person getting a personal loan with a car as collateral

Which Borrowers Are Getting A Personal Loan With Car As Collateral?

When you have emergency expenses, you don’t have to handle them alone. You can come to Mississippi Title Loans, Inc. and get yourself car title cash. Many individuals qualify for a personal loan with car as collateral. This loan is advantageous because it does not require a fantastic credit score and it can help you get the money you need fast.

It just requires car ownership. If you are considering getting a personal loan with car as collateral from us, there are some things you need to know. Find out who can qualify for this loan and what to do to get the Mississippi Title Loans, Inc. process started.

What Is A Personal Loan With Car As Collateral?

If you are considering applying for a personal loan with car as collateral, you’ll be happy to know you can get car title cash in Mississippi quite easily. Car title cash, or Mississippi auto title loans, use your vehicle’s lien-free title as collateral for a lump sum of money.

In case you are unfamiliar, the title is what proves you have ownership of the vehicle. The vehicle itself is what will determine how much you can qualify for if we approve you. This means we will perform a quick inspection to determine your vehicle’s condition and figure out how much you qualify for.

If we decide to approve you for car title cash, your title will have a lien on it. This simply means that your title is being used as collateral. You will still be able to drive your vehicle as before. And once you pay back the loan in full, all liens against the title are removed, allowing you to own it outright again.

Who Can Get A Personal Loan With Car As Collateral?

Anyone who meets the minimum requirements for a personal loan with car as collateral can come in and find out if they qualify. In other words, as long as you know what the requirements are and have these requirements, you can apply for this car title loan.

The exact requirements for a title loan here in Mississippi are simple to understand. All you need is your vehicle’s lien-free title for collateral, your driver’s license or state-issued photo ID to prove you are 18 years old or older, and your vehicle for a quick inspection.

It’s important to note that the title must be lien-free to qualify. This means there are no outstanding loans or judgments against the title – meaning your vehicle is fully paid off. The title must also be in your name, as it appears on your form of identification.

 

man got a personal loan with a car as collateral

 

Can I Apply For Car Title Cash Even With Bad Credit?

The good thing about applying for a car title loan with us is that you can apply even if you have bad credit. Given that your vehicle title is being used as collateral, your credit score is not that big of a factor when determining whether or not you qualify.

Instead, you only need the three items mentioned above to get through the process. Plus, you will find out if you qualify in a few minutes. And, if you do get approved, you can get the cash you need either on the same day or the next bank business day to get your expenses paid for.

Where Can I Get Car Title Cash?

If you are considering getting a car title loan, you have to know where to look. Mississippi Title Loans, Inc. has quick auto title loan locations all over the state with friendly and knowledgeable loan representatives so that you can apply for the car title cash you need. You can get up to $2500 with our title loan.

To find out if there is a location near you, you can visit our locations page or fill out our request form. This request form will match you to the closest storefront location, based on the address you provide. Rest assured your information is kept secure and confidential.

How To Get Started

If you are still interested in getting a car title loan, the next thing to do is to get started by filling out our online inquiry form. Right after you fill out this request form, a representative from the closest Mississippi Title Loans, Inc. location will give you a call.

During this phone call, the representative will help you set up an appointment either at the store or they can come meet you instead. Either way, we will inspect your vehicle and assess your information to determine if you qualify and for how much. If you do, you can finish the paperwork and get your cash the same day or next bank business day.

Get Your Personal Loan With Car As Collateral

There is no reason for you to handle your emergency expenses alone when you can’t. If you want to get a personal loan with car as collateral, you can come to Mississippi Title Loans, Inc. for car title cash. To get started, fill out our inquiry form now and we will get back to you shortly.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

June Mckaig

June Mckaig writes articles on finance and budgeting, hoping to provide insight amidst the overwhelming crowds of information on the internet. She feels that with all this accessibility comes a lot of false data, and she would like to contribute astute, helpful input that she knows can help others. If you would like to learn more about June's research, read more here.