get cash for title

What Vehicles Can Get Cash For Title?

For many, title loans provide fast access to emergency cash. As helpful as this may sound, not all vehicles are able to be used for cash for title loans. So, before you get in touch with us here at Mississippi Title Loans, Inc., it is worth reading through the information and seeing what are the chances your vehicle has of qualifying.

Only Certain Vehicles Can Obtain Cash For Title Loan

First and foremost, we can only provide fast auto title loans for certain vehicles. It doesn't matter if you hold a title to another vehicle type. We simply will not be able to give you a title loan. This means we only accept the following type of vehicles for this kind of loan:

  • Cars.
  • Trucks (like a pickup truck).
  • Vans (like a minivan or SUV).

The Vehicle Must Have A Lien-Free Title

Another thing to remember is we can only allow you to use lien-free titles as collateral for this kind of loan. This means that your car title should have no outstanding financing or judgments. If you have financing on your vehicle and have not received a lien release form from the financer, then you still have a lien.

If you are unsure as to whether you have any judgments against your vehicle, then you are going to need to reach out to the DMV. Yes. We know that this can be a bit of a hassle, but at least you will know whether your vehicle qualifies to get cash for title.

The Vehicle Title Must Be In The Name Of The Borrower

Since cash for title loan is a secured loan, we are only able to issue them if the vehicle's title is in the name of the borrower. If you have yet to get the name on the title switched over to yours, then now is the time before you come see us.

This means that you are going to need the permission of the previous owner and, yes, you are going to need to take a trip to the DMV. The name on the ID or driver’s license that you bring along to us should match the name on the vehicle's title as well.

The Vehicle Must Have Value

When we issue cash for title loan here at Mississippi Title Loans, Inc., we base the amount that we lend on the value and condition of the vehicle. The minimum we can lend is $300 if you qualify. We base the value of your vehicle on an industry-recognized price list.

So if your vehicle is worth under $300, then we may not be able to approve you. Obviously, very few vehicles are worth under $300. However, if your vehicle is not in a roadworthy condition, exceedingly old, or not properly maintained, then you may not be able to receive a title loan. We can carry out a vehicle inspection, but this doesn't mean that you will qualify.


young woman got an auto title loan in MS


We Must Inspect Your Vehicle

To get a title loan and for us to determine your vehicle’s value, we will need to inspect the vehicle. If you do not have physical access to a vehicle e.g., it is in the pound or out of state, then that vehicle can't have a title loan issued against it.

It isn't enough to prove that you own a vehicle for a title loan. We need to inspect it to determine the worth of your specific vehicle. Now, Mississippi Title Loans, Inc. makes your life easy on this front. You don't have to come to one of our branches for a vehicle inspection. We can meet you at a location that is more convenient for you.

Why Mississippi Title Loans, Inc. Is An Option For Cash For Title

One of the main reasons why people opt for title loans from Mississippi Title Loans, Inc. is due to how fast the process is. Our initial inquiry process can be completed in under an hour, with most title loans fully funded within a single working day – if you are approved, of course.

We try to ensure that the process is as easy as possible to get through too. The process will always start with you filling in a form and then receiving a phone call from us. Then all you need to do is meet us in person for that vehicle inspection – either at the nearest Mississippi auto title loan location or at a more convenient location.

The process is wrapped up with you signing your loan agreement if we determine you qualify. Keep in mind that we are able to consider people of all credit types and we don't even have income requirements, so if you are temporarily unemployed, you may still be able to qualify. We also do not require you to have a checking account to get this loan.

Interested In Title Loans? Get In Touch Today

If you have a lien-free title to a vehicle and that title is in your name, then you have a strong chance of being able to get cash for a title loan. The only way to know for sure is to get in touch with us. Start by filling in the short inquiry form on our website today.

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

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.