Want to use a title loan to pay for bail bonds? If you find yourself in a position where you need bail bonds, but you don’t have the means to afford them, that can be a terribly stressful situation. Therefore, it might be time to consider using a title loan to cover your bail bond costs so you can pay down in installments over time.
Max Cash Title Loans wants to make this difficult time a little bit easier. You can easily get the details you need to make an informed decision. Simply connect to our network of thousands of verified title loan lenders in the industry! That way, you know you are getting the most competitive deals out there.4
You have the potential to succeed and create the life you want for yourself.
What Are Bail Bonds?
Bail bonds are a particular type of agreement made by a person who has been charged with a crime to appear in court or pay a fine. The person charged is required to pay a particular sum as a kind of guarantee that they will follow through with the requirements of the court, usually to attend a hearing to face the charges.
An individual’s bail amount can range anywhere between a few hundred dollars and many thousands, usually depending on the severity of the accused crime. If you or a loved one is suddenly facing charges, it can be incredibly overwhelming to be faced with such costs if you don’t have that sort of cash available.
Whether you need to post bail to return at a later date or you simply need to pay a misdemeanor fee, things can get costly very fast.
How Can I Use a Title Loan to Pay for Bail Bonds?
Depending on your current financial situation, finding loan options to pay for your bail bond costs can be difficult. A lot of more traditional lenders of personal loans require that borrowers have good credit. If you don’t have the best credit score or have a past bankruptcy, a title loan could be a good option to be able to get the funds you need for a bail bond regardless of those things.
However, another reason why a title loan could be the best funding option for your needs is they are far quicker than other installment loans. If you are looking for emergency funding to cover a bail bond, you likely need the money quickly. It is possible to get a title loan as quickly as the very next business day!5
How to Qualify for a Title Loan to Pay for Bail Bonds
If you need a title loan to pay for bail bonds, all you need to do is follow these simple steps to qualify:
Provide Some Basic Details Before You Can Use a Title Loan to Pay for Bail Bonds
Firstly, you’ll need to fill out Max Cash Title Loans’ short inquiry form. It will ask for just a few basic facts about you, your car, and your income including:
- Name, date of birth, and your address
- Email address
- Monthly Income
- Either your Social Security Number or your Individual Taxpayer Identification Number
- Year, make, model, mileage, and overall condition of your car
Receive an Estimate with Pre-Approval
After submitting your details, you will be able to see if you pre-qualify and how much you might qualify for. This estimate comes with no obligation to you and is completely free. You can decide whether you would like to proceed with the loan after knowing whether you can get the sum you need for the bail bond.
Provide Some Required Documents
Secondly, you will be asked to provide some further documents to proceed in the title loan process.
Typically, you’ll need these documents:
- Government-Issued Identification
- Proof of Residence
- Proof of Income
- Title of the Car
- A Few References
Thirdly, if there are any other documents needed from you, your title loan agent will reach out to let you know!
Send In Pictures of Your Car
Fourthly, instead of an in-person vehicle inspection, you can simply send in some pictures of your car. Use your mobile phone to confirm all the information you provided and that it is in good shape! To get the best quality pictures, take them in natural light and get a few from various angles. You can text them to an agent straight from your phone.
Sign Your Loan Agreement
Lastly, when everything gets finalized, you will be able to look over your loan agreement. From there, you can discuss any changes that need to be made with your title loan agent. Once you are satisfied, sign your contract and get your money. There are several options you can choose from for how you get your funds.
Use a Title Loan to Pay for Bail Bonds
Title loan lenders usually give you a few options for picking up your money depending on what is most convenient for you! Some of the typical options that might be available to you include:
- Get the money wired directly into your bank account!
- Pick up your funding in cash from a local MoneyGram location in your neighborhood.
- Come into one of our licensed locations to sign your loan agreement and get your money in person.
- You can ask the lender to write you a check which you can get in-person or have mailed directly to your house!
- Some lenders may offer a prepaid debt card as an option.
In conclusion, you can start the qualification process today to see if you can use a title loan to pay for bail bonds!