Max Cash Title Loans is here to help customers find the most affordable auto title loans in Del City, Oklahoma. 5 Who are we? We are a title loan referral service who is here to connect you to the right lender. 5 Call us at (855) 561-5626, or start an online application, or keep reading to find out more!
Can You Define What an Auto Title Loan Is?
Auto title loans are secured loans that place a lien on your vehicle title, which is used as a form of collateral. Lenders look at the general value of your vehicle and the ability you have to pay your loan back to determine the loan amount.
What Qualification Do I Need to Meet to Be Eligible for an Auto Title Loan in Del City, Oklahoma?
When you apply for an auto title loan, you will need to provide some documentation, pictures, and information. This helps lenders determine your eligibility for an auto title loan. There may be some additional information that is requested of you, aside from what is listed here.
Here are the basics of what you need:
- Be a resident of Oklahoma
- Be at least 18 years old
- Have a verifiable source of income
- A few personal and/or professional references
- Own a vehicle that is totally (or very nearly) paid off
- Have vehicle insurance
How Does the Auto Title Loan Process Work in Del City, Oklahoma?
At Max Cash Title Loans, we know you have a lot going on, and we want the auto title loan process to be quick, secure, and hassle-free in Del City. This includes the application process.
When working with Max Cash Title Loans, you can complete the process from the comfort of your own home! The first thing you’ll need to do is apply online or call us to answer a few simple questions.
Next, one of our loan agents will get in contact with you to talk about the next steps and details. You will need to submit some documents that confirm your income, identity, and ownership of your vehicle.
After this, we will discuss your options in terms of lenders, and once you are approved, you can get the cash you need! 1 2 5
How is the Value of My Vehicle Determined for an Auto Title Loan in Del City, Oklahoma?
To properly assess the value of your vehicle you will need to provide information about it during your loan application. Much of this you will know off the top of your head, but some it may require you to do a bit of searching.
Your lender will need to know your vehicle’s make, mileage, model, year, trim package, and any other extras you may have gotten since purchasing your vehicle.
Knowing your vehicle’s VIN, or Vehicle Identification Number can help your lender get a more accurate reading of your vehicle’s correct value. You can find your VIN on your vehicle’s title or insurance card.
How is This Vehicle Information Used to Determine Value for an Auto Title Loan in Del City, Oklahoma?
Each lender tends to use a different program to assess a vehicle’s true liquidated value. Typically, they will use Black Book, Kelly Blue Book, or software of their own. What they will not take into consideration is any sentimental value you may have towards your vehicle, if you feel your vehicle is a “classic” when it has not been determined as such and any aftermarket products that may take away from its value.
Will a Low Credit Score Affect My Chances of Getting an Auto Title Loan?
A perk to applying to an auto title loan is that because you use your vehicle and its title as collateral, usually, your credit history will have little impact on your loan eligibility. This means you can have little credit, bad credit, or no credit at all.
Keep in mind, there may be a hard credit check at the end. Lenders will want to know if you are inactive credit counseling before bankruptcy or if you are currently in bankruptcy.
What Kind of Interest Rates Can I Anticipate for an Auto Title Loan in Del City, Oklahoma?
Interest rates for an auto title loan vary, but it is important to keep in mind that they are usually high-interest loans. So, they are typically better for short term needs. However, the lenders we work with at Max Cash Title Loans offer extremely competitive interest rates in Del City. 4
As interest rates are so important when looking at a loan, we offer a loan calculator for you to use to help see what your payment structure may look like.
Contact Max Cash Title Loans Today!
Our loan agents are ready to help the residents of Del City, Oklahoma get the cash they need, fast! 2 5 We know lenders that offer competitive interest rates and no early prepayment penalties. 3 4 Go ahead and call us at (855) 561-5626 or apply for an online title loan to get started!
Disclaimer: Max Cash Title Loans services this area but this map does not represent an actual location