If you find yourself facing a financial crisis that needs immediate attention, you may have considered a car title loan. But if you have an older model car, could your car still qualify?
It may be possible! Even if a car is old, if it is still in relatively good condition, or if it is a desirable model, then the car owner may still be eligible for an auto title loan.
Take a look at how cars are valued, and what is expected during the loan process.
Vehicle Value: How It Is Determined
A cars value is one of the main determining factors when it comes to applying for a title loan. A cars value is determined by the make, model, year, mileage, and condition.
If the vehicle has any interior or exterior damage, then the value will decrease, or the car may be deemed ineligible for a title loan. The car title is used as collateral in a title loan. If the vehicle has been altered in any way, the lender may not receive the highest value for the car if a borrower defaults on their loan and the car is repossessed. Likewise, if a car has had any modifications then the value may also decrease, or it may be disqualified.
Max Cash Title Loans has made it easy to determine the average loan value auto title loan borrowers receive. We’ve compiled a list of car makes and models, along with the average loan value awarded to them. For a direct link to the page, click here.
If a vehicle owner is still making payments on their vehicle, they may still apply for a title loan. However, the cars equity will decrease. Equity is calculated by subtracting the vehicles value by the amount owed. If no money is owed, then the cars value does not change.
Max Cash Title Loans Benefits
There are several benefits to using Max Cash Title Loans free loan processing services. We are a knowledgeable, and close-knit company that considers clients to be family. We started back in 2008, and ever since then we have helped individuals acquire the emergency money they need to tackle life’s unexpected problems.2 5
Using our financial expertise, we have helped over 400,000 people obtain financial support.5 Our agents are available to answer any questions or concerns seven days a week. Our superior customer service agents can be reached well beyond traditional business hours. We are open from 6am to 9pm every single day. Our clients are our first priority, so we ensure we are made readily available to them.
Max Cash Title Loans has helped many individuals find affordable loans, even those with poor credit or past bankruptcy.5 We are able to do this by working closely with lenders who take into account other qualifying factors like monthly income, rather than just someone’s financial history. So don’t be discouraged if you have low credit or past bankruptcy, we may still be able to help.2 5
We offer fast pre-approval for clients. Once we receive a client’s information, we contact them and let them know if they have a good chance of securing a title loan. We are able to accomplish this by using our decade of experience and financial know-how.
Financial disasters may strike at any given moment, and not everyone is going to have the funds necessary to handle them on a whim. But when working with Max Cash Title Loans, we may be able to secure our clients same day funding.5 Max Cash Title Loans works tirelessly to help clients, this means finding a lender with a quick process. So if a client needs money right away, we just might be able to help them.2 5
Max Cash Title Loans takes pride in the fact that we are transparent. To us, transparency means being honest with our clients and disclosing every step of the process. If there is ever anything a client would like to know, whether it’s how we operate, or why we paired them with a particular lender, we will be more than happy to discuss details.
We make sure to work with lenders who don’t charge our clients pre-payment penalties.3 If a client wishes to pay off their loan early, or make additional payments, we believe that is cause for celebration not punishment. So feel free to pay off that loan as early as you can and regain your financial independence.3
Apply with Max Cash Title Loans
If all of this sounds good, then go ahead and apply with Max Cash Title Loans. Our services are completely free, and there is no obligation to accept loan offers should any be offered.2 5 Take a look at all the ways individuals may connect with us below. We look forward to helping you!1
- Fill out and submit our online questionnaire
- Call or text us toll free at (855) 561-5626
Shoot us an email at email@example.com