In need of some fast cash? Max Cash Title Loans is here to assist the great people of Clarksville, Tennessee with all of their auto title loan needs. 2 Getting a loan in the greater Clarksville area is easy with the help of our experienced loan agents. If you own, or are nearly done paying off, your vehicle but are having trouble finding funding, call us at (855) 561-5626 or apply online. Continue reading to discover if an auto title loan is the right option for you!
How Do Auto Title Loans Work?
Auto title loans (or title pawns) are secured loans that place a lien on your vehicle’s title. This means that you can still use your vehicle as you regularly would but the title is temporarily in your lender’s name. The lender determines the loan amount by looking at the value of the vehicle along with your ability to repay the loan. 1 You get your title back when you complete the repayment of the loan.
Unlike personal loans, a credit check is not always a part of the title loan process. Credit score does not have much impact on approval, so clients with bad credit get approved all the time! 4 5
What Do I Need for an Auto Title Loan in Clarksville, Tennessee?
In order to get approval for a car title loan, there are some documents you will need.
- You must be a resident of Tennessee
- Be at least 18 years of age.
- Have verifiable proof of income
- a government-issued photo ID
- a few personal and/or professional references.
- Vehicle Title (or if still paying on it, the Registration)
What is the Process?
- The first step in acquiring an auto title loan through Max Cash Title Loans is to complete our online application form. You should hear from one of our expert loan agents in just a few moments to walk you through pre-approval! 5
- After that, the loan agent will discuss your financial needs to determine which lending option would suit best.
- Complete the process in-store or online, depending on your choice of lender.
- Once approved, your lender will contact you with a quote for the maximum amount they are approved to lend you. 1 4
- Assuming you like what you hear, from there you will sign your loan agreement!
How Do Lenders Value My Vehicle for an Auto Title Loan in Clarksville, Tennessee?
Loan companies need to know some basics about your vehicle in order to properly assess it. Much of this information you will realistically already know, but some you may need to check so you can be prepared when applying for your auto title loan.
This is what you’ll need to know:
- Trim package and extras you may have added since purchase
How is My Vehicle Information Used?
Different lenders use different programs, typically they use Black Book, Kelly Blue Book, or software of their own. Their goal is to determine the true liquidated value of your vehicle. What is not taken into consideration is if you consider the vehicle to be a classic but it has not been verified as such, any aftermarket products that may harm the value or any sentimental value you have for the vehicle.
How Do I Make Payments for an Auto Title Loan in Clarksville, Tennessee?
Often, larger lending companies will have customer portals you can connect to via their website. These portals allow you to make payments and keep track of your balance and what you still owe, similar to that of a bank. If you’re curious about what your payments may look like, have a look at our loan calculator. Max Cash Title Loans works with lenders that offer manageable payments and competitive interest rates. 4
Begin Your Journey with Max Cash Title Loans in Clarksville, Tennessee Now!
Our experts at Max Cash Title Loans are here to help you every step of the way. Residents of the Clarksville area can rely on Max Cash Title Loans for the best deals on fast cash. Auto title loans can seem overwhelming at first, allow us to walk you through it. Call us at (855) 561-5626 or contact us online to get started today! 2 5
Disclaimer: Max Cash Title Loans services this area but this map does not represent an actual location