Max Cash Title Loans is proud to help the residents of Jackson, Tennessee find a great deal on an auto title loan.2 4 5 Our experts are here to assist you every step of the way. If you find yourself in need of a loan and own your vehicle, call us at (855) 561-5626 or apply for an auto title loan online! 2 Keep reading to see what we could do for you!
What is an Auto Title Loan?
An auto title loan is a secured loan with a lien on your vehicle’s title. You will have your vehicle to use as you regularly would, the name on your vehicle’s title switches over to your lender as you repay the loan.
The amount of funding you can receive for an auto title loan is determined by the general value of your vehicle and your capability to pay the loan back.
What Information Do I Need to Provide for an Auto Title Loan in Jackson, Tennessee?
To properly assess your eligibility for an auto title loan, your potential lender will require some information about both you and your vehicle. In terms of what you will need: you will need to be a resident of Tennessee, be at least 18 years old, have a verifiable source of income, a government-issued photo ID, and a few personal and/or professional references.
For your vehicle, they will need: to see that you own a vehicle that is completely (or nearly) paid off, vehicle insurance, and some photos of your vehicle that include all 4 sides, the odometer, and the VIN. The VIN, or Vehicle Identification Number, can be found on your vehicle’s title or insurance.
What Steps Do I Need to Take to Get an Auto Title Loan?
The first thing you will want to do is to complete our online application form.5 You will then be asked to upload some documents to help gather information.
Expect to hear from a Max Cash Title Loans loan agent in just a few moments to find out if you’re approved!2 5
Upon approval, the underwriter of the loan will contact you with a quote for your loan amount. Then the lender will ask you to sign a loan agreement. We aim to get the process complete for you within 24 hours! 2 5
How Will Lenders Value My Vehicle for an Auto Title Loan in Jackson, Tennessee?
Aside from the information previously mentioned, your lender will likely use a program to help assess value. Your lender’s goal is to determine the true liquidated value of your vehicle. Each lender may use a different program, usually, they use Kelly Blue Book, Black Book, or their software.
What will not be taken into consideration is if you think the vehicle is a classic. Additionally, sentimental value and any aftermarket products that may harm the value are not considered.
How Do Payments Work for an Auto Title Loan?
Your monthly payments are based on the duration you request the loan for, the principal, and the loan amount.
When the underwriter contacts you with an offer for your loan, you do not have to accept the maximum amount they offer. It is always recommended to take how much you need and are confident that you can payback.
To get an idea of what monthly payments may look like, check out our loan calculator.
When it comes to making your monthly payments, many larger companies have a website with a customer portal. This portal allows you to keep track of your balance and how much you still owe, as well as payments.
Occasionally, smaller lending companies will request you make payment in person. If you are someone who prefers to pay in cash, ask your lender about using Western Union to make payments.
What Are the Perks to Using Max Cash Title Loans?
Max Cash Title Loans wants to work with you to find your best auto title loan fit.2 4 5 We are available to you 7 days a week and have been in the industry for over a decade. We know you’re busy and have a lot going on, which is why we have a wide variety of ways to get in touch with us here. We have great relationships with lenders that may be able to offer you low, manageable payments and competitive interest rates.1 4
Start the Process for an Auto Title Loan with Max Cash Loans in Jackson, Tennessee Today!
Max Cash Title Loans expert loan agents are eager to help the people of Jackson, Tennessee get the cash they need, fast! 2 5 To discover how we can help, go ahead and give us a call at (855) 561-5626. We have relationships with lenders that offer competitive interest rates and no prepayment penalties.3 4 Begin your journey now by applying for an online car title loan!
Disclaimer: Max Cash Title Loans services this area but this map does not represent an actual location