Title loans in Marrero, Louisiana could be a great solution for funding, if you have less than perfect credit history. When looking for car title loans in Marrero, Louisiana Max Cash Title Loans, a title loan referral service is a great place to begin.
Because we are not a car title loan lender ourselves, we can cut down the application process from hours to about thirty minutes. In addition to that, we work with so many title loan lenders across the nation, and we may be able to personalize your loan better than what a single direct lender could offer. 4
To find out if you are pre approved for a title loan through lenders that we work with, you can give us a call at 855 561 5626, or apply for an online car title loan through our website. Finding out whether you are pre approved only takes a few minutes, and you have nothing to lose from inquiring, as the process is free!
To find out more about how auto title loans work, and on the title loan referral team at Max Cash Title Loans, continue reading!
An Overview of Car Title Loans, and Why Bad Credit Is Typically Okay with Them
For those unfamiliar with title loans, it may be helpful to know some basics about them, especially if you are thinking of applying. Title loans will sometimes also be referred to as auto title loans, car title loans, pink slip loans, or pawn title loans. As the different names for these loans suggest, title loans are secured with a borrower’s vehicle through the car’s title.
Therefore, when a title loan is taken out, you’ll have to be comfortable with providing ownership of the vehicle to the lender. Keep in mind that this is meant to temporary, as the lender will return the car’s title once the loan is paid back in full.
Because a lender will have this ownership while the title loan is being paid back, bad credit is not a factor for approval. And in some cases, a lender may decide to forgo a credit check altogether.
If Not My Credit Score, what is Looked at For Title Loan Approval in Marrero?
Instead of focusing on credit score, title loan lenders will pay attention to the following factors for loan amount, and title loan eligibility:
- The value of your vehicle the value of your vehicle is dependent on the make, model, year, condition, and mileage. The title loan amount will generally be a percentage of the car’s value.
- Your ability to repay the title loan your ability to repay the installment loan, will be determined by your income, the expenses that you have, and the amount of existing debt that you may have.
To get a better idea of what title loan payments could look like, you can take a look at Max Cash Title Loans’ payment calculator.
Your income your monthly and annual income will be asked about, and need to be confirmed.
The Documents You’ll Typically Need for a Title Loan in Marrero:
Generally, a title loan lender will ask for personal information like:
- A Valid Gov. Issued Photo Id
- Proof of Income
- Proof of Residence
- The Car’s Title
- 3 References
- Pictures of the Vehicle
In some cases, a title loan lender may ask for a few more pieces of information/ documents.
Why Work with Max Cash Title Loans in Marrero, Louisiana?
As mentioned above, as a title loan referral service/ a financial service, Max Cash Title Loans could offer unique benefits with our service/the loan process, and the network of lenders that we work with. 4 Here are more details on that:
- A Fast Process.
- In about 3 steps you could find out about title loan approval with the loan companies that Max Cash Title Loans works with.
- No Hidden Fees While Repaying! 3
- Competitive Interest Rates.
- All of the lenders that we work offer highly competitive interest rates. This could mean an incredibly affordable auto title loan. 4
- Low Monthly Payments!
- Manageability with repayment is key with any kind of loan service, and when searching for lenders through our network, we can try to get you that. 4
- Get a Short Term Loan or a Longer Loan Terms.
- Title loans are typically a year long, however, with us, we may be able to find a lender with other options. Some lenders offer loan repayment that could be as little as a month, to as long as a few years! 4 This makes them a viable alternative to payday loans or cash advances. Talk to a loan agent about exactly what kind of loan repayment you are looking for!
- Pay Off Your Title Loan Early Without any Fees 3
- Continue Using Your Vehicle as you Repay.
- You can use your vehicle while repaying your loan!
Can I Get a Title Loan if Vehicle Title is Not Lien Free?
A lien is added to a vehicle’s title when a loan is taken out on it. If you are paying off a current loan on your vehicle, a title loan may still be an option.
There are lenders out there who may be willing to work with you, with refinancing your existing loan.
Refinancing involves taking a new loan and paying off the old one. When applying with the lenders who work with Max Cash Title Loans, you could get a better interest rate, a more flexible repayment plan, and you may be able to borrow additional funding (if you are looking for more than just repaying the loan). 1 4 Another reason to start your loan search through us!
Start the Process Today!
Applying with Max Cash Title Loans is super simple in Marrero: you can head to our website and fill out a pre approval form or give us a call/text us at 855 561 5626.
Once you submit the initial form, a loan agent will reach out to you. and help with the next steps! At this point, you’ll have to submit a few documents, and the search for a potential lender can begin.
Once approved with a lender, a contract will be made up, can be reviewed, and then signed. 2 5 After this, the funds from the loan are available in as little as 24 hours! 1 2
Ask about the different options of funding, as it can be as easy as transfer to a bank account! 2
Apply for an auto title loan with our online application right away, or if you need more information check out some resources we have, like our FAQ page!
Disclaimer: Max Cash Title Loans services this area but this map does not represent an actual location