As a title loan referral service, Max Cash Title Loans is here to assist you in getting the funds you need in Leesburg, Virginia. 5 Simply apply for an auto title loan online or call us on the phone at (855) 561 5626. The application process is simple, and there is no credit check when pre-qualifying. If you are concerned with credit, own your vehicle, and need cash fast, discover how an auto title loan could help you now!
What is an Auto Title Loan and How Does it Work in Leesburg?
Auto title loans are secured loans that place a lien on your vehicle’s title. Your vehicle’s title is transferred to your lender as collateral. The amount you can receive from one of these loans is based on the overall value of your vehicle and your ability to repay the loan.
What is the Process to Get a Loan Through Max Cash Title Loans in Leesburg, Virginia?
The first step you can take is to submit your information online, by completing our online application and discover if you’re pre-approved within minutes! Our agents help you skip the hassle of wondering whether you have what you need. After pre-approval, the loan agent will discuss your financial needs with you. From there, we will help you find the right lender for you, with low payments and competitive interest rates. 2 4 5
Upon further approval, your lender will ask you to sign a loan agreement. They will also need to verify your vehicle’s condition and odometer status with you. Once the underwriter contacts you, they will provide you with a quote for a loan amount. You are not obligated to accept the full amount they may offer you; it is always recommended to take only what you need and are confident that you can pay back.
Unlike personal loans or traditional bank installment loans, bad credit would not necessarily disqualify someone from getting a title loan.
How Do Lenders Value My Vehicle for an Auto Title Loan in Leesburg, Virginia?
To help determine the overall value of your vehicle the lender is going to look specifically at a few different pieces of information. They will look at the mileage, model, make, year, VIN, and any other trim packages or extras that you may have added since purchasing the vehicle.
The VIN, or Vehicle Identification Number, helps make it simpler and more accurate for your lender to denote the correct value of your vehicle. Your VIN can be found physically on your vehicle by checking the dashboard, the inside of the driver’s door, or on the driver’s side window. This information should also be located on your vehicle’s title and insurance card.
Is It Hard to Make Payments on My Auto Title Loan in Leesburg, Virginia?
Your Max Cash Title Loans rep wants to help you find the right lender, and that includes helping find you the most manageable payment options. 4 If you’re trying to see how an auto title loan will look with your budget, check out our loan calculator to see what types of payment plans you can financially handle.
In terms of making the actual payments, your lender will typically give you a few options. 4 Many of the larger lending companies have websites that contain a customer portal. This customer portal allows you to keep track of how much money you still owe, your loan balance, and offers a fast and easy-to-make payments. Some companies may request you make payments in person.
If you prefer to pay cash, you can ask your lender about using Western Union to make same-day payments.
Like payday loans, title loans are typically intended to be short-term loans, so you can usually pay them off early with no penalties. 3
Do I Need a High Credit Score?
If your credit history is a concern, you should look into an auto title loan to get the funds you require. While some lenders will check, it’s okay to apply if you have a low credit score or none at all!
Many lenders will look to see if you are inactive credit counseling before bankruptcy or are currently in the bankruptcy process.
So regardless of your credit score, you are still encouraged to apply for an auto title loan.
What Happens to My Vehicle’s Title When I Have an Auto Title Loan in Leesburg, Virginia?
Your lender will hold onto the title of your vehicle while you repay the loan. Upon repaying the loan, the lender removes the lien from the title. You may attach the release to your title to show that the vehicle is now in your possession again or you may send it to your Secretary of State to receive a fresh title that does not contain the lender’s name.
Does Max Cash Title Loans Have Good Customer Service in Leesburg, Virginia?
Our staff is helpful, friendly, and most importantly accessible. All of our loan agents are here to answer questions before, during, or after you begin your title loan journey. We are available 7 days a week, even on Sundays! You can reach us by phone, email, or even through text message if that’s more your speed. We offer many options so you can contact us, and you can choose which works best for you!
Start the Process Today!
There’s no reason to not start on your auto title loan application in Leesburg, Virginia right now! Don’t let your credit score prevent you from getting the funds you need to apply for an online auto car title loan in Leesburg, Virginia today!
Disclaimer: Max Cash Title Loans services this area but this map does not represent an actual location