Your car’s title is an important part of vehicle ownership. Not only do you need it to prove ownership, but you won’t be able to sell your vehicle or use it for a loan unless you have it. Like most important documents, as a car owner, you may be asking yourself where is a safe place to keep your car title?
The most commonplace for keeping it safe is the glovebox. the glove compartment of the car, as it never leaves the vehicle and will be right there when needed. Many other people will add it to their safe, or a filing cabinet. While others may find it best to keep it with a family member (a common option for those renting a place with others, or those who are living in a dorm). No matter where you decide to keep your car title, you should make sure that you have access to it when needed and make sure the document is protected.
In addition, to give the ability to sell your vehicle, and get car insurance, your car’s title is the only way you can get a title loan, a loan that uses your vehicle as collateral. If you have your car’s title and are looking for emergency cash, a title loan is an easy way to get it, even with bad credit! And at Max Cash Title Loans, we work hard to connect potential borrowers with title loans across the country. The first step is to give us a call, or head to our website and apply for an online title loan.
Keep reading below for resources if you have lost or misplaced your car title, you will also find more information on car title loan funding.
What to Do If I Have Misplaced my Car Title?
If you have lost or misplaced your title loan, you can head to your local DMV (Department of Motor Vehicles). When requesting a new title or duplicate title, you should have:
- The Vehicle Identification Number (VIN) number
- Certificate of title application (or similar application for your state)
- Lien release from the lienholder (needed if you have paid off a loan from a dealership or a private lender).
- The vehicle registration
- Bill of Sale (if buying from a previous owner)
- A State-Issued Photo ID (driver’s license, passport, etc.)
- Odometer reading on your vehicle.
- Last four digits of your social security number
- Lastly, your home address
Keep in mind each state may work a little differently and you may need additional legal documents/more information. Also, every state has different fees for a new or duplicate title.
Getting a Car Title Loan for Fast Cash
Your vehicle has equity, and when you need some fast cash, a title loan can use that equity to make funding available. Here is how a title loan will work:
When the loan is taken out, the lender will add a lien to the car’s title. This will make the lender the legal owner of the vehicle.
The good news is that most title loan lenders will let their borrowers keep and drive their vehicles as long as they repay their loans.
How Much Could I Get with Vehicle Title?
Title loan amount can range between a few hundred dollars up to a few thousand dollars. The amount you could be approved for will depend on the value of your vehicle (a used car is okay too) and your income.
When looking for a car title loan, start with the experts at Max Cash Title Loans! Because of the way that we operate we could offer all kinds of unique benefits.
Perks of Max Cash Title Loans!
Here are a few benefits that come with Max Cash Title Loans, and the lenders that we work with:
Low Monthly Payments4
The monthly payments for the title loans are going to be low from the very start, all the way until your last payment.4
No Hidden Fees3
There are no hidden fees to worry about when repaying.3
Competitive Interest Rates4
Because of the lenders, we work with we offer highly competitive interest rates. This could mean huge savings over time.4
Get Fast Cash Once Approved1 2
Once approved for a car title loan, the funds can be made available in as little as 24 hours.1 2 The funds can be sent in the mail via a check, transferred straight to a bank account, or picked up at a local MoneyGram.
A Completely Online Application
From start to finish everything can be done online from the comfort of home! And so, there is no need to make any appointments or worry about long wait times. In contrast, traditional bank loans take much more planning and time.
Flexible Repayment with Title Loans Lancaster4
Whether you need a short-term loan or a long-term solution or loan, the lenders that we work with may be able to accommodate.4
These are just a few of the benefits that could come with these loans, and the services that Max Cash Title Loans! For the next steps, head to our website or give us a call right away! To get started with a title loan, simply fill out an online title loan application!
Your car title is an important part of car ownership, and there are a few safe places you should keep your car title. Keeping in the vehicle itself is a common safe place, while others may store it in a safe, or give it to a trusted family member for storage.
If you have lost or misplaced your title, the good news is that you can get it replaced at your local DMV. Additionally, you can also use your vehicle’s title, to get fast cash through a title loan.