Yes, our experts at Max Cash Title Loans in Sheboygan are ready to help you get the emergency funds you need fast! 1 2 Finding out if you’re eligible for an auto title loan is as easy as filling out an online auto title loan application or giving us a call at (855) 561-5626.
How Does an Auto Title Loan Work in Sheboygan, Wisconsin?
Simply put, an auto title loan is a secured loan. The process involves having a lien placed on your vehicle’s title. Basically, the amount of money you receive is dependent on the value of your vehicle and your capability to pay the loan back. The auto title loan lender will look at your vehicle’s mileage, model, year, make, and the general value when assessing your vehicle’s value.
What is the Application Process Like for an Auto Title Loan in Sheboygan, Wisconsin?
Max Cash Title Loans could help you obtain an auto title loan deal with manageable payments and competitive interest rates.2 4
Even if you have little or no credit history, you can apply online or over the phone, and a friendly loan agent can help you with any question along the way. Accordingly, the representative will collect any information they may need from you. From there, they can potentially connect you with the best lending option for you.2 4 You need only supply a few simple documents and you can easily upload those online!
Once matched with a lender, you could set up title loan terms and a payment plan that works best for you. 2 4 After discussing terms with the lender, all that’s left is to sign your contract and receive your money. 1 2
Typically, you can choose between getting the money deposited directly into your bank account or by picking it up in person at a designated location. Once you sign your title loan contract, you can usually receive the money you need the same day or the next business day. 1 2
How Do I Make Payments for an Auto Title Loan?
Some title loan companies may require payment in person to make sure the vehicle the loan is under is still in your possession. But many larger companies will have a website with a customer portal, similar to that of a bank. These online portals allow you access to your balance, contract information, and the ability to make payments towards your auto title loan.
Additionally, it’s important to keep in mind that the total amount does not have to be the amount you agree to. You should only accept an amount that you are confident you can pay back and that allows you to financially cover what you need to. Moreover, we also have a handy calculator that can help predict what your payments may look like.
What Information and Documents Do I Need to Get an Auto Title Loan in Sheboygan, Wisconsin?
It is important to have some documents and information on hand when getting ready to complete your title loan application process.
To help expedite the process in receiving your auto title loan, collect these documents beforehand to provide to your potential lender:
- Photos of Your Vehicle (All 4 sides along with the VIN and odometer)
- Government Issued Photo ID
- Proof of Residence
- Proof of Income
- Car Title (With your name on it)
- Current Vehicle Insurance (Not always required)
- Social Security Card (or a document with your Social Security number and name)
- A Few References (Professional and/or personal, can be of no relation)
What Determines My Vehicle’s Value for an Auto Title Loan?
A title loan lender will look at the standard and enhanced information about your vehicle.
Standard information is just that, standard. You’ll likely know much of this information off of the top of your head. The standard information requested includes the vehicle’s make, model, year, and mileage.
On the other hand, enhanced information pertains to the size of your vehicle’s engine, the vehicle’s color, edition, and condition. Additionally, it could also indicate any extra features that were installed at the point of purchase. An example of this would be a sunroof or leather interior.
Further, each lender will also use different programs to determine the vehicle’s current auction value. They will look at the pricing in the Kelly Blue Book, Black Book, or use their software. This helps them discover the true liquidated value of your vehicle.
However, what will not be taken into consideration is your sentimental value to the vehicle and any aftermarket products that may decline the value.
What Happens to My Vehicle’s Title When I Have an Auto Title Loan in Sheboygan, Wisconsin?
While you repay your loan, your title loan lender will retain the car title to your vehicle during repayment. Afterward, once you have completed paying your loan back, the vehicle’s title is put back in your name.
To remove the lender’s name from the title, you can attach the release to your title or send it to your Secretary of State to receive an updated title without the lien.
Reach out to Max Cash Title Loans and Apply Today!
Contacting Max Cash Title Loans is easy, just call us at (855) 561-5626 or see if you are pre-approved for an auto title loan by filling out this online car title loan application. We’re here to help you find an auto title loan deal, with competitive interest rates and convenient payment options. 2 4 Contact us today!
Disclaimer: Max Cash Title Loans services this area but this map does not represent an actual location