A car title loan is one that you can get with the equity in your car. You can use either your car or motorcycle as collateral for the loan as long as you own your car free and clear and the title of the car is in your name.
The documents needed to apply for your car title loan Indiana are those you can get at the tip of your finger. All you need is the car title in your name and a valid government ID. With this, you can easily qualify for a car title loan in Indiana.
It is Easy, Fast, and Secure
Securing a title loan is very easy as you can secure it right from the comfort of your home by applying online.
The first step is to identify a reliable, tested, and trusted loan company; you can do this by reading reviews and carrying out a few background checks. You can also ask people around for a recommendation.
Once you identify a loan company of your choice, then you can either visit a loan store or apply online to secure the cash you need in less than a day. The documents you would be asked to provide vary for different loan companies.
To get a loan using the equity in your car is super-fast as you only need a few documents and checks carried out on your car. You can get pre-approved in few hours and the cash is credited within hours of your approval
Get the Best Offers with Your Title Loan
What you have to look out for is a loan company that is not in business to take advantage of your financial situation. Look out for loan companies that offer the best interest rates and high cash out. However, make sure you do not default on your loan terms so that the lender does not repossess your car.
How Does Car Title Loans Indiana Work?
The application for your Indiana title loan can be completed online by following four easy steps.
- Fill out the Online Application Form
You can apply for your Indiana title loan online by filling out the online application form or by visiting the store to apply in person. Once you submit your application form, the lender will assess your application and decide how much loan you can get based on the value of your car.
- Locate the Nearest Loan store
Search and locate the nearest loan store closest to you especially if there is a need to take the car there for assessment. The loan agents will attend to you by checking your car title and other documents. If everything is fine from the assessment, you are set to get your cash!
- Sign the Contract
After your application is approved, you will have to sign the necessary documents and contract. Make sure you read through properly and ask questions where you need clarity. You will not have to drop your car, you can take your car home and still enjoy driving it around while you are repaying the loan.
- Payment
Now it is time to start repaying the loan according to the terms in your contract. Do not default on the payment terms and loan agreement.
Why Choose Title Loans Indiana
- It is fast, easy, and secure.
- You have the opportunity of still driving your car while you pay off the loan as long as you do not default on the loan terms.
- You can find a lender closest to you.
- You can apply with all types of cars or vehicles as long as they are in good working condition.
- You can get cash the same day without any delay.
- The interest rate is affordable.
Document Needed to secure Indiana Title Loan
You will need the following documents to get your Indiana title loan;
- Original copy of the car title showing your name on it.
- Current vehicle registration.
- Proof of identity such as a government ID.
- Proof of address such as utility bill.
- Vehicle insurance.
- Proof of a source of income.
- Duplicate car keys.
With the documents listed above, you can easily secure a title loan in Indiana.
Can I get a Title Loan in Indiana despite my Bad Credit?
The answer to this question is a big YES!!! You can get a car title loan in Indiana regardless of your bad credit or credit score.
The most important thing that we consider is how much equity you have in your car and whether it is in good working condition. We do not focus on what your credit score says about you. This is why how much loan you can secure depends on the equity in your car.
Hence, when you are applying for a car title loan in Indiana, you have nothing to worry about your credit standings; your car is your credit.