Car title loans are a great way to leverage the value of your paid-off car in order to quickly get the money you need. However, you might have a few questions in mind before getting started. If so, take a look at our most frequently asked questions below or feel free to give us a call.
A car title loan is an easy way for people to get money quick in times of financial need. You receive a loan based on the value of your car, truck, motorcycle, RV, trailer, ATV, etc. We place a lien on the title to your vehicle as collateral during the duration of the loan. Once you finish paying off your loan, we will release the lien. Learn more about how it works.
If you’re only a few payments away from paying off your vehicle, Southwest Title Loans can sometimes roll those final payments into your new car title loan. This allows you to consolidate your payments while getting the money you need. Contact one of our customer service representatives to determine if you qualify.
If you miss a title loan payment, we make every effort to work with you. However, by accepting our auto title loan, you place your vehicle as security for your loan. Therefore, Southwest Title Loans may seek to obtain possession of the vehicle if you default on your title loan.
We’ve accepted a wide range of vehicles that vary in year, make, model, and condition.
Southwest Title Loans does not charge a fee to find out how much your car is worth, so you can always see how much your vehicle is worth for free.
Yes. At Southwest Title Loans, you never have to wait for someone in another office to approve your car title loan. After coming in once for your vehicle inspection, we will fund you the loan on the same day.
In the state of Arizona, all titles with liens are held by the Arizona Department of Motor Vehicle (AZDMV). With Southwest Title Loans, once your loan is paid off, we file an electronic lien release. This allows you to get your title back free and clear, and efficiently as possible. This method also frees you of any fees that you would normally incur from the AZDMV to get a title back.
Applying for an auto loan is easy. First, you’ll complete our online form or call 602.730.8005. After, we’ll meet at one of your many locations throughout the Valley. For approval, you’ll need a valid driver’s license, proof of income, proof of residence, vehicle title, and vehicle. The entire process can be completed in as little as 20 minutes. Apply now online, or call us at 602.730.8005.