How To Get Approved For A Title Loan Instantly?

Financial emergencies like medical bills, overdue rent, and auto repairs can stress you out, especially when you need cash fast to afford an approaching due date. Car title loans give you access to extra cash quickly—often within a day.

This guide from Southwest Title Loans will explain how to get instant approval for car title loans. We will review the requirements, approval process, and other details to help you understand how to get approved for emergency financing in less than a day.

What Is A Car Title Loan?

Before learning about how to get instant approval for title loans, it’s essential to understand what they are. A title loan is a secured cash loan offered to Arizona residents who have fully paid off their car and own it outright. You must have a lien-free vehicle title to get approved, which means your car is free of any outstanding liens, debts, or judgments.

You can borrow up to $15,000 from a title loan based on the value of your vehicle. The more your car is worth, the more you could potentially borrow. We will determine its value during a vehicle inspection.

Now that you understand what title loans are, learn about eligibility requirements to see if you can get approved.

What Are The Title Loan Requirements?

To legally take out a loan in Arizona, you must be over 18 years of age. You also must own your vehicle outright. We only accept vehicle titles for cars, trucks, and vans. RVs, boats, motorcycles, and trailers are not eligible. The other title loan requirements are simple, and you should be able to find the items with no problem.

Let’s take a closer look at all of the required items for title loans:

• A photo ID—The lender needs this document to verify your identity and that you’re over 18. Your driver’s license and other state-issued ID, such as a state ID card, military ID card, or passport, are accepted.
• A lien-free title—To take out a title loan, you would have to ensure that your vehicle doesn’t have any liens attached. The title must have your name on it. If it’s in someone else’s name, you will need to get a title transfer to fix that.
• Your vehicle—The car will get inspected by an agent. During this process, the loan amount will be determined. Bear in mind that the vehicle should have some value. If it’s extremely damaged, you might not get approved. Don’t worry if you have an old model – lenders would typically agree to work with the majority of makes and models.

If you have the required items mentioned above, you can start the process of getting a title loan in Arizona.

What Is The Car Title Loan Process?

Much like how simple our requirements are, the car title loan process is straightforward. Borrowers only need to complete a few easy steps that take less than a day. While you won’t get approved instantly and receive cash right away, you can access emergency funds within one business day.

The car title process typically includes the following steps:

• Fill out our online contact form with your essential information (name, zip code, contact information, and vehicle details)
• Answer a phone call from a loan agent to discuss title loan terms
• Bring your required items to the nearest Arizona store location
• Get your requirements verified and vehicle inspected for its value
• Complete the process by signing a loan agreement
• Receive your title loan cash the same day or the next business day

The entire title loan process takes less than a day. Learn more about how long each step takes below.

Will I Get Approved For A Title Loan Instantly?

Title loan approval won’t happen instantly, but all the steps can be completed very quickly. Considering that you wouldn’t have to spend hours or days gathering the necessary documents, you can begin the process in no time.

It takes less than five minutes to fill out our online form. After a short phone call with a loan representative, you can get approved in person in less than 30 minutes. Borrowers can access their urgent funds later that day or by the next business day.

Can I Get A Title Loan With Bad Credit?

One of the reasons why plenty of borrowers opt for title loans is that poor credit won’t prevent you from qualifying. For most loan amounts, companies are ready to consider all credit situations.

As a title loan is a secured loan, this type of borrowing is considered to be less of a risk for lenders. They have your car title as security in case you cannot afford repayment. That’s exactly why the companies won’t focus on your credit score when making a loan decision. The main factor that would matter in this situation is your vehicle's value.

While we may do a soft credit check during the title loan process, you will not get denied approval because of a poor credit score. Getting approved for title loans for bad credit is just one of the many benefits of this financing option.

The Benefits Of Arizona Title Loans

Getting title loans in Arizona is a simple process with many advantages for borrowers who need cash fast. Unlike traditional bank loans, it won’t take weeks for you to get approved. You can start the process online and get approved in person the same day. We work with you on repayment to determine the best way for you to repay the loan, and you get to keep your car.

The following are some benefits of Arizona title loans:

• You can start the process online—You can access our online form from any computer, tablet, or phone to get started. Start your application online, then visit one of our Arizona store locations to complete the loan process.
• Afford expensive emergencies—You can get approved for thousands to afford expensive urgent costs like medical bills and home repairs.
• Keep your car during repayment—We will hold on to your title until you pay off the loan. You can keep using your car as you normally would, so there is no need to worry about having to change your schedule.
• Flexible title loan repayment—We will work with you to determine how you can repay your loan. You can pay it back in large lump sum payments or pay a little bit by little every month.

Do these car title loan benefits appeal to you? Start the title loan process with Southwest Title Loans today to get fast financial relief!

Get Car Title Loans In Arizona – Receive Up To $15,000 Today!

Need fast cash but unsure where to start? Begin your application online, then visit us to complete it—and get your money fast. Whether you live in Tempe, Glendale, or Phoenix, we have a store location near you with helpful loan reps. Ready to get started? Fill out our online form today, and one of our loan agents will call you to guide you through the process for fast loan approval!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.