Can I Still Qualify for a Title Loan with Bad Credit?

Bad credit doesn’t prevent a borrower from qualifying for title loans in Arizona. It simply won’t influence your chances of getting approved. Southwest Title Loans, specifically, will consider you eligible as long as you’re of legal age and own a car (fully and with no outstanding loan against the title).

Needless to say, these recent times have been difficult, especially when it comes to financial matters.

Even those who’ve considered themselves good with money have had to face the sad reality of shrinking paychecks, depleting savings, and worsening credit scores when the financial obligations they’d taken on became impossible to handle.

There’s no way around it – sometimes you need to turn to options like title loans with bad credit for financial assistance.

But traditional financial institutions are highly unlikely to consider loan approval if your credit score is bad. You’ll likely be tied up in a long, exhausting bureaucratic process of sending in loads and loads of documents, only to get rejected by the end of it. Not to mention, the process might get dragged out for several weeks.

This is where Arizona title loans enter the scene.

How To Get Title Loans In Arizona With Bad Credit

How Do I Qualify For A Title Loan Approval If I Have Bad Credit?

You can qualify for title loans in Arizona with bad credit for one simple reason – Southwest Title Loans won’t be checking your credit history. Not only can you apply and get approved if your credit score is bad, but it can also be nonexistent altogether.

Additionally, Southwest Title Loans won’t report your loan to any credit bureaus, so if you’re worried the title loan might harm your credit further – you need not. It won’t influence your existing credit score in any way

When Should I Apply For A Car Title Loan?

Getting a title loan with bad credit already hanging over your head might feel like a risk – but you must remember that taking on debt can be a smart choice when you weigh all the pros and cons, and establish that the former outweighs the latter.

For title loans, the pros outweigh the cons when you’re facing a time-sensitive emergency and need money to deal with it ASAP.

Some examples would include avoiding penalties on overdue bills such as rent and utilities (if your paycheck has shrunk due to unpaid leave, or is coming in late), a car breakdown, unexpected medical expenses, or other problems which could exacerbate and cost you more down the line if you don’t deal with them urgently.

When applying for a title loan bad credit won’t be impeding your chances, and that is a plus – but there are other benefits attached, which make a title loan an optimal choice in an emergency.

What Makes A Title Loan An Optimal Option In An Emergency?

Ultimately, what makes title loans an optimal option to deal with an emergency is accessibility and swiftness.

Not only can you apply for a title loan bad credit (or absence of credit score) not being something to worry about, but you can also do so with any type of income (Southwest Title Loan representative you’ll be working with will accommodate any kind of income source you might have), as long as you’re of legal age (at least 18 years old), and the car title you intend to use is in your name and completely lien-free.

How Do I Apply For An Online Title Loan in Arizona?

So now that we have established that when applying for a title loan with low credit plays no role – you can go right ahead.

Applying for vehicle title loans in Arizona at Southwest Title Loans is a simple procedure. So simple that you can easily start it from the comfort of your own home.

All you need to do is visit the Southwest Title Loans website and fill out the application form online. Your information will be sent directly to the one of our store locations to get processed – and from there on it’s up to you when you wish to come in to complete the Arizona title loan process for your loan.

As mentioned above, there are a few requirements you need to fulfill to be eligible for online title loans with bad credit.

Namely, you need to provide the loan representative you’ll be working with the following items:

• Your car for a quick inspection to determine its value, and in turn, the loan amount you can receive
• Your car title – it must be in your name and completely lien-free (meaning the title is clean with no claims or judgments against it)
• Your government-issued ID, such as a valid driver’s license

The loan representative will assess everything and determine if you qualify for the loan (without checking your credit score). If approved, and agree to the terms and interest rates, as well as the loan amount offered – you get the cash the very same day.

This entire Arizona title loan process lasts on average between 30 to 40 minutes. That’s how easy it is to get title loans with bad credit. 

Get Fast Cash With An Arizona Title Loan Today!

If you live in Arizona, bad credit doesn’t have to stop you from qualifying for the fast cash title loan you need. Southwest Title Loans can help!

Just fill out the easy online inquiry form to get a call from one of our loan representatives who will help you submit a loan application and get the Arizona title loan process started today!

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