How Much Can I Get For Car Title Loans in Wisconsin?
When it comes to car title loans in Wisconsin, every lender has its own minimum and maximum loan amount, which is why it’s important to know these limits when you’re looking for a specific amount of cash to deal with an urgent expense.
Wisconsin Auto Title Loans, Inc. offers up to $15.000 when you qualify for a title loan, but the exact amount you may qualify for depends on a number of factors.
But what exactly determines the value of your vehicle, and subsequently, your Wisconsin auto title loans? Let’s find that out!
Factors That Determine A Vehicle’s Value
Calculating the value of your car is a bit more detailed than you might think. A specialist would have to take plenty of factors into consideration and only then determine how much you can borrow. Among the factors considered are:
Make And Model
There are high-end manufacturers that specialize in vehicles with pricier features and higher performance mechanics. If you have a luxury automobile, even the older models might still hold a high value.
Condition
Unfortunately, flaws in the condition of your car can affect the value of your vehicle. Dings, scratches, and stained interior – all these things will be taken into consideration when trying to get car title loans Wisconsin offers.
Mileage
Your car might be relatively new and in amazing condition. But if it has high mileage, the price may be going to go down. Numbers over 120,000 miles signalize that the owners would have to invest more into check-ups and overall maintenance.
Age
As soon as the manufacturer releases a new model, the previous vehicles become less desirable. However, the good news is that age is not the main factor that specialists consider. For example, if your ‘oldie’ is in great condition and has low mileage, it might be worth as much or, in some cases, even more, than a newer model with damage and higher mileage.
How Much Can You Get For Car Title Loans In Wisconsin?
In a nutshell, you can’t get more than your vehicle is actually worth.
According to the Federal Trade Commission, the average loan amount starts at $100 and gets up to $5,500. However, there are lenders that can offer you more. As mentioned above, at Wisconsin Auto Title Loans, Inc., we offer up to $15,000.
Once you have qualified for a title loan with us, you can continue to use your car as you wish while keeping the title with us.
Car Title Loans In Wisconsin – Who To Pick?
If you have ever tried searching for car title loans in Wisconsin, you already know that there are quite a few options for you to choose from.
So, how do you make the right decision?
As we have already mentioned, the maximum loan amount different lenders offer is different, with the average falling somewhere around $5,500. However, Wisconsin Auto Title Loans, Inc. will be able to lend you up to $15,000, depending on your car’s value.
And while some lenders don’t welcome bad credit, at Wisconsin Auto Title Loans, Inc., we welcome all credit, whether it’s good or bad.
How To Get Car Title Loans In Wisconsin
To get a car title loan, you should have a clear or lien-free car title. That means that the vehicle should not have outstanding loans or judgments against it. Also, remember that you must be at least 18 in order to qualify. Here is how to get started:
- You can choose to contact the store via phone by calling 800-514-2274 or fill in a convenient form online at Wisconsin Auto Title Loans, Inc. from the comfort of your home.
- A store representative is going to call you (in case you chose to get started online). The representative will answer any questions you have and tell you more about the process and required documents.
- Take your vehicle, a government-issued ID, and the lien-free title to your car and arrive at the store that you had chosen before (the chances are high that there is one only a short drive away from you).
- Once you arrive, let the representative go through your documents and evaluate your vehicle. Once they are done, you can find out the amount you qualify for.
- Once you complete the quick paperwork with the help of our representative, you will get your loan on the same day or the following day, depending on bank delays.
The whole process might take you as little as 30 minutes.
Submit An Online Form Today
How much can you get for car title loans in Wisconsin? The amount would depend on a wide range of factors. Starting with the value of your vehicle and ending with the lender that you have decided to work with.
Wisconsin Auto Title Loans, Inc., for example, has a maximum loan amount of $15,000 and is committed to helping you get the cash you need. Get started today by filling up and submitting our online form.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.