Getting Your First Title Loan? Here Is What To Do

November 19, 2021 | Mason Roberts

getting first title loan

Are you in the process of considering getting your first title loan online? Well, there are a few things that are useful to do throughout the process. That’s why we are here to walk you through the exact process that Wisconsin Auto Title Loans, Inc. uses when issuing title loans. 

The Title Loan Process At Wisconsin Auto Title Loans, Inc.

Step 1: Understand What A Title Loan Is

Since this is your first title loan, it is important that you do a little bit of research into what a title loan entails and what they are used for.

Generally speaking, a title loan will be used to cover emergency expenses that cannot wait until your next paycheck. For example, medical bills or urgent repair costs.

A title loan will be a secured loan against your vehicle's title. This means that you need to have a lien-free title with no outstanding charges, including vehicle financing, on the title. But you don’t need to worry about accessing your car since you will be able to continue to drive your vehicle for the duration of the title loan.

Step 2: Gather All Required Documents

One thing that often surprises people when going for their first title loan is the fact that they really do not need that many documents. You just need two plus the vehicle.

It is worth gathering these in advance as it can speed up the application process:

  • A government-issued ID. Your driver's license is the easiest option here. We can also accept other government-issued photo IDs.
  • The lien-free title to your vehicle.

fill in the title loan form

Step 3: Fill In An Inquiry Form

Once you are ready to start the process to get your first title loan, you will need to fill in an inquiry form to get a title loan online.

Since we know that people are quite busy, we have ensured that the inquiry form is as simple to fill in as possible. We will only ask for some basic information, and you can probably get all of it included within a couple of minutes.

Step 4: Wait For A Phone Call

One of our loan representatives at your local Wisconsin Auto Title Loans, Inc. will review your information and give you a call after a few minutes.

Our job is to help ensure that you have the documents needed for your first title loan. We will also provide you with further instructions to continue the process.

Step 5: Meet Us For A Vehicle Inspection

You can either meet us at your local Wisconsin Auto Title Loans, Inc. location or at any other location of your choice, including your home.

During the meeting, you will have your vehicle inspected and documents reviewed. Our job with the review is to make sure that you qualify and with the inspection is to check how much your vehicle is worth. This allows us to determine how much cash we can loan you.

Step 6: Sign Your Loan Agreement

If you are qualified and the value of your vehicle has been determined, we can move to the final step. You can sign a few forms to finish the process and if you have any questions, feel free to ask our team. 

receive the title loan cash

Step 7: Receive Your Money 

If you have a checking account, you will receive your money within one business day. In most cases, you should receive your loan money on the same day.

If you do not have a checking account, then we have alternative methods for providing you with the money.

Qualify For Your First Title Loan Today

The main reason why people see Wisconsin Auto Title Loans, Inc. as an option is due to how fast our loan process is.

And since we have no requirements for income, we have also been a choice for those that are currently unemployed or are receiving benefits.

We also welcome potential clients who have below-average or poor credit scores. This is because we are able to welcome people from all credit histories, meaning a few late payments on your account may not be an issue.

Of course, the fact that we have Wisconsin Auto Title Loans, Inc. locations throughout the state also makes the process a lot more convenient. You are never too far from us!

Inquire About A Title Loan Today

If you are looking for your first title loan, Wisconsin Auto Title Loans, Inc. could be an option worth working with. We have made the inquiry process quick and easy. Get started by filling in the inquiry form for an instant online title loan.