Handling An Emergency During The Holidays With A Title Loan

The holidays are here, and that often means you're spending more money than usual. So, what happens when unexpected expenses pop up on you? A title loan with Wisconsin Auto Title Loans, Inc. can help you handle any extra expense that should arise during the holidays. You can use the clear title to your vehicle to put up as collateral to get this kind of loan. Keep reading to find out how a title loan can help you handle an emergency during the holidays.

How Does A Title Loan Help With Emergencies?

Understanding how a title loan works to help with emergencies is easy! We've worked hard to develop a process that's simple and fast so that you can see how this loan will help ease the burden of having sudden expenses pop up. We understand how stressful it is when you're trying to cover your bills and the gifts on your Christmas list and you get slammed with a financial emergency. This is why we want to make things simple.

This loan can help you by getting you the money you need quickly and easily. At Wisconsin Auto Title Loans, Inc., you can stop by one of our 20 store locations across the state to start the process, or you can start your inquiry online. If you fill out the online form, You'll speak to one of our representatives about getting through the process. From there, it’s just a few steps before you find out if you can get this loan and how much we can lend to you.

What Are The Required Items To Qualify?

The first required item is your proof of identification. You'll need to bring your state-issued photo ID or your driver's license when you meet with an in-person agent. This is proof of who you are, but also shows you are at least 18 years old because we can’t give this loan to minors. You also must have the clear title to your vehicle to present to the agent as the collateral. A clear title is free of any other liens. You can't borrow against a vehicle that you owe money to someone else for.

The title must be in your name, as well. You can't use a title that's been signed over to you by the previous owner. If it's not in your name, you'll need to contact your DMV to have it officially transferred to you. Finally, you must have the vehicle you own outright in your possession so we can perform a brief inspection of it. We will look for the condition of the vehicle and use that, along with the make, model, and age, to determine the value of your car. Your approval amount is based on the valuation.

How Much Can I Borrow?

Title loans are good for when you need a little more cash than just a few hundred bucks. Since this is a collateral-style loan, we are able to let you borrow more than what's allowed on a short-term loan not backed by an asset. That being said, the maximum amount you can get for a title loan with us is $15,000. But before you proceed, you should know you won’t automatically get this amount. You can get any amount up to this number. We decide how much you can get based on your car’s condition.

Can I Keep My Vehicle?

The good thing is you will keep your vehicle throughout the duration of the loan if you are approved. We're not looking to take your vehicle, we are just using your vehicle’s lien-free title as the collateral. We just use the vehicle as the backup to payments in case you're not able to pay the loan back. You can continue to drive your car like normal. You just can't transfer the title to anyone else, such as in a sale to another party and you can't take out any other loans against the title while we have it.

How Long Does The Approval Take?

We know you need extra cash fast to handle financial emergencies, this is why we don’t make you wait too long to find out if you are approved for this loan. You can have the entire process completed within a half hour from the time you meet with the representative either at the nearest Wisconsin store or at another location of your choosing. We strive to keep things simple and short. And if we decide you qualify, you could have your cash later that same day or the next bank business day. 

Get The Title Loan You Need Right Away

Don't let financial emergencies put a black cloud during the holidays. There's no need to stress about money when you can get a title loan to help you out. If you own your vehicle outright, we can help you find out if you can get this loan quickly. So go to our website and fill out the short inquiry to allow us to give you a call and help you get through the process to see if you qualify for 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.