Online Title Loans In Wisconsin: Get Same-Day Cash Without Losing Your Car

Those seeking online title loans in Wisconsin may want to consider a reputable company like Wisconsin Auto Title Loans, Inc. With us, you can continue to use your car while repaying, and you may still qualify even with a poor credit score.

Below, you'll find the answers to some of the most common questions about this borrowing option, helping you decide whether a title loan is the right choice for you. Discover how to use your car’s title as collateral to borrow money while keeping your vehicle.

Do You Need To Give Up Your Car For Title Loans In Wisconsin?

A title loan is a secured loan option allowing you to borrow up to $15,000 based on your car’s value. You must have fully paid off your car, truck, or van to get approved. You will use your lien-free vehicle title as collateral to secure the loan, not your car.

For that reason, you get to keep your car when you get online title loans in Wisconsin. We do not ask borrowers to leave their cars with us, allowing you to continue to commute to work, school, the store, and other locations while repaying your loan. As long as you pay back your car title loan on schedule, you are not in danger of losing your vehicle.

Keep Driving Your Car With A Title Loan In Wisconsin By Making Payments

While we do not require you to leave your car with us, there are scenarios where you can lose your car. If you fail to make your repayments and default on your loan by missing payments for 30-90 days, we may seize your car to recoup the value of your title loan. That’s why it’s essential to borrow responsibly to continue driving your car after obtaining a title loan in Wisconsin.

Follow these tips for help with borrowing a title loan responsibly:

• Never borrow more than what you actually need - Know exactly what you need the money for and how much is required to handle your emergency. Title loans offer quick access to up to $15,000. However, even if you qualify for the maximum amount, it doesn't mean you should take the entire sum. Let the lender know you're willing to settle for a smaller amount, receive the money, and quickly cover your urgent bills.
• Make sure that your total debt amount is reasonable - It goes without saying that you should be able to afford your debt payments. However, figuring out the maximum amount of debt you can pay can sometimes be tricky. If you're unsure what a reasonable sum is, try following the 28/36 rule. This rule states that no more than 36% of your household’s gross monthly income should go toward housing, and no more than 36%—combined for housing and other debts. If taking out a title loan would cause this percentage to skyrocket, you might want to consider other options, as paying off what you owe could become a significant problem.
• Prepare your repayment plan before borrowing – Before getting the money from a title loan for your emergency, you should know that you can afford repayment. Create a plan for how to pay back the full amount within 30 days. Program repayment into your budget and start cutting costs to ensure you can afford it.
• Always keep in touch with your lender - If you feel like you’re starting to fall behind on your payments, the worst thing that you can do is not tell your lender anything. Always keep the professional updated about your financial situation and ensure that the expert is aware that you are willing to repay.

If you bear these tips in mind, you’ll get to keep driving a car with a title loan in Wisconsin without any issues.

Can You Get Same-Day Title Loans In Wisconsin?

We often assume that obtaining a loan takes days or even weeks. Traditional bank loans often do require that much time. You may need to wait a few days to find out if you're approved, and if you are, the funds may not be deposited into your account for approximately one week or more.

With same-day title loans in Wisconsin, it’s a whole different story. In fact, you might end up getting the much-needed cash the day you apply. Just ensure that all your documents are accurate and that you start the process as early as possible (in some cases, loans processed before 12 PM will be funded the same day).

If you attend the in-person meeting well-prepared, the process will take the minimum amount of time, and the chances of receiving the loan amount the same day will automatically increase. By the way, even if you don’t get the cash the day of the application, you will usually receive the money the following business day. You wouldn’t have to wait for long in any case!

How Much Can You Borrow With Wisconsin Title Loans?

The maximum amount you can borrow with title loans is $15,000. The amount you will be offered would depend entirely on the value and condition of your vehicle. The value will be determined during the in-person vehicle inspection.

Most lenders are willing to consider different models, makes, and years of vehicles as long as the car isn't in very poor condition or badly damaged. By the way, most companies can offer up to 50% of the vehicle’s market value.

Though you might be able to discover the exact amount you qualify for in only 30 minutes, you can find out a rough estimate beforehand so that you know what to expect. To get an approximate sum, simply visit the Kelley Blue Book website and enter a few details about your vehicle.

Required Items For Title Loans In Wisconsin

As long as you meet our requirements, you should be able to get approved for a title loan. We only require a few items to verify your identity, age, full ownership of your vehicle, and car value. You should be able to find these items in your home easily.

Here are the required items for Wisconsin title loans:

• A driver’s license or state-issued photo ID that displays your full name and age
• A lien-free vehicle title in your name
• Your vehicle for a quick inspection

Remember, you must be 18 years old to get approved for title loans. If you are and have the required items, you can proceed with our simple, speedy approval process.

A Step-by-Step Guide To Taking Out A Title Loan

If you decide to go for a loan offered by Wisconsin Auto Title Loans, Inc., the whole process will be a breeze. In fact, there are just a few simple steps lying between you and the much-needed financial boost. You can start today and get approved in person in less than 30 minutes.

Here is the approval process for title loans in Wisconsin:

1. Let us know that you’re interested by filling out a short inquiry form. You will need to provide your full name, zip code, email address, phone number, and vehicle year, make, and model. Your basic information will be sent to the closest store location, and one of our representatives will contact you by phone shortly.
2. Talk to our expert to find out more about the process. The professional will guide you through the process and explain the items you need to bring to the in-person meeting. This is also your chance to ask questions about title loans to clear up any confusion.
3. Bring your required items to the nearest Wisconsin store location and give the verification agent some time to verify your documents and inspect the vehicle. This might take only 30 minutes.
4. Take care of the final papers and find out how you can receive your extra cash. You will get the money later that day or by the next business day.

Get Approved for Title Loans In Wisconsin – Borrow Money And Keep Your Car

Need fast emergency cash? Wisconsin Auto Title Loans, Inc. can help with our title loans that let you keep your car. Get approved for up to $15,000 today without sacrificing your car – all credit types accepted. If you can’t afford to waste any more time, make the first step right now! Fill out the online title loan form, and we’ll be more than happy to contact you and help you get this new journey started.

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