Milwaukee Low-Income Loans Options For Bad Credit Borrowers

February 11, 2022 | Emma Frost

milwaukee low income loans

If your credit score isn’t the most perfect and you’re looking for Milwaukee low-income loans, you may already know that getting a money loan from a traditional bank isn’t so easy. Banks often require a lot of paperwork and a great credit score to approve someone for a loan.

However, the inability to access Milwaukee low-income loans from a bank doesn’t mean that you have no options. There are actually loan types that you can access in Wisconsin.

We prepared this guide to show you one type of Milwaukee low-income loan that is suitable for individuals with a low credit score.

Milwaukee Low-Income Loans For Bad Credit Borrowers

One of your options for getting Milwaukee low-income loans for bad credit borrowers is Wisconsin title loans. Title loans are not dependent on your income, nor are they dependent on your credit score. As a result, you can still get the money you need with a title loan, even if you have a low income or a low credit score.

The reason for this is that title loans use your vehicle’s title as collateral. This use of collateral makes title loans defined as secure loans, which don’t need a high credit score.

On top of that, as you pay off your title loan, you will still get to use your vehicle as usual. Once the loan is paid off completely, the lien placed on your title will be removed, making it yours entirely once again.

That’s why title loans in Wisconsin work as an option when you’re looking for Milwaukee low-income loans.

Do I Need Proof Of Income To Qualify For Title Loans?

While it can be near impossible to get a loan from a traditional loan if you have no proof of income, this is not the case for title loans. Given that the title is used as the collateral for this loan type, providing proof of income is not a requirement for title loans from Wisconsin Auto Title Loans, Inc. That’s why you will not even be asked to prove your income since it is not a deciding factor in the loan process.

can i qualify with a low credit score?

Can I Apply for Title Loans Even If I Have Bad Credit?

All credit types are welcome to apply for title loans from Wisconsin Auto Title Loans, Inc. Even if you have bad credit or no credit, you can still qualify for title loans and get the money you need quickly. Having a good credit score certainly won’t hurt you, but it won’t necessarily help you either.

What Do I Need To Qualify For Title Loans?

Given that you do not have to prove your income or have a great credit score to qualify for online title loans in Milwaukee, WI, you might be curious about what exactly is required from this loan type. To qualify for title loans from Wisconsin Auto Title Loans, Inc., you need three things:

  • Driver’s license or state-issued ID.
  • Lien-free title to your vehicle.
  • Your vehicle for inspection.

A driver’s license is a standard requirement. It is used to confirm your identity. You will be asked to prove your identity regardless of what loan type you apply for.

The lien-free title and vehicle are specific requirements for title loans. A lien-free title is one that is in your name and has no debts against it, meaning that you own it outright. The matching vehicle is required so that it can be inspected to determine how much you qualify for. If you have these three things, you have a chance at qualifying for title loans.

Can I Apply For Title Loans Online?

Starting the process for title loans in Wisconsin is made simpler due to the fact that you can do it online.

Wisconsin Auto Title Loans, Inc. offers title loans that you can start the process for online from the comfort of your home or in person at any of our stores. Both options are safe, convenient, and fast.

How Do I Get Started?

To get started, all you need to do is to fill out and submit an online title loan form. This inquiry form will use your address to match you with the closest Milwaukee location. Once you submit this form, a loan representative from that location will call you, answer any questions you have about getting a title loan, and walk you through the rest of the process.

The in-person meeting can take as little as 30 minutes at a location of your choice, allowing you to get the money you need from your title loan as soon as the same day or the next business day.

title loans in milwaukee

Qualify For A Title Loan Online Today!

If you’re looking for simple Milwaukee low-income loans, you may find a title loan to be an option that works for you.

You can begin the process now by filling out and submitting the online form for Wisconsin title loans and one of our loan representatives will call you to guide you through the rest of the process.