How Do I Ruin My Chances Of Getting Online Title Pawns?

You’re probably thinking of getting online title pawns if you’re going through an emergency that you can’t financially handle on your own. Before getting started with the process, there are a few title loan approval tips you should understand, as there are mistakes you can make that can ruin your chances of getting an online title loan.

In this guide from Wisconsin Auto Title Loans, Inc., we will explain seven mistakes you can make that can affect your title pawn approval. Avoid these title loan mistakes to make the process of getting approved for emergency cash that much easier.

Top 7 Mistakes That Can Affect Getting Approved For Online Title Pawns

Before anything else, we here at Wisconsin Auto Title Loans, Inc. want to make sure you understand that approval is never a guarantee. You must meet our requirements to get approved. Part of meeting our requirements is avoiding title pawn mistakes that can disqualify you from loan approval. Prepare before starting the online title pawn approval process by learning about mistakes you should avoid.

The following are seven mistakes to avoid when pursuing an online title pawn:

1. Your Car Title Is Not Lien-Free

A title pawn is an emergency cash loan available to those who have fully paid off their vehicles. Someone with a lien-free car title free of outstanding liens or judgments can use it as collateral for an online title pawn. Before beginning the title loan approval process, you must ensure your title is lien-free.

If there’s a lien on your car title, then you won’t be able to get a title pawn from us. When you get a title pawn– or title loan – from us, we place a lien on your vehicle’s title until you repay us. We can’t do this if your title already has a lien. Make sure to pay off any outstanding liens on your vehicle before getting a title pawn.

2. The Car Title Is Not In Your Name

Another mistake to avoid with online title pawns is using a car title that is not in your name. You can have a car title in someone else’s name if you got a car as a gift from a relative or you bought it from a third-party seller. Getting a Wisconsin title loan involves needing a lien-free car title in your name.

If your car title is not in your name, you can go to a local DMV office to change that. You can fill out the necessary paperwork and pay the fees to change the name on the vehicle title to your name. Only after doing that can you get approved for an online title loan in Wisconsin.

3. You Do Not Meet The Age Requirement

In Wisconsin, the law states that borrowers for emergency cash loans must be over 18 years old. This is to prevent someone too young to handle the responsibility of getting an online title loan. There are downsides to title pawns, especially when someone cannot pay back the loan provider.

A mistake to avoid when getting title pawns in Wisconsin is to try to start the process before you meet the age requirement. At Wisconsin Auto Title Loans, Inc., we will not allow borrowers under the age of 18 to get approved, no matter the circumstances. Underage borrowers cannot co-sign for a Wisconsin title pawn either. You must wait until you turn 18 to begin the online title pawn process.

4. You Do Not Have All Of The Required Items

If your required items are not ready, there is no way we can get you through the process. These items allow us to determine if you qualify for approval. The good thing is, when you come to Wisconsin Auto Title Loans, Inc., you only need three items to find out if you qualify for approval.

The following are the required items you need for online title pawn approval:

• Your driver’s license or other state-issued photo ID
• A lien-free car title in your name
• Your vehicle for a quick inspection

All borrowers must be able to show these three items to a loan representative for title loan verification. Avoid starting the title loan process without having one of these items. Before starting the process online, gather these items to ensure you have them and to avoid delays down the line if you can’t find one of them.

5. Your Vehicle Is Not In Working Condition

Another way to ruin your chances of getting an online title loan is if your vehicle is not in working condition. Your vehicle is not the collateral; it is the car title. However, we use your vehicle to determine loan value if we decide you qualify for approval.

When we inspect your vehicle, we look at its overall condition and resale value. This is why we have to inspect it before making any decisions. If you try to use a car that is not in working condition, you won’t be able to get approved for a Wisconsin title loan because the car has no value. Make sure you use a car that works and has value before beginning the online title pawn process.

6. Lying On The Online Form

During the online title pawn process, you will have to fill out our online form to provide basic information, such as your name, contact information, zip code, and vehicle information. It’s vital that you avoid lying on this form, as you will not qualify if we find out that you lied.

People may try to lie about something like their age if they don’t meet the age requirement. However, the truth always comes out, and you will not get approved for Wisconsin title pawns if you lie on your application. This is also considered fraud, and you could face legal discipline.

7. You Don’t Understand The Wisconsin Title Pawn Approval Process

The last way you can ruin your chances of getting online title loans is not knowing how the process works. Before you get any kind of loan, you need to know what to expect with the process because you don’t want to get into something unexpected. If you do, you could run into something you were unprepared for, and that could halt the process entirely.

You must understand how to get online title pawns at Wisconsin Auto Title Loans, Inc. before you begin to avoid mistakes that can ruin your chances of getting approved. Before beginning the approval process, take your time to learn the steps involved to avoid title loan mistakes.

The following are the steps involved in the Wisconsin Auto Title Loans, Inc. title pawn approval process:

• Fill out the online form on our website
• Speak to a loan representative over the phone
• Agree on a location for the in-person meeting, such as your home or office
• Bring the required items to the meeting for verification
• Allow the loan rep to assess the value of your vehicle
• If approved, sign title pawn documents
• Receive your emergency funds the same day or the next business day

Get An Online Title Pawn With Wisconsin Auto Title Loans, Inc. Today!

Avoid the title loan mistakes mentioned above to prevent getting rejected during the approval process. An online title pawn is an easy way to access emergency cash during a financial crisis, so make sure you understand how to handle the process to get the urgent funds you need.

Wisconsin Auto Title Loans, Inc. is here to help those who need emergency cash through an online title pawn. You can start the quick and easy process with us today by filling out our online inquiry form. One of our loan associates will call you to discuss your next steps in getting approved for a Wisconsin title pawn.

 

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