Same-Day Solutions With Title Loan Lenders Near West Allis, WI
Your search for title loan lenders near West Allis ends here, now that you can get your same-day finance solutions from Wisconsin Auto Title Loans, Inc. Whatever your situation is, you’ve come to the right place to get fast cash when you need it most.
The same-day solutions you can find here are title loans and installment loans. Title loans let you borrow money using your lien-free car title as collateral. If you don’t own a car, an installment loan could be the solution you need!
The following sections of this article will show you everything you need to know about these same-day options. Once you read to the end, you’ll know which will suit your needs the best!
How Can You Get Same-Day Emergency Money?
When you’re faced with an urgent payment that simply cannot wait, you’ll want to know how to get emergency money fast, preferably on the same day.
You may already know that there are several options you can choose from. Among them, the two finance options that can help you significantly are title loans and installment loans.
Both of these options are similar in that they have very few qualification requirements. On top of that, the application processes for both of them are straightforward and take very little time to complete.
Still, each one works slightly differently from the other. That’s why you’ll want to learn how they work before deciding which one is best for your situation.
Here’s how title loans and installment loans work as same-day finance solutions:
Option A: Title Loans
A title loan is a helpful option if you own a vehicle outright. That’s because this finance option allows you to borrow up to $15,000 using your car title as collateral to secure the loan.
The amount you could qualify to borrow will partially depend on your car’s value. So, even though you’re using the title as collateral, you must still bring the vehicle in for a quick inspection.
Afterward, you’ll get to drive that car home and keep it even if your application is approved.
Option B: Installment Loans
Suppose you don’t fully own a vehicle or have a title in your name. An alternative option you can apply for is an installment loan.
This option lets you borrow anywhere from $100 to $1,500 in a lump sum, which you can then pay back in installments, hence the name.
These are unsecured loans, which means that you won’t have to provide any collateral like you would with title loans
How Do You Qualify For These Same-Day Loans?
You can qualify for both title loans and installment loans pretty easily.
Here’s what you need to qualify for a title loan:
- Age: You must be at least 18 years old to apply for a loan.
- Identification: To apply, you must have a valid driver’s license or another state-issued photo ID.
- Title: Of course, you must have your car title as well. More specifically, that title must be registered in your name and lien-free. That means it must not have any outstanding judgments or loans against it.
- Car: Lastly, you must bring your vehicle for a physical inspection. This requirement is only necessary for the application stage, so you can take the car home once you’re done.
The requirements for an installment loan have some similarities to those of title loans, as you’ll see below:
- Age: You’ll also need to be at least 18 years old to apply for this loan type.
- Identification: Similarly, you’ll need either your driver’s license or another state-issued ID to apply.
- Checking account: Instead of a title, you’ll need an active checking account registered in your name to apply for an installment loan. So, bring the statement from that account to complete your application.
- Proof of income: Lastly, you’ll also need to bring your latest pay stub as proof of income. This document will help determine how much you qualify to borrow.
As you can see, both types of loans have very few requirements you have to meet. It shouldn’t take long for you to gather the required documents to complete your application!
Can You Qualify For These Solutions With Bad Credit?
Yes, you can apply for title and installment loans even if you have bad credit. So, don’t worry!
Get Your Same-Day Solution Now!
You can stop looking for title loan lenders near West Allis with same-day finance solutions now that you’ve found Wisconsin Auto Title Loans, Inc. Get in touch right now to apply for your title loan or installment loan quickly!
First, fill out the convenient online inquiry form with your basic details. Soon after you send it in, a loan representative will call your number and discuss your needs. Then, they’ll walk you through the process until you complete your application!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.