Downtown Title Loans
When you are faced with unexpected financial obligations and in need of fast cash, you can rely on DC Title Loans to get you the funding you need to take back control of your finances. We will customize a title loan based on your budget and lifestyle so that we can ensure the payments are as comfortable for you as possible.
What Is A Car Title Loan?
A car title loan is a loan that uses your vehicle as collateral. This type of loan is great because it doesn’t use your credit score as an approval factor. This means that you can get qualified no matter how bad your financial history is. The amount of your loan is based on your ability to repay the loan as well as the value of your vehicle.
Common Questions
Here are the questions that we get asked most frequently. If you have more questions or concerns please give us a call today, we would love to help you.
Downtown Title Loan Requirements
In order to get a title loan, you will need to meet a few requirements. The requirements include you being at least 18 years old, being the owner of the vehicle, and making at least $1,500 per month. The vehicle’s title also needs to be lien-free before we can approve you.
Do I Have To Have Good Credit?
No, we do not use your credit score as a determining factor in whether or not to approve you for a title loan or not. Instead, we look at your current ability to repay the loan and the market value of your vehicle.
How Long Does It Take To Get My Money?
You can get the money you need in under 24 hours when you apply for a title loan today. Our application process only takes a few minutes to complete and we will preapprove you for a loan amount in under 15 minutes.
Can I Drive My Vehicle?
Yes, you can still drive your vehicle just like normal while you are making payments on your loan. We will just hold onto your vehicle’s title until the loan is completely paid off.
What Paperwork Do I Need To Submit?
In order to get approved for a title loan, we will need you to submit a few documents that we will use to customize a loan around your individual budget and lifestyle. This paperwork includes your photo ID, proof of insurance, income, and residency, as well as your vehicle’s title and registration.
How Much Money Can I Borrow?
The amount of money you qualify for depends on the value of your vehicle. This is calculated by looking at different aspects of your vehicle like it’s mileage, make, model, age, and condition.
Apply Today, Get Cash Tomorrow
Local residents in need of fast cash can get access to the money they need in under 24 hours when they apply for a title loan today. You can apply by filling out our online application form or by giving us a call now.