Does it cost money to apply for a car title loan?

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How Much Can You Get With a Car Title Loan

Contrary to some other financial institutions, Montana Capital will not charge fees when you apply for a title loan. Customers are not charged for applying for any type of loan with Montana Capital, let it be a car title loan, RV title loan, motorcycle title loan, etc. Montana Capital will even provide you with a FREE initial estimate on your vehicle and a quote after the application is completed. In addition, we will not charge any fees if you do not push ahead with the loan.

At no point in time are you obligated to take out the loan and as such, we will not charge fees for any work done before the contract is signed. If you choose to forgo the loan application, we do hope you keep us in mind if you wish to seek financial help in the future!

Seeking Financial Assistance

Life can be extremely unexpected, as evidenced by the recent events happening around the world. Seeking financial help can come as a shock to many people, especially if you’ve never done so before.

Asking for a loan shows financial responsibility and having a clear view of one’s financial situation. Let’s face it, most people in the US need a small loan every now and then but finding the right company to give you financial help can be daunting.

At Montana Capital, we believe our loan services can be great financial assistance to the majority of people facing a cash crunch. We deal with all kinds of financial circumstances and we want to tailor our loan to your specific financial needs.

Life can be extremely unexpected, as evidenced by the recent events happening around the world. Seeking financial help can come as a shock to many people, especially if you’ve never done so before.

Asking for a loan shows financial responsibility and having a clear view of one’s financial situation. Let’s face it, most people in the US need a small loan every now and then but finding the right company to give you financial help can be daunting.

At Montana Capital, we believe our loan services can be great financial assistance to the majority of people facing a cash crunch. We deal with all kinds of financial circumstances and we want to tailor our loan to your specific financial needs.

APPLY ONLINE

How can a title loan help me?

In recent years, title loans have become a popular option for people who seek financial help and can’t be necessarily approved for a traditional loan from a bank.

A title loan is essentially a short-term loan in which the borrower uses their vehicle, RV, motorcycle, commercial truck, or even boat as collateral on the loan in order to receive funds. To obtain a title loan, the borrower must own the vehicle and the title must be clear and free from liens.

  • A title loan is based on the remaining equity of the borrower’s vehicle. The current value of the vehicle is the equity.
  • A title loan is an example of a secured loan and as such, the lender will place a lien on the title for the duration of the loan. This means that you get to keep driving your vehicle as long as the payments are made on time.
  • The loan amount that Montana Capital will be able to offer you is based on two important factors: The equity of the vehicle as explained above and your ability to show you have the financial means to pay back the loan.

Title loans applications are easy, and the approval process is fast. Give us a call to get some more helpful information how a title loan can improve your financial standings.

How to Apply for a Title Loan

We believe our application process should be as simple and fast as possible. We’ve recently upgraded the application process to be even more efficient. The application process is completely free and requires only about 15 minutes of your time.

Unlike most traditional banks and credit unions, Montana Capital will not deny your application based solely on your credit score. If you have a low credit score or even no credit at all, we might still be able to assist you.

Remember, approval for a title loan is determined by the equity of your vehicle and your ability to repay the title loan!

To get started:

  • Call Montana Capital Car Title Loans at 888-700-8900! Our loan experts are waiting to help you out with whatever you need. We will walk you step by step throughout the entire loan application and process. If there’s anything you’re not sure of, we’re there to assist you.
  • Complete our online loan application. Through our online portal, you will be asked to provide your basic personal information and send in the required documents for approval. As always, we will be just a phone call away if you have any inquiries.

Requirements for a title loan may vary from state to state, but the basic requirements that are usually needed are:

  • Your vehicle’s title free from any and all liens: Very simply, the vehicle needs to be free from any liens from other financial institutions. However, if you have financed your vehicle with a financial institution, we might still be able to approve you for a title loan. Give us a call to find out how!
  • A valid and current proof of income: You must show you have the ability to repay the loan. This can be income stubs, social security income etc.
  • A government issued ID: Your ID must be government issued and valid.
  • Vehicle insurance: Vehicle insurance may be required depending on different factors.

Additional documents may be needed from time to time based on various factors such as the state and the loan amount. Once we have all your information our loan officers will submit your application for approval. It’s as simple as that!

Getting a Title Loan with Montana Capital

Give us a call today to speak to a loan expert about applying for a title loan. With this newly acquired knowledge of how title loans work and how to be approved for a title loan, we hope you are able to make a smarter financial choice that fits your personal needs.

Our loan experts will be happy to answer any questions you have if you are still not sure about any title loans related topics. What are you waiting for? We are waiting for your call!

APPLY ONLINE

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© Copyright 2021 Montana Capital Car Title Loans®. All Rights Reserved

Applications submitted on this website may be originated by Montana Capital Car Title Loans® or by one of our lending partners.

The use of high-interest loans services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

The credit decision on your application may be based in whole or in part on information obtained from a national database including, but not limited to, TransUnion, Equifax, LexisNexis or FactorTrust, Inc. Montana Capital Car Title Loans® has no control over other lenders’ interest rates or payments, which may vary by consumer.

Car Title loan amounts and products not available in all states.

Applicants must be at least 18 years of age. 19 in Alabama.

In California loans made or arranged pursuant to a California Financing Law License #603F508 Montana Capital Bad Credit Loans (Simple Cash Loans Inc., DBA)
In Arizona loans are made pursuant to an Arizona Department of Financial Institutions Sales Finance Company License and/or to an Arizona Department of Financial Institutions Consumer Lender License.                                                                In Missouri our lending partners registered with the Missouri Division of Finance.
In Ohio loans are made pursuant to an Ohio Mortgage Loan Act Certificate of Registration.
In South Carolina our lending partners are licensed by the State of South Carolina, Board of Financial Institutions, Consumer Finance Division.
Tennessee: The State of Tennessee requires a minimum principal reduction. In order to comply with the minimum state-required principal reduction, some of our lending partners require that minimum payments include a principal reduction of 2% or $2.50 for Customers who get paid bi-weekly/twice-a-month, or 4% or $5 for Customers who get paid monthly, whichever is greater.

In Texas loans are made pursuant to a Regulated Lender License.
In Utah our lending partners are licensed by the state of Utah, Department of Financial Institution.
In Virginia our lending partners licensed by the Virginia State Corporation Commission

NOTICE: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is the Consumer Financial Protection Bureau, 1700 G Street NW, Washington DC 20006 and the Federal Trade Commission, Equal Credit Opportunity, Washington DC 20580.

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