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Home > How to Increase the amount of a car title loan

How to Increase the amount of a car title loan

How much cash can i get

Find out now. It's fast, secure & free!

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Getting More Money

How it works

Yes, it is possible to increase the title loan amount. The process is called refinancing. In simple terms, refinancing is the replacement of an existing loan with a new loan, usually with a higher amount.

There’s no limit to the number of times you can refinance your loan. With most lenders, qualifying for a refinance depends on two important things: Your vehicle’s value and your ability to show you can repay back the title loan.

Title Loans amounts usually range from $2,500 to $50,000, depending on your vehicle’s remaining equity. It’s important to consider that most lenders will require you to make at least a couple of payments on the loan in order to qualify for a refinance. At Montana Capital, we also recommend to only take out the minimum amount that you need, to avoid paying more money back.

Can I use my refinanced loan for any purpose?

Qualifying for a title loan is easy, and a refinance is no different. No wonder more and more people choose title loans over traditional loans. Many people are approved and receive money on the same day. You can also pay-off the loan anytime and you will not be charged any extra fees!

A title loan is a great way to get some emergency funds to cover an emergency expense. But, most people also use title loans for other things:

  • Business expense.
  • Car Repair.
  • Credit Card Payments.
  • Rent Payments.
  • Electrical Bills.
  • Medical Bills.
  • Holiday expenses.
  • School or College.
  • Any other reason you need fast cash!

What types of title loans does Montana Capital offer?

When life comes at you fast, it’s important to have financial options. That’s the main advantage of a title loan with Montana Capital; The process can be completed fast and with no headaches. While car title loans are the most common type of title loans, we offer many different types of title loans:

  • Car Title Loans. Car title loans are the most common type of title loans. As with other title loans, your vehicle will serve as collateral on the loan, and you get to keep driving your vehicle for the duration of the loan.
  • Commercial Truck Title Loans. Commercial Trucks are the newest types of title loans that Montana Capital offers. The process of qualifying for a commercial truck title loan is the same as for a car title loan!
  • Motorcycle Title Loans. You might be surprised but you also get a title loan on your two-wheel vehicle. If you own a motorcycle, you can use your title to obtain a motorcycle title loan!
  • RV Title Loans. RVs, or a Recreational Vehicles, is a motor vehicle or trailer which includes living quarters designed for full or part-time living. Montana Capital is one of only several lenders that offers title loans on RV’s!
  • Boat Title Loans. Boat title loans are one of the most popular ways to obtain some funds if you need emergency cash. As long as you own the title to the boat, you may qualify for a boat tile loan!

How Can I Refinance My Title Loan with Montana Capital?

Refinancing your loan with Montana Capital is easy as pie! If you already have a loan with us, the approval process should be quick. We just need to make sure you are still able to payoff the loan and that you have a steady stream of income. Montana Capital deals with thousands of refinance applications every year, and we are always ready to help.

The amount of money you can refinance your loan for will be determined by the remaining equity on your vehicle.

Once we give you your free quote and you accept the amount, you will need to send us some required documents, including:

  • The title to your vehicle or boat
  • Proof of income
  • Government issued ID
  • Proof of Residency
  • Vehicle Insurance (if required)
  • Established Residency
  • Additional Documents may be needed

At Montana Capital, we want to make sure the process is done as fast as possible, so you can take care of more important things in your life. Making sure you have all the necessary documents ahead of time can go a long way in getting you approved more quickly for a refinance. If you’re not sure of something, Give Montana Capital a call!

Apply for A Title Loan Today

Call us today at (888) 700-8900 to start your refinance application today! We are standing by, waiting for your call.

You can also start the application process online through our secure website right here. We are available to help you should you have any questions about the online title loans application!

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