Car Title Loans in Pocatello: A Quick Solution to Monetary Concerns
You’re considering getting a car title loan because you’re currently in a tight spot, aren’t you?
Well, have no fear, people. If you’re in Idaho, you can get car title loans in Pocatello.
We’ll show you how to get such cash loans in just 6 EASY steps! We’re also here to mention what you’ll get from it.
Make sure to pay attention to everything because you wouldn’t want to regret any actions at all!
Why Are We Encouraging You to Get an Auto Title Loan?
To start, the MAIN reason you would want to pick auto title loans (or pink slip loans) in the midst of a money crisis is that it is possible to get your requested money in Pocatello with no days of waiting!
Now you see why most people with emergency cash needs often reach for title loans.
But other than that, it is also because of the following benefits…
- You can STILL drive your vehicle even while you’re paying the title loans.
- A lender can be understanding regarding your situation (example: problems with documents, vehicle condition, payment issues).
- It is possible to get car title loans completely online.
- It doesn’t matter if the money is for household purposes or other things.
How Do I Obtain a Car Title Loan in Pocatello, Idaho?
We have laid down the procedures for obtaining a car loan in Pocatello, Idaho. Your very first step would be to prepare these documents.
Preparation
To get title loans, the lender will typically search for…
- Valid ID (such as Pocatello ID, Driver’s license, or passport)
- Owned vehicle
- Vehicle title (must be lien-free)
- Any proof that you can pay car title loans (such as employment status or bank statements)
There are still more documents you might need to bring. Some lenders have different requirements, after all. Or you can use them as a backup if what you presented isn’t somehow valid.
Better be prepared than going to your lender back and forth:
- Copies of car keys
- Car insurance
- Photos of the vehicle
- Vehicle registration under your name
- Credit and bank account information
- Proof of Idaho residence (such as utility bill or mails with your name on it)
- References (with their mobile number and house address)
Apart from that, you should also be aware that some lenders MAY install a GPS tracker in your car while you are under a loan contract.
About what is not allowed, well…
- Anyone aged 17 or below is not allowed to get car title loans.
- You CANNOT get auto title loans from the same vehicle simultaneously.
- You are NOT ALLOWED to borrow money that exceeds the retail value of your car.
Application Process
The application process in Pocatello is as easy as pie. Some lenders in Pocatello can actually hand in your requested loan amounts in just as short as 20 minutes or less. What you will only have to do is…
1.) Search For a Lender
- Montana Capital Car Title Loans is a highly recommended loan agency in Pocatello.
2.) Submit the Filled Out Application Form and Other Required Documents
This is a rather simple step. Just answer every personal information asked. But take note of your car details too such as:
- Make
- Model
- Style
- Mileage
- Year
- Vehicle identification number (VIN)
- License plate number
You can submit it then, along with the other required documents afterward.
Also, we want to highlight that lending your car title (and the copy of car keys) will also be a part of the loan process.
But don’t worry!
You will get it back once you are done repaying the remaining loan amounts.
3.) Standby For the Approval
Of course, lenders will have to review your application first before you get approval. They have to ensure people will have no problem repaying for car title loans.
Inspecting the car itself (and possibly) your credit score history will also fall in this step.
4.) Double-Check the Terms and Conditions Before Applying for the Loan
You are almost done with the loan process. All you need to do is get to know how and when you will hand the money back.
The do-and-don’ts that lenders require.
Don’t forget about the other stuff that goes on in the entire loan period.
5.) Get Your Money
And there it is! The money amount you’ve requested, which again, you can spend anywhere you want.
You can pick up the title loans at the store itself, have them delivered to your doorstep or request for a direct deposit into your bank account.
6.) Pay the Title Loans
This is when your loan proceeds to become something you have to pay for eventually.
Again, how and when you pay the loan depends on the lender. But you are always welcome to discuss another way that is both convenient to you and the lenders.
More Questions?
Are Car Title Loans Legal in Pocatello?
YES! Title loans are legal in Idaho.
The state has capped loan terms. And they also regulate what the title lenders can ONLY do. It is safe to borrow money as long as the lenders are abiding by the law.
How Much Money Can I Borrow With Title Loans?
What we honestly like in Pocatello is that the maximum loan you can get there is $50,000. And it is for real! Idaho actually supervised it. The minimum loan goes for AT LEAST $100.
Am I Still Qualified Even if I Have a Bad Credit Score?
It is not impossible to get title loans in Pocatello, even if you have a negative credit story.
Yes, you will still have greater chances of getting loans if you have positive credit.
That way, you can prove you can pay the loan. But if you have another way to prove that ability (example: proof of income), then lenders will give you an OK signal.
It still depends on what the lender MAINLY requires. Because some do not accept other proof aside from credit, and some don’t check credit scores.
So be fully aware of what your chosen lender requires before signing up the loan contract.
Conclusion
Indeed, the steps are simple enough. Even the gathering of documents is easy-peasy to do. And you can get your cash the same day!
Always keep in mind that this is just an easy way to attend to emergencies. In the end, you’d have to pay for everything.
Make sure you’ve planned how you’re going to repay the loan before you apply for one.
So, why wait? Apply now for a car title loan in Pocatello!