Title Loans in Wisconsin: Your Best Shot at Instant Money
You might be asking, what is the most convenient way to get extra cash?
The ANSWER: Title loans!
Is it difficult to apply for title loans in Wisconsin? Not at all!
We will help you secure title loans in Wisconsin with fewer fees and more benefits!
Applying for Title Loans in Wisconsin
You may apply for different title loans in Wisconsin, but the most convenient is car title loans.
A few steps and requirements are needed to complete the Wisconsin car title loan application process
So, are you still going to wait for time to pass by? Apply now!
STEP 1: Turn In a Loan Application
The first step of the title loan process is to submit an application. How?
You may visit their website, apply online, and fill in the application form.
However, keep in mind that the correct personal information is VERY IMPORTANT.
Another way of applying would be by calling the company’s telephone number. You may choose which title loan company around Wisconsin and give their telephone number a ring.
Make sure that your zip code matches the branch’s location.
Be sure that you give them a call on a business day to ensure the operating hours. We suggest that you apply online so that there’s less wait time.
How to Find Pawning Companies in Wisconsin?
Go on google maps and remove terrain satellite labels.
It is also crucial that you double-check the state change zip code.
Checking the state change zip code won’t redirect you to a different title loan company that you have in mind.
The zip code will help determine if the title loan company is within reach of your location.
STEP 2: Turn In Complete Required Documents
There may only be a short list of basic documents needed, but this step is more than vital.
Failing to submit one of these requirements can automatically put your application to conditional approval.
To get the final approval, you must submit ALL of these:
- Driver’s license or state-issued ID
- Clear vehicle title to your name
- Your vehicle for vehicle evaluation
- OPTIONAL: A classic vehicle for competitive rates
If you plan on applying for an installment loan, the required documents are:
- A checking account statement from an account that’s open in your name
- Proof of Income
Some lenders would ask for additional requirements, but that will ultimately depend on them.
The authenticity of each document required is deadly. We all know what happens when you give false information.
STEP 3: Get Your Cash
Wisconsin offers convenient ways to claim your cash for your emergency funding.
What’s great about Wisconsin’s title loan services is aside from catering faster service, they’re flexible!
Flexible when it comes to loan processing and even with claiming your cash.
You can claim them on-site, or you can request for them to directly wire the money to your bank account.
How to Qualify for a Car Title Loan
Other factors that will give you a higher chance of qualifying for a car title loan are:
- You earn income, and you have proof of income
- You are of legal age
- You are a US citizen
- You have a driver’s license
- You have a car title in your name
Before you apply and get pre-approved, check out all of these boxes first!
Benefits of Title Loans You Can Get In Wisconsin
Aside from getting a title secured loan and cash for your financial emergency needs, there are great benefits that you can get from getting a car title loan in Wisconsin!
Consider these some of the reasons why you should apply for a Wisconsin title loan.
A huge benefit that comes from Wisconsin title loans is flexibility and convenience.
All borrowers have the ability to repay the mortgage off early without any fees or penalties.
In some cases, those who applied to other title loan companies and can repay the loan need to go under the trouble of prepayment penalties and additional fees.
Fast and Convenient
Wisconsin title loans’ priority is to make the loan processing as swift and convenient for potential borrowers.
No Hidden Fees
The most important bonus to look out for when applying for title loans!
Having no additional or hidden fees in your auto title loan can maximize the service and help that you get from the company.
It is necessary that the auto title loan financially aids you and does not add up to your financial problems.
Other Cash Options to Consider
Are you still unsure if title loans are for you? There’s no reason to worry because these alternatives should be more than enough for your monetary needs.
Online Personal Loans
Borrowers who need cash can quickly get the funds they need as soon as the next business day after approval.
You can apply for a personal loan online from the comfort of your home.
The requirements for this cash option are:
- Valid ID
- Personal information
- An active bank account statement
- Telephone number provided
- Must be a Wisconsin resident
All loan proceeds for the online personal loan product are funded electronically to the borrower’s designated bank account.
In-Store Personal Loans
A personal loan is an excellent option for people who don’t own a lien-free vehicle title.
To apply for this, Wisconsin customers must have these requirements in hand:
- Passport or Valid ID
- An active bank account statement within 60 days
Auto Title Loans Essential Note
If it worries you that auto title loans in Wisconsin are similar to a traditional loan in which it asks for a credit check, worry not no more!
In Wisconsin, you do not need good credit because MOST title loans do not require a credit check. Your vehicle title is all the assurance they need to make up for your payments.
However, If the title loans company you choose decides to perform credit checks, the status of your application will rely on it.
If so, make sure you have not maxed out your credit limit nor lack it.
Can you still get a title loan with a poor credit score? Yes, you can.
Although a poor credit score could guarantee a title loan and get you the cash you need, you will dodge the lenders’ BETTER deals.
Lenders offer lower interest rates to borrowers with a higher score.
So be sure about how much cash you need and that you don’t exceed the maximum loan amount to avoid permanently losing your vehicle or car.
Do’s When Getting Title Loans
To avoid any mishaps or confusion, here are some things you MUST remember when applying for these loans.
Know How Much Cash You Need
Knowing how much cash you need before securing a title loan is important.
This will help you later when you repay the loan. The less you borrow, the easier it will be for you to return the money.
Expect Only the Minimum Loan Amount
Don’t expect that you get an excessively high amount of loan.
Car title loans are designed to be short-term ones, and they vary from a couple of hundred dollars to a couple thousand.
You will not get a loan for the full value of your car, and certainly not one for more than the equity value of your car.
Unfortunately, if you need a larger loan, a title loan may not be the right solution for you.
Ask Questions if You Don’t Understand Something
Never hold back from asking questions and clarifications.
You must know what will happen with regard to your title loan.
Title loan experts are intended primarily to be very good at explaining the terms of your loan,
- How to go about paying it back
- What happens if you need an extension of your payment plan
- Disclosure of the interest they charge on the title loan
Pay Back Your Loan on Time
Paying all loans back on time is the only right thing to do.
You agree on a date, follow the terms, and finish the loan agreement.
Repaying loans on time would benefit you in the future when you decide to apply for different loans.
Frequently Asked Questions
You might have additional questions to clarify with us. We got you!
Let’s go over this section to ensure you have ALL the information you need before doing business with your lender.
What Should I Do When My Application Is on Pending Review?
A reason why your application could be on pending review is that it might have something to do with your requirements,
Or your ability to repay. That is why it is vital that you make a good agreement with your lender.
Why Do I Need to Secure Title Loans?
Aside from funding time, another one would be related to household purposes.
There are plenty of things related to your household; it could be your rent, electricity and water bills, etc.
You never really know when you’ll need loans, but it’s nice to be one step ahead.
Can I Have More Than One Title Pawn?
Yes! As long as you are providing acceptable property for the other title pawn.
If you don’t have a different car, offer something else! But that wouldn’t be under auto title pawns in that case.
Would the Vehicle Year Make Model Affect the Amount I Get To Borrow?
Yes, since you are only allowed to borrow up to half the value of your car,
The make model will affect the amount because title pawn companies offer higher rates for newer cars.
What Should I Do After I Make the Phone Call About Applying?
Wait for the text messages that they will send you afterward.
Want a tip? Be patient in waiting for the text messages that contain confirmation of your application.
Is applying for title pawns in Wisconsin worth it? Yes!
Is it easy to apply for title pawns in Wisconsin? Yes!
Don’t let the problem come to you! Instead, be one step ahead of your financial needs in the future. Let your friends know if this was helpful.