What do you need for a title loan
Serving You Across The US
Montana Capital Car Title Loans serves applicants from more than 30 States! By connecting with a trusted lender, we help people apply for a title loan safely and quickly. Call us now and let our support team guide you.
Auto title loans are available in 25 states and allow car owners to borrow money against the value of their vehicles. In certain instances, title loans on financed cars are also available.
Key Questions About Title Loans on a Financed Car
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Documents you’ll need for a title loan
Our goal at Montana Capital Car Title Loans is to be able to provide a title loan to anyone who is in financial trouble. We do this by providing a simple application process, great loan terms, and professional service. Our loan experts will answer any question you have from “what do you need to get a title loan” to “what is the most convenient way to make a payment“. We’re here to help and do so efficiently and quickly!
Wondering what do I need to get a title loan? The following documents are a must-have in order to be approved for a loan:
It could be a driver’s license, passport, or any other state-issued ID.
We want to know that you have the ability to repay the loan and we accept many forms of income in order to see this. Regular pay stubs, bank statements, and benefits are all viable proofs of income you can provide.
You will need a clear title in order to be approved for a loan. This means your title needs to be registered under your name without any active liens on it.
Car title loan requirements
The requirements for a title loan can get confusing so keep on reading to understand what do you need to get a title loan:
You must show that you are able to repay the loan. You can do this using pay stubs, bank statements, and other proofs of regular income.
These include basic information like your date of birth, address, and SSN.
Since these are collateral loans we will need to make sure you own a car and have a clear title under your name.
As mentioned above, you will need to provide an ID which will be used to verify your identity and details.
We require at least 5 references for your loan. You will need to provide the name, relation, address, and phone number of each person.
You may also be required to provide the following requirement:
For loans over $5,000, we require proof of full coverage insurance.
But besides asking what do I need for a title loan it’s also important to know you DON’T need:
This is not a requirement for being approved nor do you need a bank account to receive the funds. We have plenty of other methods for the disbursement of your funds.
We’re looking to see your ability to repay the loan and as long as payments are made on time, your score will not be damaged.
Title Loan benefits
Now that you better understand what do you need for a title loan, it is important to understand whether this type of loan is suitable for your needs. An auto title loan is a flexible and simple option for those looking to get financially ahead.
Pay off your loan at any point without paying any burdensome fees.
While Montana Capital will become the legal owner of the vehicle for the duration of the loan, you remain the registered owner which means you get to keep your car!
Title loans usually run from $2600 and up to $20000. The loan terms and reinstallment plans are flexible and depend on each borrower’s personal needs and approval.
Applying for a title loan can be done by phone or online out of the comfort of your own home! The application is simple and convenient allowing you to make the choice that is right for you!
We don’t approve loans based on your credit score. Title Loans at Montana Capital are based on the borrower’s ability to repay the loan and the value of their collateral.
Apply online for a title loan
We hope you better understand what do you need for a title loan with Montana Capital. If you’re ready to apply for a title loan with us, the process is very simple! We’ve worked hard to make our application process easy so you can get the money you need promptly. You can use our online title loan application or give us a call to find out how much you qualify for. Completing the application process only takes a few minutes and can be done from the comfort of your home. Our loan experts will evaluate your application to determine if you pre-qualify for a loan.
If you’re still not sure about what do you need to get a title loan or have questions about title loans in general, feel free to give us a call! Our agents are waiting by to help you and address any question you may have!
Montana Capital Car Title Loans has years of experience in helping consumers just like you. We make sure to provide great customer service and great loans. Call us today to reap the benefits of a car title loan with Montana Capital!