How long does the process to get a car title loan take?

The process of obtaining a car title loan can vary depending on the lender and your individual circumstances. In general, car title loans are known for their relatively quick and streamlined application process, allowing borrowers to access funds promptly, as soon as the next business day in some cases.

What Factors Influence How Long the Auto Title Process Can Take?

Below, you’ll find the steps of the car title loan process and how each step can impact how quickly you secure the loan:

Filling Out the Application

The process begins with filling out an application form, either in person at a lender’s office or online through their website. The application will require you to provide personal information, details about your vehicle, and any necessary documents.

Lender Vehicle Inspection

Once your application is submitted, the lender will typically require a vehicle inspection. This can be done either in person at a physical location or through photos and documentation you provide online. The inspection assesses the vehicle’s condition and determines its value, which influences the loan amount you’re eligible for.

Verifying Documentation

The lender will review the documents you’ve provided, including your clear vehicle title, proof of identity, residence, income, and any other required documentation. This step is essential to verify your eligibility and ensure that you meet the lender’s criteria.

Approving the Loan

After the documents are verified and your vehicle is inspected, the lender will assess your eligibility for the loan. This includes evaluating the value of your vehicle and your ability to repay the loan. If approved, the lender will present you with the loan terms, including the loan amount, interest rate, and repayment schedule.

Reviewing and Signing the Loan Agreement

If you agree to the terms presented by the lender, you’ll need to sign a loan agreement. This document outlines the terms and conditions of the loan, including repayment details and any additional fees.

Obtaining the Funds

Once the loan agreement is signed, you can access the loan funds. Depending on the lender’s policies, funds may be disbursed through various methods, such as cash, check, or direct deposit into your bank account.

The entire process of obtaining a car title loan, from application to accessing funds, can often be completed within a matter of hours to a couple of days. Some lenders even offer same-day approval and funding, making car title loans a convenient option for individuals who need quick access to funds for unexpected expenses.¹ ⁵

While the application process is fast, you should exercise caution and ensure you fully understand the terms of the loan before proceeding. Failure to repay the loan as agreed can lead to the loss of your vehicle. Before applying for a car title loan, carefully review the terms and make an informed decision that aligns with your financial situation.

Find Out if You Qualify

At Fast Money Car Title Loans, we can connect you with a reputable lender who can provide a car title loan based on the value of your vehicle and other factors. We take great care in vetting the lenders in our network to ensure you work with one that offers you the loan you need, with reasonable terms and payment options⁴.

To learn if you qualify for a car title loan, fill out the form on this page to get started⁵. Our customer service staff will respond promptly to answer any questions and connect you with lenders that can help you secure the loan you need, as quickly as possible.

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DISCLAIMER:

The Fast Money Help website does not offer or provide loans; rather, it offers a service. This website does not endorse any lenders or partners, and it does not charge visitors any fees. The website owners do not inspect or evaluate the applications of potential lenders, and they do not approve or deny credit applications.

The Fast Money Help website gathers applicants’ personal information and transmits it to lenders or partners that are part of the site’s lending/partner network. There is no obligation to use this website, whether to initiate contact with site operators or to attempt to secure financial products or services with any of the site’s lending partners. Transmission of your financial and personal information on the website in no way obligates lenders or partners to offer you a loan or any other kind of credit product or financial service. Be aware that cash transfer times can vary depending on the lender and the bank you use. Under certain circumstances, faxing information may be necessary.

All questions about loans and any concerns you may have should be directed to your lender or loan servicer. These loans are intended as short-term financial solutions to satisfy borrowers’ needs for immediate monetary relief. This is not intended to be part of a long-term financial plan for individuals. These services are not offered in all states. Potential borrowers may undergo credit checks if lenders or partners choose to use any of the major credit reporting bureaus, including Equifax, Trans Union, and Experian.

They may also use other alternative sources to check credit ratings. Your request for a loan or financial product constitutes your agreement and acknowledgment that (A) your personal data may be shared with lenders and perhaps other third-party partners, and (B) lenders can acquire credit bureau reports that detail your credit history. Reports from major credit bureaus, such as Equifax, Experian, and TransUnion, may be obtained and used to evaluate your reliability as a borrower.

* The locations mentioned are Fast Money Help partner locations.

Loan amounts by the lenders vary based on qualifications.
Since we do not lend money directly, we cannot offer you a solicitation for a loan or financial product/service. In all serviced states, we WILL connect you with a lender or partner based on the information you provide on this website. We will not charge you for this service, and our service is not available in all states. States that are serviced by this website may change from time to time and without notice. Personal unsecured loans are not available in all states and all areas.
Loans, such as auto title loans, typically do not have pre-payment penalties, but we cannot guarantee that every lender meets this standard. Small Business Loans typically do have pre-payment penalties and occasionally will use your car as collateral to secure the loan. Other types of loans may have pre-payment penalties as well.
All lenders and partners offering loans, financial products, and financial services are responsible for their interest rates and payment terms. Fast Money Help has no control or influence over these rates or payments. Use of the work competitively or reasonably does not mean affordable, and borrowers should use their own discretion when working directly with the lender or partner.
The number of people applying for loans, financial products, or financial services we are able to assist is not the same as the number of people who are eligible to receive them. We cannot guarantee we will find a lender who will fund you.

We also cannot guarantee that our partners will be able to help you access a financial product or service(s) offered by them. Just because you give us information on this website, in no way do we guarantee you will be approved for a car title loan or any other type of loan or financial service. Not all lenders can provide loan amounts you may see on this website because loan amounts are limited by state law and/or the lender.

Some lenders may require you to use a GPS locator device on your car, active all the time, in the circumstance of an auto title loan. They may or may not pay for this or charge you for this. This is up to the lender, and we have no control over the lender’s policy. Typically, larger loans or higher-risk loans use a GPS if they are secured by collateral.

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Loans such as Car title loans are expensive, and you may have other ways to get funding that is less expensive. These types of loans are meant to provide you with short-term financing to solve immediate cash needs and should not be considered a long-term solution. Residents of some states may not be eligible for a loan. Rejections for loans are not disclosed to our firm, and you may want to contact the lender directly.

Car title loan lenders and other lenders are usually licensed by the state in which you reside. You should consult directly with these regulatory agencies to ensure your lender is licensed and in compliance. These agencies are there to protect you, and we advise making sure any lender you receive money from is fully licensed.