Normally, it is quite difficult to get a loan with a bad credit score, and many lenders are hesitant to offer a loan to a person/family with a bad credit history. it is not the case. It is not compulsory for you to have a good credit score to apply for a car title loan. It is because lenders comprehend the fact that our on-time assistance can play a significant role in making your life comfortable. That is why they have not included this term of “have a good credit score” in our books. Learn more at https://www.prnewswire.com/news-releases/tfc-title-loans-showcases-their-sleek-user-friendly-site-300978123.html
Car title loans, also known as title loans, title pawns, and pink slip loans, are notorious for the high risk they pose to the borrower and the astronomical interest rates lenders charge for these teeny, tiny short-term loans. If you don’t have a bank account but you do have a car, getting an auto title loan might be your best loan option. Car title loans let you get the money you need quickly by using the title of your car as collateral How can I apply for a title car loan and what are the requirements? Here are the important requirements for a title car loan:
• You’ll have to provide a title for your vehicle (also known as the Pink Slip)
• You’ll have to present your original driver’s license or other government-issued identification
• We will require proof of insurance
• Your permanent home address will be needed
• You have to be present to apply and no one else can apply your name (family members, friends, etc.) Kindly contact us if you have any questions about this requirement
• If the titles have two names then both persons need to be present at the time of submitting the application
• You must be residing in the state in which you are applying for a car title loan
• You need to provide proof of income. Your monthly income needs to be at least $1200 or more than it
• You have to be 18 or older