Title Loans Are Really Easy To Get In Virginia. Here’s Why

April 08, 2020 |Emma Frost

 

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An emergency can strike at any time – and strike big. They usually tie up your finances pretty tight – even if you have an emergency fund set aside. For those tough times when not even your emergency fund is enough, you do have another option.

Getting a title loan online could be just the thing to tide you over until the emergency subsides. There are a lot of benefits to getting a title loan from Fast Auto Loans in Virginia. The biggest benefit is how quickly you could get the cash you need. The process is quick and very simple. In thirty minutes or less, you could be on your way with the cash from your car title loan.

What Is A Title Loan?

A title loan is a loan using your vehicle title as collateral. The loan is designed to be a short-term cash-flow strategy and not a go-to fix for long-term financial problems. You can pay for things like medical bills, repairs, or any other unexpected expense or emergency.

This loan can also help you tremendously by repairing your credit. So, if you have bad credit or no credit at all, an auto title loan from Virginia could be just what you need. With just a few items and a quick vehicle inspection, you are well on your way to getting the money you so desperately need. With your vehicle’s title, you could get up to $15,000 from Fast Auto Loans in Virginia.

What Do You Need To Get A Car Title Loan?

The process begins by filling out the online form. Once that is complete, you can head over to one of our locations and finish the process. Before you can get your loan, there are certain items you must bring with you. In Virginia, to get an auto loan, you are required to have four things with you before you can complete the process:

 

  • You must bring your state-issued ID with you. It doesn’t have to be your driver’s license, but it must show that you are over 18 years of age or you won’t qualify.

 

  • The title to the vehicle you will be using as collateral. The title must be clear and lien-free. This means you own the title and there are no previous judgments or outstanding loans on it.

 

  • Your vehicle you will be using as collateral. During the process, a title loan rep from Virginia will conduct a quick inspection. This inspection will be how they determine how much you qualify for.

 

  • You must have proof of your income. Since you will be making payments back to Fast Auto Loans, proof of income shows that you will in fact be able to handle any payment schedule that is decided upon.

 

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How Do You Get A Loan?

You can get your car title loan in as quick as thirty minutes. Whether you have good, bad, or no credit at all does not affect your ability to get your loans. The process is also very simple to follow along. We don’t deal with long, complicated processes to get your VA title loan. We make it as simple as possible for you to complete. Just go to our website to complete the online form. This form is for us to know who you are and what you are looking for. After you’ve submitted the form, you will receive a phone call from one of our reps who will get some additional information from you.

 

Once you are done with your phone call, you can go to the nearest Fast Auto Loans in Virginia to you and finish the process. The rep will go over your documents while a store manager will conduct a quick inspection of your vehicle. Once the inspection is through and your documents checked, you will be given your loan agreement where you can read thoroughly and ask all the questions you have. If everything goes smoothly, in less than 30 minutes, you could be walking out of our store with the cash you need to solve your emergency.

 

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How Do I Qualify?

To qualify, there are a few things you need to make sure of. Your car title needs to be in your name and lien-free. What does that mean? That means your title must be free of loans or judgments against it. Your car will also be inspected by a store manager when you arrive. The value of your car is determined through the condition of your car and from a nationally recognized pricing guide. Finally, the loan rep will help qualify you for a car title loan amount based on your needs, the appraised value of your car, your ability to repay the loan, and the applicable state law.