What is an Auto title loan?
An auto title loan is a type of secured loan. It allows you to use your title to a qualifying vehicle as collateral in exchange for funding. It might be called a car title loan but don’t let that confuse you. A car title loan or auto title loan applies to all other kinds of vehicles as well.
You’ll need a clear title of your car to get a car title loan. You must have 100% ownership of the car, without any liens. If not 100% ownership, you must have at least some equity in your vehicle. Car title loans are also called pink-slip loans, title pledges, or title pawns.
Apart from your car title, the lender will generally want to see your car, a photo ID, and proof of insurance.
Amazing Benefits of Auto Title Loans
- Instant Cash: When you urgently need cash, an auto title loan can help you get a cash loan on your car title or another vehicle title. All you need is a car that you own. Get in touch with a reliable auto title lender, get the loan, and fulfill your needs.
- Short Processing Time: There are no comprehensive and tiresome procedural requirements for auto title loans. Just get all your car ownership documents ready and you can get the loan in a matter of hours.
- No Credit Score required: As the name suggests, an auto title loan does not require any guarantor or a good credit score on your behalf. Your vehicle makes a good assurance for the loan.
- No Vehicle Requisition: If you get an auto title loan, the lender only uses the vehicle as an entitlement or guarantee for ownership. You are free to use and drive your car in full authority and the lender does not withhold it from you.
Get Car Title Loan Online from the comfort of your home!
Can’t make it to a physical location? No problem! You can submit most of the documents required for a car title loan online. In some cities, you can even have a notary visit you at home or work in order to complete the application process. With GConnectPro, you can complete the entire application process without having to visit a lender’s physical location at all. Just begin the application process online, or get in touch with us to get started right now
Documents Required for an Auto Title Loan application
- Original vehicle title showing sole ownership
- Government-issued identification matching the name on the title
- Utility bill or other proof of residency matching the name on the title
- Certificate of Deposits, savings, bank statements for checking
- Current vehicle registration
- Proof of vehicle insurance
- Recent pay stubs or other proof of ability to repay the loan
- Names, phone numbers, and addresses of at least two valid references
- Working copies of the vehicle's keys
Why choose GConnectPro for Auto Title Loans?
Auto title loans are an easier way of borrowing the money you need. Moreover, you don’t have to deal with the hassle of going through the application process for a traditional bank loan. Auto title loans use the equity value of your qualifying vehicle to secure funding. That’s why they’re a great option for customers with credit issues, or who need urgent funding.
GConnectPro can help you qualify and get approved for an auto title loan with terms that are right for you. Our financial advisers will help you get an auto title loan that is right for you and your requirements.
Auto Title Loan Application Process
with Global Connect Pro Financial
- Application form: Firstly, you need to fill out our online application form giving us basic details of your loan requirements.
- Advisor Call: Our Financial Adviser will call you to discuss your qualifications, title loan options, and help you prepare for your title loan application.
- Loan Application: Once all the documents are ready and qualifications are met, we’ll move on to the actual title loan application with the lender.
- Loan Approval: Our Financial Advisers and Agents will keep in touch with the lender to ensure that your loan is approved and funds are received at the earliest.