We will now take some time out to talk about car title loan and how it works. What Documents Do I Need to Apply for a Title Loan? Applying for a car title loan is easy. The only documentation lenders require from you is: • Government-Issued ID • Proof of Income • Proof of Insurance • Proof of Residency • Vehicle Registration They will also require you to submit six pictures of your vehicle, too. What If I Don’t Have Proof of Income? You don’t need to be employed in order to apply for a car title loan. All you have to show is that you have some source of income that can be used in order to repay it. Some examples that would suffice for proof of income include: • Disability • Pension • Retirement Account • Social Security • Unemployment Benefits Does My Car Need to Be Paid Off? No. lenders can provide title loans to borrowers who still have a few payments left. As long as you have sufficient equity in the vehicle and can provide us with proof that you’re able to afford a new loan, we may be able to pay off your current one and issue you a new loan for the amount you need. Learn more about car title loans here
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car looaa Joined: January 12th, 2020 Articles Posted: 47