Car Title Loans In Orlando FL
Are you in need of some fast cash and live in Orlando? Do you have a newer car's that worth at least $3,000? If so, Highway Title Loans can help you today with a no hassle title loan where you use the car as security for a loan. A title loan is secured by your vehicle as the collateral and most customers can borrow 40% or more of the resale value. Are you worried about using the actual vehicle as collateral for a title loan? Don't worry, you can keep driving your car and all you need to do is sign over the car's title to your lender!
Car title loans are now available in Orlando, and Highway Title Loans can get you pre-qualified in less than an hour. You don't need much to qualify for a secured loan besides a paid-off vehicle and income verification, and customers can pick up their loan proceeds in one business day. Funding for title loans in Florida range from $1,000 to $20,000, and you don't need excellent credit to cash out equity from your vehicle.
Requirements For Same Day Online Title Loans in Orlando
- You must own your vehicle outright and provide a valid pink slip in your name. The lender will be added as a lienholder to the title until you fully repay the loan.
- You need a driver's license, registration documents from the Florida DMV, and proof of insurance with comprehensive coverage.
- You must show proof of employment or steady income each month.
-You must verify your residency. Applicants don't need to live in Orlando; we accept customers throughout Florida!
Meet these underwriting requirements, and you should have no trouble qualifying for a title loan in Orlando. Regarding the vehicle, having a newer car with low mileage is helpful as that means a higher loan amount. For example most classic cars can be used as collateral and we can even underwrite your loan with a semi truck or RV as collateral. Older cars can still qualify with over 150,000 miles can still qualify, but the funding amount will be lower. Apply for 24 hour title loans in Florida and get cash today.
Online Car Title Loans In Orlando, FL, With Bad Credit
The underwriting for an online title loan is primarily based on the collateral from your vehicle, which means you don't need good credit to get approved. Many title lenders in Orlando and other parts of Florida work with applicants with poor credit, and there are often no qualifying issues as long as you have a lien-free vehicle title!
The first step to getting a bad credit title loan is to apply online with Highway Title Loans or call us at 877-433-5454. We'll gather all your documents and get a quick estimate showing your interest rate and approximate monthly payment. You'll then schedule a vehicle inspection to verify the current value of your vehicle, and throughout this process, we won't worry too much about your FICO score! After your car is inspected, we'll match you with a company offering auto title loans in Orlando, and you'll be well on your way to picking up your cash.
How Does The Vehicle Inspection Process Work?
After you've been pre-qualified, the next step is to have your car inspected to confirm it has enough equity to match it's current resale value. The inspection process is quick and easy and takes place at your lender's location or any place you choose, whichever is more convenient. We'll need to check the vehicle for any mechanical issues, look for damage on the inside and outside of the car and record the mileage and VIN.
Once the inspection is complete, you'll be given a loan offer based on the vehicle's value and your ability to stay current on the payments. Some lenders in Orlando offer significantly more money after fully inspecting the vehicle than if you just completed the process online, so don't hesitate to take an extra hour so they can confirm the vehicle's resale value! After inspection you'll agree to a loan amount and repayment term, sign over the title to the lender, and then pick up your cash at any location in Orlando!
Other Benefits With Orlando Title Loans
Most people don't know, but you can apply for title loans in Orlando entirely online and then pick up the cash within an hour at any lending location in Orange County, FL. That's helpful if you're looking to refinance or get more favorable terms, which companies like Highway Title Loans are happy to do. Use a vehicle collateral loan to cover other expenses or perhaps pay off bills with higher interest rates. On top of that, you're not limited to just a vehicle when deciding what to use for collateral. Besides a car, you can also tap into the equity from a motorcycle or RV.
Another benefit of a title loan in Orlando is that your able to borrow far more with a loan on a pink slip versus unsecured loans that don't require any equity. Title loans have a huge selling point for your lender in that your car can be repossessed if you fail to repay the loan. They can sell the vehicle at auction and recoup your loan amount and that enables them to offer 3 to 4 times more than you'd ever get with a personal loan. title loan amounts in Florida can reach $20,000 for high value cars!
Apply With Highway Title Loans In Orlando
If you're looking for an easy way to get the cash you need fast without waiting around or jumping through all sorts of hoops, Highway Title Loans can be an effective way to cash out up to 60% of your car's equity. With straightforward requirements and approval times of less than 24 hours, it has never been easier to get quick approval with a lien free car title!
Other Cities offering Florida title loans:
- Tampa
- Tallahassee