Get A Car Title Loan Online In Tulsa OK
If you ever have to deal with a financial situation where you can't pay your bills or face a cash emergency, a title loan in Tulsa may be your way to get quick funding. Not only can qualified borrowers access up to $15,000, but you also need little to no credit to get approved. A finance lender wants proof that you own a vehicle and can use that equity as collateral for the loan.
Other requirements to qualify may include your car's vehicle registration information and any documentation showing full insurance coverage. In addition, some companies will want to verify that you currently work or have enough money coming in monthly to afford the payments. They will verify these details by checking your employment history or contacting your work to confirm your monthly income. In some rare scenarios, you may need to provide references from past lenders or friends and family, but these are no longer very common.
Bad Credit Title Loan Lending Options In Tulsa, OK
If you're worried about qualifying for title loans in Tulsa because of bad credit, don't be! Unlike unsecured personal loans, your eligibility comes down to the collateral you have in your vehicle. If you have a car or truck that's paid off or has equity, you should have no trouble gaining approval. Of course, there may be occasions when a lender checks your credit history. This is to confirm your identity and look for any current bankruptcies or red flags that are often far more serious than simply missing a payment here and there.
To start the title loan underwriting process, complete a short online application or call us at 877-433-5454. We'll match you with a top finance company near you that can get you fast cash!
What To Know About Auto Title Loans In Tulsa, Oklahoma
There's undoubtedly a lot to consider when looking for a lender or even debating if a secured loan is right for you. Here are a few of the most important things to know when it comes to title loans in Tulsa:
- Most applicants who have a paid off vehicle will qualify for a title loan. The car's title is the most critical requirement, and you need proof that the vehicle is lien free and registered in your name.
- You'll need proof of income to qualify. This can be from a full time job, benefits, or any other regular source of income. We hear from customers who are unsure if their income source will qualify. But, any type of monthly income should be sufficient.
- Any finance lender in Oklahoma wants to see proof of vehicle insurance and know they're covered if you wreck the car or it's stolen. You need comprehensive insurance coverage, and some lenders in Tulsa will require umbrella coverage that pays out above and beyond the initial insurance policy.
- You may be able to get title loans without a bank account, but it will depend on the lender you're matched with and how they choose to underwrite your online application. A few companies in the Pearl District and East Villages areas offer these loans without a bank account, so shop around for companies that don't require much paperwork.
-Once approved, you must sign over the car's title as security for the loan. Make on time payments each month, and there will be no concerns about a possible repossession and sale of the vehicle by the lender. Fall behind on the payments or default on the loan, where you run into trouble and face a situation where the vehicle is repossessed.
-There are more than a few options to refinance an existing car title loan in Tulsa. Expect to get a new monthly payment, and APR when you refinance, and some companies may even offer a loan buyout. Shop around for a direct lender who is open to working to lower your rate and improve the terms!
Types Of Vehicles That Qualify For A Tulsa Title Loan
Do you have an older model vehicle that's worth $3,000? Or perhaps you have a newer vehicle with low mileage valued at $15,000. It turns out that either of these vehicles will qualify for a title loan in Tulsa! There are few regulations for title loans in Oklahoma, which means you have multiple options regarding the loan amount and payment terms for your loan. Older high-mileage vehicles may only qualify for a title loan of $500, but that may be all you need! The bottom line is that any vehicle titled in your name with a resale value of $2,000 or more should qualify for an auto title loan. Highway Title Loans can even help applicants in Tulsa get a title loan on a motorcycle, RV, or boat!
How To Get Started On An Application For Car Title Loans In Tulsa
Highway Title Loans offers an application that can be completed online any time of the day and you can start with our short online application or call us at (877) 433-5454. We'll then match you with a local licensed finance lender that offers guaranteed approval funding in Tulsa, OK
Another added benefit of Highway Title Loans is getting your funds within a few hours of applying online. Some vehicle equity lenders in Tulsa won't make you wait one business day to get your cash. Instead, they can hand you the cash in person. Apply online or call 877-433-5454 to start your application!
