The era of not being able to apply for your loans without visiting a physical store is now in the past, thanks to the internet and technology. The world as we have it today is a global village and the internet is the market square. Lots of business transactions go on across individuals from different parts of the world to the tune of billions of dollars without the parties transacting seeing each other physically, that is the power of the internet. Same way today, this method of doing business transaction has been brought or adopted in the business of how you can apply and secure loans from the comfort of your office, home or even on the go.
The process is simple, straightforward, and does not take time. Today, you can visit the website of your lender to apply for any kind of loan, get approved same day, and get credited same day as well.
Online Car Title Loans
You can apply for a car title loan from the comfort of your home, office, or on the go in three simple steps. All you need to do is to log on to your system, phone, or tablet and in a few clicks, you are done with the application process all done online without any need to visit your lender in their office.
- Apply: Log on to the website of your lender to apply, fill the application form, attach all required documents and submit.
- Get Approved: Once you submit your application, a loan agent or representative will go through your application and documents. If everything is in order, they will get back to you to let you know whether you qualify or not or let you know if there are other additional details about you that will still be needed. If you qualify, they will put you through the simple step left to get the cash credited to your account. At this stage, they will also let you know how much loan you will be able to get.
- Get Your Cash: After you are approved, you will be credited with the needed cash. You can decide what method of funding you want and your lender will see how they can get the cash across to you through your chosen funding method.
All the steps listed above take less than an hour and depending on the time of the day you submit your application; you can get credited same day if you submit early enough.
Documents Required to Apply
The following documents will be required when you apply for a car title loan;
- Age declaration as you must be above 18 years old.
- Your car title in your name.
- Proof of ID; a government-issued ID will suffice here.
- Proof of insurance
- Proof of steady source of income like your payslip.
Once you have all these documents, then you can go ahead with your online car title loan. Once you submit your application, you will be contacted by a loan representative to complete the process.