Louisiana woman holding title loan cash

The Truth: 5 Reasons People Consider Getting a Louisiana Title Loan

Financial hardships can impact not only you but anyone who depends on you. If you are looking for quick cash in Louisiana without the hassle and long processes of other borrowing forms like bank loans, then online title loans may be the perfect option for you. But what exactly is a title loan from Cash Cow in Louisiana and what can make it more beneficial than let’s say, applying for a credit card or bank loan? Well, a title loan is like a title pawn that you may have seen advertised in other states.

However, in Louisiana, it is known as a title loan. The process does not differ though. By using your vehicle title as collateral, you could get approval for funds depending on factors like the current market price of your vehicle today. Depending on your agreement, you will then be given a period before repayment is due like any other form of credit. Unlike other ways of getting credit like getting approval for a credit card, many people get title loans instead because they have the benefits like:

  1. Same-day funds and easy application process
  2. Apply for title loans online
  3. Does not lower your credit score to apply for
  4. Get approval, even with a bad credit score
  5. Convenient locations throughout Louisiana

Loan places near me

Same-Day Funds and Easy Application Process

Getting a title loan in Louisiana is one of the fastest ways to get quick cash without having to wait to potentially be denied. If you are wondering how long the whole process could take it, then do not worry. Your time is valuable so you should be in and out of a store in as little as half an hour. Emergencies can come at any moment and come sometimes be matters constrained by time. For example, maybe a fraudulent charge was placed on your account making it so that you cannot pay rent. While it can take days to resolve the issue, you may be dealing with hefty late fees and additional penalties the later you pay. Rather than letting your rent go unpaid and losing out on more money, you can always instead apply for a title loan and potentially get your funds the same day.

Apply Anytime Online

Louisiana couple happy getting title loan

One of the most time-consuming parts of getting a title loan can be having to go in-person to store. If you find that your schedule just makes it difficult to get to a store, then you can always try applying online. Rather than you going to immediately gooing to a store, you can instead being online. You can decide on a better time to bring your vehicle in for inspection and get the funds you need.

Get Approval, Even with a Low Credit Score

If you are worried that applying for funds may be fruitless because of your credit score, think again. If you fit the requirements to get approval, you can get your emergency funds. The approval process is not based on your credit score and you could even get approval without any credit score as not everyone has an extensive credit history. Your title loan is also not something that is reported to credit agencies in the case that you are late in paying it back.

Instead of having to provide numerous documents, screenshots of your bank account, and waiting a week for verification, you only need a couple of things to apply for an online title loan. These couple of things include the vehicle itself, a lien-free title under your name, and verifiable photo I.D like a driver’s license or passport. If you are unsure about what constitutes as acceptable I.D, then you can contact your nearest location with any questions.

Convenient Locations Throughout Louisiana

If you’d rather not wait a day and instead get your title loan as soon as possible then instead of looking up “title loans in Louisiana near me”, simply visit the locations page at Cash Cow of Louisiana today to find your nearest title loan locations. Most applicants who get approval before noon typically receive their cash deposited into their account the same day. If you do not receive your funds the same day, you only have to wait a minimum of one banking day. If you visit and get approval at your nearest title loan location, then you can leave with your cash in as little as half an hour.

Get Approval for up to $1,400 with Your Vehicle Title Today!

Unlike other ways of getting quick funds, you can potentially get much more funds through a title loan. While payday loans typically have low limits in the hundreds, you could get up to $1,400 today with a title loan from Cash Cow! If you would rather get a smaller amount to more easily pay it off in the future, then you can also apply for payday loans at Cash Cow in Louisiana today.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.