How Title Loans Work Without a Bank Account

Not everyone has a bank account — and that’s okay. If you're one of the millions of Americans living without one, you may worry about your ability to qualify for a loan. But the good news is, you still have options. Specifically, title loans can help you get the cash you need without the hassle of traditional banking. While banks may say no, title loan providers like us say yes — if you meet a few basic requirements. You don’t need a bank account, and you don’t need perfect credit. Instead, you just need to own a vehicle outright and have the lien-free title in your name. That vehicle serves as collateral for the loan.

How Title Loans Work Without a Bank Account

While getting a loan from a traditional lender could be difficult if you don’t have a bank account, that doesn’t mean it's entirely impossible. There are loans out there that don’t require you to have a bank account, you just need to know where to look.

With title loans at Cash Cow, you can borrow between $300 and $1,400 to fund emergencies without having a bank account. They're a viable option when it comes to no bank account loans. Alongside the zero bank account requirement, you don't need a good credit score to find out if you qualify for approval. Instead, you need to own a vehicle outright with the lien-free title in your name to use as collateral. 

And when it comes to how much you can get, we determine that by inspecting your vehicle. We are looking for your vehicle’s overall condition and resale value, so we recommend you make sure your vehicle is in as good a condition as possible when you come see us. So, with that off of this in mind, let's take a look at the items you need to get a title loan online without a bank account from Cash Cow in Louisiana.

What You Need to Qualify for a Title Loan

Getting a title loan without a bank account through Cash Cow is simple, and our requirements are minimal. Most people already have what they need on hand. Here’s what you’ll need to bring:

• A driver’s license or state-issued photo ID

• Your vehicle for a quick inspection

• Your lien-free vehicle title (no liens or outstanding loans on it)

We do not accept titles for motorcycles, boats, or trailers. Only cars, trucks, SUVs, or minivans that you fully own qualify for our title loans.

How the Online Title Loan Process Works

Provided you have everything you need to get no bank account loans, all that is left is to get through our process. As we’ve alluded to throughout this article, the online title loans process is simple and quick for you to get through. In fact, as long as you have the items, you can find out quickly if you qualify for approval. So, if you are ready to begin, you can follow the steps below to get through the process:

1. 1. Submit the online form on our website with your contact information.

   2. One of our friendly loan reps will call you to review your info, explain the process, and make sure you have everything ready.

   3. We’ll arrange a face-to-face meeting at a location that works for you — your home, your job, wherever you're most comfortable.

   4. Our rep will inspect your vehicle and verify your documents to determine if you qualify.

   5. If approved, you’ll sign a few forms — and get your cash on the spot.

Get Online Title Loans Right Here, Right Now!

While not having a bank account can sully your chances of getting approved for traditional lending, as providers can't accurately assess your spending habits, no bank account loans do exist. And, luckily for you, we provide them! With our online title loans, you can borrow up to $1,400 based on the value of your vehicle and without a bank account. If that sounds like the right kind of loan for you, fill out the form to get started on the simple process.

 

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