couple comparing online title loan

How An Online Loan Compares To An In-Person Loan

You may be familiar with your loan options in emergency situations, but throwing in the term ‘title loan online’ tends to confuse people. You might even be wondering what an online loan really is and how it differs from the title loans you are already familiar with. You already know that with a title loan, you fill out our online form and then head to one of our stores to complete the process, so what is so different with an online title loan? Keep reading this article to find out!

Learn About The Differences Between Online Loans And Title Loans

What Is An Online Loan?

When it comes to title loans, there is no such thing as a fully online loan. We must evaluate the car in-person to determine its value because we use that information to determine how much we can lend you, as your title is used to secure the loan. The ‘online’ portion refers to the convenience of choosing your own location for the vehicle inspection to take place. Traditionally with title loans, as we said above, you head to the nearest office where a representative will inspect your car.

However, when it comes to you getting an online title loan at Cash Cow, you don’t have to come to the nearest store location to do the vehicle inspection. Instead, you can meet a representative at a convenient location of your own choosing. Doing so saves you a little bit of driving and makes the loan process more convenient because you don’t have to look through our locations page to find the nearest store. You just let us know where you’d like for us to go and we will meet you there.

money and computer for online loan

Can I Get A Loan Completely Online?

One thing to know about this option is that, as we said, you cannot get a title loan online completely. While this is an online loan, that doesn’t mean we don’t have to see you in person. In fact, The in-person process is necessary and applies to all reputable lenders. Your car’s title serves as security for the loan, so we need to be able to see it in person and make sure it is lien-free and in your name. We also have to verify your identity and, as you know, inspect your vehicle.

Inquiring Online

Just like our title loans, an online loan also allows you to initiate the loan process through our online form. All you have to do is fill out the quick online form on our website and you’ll be contacted by an office location near you that will facilitate the rest of the process. This allows us to bypass gathering your basic information when we meet in person because we will already have it! All that is left is for you to speak to us and schedule your car inspection.

An Online Loan Is Faster And Safer

An online loan can be more convenient for you, the customer, as it allows you to choose somewhere nearby for the in-person inspection. We will also bring all the paperwork you’ll have to fill out with us so you don’t have to worry about ever coming to the nearest store. And if you wonder if the form is safe, we process all of the information you provide securely and confidentially through our website. This means you can feel secure about filling out our online form and meeting us for the inspection.

Begin The Title Loan Online Process

To take out our title loan online, you will need to start by filling out the quick request form. When you do, you’ll be connected with a nearby loan office. Wait for them to call you, and a representative will review the loan process for you. Schedule somewhere to meet that works for you, and the agent will meet you there to perform a quick inspection and assess your other required items. And while we are talking about the required items, please remember to bring along the following items:

  • Your driver’s license or state-issued ID to prove you aren’t a minor.
  • Your lien-free title in your name to use as collateral.
  • Your car that matches the title for the quick vehicle inspection.

It’s paramount that you provide a valid photo ID issued by the government and that your title is lien-free. Be sure to pay off your lienholders if appropriate before you apply; otherwise, we won’t be able to work with you regardless of other conditions. If everything checks out at the meeting, you will find out if you qualify for approval and move on to the paperwork – which we will bring along with us when we meet at your meeting location.

Once we are done with everything and you understand all the loan terms, you can expect to receive your money later that day or on the following business day. Cash Cow offers title loans up to $1,400 that you can use for emergency expenses when you have no other financial recourse! And one other thing to know about our online loan is that you can also repay it online! So you never have to come to one of our stores if you’d rather not.

man reading about title loan online

Get Your Online Loan Today!

When it comes to getting a loan, it is important you know all your options. By now, not only should you be familiar with our title loans, but you should also be familiar with our title loan online! Now that you know about our title loan and our online loan, you can decide whether or not you want to come to the store to get this loan! Now all that is left is for you to begin the process to find out whether you qualify for approval. So fill out the online form now to get started.


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

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.