Can I Keep Driving My Vehicle If I Get A Car Title Loan?
A car title loan is appealing to many people who need emergency cash, but one of the biggest issues people worry about is whether they get to keep their car during the repayment period. After all, having a vehicle to get to and from work is essential. So, can you get a title loan and keep driving the car? The answer just might surprise you!
The good news is you are able to get a title loan and keep driving your car, as long as you’re getting your loan from a reputable lender like us at Cash Cow in Louisiana. Always read the terms and conditions carefully to make sure you get to use the car when you get a loan with car title today. Also, make sure you know what kind of vehicles we allow – since we don’t allow just any.
You can certainly get a car title loan and still drive your car, but you should always stick to the repayment schedule agreed upon when you get your loan with one of our loan representatives. Of course, this question probably needs more explaining, so check out this guide to understand just how you can keep your car and still get a title loan with us right now.
Who Keeps The Car When You Get A Title Loan?
The biggest question most people have when they’re looking into getting a loan with car title is who gets to hold onto the car. Most people don’t want to get a car title loan if they don’t have the use of their vehicle. But the truth of the matter is that we here at Cash Cow will still let you drive your car during the loan repayment period!
When it comes to getting a loan with a car title, we are not interested in taking away your mode of transportation. The only thing you have to hand over is the title to the car, and that’s just temporary collateral until you repay the loan. As soon as you repay the loan in full, we will remove the lien and will return the title to you right away. It is as simple as that to fully understand the title loan requirements.
Now, when it comes to vehicles, you should know that we don’t allow you to use just any vehicle. If you planned on using the title for a boat, motorcycle, or trailer, you will be sadly disappointed. We do not allow titles from these kinds of vehicles. We do, however, allow you to use the title of a car, minivan, pickup truck, or SUV.
What Exactly Does A Lien-Free Title Mean?
A car title loan uses your vehicle’s lien-free title as collateral for a lump sum of money. You might be wondering what a lien-free title even means and how you make sure you have one. Well, a lien-free title is a vehicle title free of any outstanding liens or judgments. This means you’ll need to make sure that any current judgments against your car are dealt with before you come to see us.
Your title will usually have a lien on it if you aren’t finished paying for your vehicle. You’ll need to finish making your vehicle payments and loan payments to make sure the title is clear. Once you make sure your title is free of any liens, we will assess it and decide if you qualify for approval. If you do, you will need to hand over the title of your vehicle for the duration of the loan period.
How A Title Loan From Cash Cow Louisiana Can Help You
If you’re struggling to find a reputable company to get a title loan from, then look no further than Cash Cow. With us, you can get a title loan for anything between $300 and $1,400, and getting started with the process is simple. Give us a call or use the online request form to get the nearest Louisiana title loan location and your contact information so we can give you a call.
Our representatives are capable of helping you work out your needs. You’ll need to meet up with a representative at an agreed-upon location for a vehicle inspection. Make sure you bring along your valid form of state-issued ID or your driver’s license and the title to your vehicle. If approved, you’ll fill out the paperwork. You can get the money on the same day or the next business day.
Submit An Inquiry With Cash Cow Today!
If you’re struggling to pay off emergency expenses that are dragging you down, contact Cash Cow today. We can help you understand your options for a loan with car title and get you started. Using your vehicle’s title for a title loan is a great way to get the quick cash you need to handle life’s biggest financial burdens, so call or fill out the online form to get started 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.