woman needs a car title loan for the unemployed

How To Get Fast Car Title Loans For The Unemployed With Bad Credit

If you're looking at title loans for unemployed people with bad credit, you're probably considering car title loans as your primary option. That's because instant car title loans are one of the fastest and easiest ways to get money from a lender when you're out of work or have a poor credit rating.

So, how do you know whether you need a vehicle title loan, and what steps do you need to take if you do? Let’s take a look below.

Do You Need Loans For The Unemployed With Bad Credit?

Are you one of those people who needs loans for the unemployed with bad credit- hence needing a bad credit loan? If so, don't feel bad because you're not alone. There has been an entire industry created for consumers just like you. Thus, it's important to use your resources and act fast once you find a solution. Here are three ways to tell whether this is the personal loan option is right for you:

Your Credit Score Is Below 600

Most traditional banks won't give people loans unless their credit rating is at a certain level. In general, that level is anywhere above 600-650. Plus, a consumer's debt-to-income ratio is also considered, as well as the age of their profile and the types of loans in their name.

You're Not Sure When You'll Work Again

Today's job market is rocky, to say the least, so a lot of people are out of work with no end in sight. But despite the challenges, bills still pile up and need to be paid. The inability to pay bills on time can damage your already bad credit even more, creating a dangerous snowball effect unless you get a loan.

You've Got Serious Expenses Adding Up

Being broke is no fun, especially not when the bill collector comes knocking. It's also not fair that consumers can't find help easily unless they've had great luck with money their entire lives. Either way, unexpected expenses can pop up at any time, making it impossible to survive without financial assistance.

If any of those scenarios describe your situation, it may be time to consider options other than stress.

5 Tips For Getting Loans For The Unemployed With Bad Credit

Some loans are fast and efficient ways of getting large sums of money when you need it the most, but there are a few things you'll want to know ahead of time, especially if you plan to pawn your car title for money:

  1. Instant Car title loans require the vehicle ownership documentation to be in the borrower's name. So, take care of any official paperwork or title transfers before submitting your application.
  2. You must be at least 18 years old to qualify for vehicle title pawns in most states, including Louisiana. There are no exceptions either, even if there's a guarantor.
  3. The condition of your car will affect how much money you get to borrow. For example, non-operational vehicles might not beckon as much cash as newer, better-running automobiles.
  4. You can get as much as $1,400 per loan if you and your vehicle qualify. The requirements are small, and the inspection is short to help you get in and get out with money faster.
  5. Cash Cow lets you keep possession of your vehicle after the loan is initiated as long as you keep the contract in good standing.

It's important to pick the right source for your title loan needs because not all lenders are the same. Some lenders make the process more complicated than it needs to be, but Cash Cow works to simplify things for your convenience.

calculating car title loan for unemployed

Getting Car Emergency Title Loans For The Unemployed With Bad Credit

Believe it or not, you don't have to jump through a bunch of hoops to get a decent loan despite being unemployed with bad credit. In fact, only 3 car title loan requirements are standing in the way of your financial freedom:

Step One: Submit Your Application Online In 5 Minutes Or Less.

Go to the Cash Cow website to fill out a short intake application. You can complete it within minutes and get a preliminary answer in about half an hour. A loan agent will then schedule a time to meet for the other steps, so be ready for the call.

Step Two: Collect Your Required Items For Faster Processing.

When the agent shows up, have your questions ready. Keep in mind that there are only a few things you'll need to provide and complete during the qualifying round, including a few documents. Here's what the agent will ask for:

  • The vehicle itself to conduct a quick inspection
  • The lien-free title of the car
  • Your government-issued driver's license or photo ID

Step Three: Use Your Money Wisely.

You might also get asked for verification of your banking account because your money will be deposited the same day or the next after your consent. Once it hits your account, use it to pay for vital expenses. 

Get A Quick Title Loan Without A Job Through Cash Cow Louisiana

Getting approved for substantial, quick title loans when you're out of work with a bad credit score doesn't have to be stressful. Review our car title loan requirements to discover exactly what you need to apply! 

When wondering how to get emergency title loans for unemployed from Cash Cow Louisiana, use the online form 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.

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.