Fast Loans in New Orleans with Title Auto Loans and Payday Loans

May 19, 2021 | Louis Tully

African-American female got a fast loan in New Orleans

If you’re strapped for cash and need to get some ASAP to handle some financial problems, you might want to look into getting a fast loan.

There are several types of fast loans in New Orleans you could get, with title auto loans and payday loans being the most popular options.

All You Should Know About Fast Loans in New Orleans

What Are Title Auto Loans?

Title auto loans are secured short-term fast loans for car owners. Secured loans call for the potential borrower to provide a guarantor or put up an asset as collateral.

With title loans, you can get cash for title which will serve as collateral – which is why you need to own the car in question outright (it cannot be financed and there cannot be any outstanding financial obligations against it.)

What Are Payday Loans?

As opposed to title loans, payday loans are unsecured loans. This means there’s no need for a guarantor/collateral. Payday loans could be an optimal option if you need quick cash but aren’t a car owner.

How Do I Qualify for Fast Loans in New Orleans?

Qualifying for fast loans in New Orleans is simple. Cash Cow Louisiana, Inc. has only a few qualifying requirements for both types of loans.

Here’s what you’ll need for title loans:

  • Your state-issued ID or driver’s license for the lender to verify your identity and age (you must be 18+);
  • Your car to act as collateral – its value will determine the maximum loan amount you can qualify for (at Cash Cow Louisiana, Inc. it can be anywhere from $300 to $1,400);
  • Your car’s lien-free title in your name to prove you outright own your car.

Here’s what you’ll need for payday loans:

  • Your state-issued ID or driver’s license for the lender to verify your identity and age (you must be 18+);
  • Proof of income – typically your most recent pay stub but there can be alternatives depending on circumstances;
  • A blank check from an active checking account in your name.

Can I Get Fast Loans in New Orleans if My Credit Is Bad?

Yes, you can. All credit types are welcome to apply for fast loans in New Orleans. Whether your credit is good, bad, or outright nonexistent – you can qualify for both title auto loans and payday loans, as long as you have the required items in order.

Can I Get Fast Loans in New Orleans if My Income Is Irregular or I’m Unemployed?

Being employed and having a regular paycheck isn’t a qualifying requirement when it comes to title loans.

Unlike title loans, payday loans do typically require you provide your most recent pay stub. But if your employment situation is complicated or you’re currently unemployed, the lender might be able to accommodate your situation if you provide alternative proofs of income.

Income sources such as unemployment and welfare benefits, compensations, pensions, even savings can be considered for alternative means of payment at Cash Cow Louisiana, Inc.

Do ask the loan representative you’ll be working with about the documentation you’ll need to provide during the initial phone call. They’ll be able to accommodate your situation better if you don’t blindside them and provide them with correct documentation from the get-go.

Will Getting Fast Loans in New Orleans Impact My Credit History?

No, getting fast loans in New Orleans won’t impact your credit in any way. For the loan information to go on your credit report, it needs to be reported to credit bureaus by the lender. Cash Cow Louisiana, Inc. doesn’t report the loan information to any credit bureaus, so it remains entirely between the you and us.

Female checking her credit history for a title auto loan

How to Get Fast Loans in New Orleans

What matters the most is that you get the required items in order before applying. If you have the required items on hand, getting either title auto loans or payday loans should be a breeze. You won’t even need to visit the store to start the application process. You can do it online.

  1. Find a short inquiry form for either title loans or payday loans, fill it out, submit, and wait for it to get processed.
  2. When the form gets processed, you’ll get a call from a loan representative. They’ll provide further instructions and answer any questions you might have.
  3. You’ll need to take the required items to the meeting the loan representative sets up. They will assess everything during your meeting and determine 1) if you qualify for the loan; 2) how much cash you qualify for.
  4. If you get approved for the loan, you’ll finish up the paperwork on the spot and get the cash the very same day.

On average this procedure takes around 30 to 45 minutes both for title auto loans and payday loans.

Submit Your Inquiry Today!

Getting fast loans in New Orleans is easy if you go after payday or title loans with Cash Cow Louisiana, Inc. All you need to get the process started is fill out a short inquiry on our website – and our friendly loan specialists will be glad to assist you with the rest of the process so that you get your cash in as little as 30 minutes.