What Do I Need To Qualify For Title loans Lafayette, LA?
When you want to get your hands on one of the title loans Lafayette, LA has to offer, look no further than us at Cash Cow. You only need a few things to find out if you can qualify, and the entire process is straightforward from start to finish. You need to be at least 18 years old, with valid identification, a lien-free car title, and your car ready for inspection to find out if you can qualify for a title loan with us in Lafayette.
You can still quickly find out if you can qualify for this loan even if you have good or bad credit. You don’t even need a checking account to qualify, and you can use another state-issued photo ID if you currently don’t have a driver’s license. Keep reading through this quick article to dive deeper into what you need to find out if you can qualify for a Lafayette title loan through us at Cash Cow in Louisiana today!
What Items Do I Need To Qualify For A Title Loan?
The good thing about us at Cash Cow is you only need to meet a few requirements when applying for title loans Lafayette, LA. We’ve kept this list short because we want to make sure you have everything you need to find out if you are qualified quickly. And one of the many good things about our title loans is that you can begin the loan process as soon as you meet all of the required items below. Here are the four qualifications you need to meet find out if you can qualify for a title loan:
- Minimum Age: First and foremost, you must be at least 18 years old to apply for a title loan. That’s a strict requirement, so it doesn’t matter if you’re a few hours or days shy of your 18th birthday.
- Identification: Next, you must be able to provide valid identification. You can use your driver’s license when applying. But if you don’t have one, you can also use whatever state-issued ID you have.
- Vehicle Title: Naturally, you’ll need a vehicle title to apply for a title loan. More specifically, it must be a lien-free car title and in your name. That title will serve as the collateral to secure the loan.
- Car Ready For Inspection: While the car title secures the loan, the thing that determines how much you can borrow is the car itself. That’s why you must bring the car in for an inspection to determine its value and, by extension, how much you can borrow if approved.
What Is A Lien-Free Car Title?
A lien-free car title is one that doesn’t have any current judgements or outstanding loans against it. In some cases, you might refer to the title as being ‘clear’. To put it simply, you must own the car outright – which means you are completely finished paying it off – to get title loans Lafayette, LA. If that’s not the case, or your name is not on the title, you’ll have to clear the title before you can proceed. That means you might have to go to the DMV to make any changes to the title.
Should I Get My Car Ready Before I Come In?
One thing you should do before you come see us is get your car ready. As we said, we use your car’s value and condition to determine how much we can lend to you. This means you should do your best to make sure you car is as well maintained as possible. You should make sure there are not major dents, bumps, or scratches to your interior or exterior. You should also make sure your car’s engine are working properly.
Must I Have A Driver’s License For Title Loans?
You don’t need a driver’s license to apply for title loans Lafayette, LA. However, as we said, you must provide some form of state-issued photo ID to continue. Your identification is a critical requirement because it helps the loan representative verify your information, such as your ownership of the vehicle and its title. Your ID also helps to make sure you are a legal adult. We are not allowed to give a loan to a minor, so we need to make sure you are at least 18.
How Do I Get Started With A Title Loan?
Now that you know the required items, you can begin applying for a title loan with us. The process starts with you getting in touch with the nearest Cash Cow location. You can either contact your nearest location directly on the phone or just complete the simple online request form found on our website. Soon after sending that form in, you’ll get a call back from a friendly store representative who will explain the entire process to you.
They’ll make sure you understand the requirements and the process and answer any questions you ask them! Then, you’ll meet the representative in person so they can inspect your car and check your documents. After finalizing your application, they’ll let you know if you qualify for the loan and how much you can borrow. You’ll get your cash quickly, either on the same day or by the next business day. Best of all, you get to keep driving your vehicle even if your loan is approved!
The best time to get one of the title loans Lafayette, LA has to offer you is right now, and you can start immediately with us at Cash Cow. And now you know what kind of items we are required to see to let you know if you qualify for approval. We’ve made sure you can get as prepared as possible before you begin the process. So once you have the required items ready, call your preferred location or fill out the simple online request form to jumpstart the 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.