How To Get A Title Loan In Lafayette, LA
If you are interested in applying for a title loan in Lafayette LA, the process is easy. You just need to learn how they work, if they are right for you, and make sure you have all the necessary materials. Then you just have to get started on an application with your local Cash Cow and you’ll be all set.
How To Get A Title Loan: The Basics
This guide will help walk you through all the steps on how to get title loans in Lafayette, LA.
Understand How Title Loans Work
If you want to know how to get a title loan, the first thing you need to do is understand how title loans work. These are short term loans that you can use to get emergency cash based on the value of your vehicle.
This is one option to consider if you need quick cash to cover some sort of emergency expense, such as an urgent medical or utility bill, or important repairs to your home or vehicle.
Know If A Title Loan Is Right For You
If you want to know how to get a title loan you should first decide if getting title loans in Lafayette, LA is right for you. There are several advantages that come with applying for a title loan and these include:
- You can apply online with no store visit required
- You can get up to $1,400 in emergency cash
- You can keep your vehicle while you are paying off your loan
- You can apply regardless of whether you have good, bad, or nonexistent credit
Get All The Necessary Materials
The next step is to make sure that you have all of the required materials that you need. Fortunately, there are only a few things that you have to have in order to apply for a title loan in Lafayette, LA. These items are:
- Your driver’s license or another valid form of government issued photo ID. This proves your identity and that you are at least eighteen years old or older.
- The lien-free title to your vehicle, to help determine the value of your loan.
- Your vehicle itself so that a loan specialist agent can inspect it and determine the value of your loan.
Start Your Application
You can start applying for a title loan in Lafayette, LA by filling out the online inquiry form. This will collect your basic information and send it to the store. Soon after, you will get a call from a loan specialist agent at the store.
You can also skip this step and call the store directly. During this call, you will set up an appointment. This can be at your nearest Cash Cow store, or you can choose to meet your loan specialist agent at a location convenient for you.
Drive Away With Your Cash In Hand
When it is time for your appointment, you will be greeted by your loan specialist agent who will then perform a quick inspection of your vehicle. They will determine the value of your loan based on the value of the vehicle’s title according to a nationally recognized guidebook.
Once this is done, they will help you finish the application, and you can drive away with your fast cash that same afternoon.
Frequently Asked Questions
If you are thinking about applying for a title loan with Cash Cow, you probably have some things that you are curious about. These are the answers to the most common questions that people have about how to get a title loan.
Does Your Credit Score Matter?
Your credit score is not important when you are applying for a title loan with Cash Cow. You can apply with good, bad, or nonexistent credit.
Do You Need A Checking Account?
You do not need to have a checking account when you apply for a title loan with Cash Cow. This is one of the reasons why this can be a convenient option.
Do You Need A Driver’s License?
You do not need to have a driver’s license, but you do need to have some sort of valid photo ID.
What If Your Car Is Not In Your Name?
You do have to have your car’s title be registered under your name. If the car is registered under somebody else’s name, you will have to take a trip to the DMV and have them transfer the title over to you.
How Long Does It Take?
It does not take very long at all. Once you arrive at your Cash Cow location, you can walk away with your money in your wallet in as little as half an hour.
Final Thoughts
These are the simple steps to take on how to get a title loan. You can 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.