APPLY ONLINE FOR A
PINK SLIP CAR LOAN!

How Do Loans For Pink Slips Work

Getting a short term loan can be difficult, especially if you have bad credit or a spotty payment history, and good luck borrowing more than $1,000 without collateral backing up the loan. Now, there’s a more straightforward, hassle-free way to get fast money with just your vehicle’s title acting as security! A pink slip loan allows you to keep driving your vehicle while you hand over the pink slip or “car title” for the lender to hold as collateral for the secured loan.

These instant online car title loans typically allow you to borrow around 50% of the car’s value and pay it back over time. Some lenders offer higher equity percentages if you bring in the vehicle for an in-person inspection!

The lure of this type of financing is that you can borrow a more significant amount than what’s typical with unsecured loan offers like a payday loan or even a loan from your bank. Some customers can borrow upwards of $15,000 with just the equity from the vehicle acting as collateral! Pink slip loans are great for someone with poor credit, but they’re not recommended in every situation, and it’s far better to get a conventional loan that doesn’t require a vehicle if you qualify. Read on to see how these loans work and what you need to qualify.

How Can I Get A Pink Slip Title Loan

Once you decide a pink slip is best for you, these loans are easy to get and you can qualify with a 2012 or newer car or truck as collateral. Now, you’ll have to live in a state where online title loans are permitted, but if your state allows them, you can apply and be approved in less than one business day.

Pink slip loans from Premier Title loans range from $1,000 to $30,000. Compare that to the average loan amount from registration loans, which is less than $1,000! You’ll have a fixed interest rate with a pink slip loan, and full-time employment is not required for approval, so anyone can get one. Other than your car’s title, you only need proof of income, registration, and vehicle insurance to qualify.

Do you need cash today, and are you ready to see how much equity you can cash out of your vehicle? Call Premier Title Loans at 800-250-6279 or apply online to get started on a pink slip loan application. We’ll get you a no obligation quote in 15 minutes or less, and all we need is your vehicle information to get you an estimate.

Loan Amounts From An Instant Pink Slip Lender

The funding amount varies from client to client as various factors influence what you can borrow when using a vehicle title as collateral. Pink slip title loans will generally require a car with a clear title that has been paid off, and based on that, you can expect a loan amount of $1,000 to $20,000.

You can’t have any other liens or loans on your car title, and the car also needs to be “newer” and in good condition with generally low mileage to have a fair resale value. If your vehicle no longer qualifies for a standard pink slip loan, the good news is that some lenders allow those with low vehicle values to take out online title loans, albeit at a lower amount with a higher APR. In some states, such as Florida and Texas, you can qualify for title loans at $1,000 or less!

Pink Slip Car Title Loans With Bad Credit

Pink slip car title loans are designed for people with bad credit and those who can qualify for an unsecured loan. You’ll still need to verify your past payments and loan information, but we understand that not everyone has a perfect credit score. Poor credit won’t cause you to get denied a loan on your pink slip and there’s a realistic chance we won’t even check your FICO score! Instead, we look at your vehicle’s equity value when underwriting your loan!

Unlike financing offers from banks, credit unions, and personal loan companies, we know that most applicants for pink slip loans have bad credit and have already been rejected by other short term lenders. If you own a vehicle outright and have valid registration, insurance coverage, and proof of income, you should qualify even with a bad credit score!

Apply For Instant Pink Slip Loans Near Me Or With A Lender Online

However you choose to apply, we highly recommend researching the best secured lending offers for your unique situation. A neighborhood lender can make you feel more comfortable with the situation and lets you see the paperwork and loan details in person. You’ll be able to add them as a lienholder to your pink slip without involving the DMV, which can save you a few days’ worth of underwriting! Compare that to an online service that can quickly process 24 hour title loans online. There’s also the possibility that a neighborhood lender might get you cash within an hour of your loan approval, as they don’t need to wait for ACH or direct deposits to clear.

When you apply for a pink slip loan online with Premier Title Loans, you can skip most paperwork requirements and instead focus on getting the best quote for your vehicle’s equity. There’s no need to track down paperwork when the main requirement is your car’s pink slip that shows the vehicle is paid off and titled in your name. Each situation is different, but applying for online title loans can be much quicker, and you can wrap everything up in an hour or less without the hassle of meeting with a lender in person.

All loans have different payment requirements and terms, so it’s best to apply directly with Premier Title Loans to get an estimated loan amount and see your repayment terms. Take advantage of our quick online application process today, and we’ll do our best to get you cash with a pink slip car title loan! Call 800-250-6279 or apply today to get started!