MICHIGAN TITLE LOANS
WITH NO STORE VISIT!

How Do Car Title Loans Work In Michigan

So, you need money quickly? A car title loan might be an excellent option if you can’t get approved by traditional short-term lenders. As long as you have a car with a clean title that’s paid off, you can get cash here in Michigan with Premier Title Loans. All types of vehicles can qualify for a loan of 30% to 60% of the vehicle’s value, and you can apply online or by calling us at 800-250-6279.

A title loan is granted using your car’s title as security against the borrowed funds until a borrower repays them. The best part about this kind of secured loan is that most lenders in Michigan will not check your credit history! So, if you have fair or bad credit, don’t worry; the most critical factor in determining your qualifying status will be your vehicle’s value and ability to repay the loan. The more your car is worth, the more cash you get with online title loans. Loan amounts range between $2,000 and $50,000, and you can sometimes get same-day approval and funding.

How To Get A Title Loan In Michigan

First, you must find a decent title loan company licensed to provide online title loans in Michigan. Apply directly with Premier Title Loans to be matched with a local lender near you in the Great Lakes State! We work with many licensed companies in Michigan, and we’ll work to find you the best payment terms with competitive interest rates. You can always apply directly with companies in your neighborhood, which means fast funding with a lender you’ve met in person. Whichever method you choose, we recommend reading reviews from previous customers and comparing multiple quotes to get the best deal.

Once you’ve received a few estimates, check out each company’s lending terms to see if they provide fund approval for car title loans in Michigan. Most reputable lenders that fund title loans(even the ones outside of Detroit in Lansing or Flint), will let you know within minutes if you qualify so that you can get cash immediately online or from any of their agents in the Greater Detroit Area.

Are you looking to get approved and funded for a title loan in less than 24 hours? That time frame is possible in Michigan, but you’ll still need to bring in your car or truck for an inspection at any retail location within the state. This inspection is necessary to confirm the vehicle exists and matches the current resale value of similar cars and trucks. During the inspection, your vehicle will be checked for cosmetic and mechanical issues, and your lender will also verify the current mileage and VIN.  The inspection process takes about 45 minutes, and sometimes you can get your funds right after the car is inspected and you sign the loan contract.

The Best Car Title Loan Companies In Michigan

With so many options in Michigan, choosing which title loan lender you should go with can be tricky. We recommend that you consider borrowing from any licensed company that offers car title loans in Ann Arbor and Detroit. The most reputable services offer well qualified borrowers up to $50,000 with interest rates starting at 40%.

However, it would help if you remembered that all lenders have different lending criteria and eligibility requirements depending on their underwriting standards. If they provide instant approval car title loans in Detroit and Grand Rapids, this usually means they will approve you for a lower amount than if they require further documentation before approving your loan request.

Requirements For A CAr Title Loan In MI

You must show proof of paid off vehicle with a lien free car title. A vehicle with an active lien or current loans will not be accepted for a title loan in Michigan. Besides the pink slip, expect to hand over the following documents when applying:

• Government Issued Photo ID
• Proof of steady income
• Proof of vehicle registration from the Michigan DMV
• Proof of residency in MI
• Up to date vehicle registration and insurance documents from the Michigan Department of State
• Photos or videos showing the vehicle status include the current odometer reading.

Many lenders can process and approve everything online, meaning the underwriting is streamlined to where you can receive your funds in 24 hours or less!

Getting cash with title loans in Michigan is not tricky at all!

Gather the required paperwork and submit your application online with Premier Title Loans or any lending location. Some companies won’t need all the different documents if they offer title loans without income verification, but those offers are rare. Once you do that, you will receive a call or email notification; the next thing you know, there could be a final approval! Your cash will be sent by direct deposit to your bank account, or you can have it sent through a money order that same day.

Submitting your paperwork and having your loan underwritten can take less than an hour; faster timeframes are possible if you apply with a direct lender in person!

Call Premier Title Loans at 800-250-6279 or apply online to get started with a same day vehicle title loan in Michigan.