(800) 250-6279GET CASH IN 24 HOURS WITH A TITLE LOAN IN COLUMBUS, OH
We offer online car title loans of up to 20k with limited credit requirements!
APPLY FOR A TITLE LOAN IN COLUMBUS OHIO
Are you interested in getting an car title loan in Columbus, but not sure what's required? Here in Ohio, all you need is a paid off car or truck, valid registration, and proof of monthly income. Loan amounts start at $2,000 and you can pay off the loan over a period of 1 to 4 years!
Columbus Ohio Title Loans – How They Work
If you’re a resident of Columbus, Ohio, and require quick cash for an emergency, you can take out a car title loan. These secured loans are a novel way to get some money and are secured by your car’s title. This means your car’s equity is what guarantees the money you borrow.
Online title loans allow people to borrow large sums of cash and offer much more than they can get from banks or payday advance companies. Expect a loan of $2,500 or more using your vehicle as collateral, and some companies can offer upwards of $20,000 for high value cars and trucks.
One of the best things about a title loan is that you can get approved with minimal focus on your credit score. Because these loans are secured by your car a lender is less concerned about any recent credit card payments you may have missed. Call Premier Title Loans at 800-250-6279 or apply online to see how much you can borrow with an auto title loan in Columbus!
Requirements For Car Title Loans In Columbus Ohio
If you’re considering taking out a title loan in Columbus, Ohio, there are a few things to know about what’s required. The essential requirements for any secured vehicle equity loan center around proving there’s enough equity in the vehicle.
The vehicle needs to be completely paid off, and you must have a lien-free title. That means no cosigners or additional lenders can claim ownership of your car. While most paid-off cars and trucks will qualify, you have the best chance of approval with a 2014 or newer card with less than 115,000 miles. You’ll need to show proof of valid registration with a recent E-Check notification from the state showing your car passed a smog check. Some companies will also want proof of valid employment and verification that your car has full insurance coverage.
How To Apply For Car Title Loans – Online Or In Person
Gather all the required documents and complete an online application here with Premier Title Loans. We can get started on a quote with your car’s make, model, and year, along with your requested loan amount and some contact details. We’ll start processing your loan approval and look to match you with a local lender in Columbus.
If you’re looking to borrow more than $2,000, there’s a decent chance you’ll need to bring in your car, truck, or SUV for an inspection. During the inspection, your vehicle will be checked for mechanical defects and other cosmetic issues that could lower the resale value. After the inspection and contract signing, you can have the cash sent to your bank account through ACH or direct deposit, or pick up the funds at any Western Union location within the city.
You can always apply with a local title loan company here in Columbus. There are many direct lenders spread out all over Franklin County, and they will all accept your application in person. When you apply with a direct loan provider near you, remember to take all the required documents to save time.
Pros of Taking Out A Columbus Title Loan
– Quick cash funding—Title loans are secured by your vehicle, so you don’t need to wait days for loan approval. With a car title loan, you can get your cash through direct deposit in less than 24 hours!
– No credit check required – Yon won’t need a standard credit check that’s common with installment loan lenders in Columbus. So, even with bad credit, you can still qualify for a loan.
– Keep your car – One of the best things about title loans is that you keep your vehicle and continue driving it while making payments. Any finance company in Ohio should offer this service, and there should be no need to hand over your keys or the vehicle itself as collateral for the loan.
Title Loan Drawbacks:
– High APR – These loans have interest rates that can approach 100%. Auto title loans are expensive; you should avoid them if other lending options are available!
– Risk of Repossession – There’s a realistic chance your car will be repossessed if you default on the payments. That means the lender will take your car as collateral, and you’ll have 30 days to get it back before it’s sold at auction. Residents in Columbus have some local protections in place that allow them to get their vehicle back after this grace period, but even then, you’ll still be hit with towing charges and late fees.
– Loan limits – The amount you can borrow with an Ohio title loan is based on your vehicle’s resale value. Funding amounts are often higher than payday loans, but low value vehicles will lead to a loan amount of just a few hundred dollars
Apply Online For Same Day Title Loans In Columbus, Ohio
Call Premier Title Loans at 800-250-6279 or apply online for an instant approval loan for your vehicle’s equity! We’ll work to get your application approved and funded by a local lender in Columbus in less than one business day. Best of all, the funds are sent straight to your bank account within 24 hours. Apply now to see how much cash you can pull out of your vehicle!