How to Get a Title Loan Without a Job
March 18, 2021 | Emma Frost
Wondering how to get a title loan without a job? It's easier than it sounds. Read on to find out more about how a title loan can get you through.
Here’s How to Get a Title Loan Without a Job
What Is a Title Loan?
First of all, let's take a look at the definition of this loan type.
A title loan is a short-term financial solution that allows you to borrow a certain lump sum of money based on the value of your vehicle. Generally speaking, the "vehicle" in question will be a car but it can also be a truck or a van.
Depending on the specific amount you receive, you'll be required to pay it off over a couple of months.
Getting a title loan without a job is quite easy. The only requirement for a title loan is that you're over 18 years of age and are the full owner of a car, van, or truck. As long as you can afford to repay the loan, your employment status isn't scrutinized. While a loan isn’t guaranteed, your chances of getting a title loan are usually better than a traditional loan especially if you are unemployed.
This is a different concept if you are used to traditional loan styles. So, to better understand, it's worth discovering how title loans work.
Here's How Title Loans Work
Title loans use your car, truck, or van as collateral so the lump sum you qualify for depends on the value of this vehicle. With our Nevada title loans, you can borrow up to $15,000.
They are short-term solutions. Your financial environment and lifestyle will also be taken into account to ensure stress-free budgeting.
What Do You Need to Get a Title Loan Without a Job?
To get a title loan without a job you need these four things:
- Be over 18 years of age
- Own a vehicle
- Have a lien-free title for that vehicle
- Have a driver's license or another form of state-issued photo ID card to hand
The Benefits of Title Loans
Before you move on to the application process, take a moment to familiarize yourself with the benefits.
1. You Can Keep Your Car While You Are Repaying The Loan
Even though people may tell you otherwise, you are able to keep your car while you're repaying the loan. You can use it as little or as often as you would like since the title loan lender doesn't own it!
Your car is only used as collateral so you don't have anything to worry about when you repay the loan on time.
2 Reliable Way to Get Cash Quickly
With our streamlined title loan application process, you can receive your money in as little as half an hour! When you're under a lot of pressure, you don't want to be bogged down further by miles of paperwork. Title loans are a no-headache alternative to standard loans.
3. Less Weight Is Placed on Your Credit Score/Financial History
The majority of loans ask that you have an average to perfect credit score. This is near-on impossible for many.
Car title loans allow you to get access to money when you need it most by simply owning a car, instead of having a flawless credit history.
4. Application Process Is Easy to Understand
The process is simple and can be started from your own home. Following our step-by-step guide below makes it even easier!
The Process for How to Get a Title Loan Without a Job
Here at Nevada Title and Payday Loans Inc, we've worked hard to streamline our application process so you can skip most of the boring bits and get straight to the borrowing. The whole process can be finished in a mere 30 minutes. Take a look below:
- Go to NevadaTitleAndPaydayLoansInc.com home page.
- Fill out the form found on our website. It will only ask for basic information so it should take around 5 minutes.
- Within a few moments, one of our friendly loan representatives will give you a call. They will talk you through the rest of the process, tell you about the documents required, and answer any questions.
- Following the phone call, head to your nearest Nevada Title and Payday Loans Inc storefront with your vehicle, your lien-free vehicle title, and your driver's license.
- Wait while a loan specialist evaluates your vehicle and documents. This helps him/her to decide whether you'll gain approval.
- If you are approved, you will be asked to sign some documents.
- Once everything is signed, you will receive your money on the same day!
Get a Title Loan Without a Job Today
That is how to get a title loan without a job! If you still have questions, look at our title loan FAQs page and don't hesitate to get in touch. For emergency cash when unemployed, our title loans could be an option to help you through.