lien-free vehicle title NV

The Loan You Can Get If Your Vehicle Title Is Lien-Free

If your vehicle title is lien-free, you might not realize how valuable an asset it is during tough financial times. We here at Nevada Title and Payday Loans, Inc. offer title loans up to $15,000 that you can use to cover emergency costs. After filling out a quick form and going through the in-person process, you may be approved and get your money as soon as the same day or the following business day. In this article, you’ll discover more information about the loan you can get with your lien-free vehicle title.

This Is The Loan You Get With A Lien-Free Vehicle Title

What Is A Title Loan?

A vehicle title loan is a secured loan that uses your car’s title as collateral. We here at Nevada Title and Payday Loans, Inc. will place a lien on your title while you repay the loan, which we will remove once the loan has been paid in full. Don’t worry about giving up your vehicle, we won’t be keeping that while you repay the loan. We are using the title as collateral, not the vehicle itself. This means you can keep using your car as you wish.

What Can I Use This Loan For?

Before you find out if you are approved for a vehicle title loan, you should definitely know how you should use it. While we won’t ask you specifically why you want this loan, you should know that this loan was designed for emergencies. A title loan is a viable option in situations where traditional financial options aren’t available or just won’t work quickly enough. This means any situation that would get worse as time goes on would qualify. You could use this for the following:

  • Tackling medical bills.
  • Paying for emergency home or auto repairs.
  • Covering rent or utility payments
  • Funding business travel expenses


What Is A Lien-Free Vehicle Title?

Whenever you’re in a rough spot, this is a resource you can consider if your vehicle title is lien-free. What exactly does lien-free mean? If your title is lien-free, this simply means that there are no liens or judgments on your title. This ultimately means you are finished paying off your vehicle and own it outright. We require that your title be lien-free because we won’t be able to put a lien on it if one already exists.

What Do I Need For A Title Loan?

There are, of course, some requirements for procuring a vehicle title loan that you will need to fulfill before we can tell you if you qualify for approval for this loan with us. It’s always good to have these satisfied before you plan on applying so that you’re not holding up the process. So, if you’ve made sure your vehicle title is lien-free, here’s what you’ll need in order to get through our process to find out if you qualify for approval:

  • Your driver’s license or state-issued ID – Proving you are over 18 and legally able to get a title loan is an important requirement. If you don’t have a driver’s license, you can use a state-issued ID with your photo on it.
  • Lien-free title – We need to put a lien on your vehicle title to incentivize repayment on the loan and protect our investment.
  • Your car itself – A loan associate will have to inspect your vehicle to determine what you could qualify for if you are approved. Newer cars will generally offer a higher loan amount. Similarly, cars that have been well maintained are worth more and can thus generally get you a higher loan.

How To Begin The Process With Nevada Title And Payday Loans, Inc.

If you’re interested in using your lien-free title to secure a loan with us, then you’ll be happy to discover that the loan process is simple and quick. To start, complete the online form provided on the website. Once done, you’ll receive a call from a loan representative to discuss the details of the loan, explain what you’ll need, and review the process. You’ll also schedule a meeting with the loan expert in person so that they are able to inspect your vehicle, your car's lien-free title, and your ID.

Keep in mind that we have locations all throughout Nevada, which you can check out on our locations page so you can choose the nearest one. Bring the items to your meeting, and the associate will conduct a short inspection of your car. Once done, you’re all set to wrap up the approval process. If the associate approves you for a loan, you may be able to get the quick cash you need later that day or on the next business day.


Use Your Lien-Free Title For A Loan Today!

If your vehicle title is lien-free, then you’re one step closer to finding out if you can get approved for a vehicle title loan! You don’t need perfect credit to apply and the application process takes around 30 minutes, meaning that – if you are approved – you can get your quick cash sooner rather than later. If a life emergency has knocked you off your feet, then you might consider taking out a loan to help you out. If you’re ready to begin, then complete the online inquiry form 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.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.