Apply for Title Loans in Durham, North Carolina

Where Can I Get a Title Loan in Durham, North Carolina?

Borrowers that live in Durham, North Carolina, could simply apply for a car title loan from the comfort of their homes! With a ChoiceCash title loan serviced by LoanMart, you could inquire online from a smartphone or computer. 

To get started, just take advantage of a flexible and convenient approval process that might only take a few minutes to complete! Go online or call a ChoiceCash title loan agent at 855-422-7402 to see how you can inquire about title loans in your city!¹

How Do Car Title Loans Work in Durham, North Carolina?

An auto title loan in Durham, North Carolina, is a type of secured loan. That means you secure money with your car title instead of just your credit history. With a car title loan, your car’s title will be the collateral for the loan. 

When applying for a car title loan in Durham, North Carolina, these two factors will matter the most: 

1. Your Ability to Repay the Loan

2. The Value of Your Vehicle

While your credit history is still considered, it may not hold as much weight during the approval process as those two factors. Collateral can often make the approval process for a car title loan more flexible than an unsecured loan. Title loan lenders require a vehicle title to ensure borrowers will repay their loan amount in full. When you begin the repayment process, lenders will place a lien on your title until you complete your monthly payments in full. If you default and fail to pay off a title loan, the title loan lender can repossess your car and sell it to recoup their money. Once you satisfy your payments, the lender will remove the lien from your car title.¹

Be aware that a lien on the title doesn’t mean you’d lose access to your vehicle! When you inquire about a ChoiceCash title loan in Durham, North Carolina, you can keep your car while you repay the loan! However, you must make consistent, on-time payments to maintain this privilege. 

Can I Get an Auto Title Loan Without Bringing in My Car? 

The answer to that question is yes! Since you could inquire about a ChoiceCash title loan online, you can get an auto title loan without bringing your car into a physical location in North Carolina! A vehicle inspection is required to apply for a car title loan. 

However, you can replace the need to show your vehicle in person by simply taking a few photos of it. That’s it! Just make sure your pictures are clear and visible, plus include the following angles of your car:

• The Front
• The Rear
• The Driver’s Side Door
• The Passenger-Side Door
• Vehicle Identification Number (VIN #)
• Odometer Reading (Usually Located Close to the Speedometer)

Once the images are ready, you could upload them through the online portal. Dial 855-422-7402 to speak with a ChoiceCash title loan agent if you have further questions about this part of the title loan process. 

How Do I Get a Durham Title Loan?

To get approval for online title loans in Durham, North Carolina, you will need to meet some initial requirements. Car title loans are generally flexible in terms of loan approval, but there are requirements and qualifications that each borrower must understand. Initially, you will still need to meet the following criteria:¹

• Have a Clear Vehicle Title in Your Name
• Provide Proof of Reliable Income or Alternative Income
• Have Enough Available Equity in Your Car
• Be at Least 18 Years of Age or Older to Qualify

You may worry about having the “right” job to prove you can afford an auto title loan, but don’t stress! As long as you have an alternative source of qualifying income, you could still meet the income requirement for a car title loan.

What if you don’t know your car’s current equity? That’s fine! Thankfully, there’s an online calculator tool available for title loan borrowers to quickly acquire an estimate with a no-obligation quote. You would only have to input a little bit of information about your vehicle to use the online tool. Once you obtain an estimate, you can proceed with your loan inquiry.

Do I Need Documents to Apply for a Car Title Loan in Durham, North Carolina?

A ChoiceCash title loan representative will ask you to submit some documents as part of the approval process for an auto title loan. These documents can help title loan agents verify your information and speed the loan process along! People could worry about finding the right paperwork, but don’t stress! They are documents that you could simply find lying around your house or car. 

To get approved for a title loan in Durham, North Carolina, or surrounding cities like Raleigh and Greensboro, you’ll need to provide some documents for verification. While specific requirements may vary by state, here’s a general list:¹

1. Proof of Residency in Durham, North Carolina
2. A Car Title in Your Name
3. Verification of Income
4. Some Professional or Personal References
5. Proof of Valid, Government-Issued Identification

If you qualify, you could finally access the money you need for financial relief!¹ Contact a ChoiceCash title loan agent if you have questions or concerns about this step in the approval process.

Will I Go Through a Credit Check When I Inquire About Auto Title Loans in Durham, North Carolina?

While your credit history isn’t the main focus during the inquiry process, a title loan lender will still consider your credit profile. If you agree to proceed with the loan agreement, your credit will go through a credit check during the approval process. Although it can set back your credit score by a few points, it could improve with time and effort on your part. 

As long as you have your car title and proof of income, you may still be able to qualify for a title loan in Durham, North Carolina, even if you are not confident with your credit history.¹

What Types of Income Qualify for a Title Loan in Durham, North Carolina?

There are different ways to earn a living in Durham, and many of them are not with a regular 9-5 office job. In fact, there are over 964,000 small businesses in North Carolina alone! If you have an alternative income or do not have traditional employment, you may not qualify for some loan types in Durham. Fortunately, a ChoiceCash title loan can cater to borrowers with alternative income sources.¹ 

Some of the most acceptable alternative forms of income you can use for a Durham title loan are:

1. Bank Statements
2. Settlement Income
3. Pay Stubs
4. Worker’s Compensation
5. Retirement/ Pension Income
6. Social Security/Supplemental Security Income
7. And More!

If I Have Multiple Vehicles, Which One Should I Choose for a Car Title Loan?

Borrowers with more than one car can submit information on multiple vehicles to see which one has the most value. Perhaps you should examine each car and its value if you’re looking for a considerable loan amount. One of your vehicles could be close to what you prefer than the other. 

If you have multiple cars to choose from, it may be a good idea to explore your options. There may be a possibility that one of them could give you a higher loan amount than the other. With the online calculator tool, you could find that information quickly! You could get an estimate on your vehicle’s equity and determine which car works for you!¹

Don’t hesitate to dial 855-422-7402 if you need assistance. A ChoiceCash title loan representative could help clarify any questions you may have. 

What are the Benefits of Online Title Loans in Durham, North Carolina?

Since your car’s title helps secure your loan, you could expect certain perks. Durham borrowers could anticipate the possibility of exclusive benefits when inquiring about a ChoiceCash title loan in North Carolina!¹

Take a look at some of those potential benefits: 

• Competitive  Interest Rates¹
• A Quick and Convenient Approval Process¹
• Incredibly Quick Funding!¹
• Payments That May Decrease²
• No Hidden Fees or Prepayment Penalties
• Keep Driving Your Car While You Pay Off the Loan
• Bad Credit Isn’t Always an Issue!¹
• Exceptional Customer Service for Durham Residents

Find out if you can reap the benefits of a car title loan by starting the inquiry process today!¹

What is the Approval Process for a Title Loan in Durham, North Carolina?

Ready to see if your vehicle can qualify for an auto title loan in Durham, North Carolina? You could take advantage of a quick and straightforward approval process with a ChoiceCash title loan! Take a look at the three simple steps you must complete to acquire emergency cash:¹

1. Submit a Car Title Loan Inquiry Online, or Over the Phone with a ChoiceCash title loan representative at 855-422-7402
2. Send in Your Required Documents
3. Get Your Cash if You Qualify for a Title Loan in Durham, North Carolina

If you qualify for funding, you could choose from a few different ways to collect your money. You could either get your funds deposited directly into your debit card, through a direct deposit to your bank account, a check in the mail, or pick up your cash at any participating money transfer location nearby.