How Can I Use My Title Loan Funding in Greensboro, North Carolina?

Greensboro, North Carolina, is considered the second most affordable town in N.C.! However, no one is immune from financial emergencies.

There are plenty of reasons the residents of Greensboro, North Carolina, may need quick cash. Below are ways you can potentially use your title loan funding:

  • Paying Rent
  • Debt Consolidation
  • Medical Bills
  • Travel Arrangements
  • Wedding Arrangements
  • Veterinary Bills

You’re not alone if you need help with your money this month. The recent inflation rise has hit the country hard, with more than half of all Americans currently living paycheck to paycheck. The poverty rate is up to 18.4% in North Carolina and steadily increasing. On top of that, the average cost of rent in this area is around $1600. When you can’t pay your rent or bills on time, you risk hurting your credit. That can make life difficult for you in the future.

Inquire about a ChoiceCash title loan serviced by LoanMart for potential access to quick funding! You may obtain approval the same day as inquiring. Start today by filling out this inquiry form or calling 855-422-7402 to speak with a ChoiceCash title loan representative!1

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

An auto title loan can allow qualified applicants to put up their car as collateral for the loan.

By doing so, applicants can borrow a percentage of their car’s value and turn it into funding they can use. Since the vehicle title is used as collateral for the funds, the loan is secured.

Title loan lenders will place a lien on the title during the repayment process. Once you pay the loan back in full, lenders remove the lien. The main requirements for a title loan are that a borrower must:

  • Have Some Positive Equity In Their Vehicle, and
  • Can Demonstrate The Ability To Repay the Funds

If you miss monthly payments and default on your loan, you risk vehicle repossession!

How Can I Apply for a Title Loan in Greensboro, North Carolina?

There are just a few simple steps to inquire about a car title loan in North Carolina! You can conveniently fill out the online pre-approval form or call 855-422-7402 to speak with a ChoiceCash title loan agent to start. Neither option requires an in-person store visit or inspection.1 You also must submit the required documents and await approval before collecting your money.

What Are the Advantages of a Car Title Loan in Greensboro, NC?

There are many advantages to inquiring about auto title loans compared to traditional bank loans. Not only can you start the process online from the comfort of your home, but you may also receive access to funding the same day as starting.1 This option can be helpful to residents of North Carolina that are experiencing a financial emergency!

Below are examples of benefits you can expect from a ChoiceCash title loan serviced by LoanMart in Greensboro, North Carolina:1

Flexible Inquiry Process:

When most people consider applying for a bank loan, they imagine a stressful process that involves a lot of hoops to jump through. With a ChoiceCash title loan serviced by LoanMart, the approval process can be straightforward! People from many financial backgrounds can inquire about funding, and a bad credit history is not always an issue.1

Continue Driving Your Vehicle:

Qualified borrowers can continue driving their cars when they have a title loan! Like most Americans, residents of Greensboro, North Carolina, rely on their vehicles for daily transportation. In fact, 83% of U.S. citizens frequently drive, which makes it one of the most popular methods of transportation. As long as you continue making your monthly payments on time, you can drive your car freely with a title loan!

Many Repayment Options Are Available:

Many repayment options are available when it comes to paying back your title loan! You can:

  • Set Up Automatic Payments with Your Bank Account
  • Submit a Check in the Mail
  • Pay Through the Online Portal
  • Visit a Participating Money Transfer Location in Greensboro, North Carolina

What Are the Disadvantages of a Title Loan in North Carolina?

Just like any form of financing, title loans can come with a set of benefits and risks. Some of the disadvantages of a title loan include:

  1. Repossession Risk: With a title loan, a vehicle is used as collateral for the money. Lenders can legally repossess the vehicle and resell it if you default on your title loan. This consequence is standard for any collateral based loan option. For example, the bank can foreclose on your home if you fail to make regular mortgage payments. The laws surrounding vehicle repossession can vary depending on your state.
  2. Predatory Lenders: Not all lenders and loan options are created equal. Before signing any loan agreement or contract, consider how it can affect your financial situation and make sure to read the fine print. Make sure you search for hidden fees, high APR, and other signs of predatory lending practices. In North Carolina, regulations are in place to protect customers from predatory lending practices. It is also a federal requirement for lenders to check that a person makes consistent income before approving them for a loan!
  1. Ruining Your Credit: Additionally, any type of late payment on a loan can hurt your credit! One of the ways that you can protect yourself from late fees and missed payments is by setting up an automatic withdrawal from your bank account. This way, your loan can be repaid without the stress of remembering times and dates every month.

What Documents Are Required for a Title Loan in Greensboro, North Carolina?

Whether you’re in Greensboro, North Carolina, or neighboring cities like High Point and Winston-Salem, applying for a title loan requires some documentation that will be reviewed and verified. Here’s what you’ll typically need to gather:1

  • A Valid Government or State-Issued Photo I.D.
  • Proof of Residency in North Carolina
  • Proof of a Qualifying Vehicle Title in Your Name
  • Proof of Consistent Income
  • Recent Photos of the Vehicle

You can provide a valid government or state-issued photo I.D. in the form of a driver’s license, military I.D., or passport. If you’re missing a car title or a driver’s license, contact the North Carolina DMV to learn about replacement procedures. For proof of residency in North Carolina, you can use a recent, official piece of mail, like a utility bill or bank statement.

A vehicle inspection is required to apply for a car title loan. However, with a ChoiceCash title loan, borrowers can opt for an online vehicle inspection! Just submit a few photos of your vehicle. Make sure the pictures are clear and direct. Blurry images may result in a slower inquiry process. Contact a ChoiceCash title loan representative if you have questions about the approval process by calling 855-422-7402.1

Do I Need a Job to Qualify for a Title Loan in Greensboro, North Carolina?

With a ChoiceCash title loan serviced by LoanMart, you don’t need to hold a 9-5 job to qualify. There are many different ways to earn a living in today’s world. The most common jobs for residents of Greensboro, North Carolina, are in the office administrative support fields and sales. Unemployment in North Carolina remains similar to the national average, around 3.6%.

Unfortunately, you cannot inquire about title loan funds with government unemployment income. However, you can inquire about title loan funding if you can prove you have a form of alternative, steady income!1

Below are examples of alternative income sources you can use as proof during a title loan inquiry:

  • Pay Stubs
  • Disability Benefits/ Supplemental Security Income
  • Worker’s Compensation
  • Alimony/Child Support Payments
  • Pension Income
  • Some Self-Employment

Even if you’re not traditionally employed, inquiring about a ChoiceCash title loan serviced by LoanMart can be a simple process!1

What is the Highest Title Loan You Can Get in Greensboro, North Carolina?

The highest loan amount a qualified borrower may receive from a title loan can depend on several factors! Your car’s value and income will affect both the loan amount and your potential eligibility. In North Carolina, vehicle owners can borrow anywhere from 25%-50% of the value of their vehicle. Typically, you can borrow anywhere from $1,000-$10,000 through a title loan.

However, this amount can vary depending on your circumstances! Contact a ChoiceCash title loan agent by calling 855-422-7402 if you have questions regarding loan proceeds.1

What Types of Cars Qualify for Title Loans in Greensboro, North Carolina?

The type of car you drive doesn’t matter very much when you inquire about car title loans in Greensboro, North Carolina! What matters most is that your vehicle has some positive equity. You can determine car equity by subtracting how much you owe on the car from its overall market value.

You can use this helpful calculator tool, which is available free of obligation to ChoiceCash title loan customers, to receive a vehicle equity estimate! You can also use websites like Kelley Blue Book to check out the current market value of your car.

Below are the most popular cars in North Carolina that can potentially qualify for a title loan, but other many options are available!

Some factors that affect a vehicle’s equity are the vehicle’s make, model, and manufacture year, its overall condition, mileage number, and any upgrades or modifications.

How Can I Receive My Title Loan Money in Greensboro, North Carolina?

If you meet the requirements and submit the correct documents, receiving your money can be simple!1 Qualified borrowers have several options available to them when it comes to receiving their title loan funds:

  • Have the Money Directly Deposited Into a Bank Account
  • Have the Money Directly Deposited Into a Debit Card
  • Receive a Check in the Mail
  • Visit a Participating Money Transfer Location in the Greensboro, North Carolina, Area

Start your ChoiceCash title loan inquiry in Greensboro, North Carolina, today by filling out the online pre-approval form. Or, use your cellphone to call 855-422-7402 toll-free.


Pay for your car title loan at any MoneyGram location in North Carolina. MoneyGram is often located in convenient public stores such as Wal-Mart, Kroger, or CVS. Call 855-422-7402 to discuss your options with a loan expert, or see the map and location list below to see where your nearest MoneyGram is located:

Addresses shown display closest MoneyGram locations. Map displays all MoneyGram locations in general vicinity.

    Locations near Greensboro, North Carolina

    ChoiceCash is proud to service residents all over North Carolina including metro areas Greensboro. Call 855-422-7402 to discuss your options with a loan expert, or see the city list below to see where your MoneyGram locations near Greensboro:

    Featured Locations near Greensboro, North Carolina

    Nearby States by North Carolina That offer a ChoiceCash Title Loan