Where Can I Find a Michigan Car Title Loan?

People that struggle with a financial emergency tend to look for resources that give them fast cash. If you’re struggling with your finances, you may have noticed that your credit score has taken a hit. 

For most traditional loan options, a borrower must have a good credit history or financial background to acquire funding. That can be inconvenient when you just need cash to get back on your feet! 

Fortunately, there’s an alternative option to consider besides traditional funding!¹ With a car title loan, you could use your vehicle title as collateral for the emergency cash you need. Since you use collateral to secure the loan, the chances of a title loan lender approving could be greater than your chance to qualify for an unsecured loan.¹ What’s even better is the possibility of obtaining quick funding.¹ When you inquire about a ChoiceCash title loan, you could receive money as soon as the next business day if you are approved!¹ Why should you wait long to find out if you can get the cash you need for an unexpected expense?

If you’re a resident of Michigan, you could apply for an auto title loan through a convenient and flexible approval process.¹ Simply go online or talk to a ChoiceCash title loan representative at 855-914-2945 to start on your Michigan title loans! 

How to Find Title Loans in Michigan

Suppose money is running short this month, and the best option is to obtain a title loan in Michigan. In that case, Michigan residents could get started from the comfort of their homes; you would only need to open your laptop or use your smartphone. 

Fortunately, the qualifications for a ChoiceCash title loan serviced by LoanMart can be straightforward and simple to understand.¹

Take a look at what you need to be eligible for an auto title loan today:

  • Borrowers Must Be 18 Years of Age or Older to Qualify
  • A Borrower’s Vehicle Title Must Be in Their Name
  • Demonstrate Ability to Repay Auto Title Loans in Michigan

Almost anyone with a qualifying car could be eligible for a title loan in Michigan if its title is in their name and it has enough equity.¹ If borrowers have lost or misplaced their title, a ChoiceCash title loan agent could help them find out how to request a title transfer or replace it with a new one. Equity is essential to getting a car title loan, as it determines eligibility and the potential loan amount you receive. 

People that fail to meet their monthly installments on their title loan can lose their car to repossession. The title loan lender may choose to repossess and sell the vehicle based on its resale market value to recoup the money that was lost through the loan. That is the last case scenario, however. If you have any issues making monthly payments on time, you could always contact a ChoiceCash title loan representative at 855-914-2945 and figure out your potential options.

Find out if you can get an auto title loan in Michigan by inquiring about one online! It takes no time to get the cash you need when you go through a quick and flexible approval process with a ChoiceCash title loan!¹

dog in car

Do I Need a Specific Car to Qualify for Auto Title Loans in Michigan?

When you read the words “qualifying vehicle,” you may wonder if your car meets the standards for an online title loan. Thankfully, you don’t need a specific car type to obtain approval. Instead, your vehicle’s title is a determining factor for eligibility. However, your car must have a certain amount of equity to qualify as collateral for the loan. But what if you don’t know what the current equity in your vehicle is? Luckily, there is an online calculator tool for ChoiceCash title loan borrowers to quickly find an estimate with a quote, free of obligation!¹

You could easily use the tool by inputting some details from your car¹:

  • The Current Mileage of Your Car, Listed on Your Odometer
  • The Make and Model of Your Vehicle
  • The Year a Manufacturer Released Your Car
  • Any Internal or External Surface Damage Made to Your Vehicle
  • The Style of Your Car
  • Any Modifications or Alterations Done to Your Vehicle

With this information, you could find out if you need to work on your vehicle’s condition to boost its equity. You could call a ChoiceCash title loan agent to see if your car’s positive equity is enough to qualify.¹ Also, if you’re looking to obtain a significant loan amount, you must have a car with plenty of value and the income to warrant that cash total.¹ So, if you maintain your vehicle in good condition, it could retain plenty of value!¹

Don’t hesitate to contact a ChoiceCash title loan representative for any questions you may have about auto title loans in Michigan.

Do I Need Good Credit to Qualify for Michigan Car Title Loans?

Assuming you’re thinking of inquiring about online title loans in Michigan, just know that perfect credit isn’t a requirement, although your credit history will be considered.¹ While there are various Michigan loans for people with bad credit, they might not benefit you like an auto title loan.¹ 

One such loan option is a payday loan. Payday loans can have hidden fees and high-interest rates, making the repayment process difficult and expensive to cover. But with a ChoiceCash title loan, qualified borrowers could have the opportunity to earn low-interest rates and monthly payments by paying loans on time!¹ However, it’s important to note how a title loan lender will consider checking your credit during approval. 

Don’t be alarmed, though. A credit check might not hurt your chances of getting a car title loan.¹ When any lender decides to verify your credit, it will go through what is known as a hard inquiry check. Although it could take off some points from your credit score, it might improve with time and effort. But with these two requirements met, you could be closer to receiving approval from a title loan lender:

  • Enough Equity in Your Car
  • Enough Reliable Income/Alternative Income to Support Loan Payments

Most lenders will use your credit history to determine whether or not you are a financial risk. But, life happens, and your credit history may not be blemish-free. 

But, you may still qualify for a title loan online if you have a less-than-perfect credit score.¹ Go online to start on an easy title loan process for quick funding today!¹

What Documents Do I Need to Acquire Auto Title Loans in Michigan?

Once you have met the initial requirements, a ChoiceCash title loan representative will ask you to submit a few documents to continue the approval process. ChoiceCash title loan agents use your paperwork to verify your information and vehicle ownership during the inquiry process. It may sound daunting to look everywhere for the required documents, but did you know that you may already have them with you?

The exact documents you may need to apply for a car title loan will often vary depending on the state you reside in. However, you can anticipate handing in the following documentation during the second step of the loan inquiry process: 

  • Proof of Government-Issued Identification: A ChoiceCash title loan agent can validate your identity if you use a state/government-issued photo ID card. You could use different documents, such as your passport, driver’s license, or other certified state identification cards, to prove your identity to an agent during the inquiry process. 
  • The Title to a Qualifying Vehicle: Before you inquire about auto title loans in Michigan, ensure that the vehicle title is in your name. Yet, you could still get a loan if you share a name on the title.¹ Remember to contact a ChoiceCash title loan representative if you lost or misplaced the car title, as they could help you find out how to replace it or request a duplicate title. If you are still financing your vehicle, contact a title loan agent to see your options! You may still be able to qualify for a car title loan if your vehicle meets the right criteria.1
  • Recent Pictures of Your Car: Take photos of your vehicle’s exterior (front, back, driver’s side door, passenger-side door), odometer reading, and Vehicle Identification Number so a ChoiceCash title loan agent can verify its condition. You could easily submit your pictures online directly to a ChoiceCash title loan representative from your smartphone.¹
  • Proof of Income: You don’t need a 9-5 job to prove you can pay off title loans in Michigan¹; many alternative forms of income could work to validate that. For example, you could use bank statements, retirement income, pay stubs, settlement income, Social Security/Supplemental Security Income, worker’s compensation, or even a letter of employment from your employer!
  • Proof of Michigan Address: To prove you’re a current resident of Michigan, you could use recent phone bills, lease agreements, credit card statements, recent utility bills, mortgage statements, mail, etc.
  • References: You may have to provide personal or professional references to a ChoiceCash title loan representative during your loan inquiry.

As soon as you submit the required documentation, you could move on to the final step in obtaining car title loans in Michigan!¹

How Soon Could You Get Your Money with a Michigan Title Loan?

In most cases, a person needs a car title loan because they have to cover an unexpected expense quickly. If that is your situation, you probably cannot wait long to collect your cash. The problem with many traditional loans is the time they take to complete things; for example, a lender could take a while before deciding to approve you or not. If they agree to lend you funds, you might have to wait longer for them to process your loan and deliver your money. Perhaps you chose car title loans in Michigan because you anticipate having quick funding. Fortunately, when you inquire about a ChoiceCash title loan, you could get money in as little as 24 hours if you qualify!¹

Since the title loan process could be quick and flexible, you might see your funds in a flash!¹ Just take a few minutes to get through the process today with any device connected to the internet.¹

How to Pay Off Auto Title Loans in Michigan

When you apply for Michigan title loans, you might expect the convenience of acquiring one to translate to your overall loan experience. With a ChoiceCash title loan, you could also make your payments online! You could meet your monthly installments without having to travel anywhere.¹ There are multiple ways for you to complete your payments. Choose a method that is more convenient for you:

  • Pay Through Your Phone By Using a Credit/Debit Card
  • Set Up an Automatic Payments
  • Use Your Smartphone and Pay Through the App
  • Pay via Mail By Sending Checks to a Payment Center
  • Pay in Person at Any Local MoneyGram Location Near You

It’s okay if you have problems making a budget for your title loan payments. Many people can be busy in their lives or have to move their money to a sudden expense. But you don’t have to undergo this situation alone!

Here are examples of what you could do to manage your monthly due dates successfully: 

  • Pay Off Your Title Loan Early
  • Make Extra Money on the Side Whenever You Can
  • Follow the 50/30/20 Plan
  • Be on Top of Every Statement and Payment Dates
  • Pay More Than What You Need Each Month, If You Can
  • Calculate the Interest and Create a Payment Plan to Pay Quickly

Apply Online for a ChoiceCash Title Loan in Michigan!

Borrowers that inquire about a ChoiceCash title loan in Michigan could take advantage of a flexible online loan process.¹

Just follow these three basic steps to find out if you can obtain a title loan¹:

Submit a Title Loan Inquiry

People can choose to inquire about an auto title loan in Michigan by filling out a short inquiry form online or over the phone with a ChoiceCash title loan representative. They would only have to dial 855-914-2945 to be in contact with one! ChoiceCash title loan agents are available six days a week for extended hours to assist with any questions you may have.

Send Your Documents

You could quickly scan your documentation and send them online to a ChoiceCash title loan agent.¹ Through that method, you could receive a quick approval status and move on to the final step in the loan process!¹

Collect Your Cash!¹

It’s worth noting that if you qualify for a title loan, you must sign a loan agreement to receive money if you’re approved for funding. Once you do that, you could choose from a few different ways to get your funds, such as: a direct deposit to your bank account, a check sent to your Michigan address, or simply pick up your money at a participating money transfer location nearby¹

See if you meet the qualifications for a Michigan title loan today! If you qualify, you could receive funds as soon as the next business day!¹ Dial 855-914-2945 if you need assistance.