Are There Guaranteed Approval Online Title Loans?

Generally, finding guaranteed approval for online title loans (and many other loan options) will be challenging. This is because most lenders will have to assess the credit risk of an individual before they can approve them for a loan. However, the good news is that title loans are quite flexible and have shown to have a bit higher approval rate. This is because a title loan is secured by collateral. It’s possible to qualify for a title loan even if you have a bad credit history!1 If you’re looking for a lender who offers a guaranteed title loan approval, it may be somewhat challenging. 

You will not be able to obtain guaranteed approval if you apply for a ChoiceCash title loan. However, if you decide to apply for a ChoiceCash title loan serviced by LoanMart online, you may obtain an instant decision to see if you are pre-approved in just a few minutes!1 If you want to learn more about title loans and the application process, continue reading below. 

What Do I Need to Get Guaranteed Title Loan Approval?

While you will not be able to find guaranteed title loan approval, you should know a little bit more about title loans and how they work. A title loan works by using the borrower’s vehicle as collateral for the loan. When the loan is funded, the lender will add a lien to your car’s title. This lien will provide the lender with a legal claim or right to the vehicle until the title loan is completely paid off. That means if you do not pay your title loan on time, the lender may decide to seize your asset and sell it to cover the remaining balance of your loan. Although many lenders choose to avoid vehicle repossessions unless it is absolutely necessary, it is important to prioritize your loan payment and let your title lender know if you are experiencing any financial hardship. 

Typically, your credit history is not the most important aspect of the title loan application process. However, your credit history is still reviewed and does play a factor in the decision process. Among other loan stipulations, the value of the vehicle and demonstrating your ability to repay will be two big factors in your loan application process. Take a closer look at some of the most important characteristics that will affect your eligibility for a title loan and your loan amount:1

  • The Value of Your Vehicle: The value of your vehicle is largely determined by its age, make, model, mileage, and current condition. Your vehicle will need to have a qualifying amount of value in order for you to be able to apply for a title loan. Click here to use the ChoiceCash title loan calculator and see if your vehicle has enough positive equity to qualify as collateral for a title loan! There is no obligation to use the title loan calculator and obtain a loan quote.1
  • Your Income: A title lender will need to see proof of income during your application to determine whether you have the ability to repay your loan.1

Here is a list of the documents you will need to apply for a ChoiceCash title loan:1

  • A Car Title in Your Name: You will need a car or truck title in your name because it proves that you are the rightful owner of the car, and it is an integral part of the title loan application process. 
  • Verifiable Income: As mentioned previously, your income plays a huge role during the title loan inquiry process. You can use a few different documents to prove your income, like pay stubs, bank statements, and disability award letters. Visit the FAQ page or call 855-422-7402 to learn more about the different kinds of paperwork that can be accepted as proof of income during a title loan application!1
  • A Valid Government or State-Issued Photo ID: Proving your identity is an important part of the title loan process! You will be required to provide a valid, government-issued photo ID card, such as a driver’s license, passport, or permanent resident card.
  • Proof of Residence: Title loans are not available in every state, so you will need to provide proof of your current address. You can prove your current address with a few different documents, such as recent pieces of official mail, rental / lease agreements, mortgage statements, or bank statements.
  • Proof of Collateral: You will need to provide a few recent pictures of your vehicle to verify its current condition. Take photos of the back, front, and sides of your vehicle. You will also need to provide photographs of your vehicle’s current odometer reading and the VIN (Vehicle Identification Number). 
guaranteed approval online title loans

Can I Get Guaranteed Approval for Online Title Loans with No Inspection?

You might be asking yourself, “Is it possible to get guaranteed approval for online title loans with no inspection?” The answer is no, but it is possible to get a title loan without leaving your home! You can complete an online car inspection by submitting a few photos of your vehicle during your loan application process. One of the most convenient aspects of an online title loan is that you can complete a car inspection online instead of in person. 

A car inspection is a necessary part of the application process for a title loan because your vehicle’s current condition and value must be verified by the title lender. Here are a couple of ways that lenders can check the condition of your vehicle:

  • Through a physical vehicle inspection, where you are required to drive your vehicle to a storefront location.
  • Through an online car inspection, where the title lender will request a few recent photos of your vehicle. 

How Much Can I Get Through a Title Loan if I Qualify for Instant Pre-Approval?

Certain states in the U.S. have laws in place that regulate the amount you can obtain through a title loan. Therefore, the maximum amount you will be able to receive through a title loan will depend on a few different factors, including your current state of residence and your income. Typically, you will be able to access a portion of your car’s total value if you qualify for a title loan.1

How to get started and apply for a ChoiceCash Title Loan Online?

Are you searching for the simplest way to apply for a guaranteed title loan? While it will be difficult to find guaranteed approval for online title loans, you can still apply for a title loan online and access a convenient application process!1

Although applying for a ChoiceCash title loan online does not mean you will receive guaranteed loan approval, here’s what you can expect when you apply for a ChoiceCash title loan serviced by LoanMart:1

Step 1: Begin the Inquiry Process

The first step of the application process is to apply online or over the phone with a title loan representative! Simply click here to fill out a short pre-approval form. You will be required to provide basic information about yourself and your vehicle. If you prefer to speak to a ChoiceCash title loan representative, just call 855-422-7402 to get started!1

Step 2: Send in the Required Documents

In the second step, you will be asked to submit a few documents. A title loan agent can assist you with this step of the application process, so if you have any questions, don’t hesitate to ask for help!

Step 3: Sign Your Loan Agreement

Once you have uploaded all of the necessary paperwork, the last step will be to wait and find out if you are eligible for a title loan! This step can often take no time at all. If you are approved for a title loan, all that is left to do is to sign your loan contract.1

Step 4: If Approved, Get Funding 

If you are eligible for a ChoiceCash title loan serviced by LoanMart, you will be able to choose from one of the following ways to collect your loan proceeds:1

  • Direct Deposit to Your Bank Account
  • A Check in the Mail
  • Have the Funds added to Your Debit Card
  • Visit a Participating Money Transfer Location to Pick Up Your Loan Proceeds

Although many borrowers tend to use their loan proceeds to consolidate their existing debt or pay for unexpected expenses, you can use your title loan funding to handle a variety of financial issues. If you qualify for a title loan, you could choose direct deposit or have your loan proceeds added to your debit card to get your money in as little as 24 hours!1

guaranteed title loan approval

What are Some Benefits of ChoiceCash Title Loans?

Although you won’t be able to receive guaranteed loan approval, there are a lot of benefits that come with qualifying for a ChoiceCash title loan serviced by LoanMart! Here are a couple of key benefits that you could potentially take advantage of:1

  • Instant Pre-Approval1
    To find out if you are eligible for same day pre-approval, all you have to do is fill out the prequalification form on the ChoiceCash website!1
  • Payments May Decrease2
    One of the biggest advantages of a ChoiceCash title loan serviced by LoanMart is the fact that you have the chance to be rewarded if you are a responsible borrower and pay your loan on time. Your payments may decrease if you are consistently on time with your loan payments!2
  • Flexible Application Process 
    Title loans are much more flexible than unsecured loans. With ChoiceCash title loans, you can expect a flexible and convenient application process! There is no store visit required to apply for the emergency cash you need.1
  • Competitive Interest Rates1
    You can access competitive interest rates if you are eligible for a ChoiceCash title loan serviced by LoanMart!1
  • Continue Driving Your Vehicle 
    One of the many benefits of qualifying for a ChoiceCash title loan is that eligible borrowers can keep driving their vehicles throughout the entire repayment period. However, in order to maintain access to your vehicle, you will need to make your loan payment a priority each month and pay your loan on time. Consider setting up automatic withdrawals from your bank account if you are worried about paying your loan on time.
  • Quick Funding1
    You could receive your loan proceeds in as little as one business day if you are eligible for a ChoiceCash title loan serviced by LoanMart! So if you need quick funding to handle an unexpected financial emergency, a title loan could be the solution you’ve been searching for.1

Ready to apply for a ChoiceCash title loan serviced by LoanMart? Simply head to our website and fill out a short inquiry form, or give us a call at 855-422-7402. It can be that simple to apply for an online title loan and discover if you are eligible for the emergency cash you need!1 So why wait to get started? Apply online or over the phone today!

Nooreen B.
Nooreen B.
Nooreen B. is a seasoned financial writer who is currently based in the windy city of Chicago and is a valuable member of the ChoiceCash content team. With over 5 years of experience in the financial services industry, including tenures at a variety of Fintech companies, Nooreen confidently produces quality content that adheres to the strict editorial guidelines for ChoiceCash. In her free time, she competes in local watercolor art competitions in Chicago.