Written by Jessica R.| Edited by Caro H.| Published on 

Understanding Guaranteed Title Loan Approval

Online title loans can be a lifesaver if you are drowning in unexpected expenses or other financial obligations. Before you can dive into the application process, it’s important to understand that getting guaranteed title loan approval isn’t realistic. 

Reputable lenders typically do not offer guaranteed approval because they follow specific procedures to determine the eligibility of the applicant. For title loans, this includes a credit check, vehicle inspection, and a document verification process. You should question the reputability and trustworthiness of lenders who claim to offer guaranteed approval, as that does not align with best practices in the lending industry. 

While your credit score is not the focal point of your loan application, it is still considered by a title lender and you will not be able to skip a credit check. Title loans are designed to cater to individuals with bad credit, so do not let your credit score deter you from submitting an application.1

With a title loan, your loan amount and eligibility are primarily determined by your income and the value of your vehicle. Your vehicle must be inspected during your application to determine its market value, and this examination can easily be conducted online or in person.1

The verification process of your paperwork is another important aspect of your application that prevents you from receiving automatic approval for a title loan. A title loan agent will review all of your documents to verify your identity, income, and other information that is relevant to your application.1

Although you will not be able to get guaranteed title loan approval, you can complete an online questionnaire and discover if you are instantly pre-approved for a ChoiceCash title loan serviced by LoanMart! The application process is fast, simple, and designed with efficiency in mind.1

What Do I Need to Get Guaranteed Approval for Online Title Loans?

title loans guaranteed approval

While getting guaranteed approval for online title loans is not an option, you can expect a simple and fast underwriting process with ChoiceCash title loans. To get approved for the emergency cash you need, the following requirements must be met:1

  • Be of Legal Age: Since you must be at least 18 years old to apply for a title loan, you will need to provide a valid, government-issued photo ID card to verify your identity and age.1
  • Have a Title to a Qualifying Vehicle: On top of having a vehicle title in your name, your vehicle must have a sufficient amount of value to qualify as collateral for a title loan. Use ChoiceCash’s online title loan calculator to receive a vehicle value estimate and a title loan quote with absolutely no obligation today. If your vehicle title is not in the right shape to apply for a title loan and you are the rightful owner of the car, you must visit your local Department of Motor Vehicles or the applicable government agency to request a title transfer.1
  • Provide Proof of Your Ability to Repay the Loan: Recent bank statements, pay stubs, and other appropriate documentation can be used to verify your income during your application.1
  • Recent Pictures of Your Vehicle: One of the benefits of applying for ChoiceCash title loans is that you do not need to leave your home to have your vehicle inspected by a title loan agent. Instead, you will be asked to submit recent photographs of your vehicle, including its interior, exterior, odometer reading, and VIN. 
  • Provide Other Required Documents: On top of providing the documents mentioned above, you may be required to submit other paperwork during your application. For example, if you live in the state of Virginia and are applying for a title loan, you will be asked to complete the “Application For Transfer And Supplemental Liens” form before your loan is finalized.

For your convenience, these documents can be submitted electronically during your application through the online customer portal. As an applicant, you also have the option to send your paperwork and photographs through email or text message.1

Tips for Fast Title Loan Approval

Consider following these tips to ensure that you experience a speedy and efficient loan process:1

  1. Double-Check All of Your Documents Before Submitting Everything
  2. Provide Accurate Information on Your Title Loan Questionnaire 

Choosing the Right Lender for Guaranteed Title Loan Approval

title loans for bad credit guaranteed approval

As mentioned above, reputable lenders tend to not offer guaranteed loan approval. Choosing the right lender is one of the most important aspects of applying for a loan, as it can make or break your loan experience. 

Avoid any lender or financial institution engaging in predatory lending practices or misleading consumers into thinking they can automatically qualify for a loan. Finding reputable lenders may seem challenging, but one of the easiest ways to gauge what your experience will be like with a particular lender is to search for them online. Websites like the Better Business Bureau and Trustpilot allow you to search for a lender and read through the positive and negative reviews of their customers. This provides an unbiased view of a lender, allowing you to make an informed decision about your loan. Hopefully, with this information in mind, you can choose the most suitable lender for your financial needs.1

On top of conducting the necessary research, comparing interest rates and loan terms is another important step when searching for the right lender for fast title loan approval. Different title lenders can offer different terms and conditions, so understanding the fine print of your loan contract is essential. Take a closer look at your interest rate, how long you will have to repay the money, and check for any fees that you may run into throughout the duration of your loan.1

Advantages of Guaranteed Title Loan Approval

Getting automatically approved for a title loan may not be possible, but that doesn’t mean title loans are not advantageous. Some of the benefits of qualifying for ChoiceCash title loans serviced by LoanMart include the following:1

  1. Complete Efficiency and Transparency: From the initial prequalification form to the repayment process, you can expect convenience and efficiency with ChoiceCash title loans. Apply from the comfort of your home today and access a transparent title loan application!1
  2. Fast Funding: When you’re faced with a financial crisis, time is of the essence, and a title loan is a pathway to fast financial help. If you qualify for a ChoiceCash car title loan you can choose direct deposit or add your money to a debit card to access your funds in as little as 24 hours.1
  3. Exceptional Customer Service: When you dial 855-422-7402, you can expect to speak with a helpful title loan officer who will work with you throughout your application and answer any questions you may have. From start to finish, you are in good hands!1

Risks of a Guaranteed Title Loan

One of the perks of a title loan is that even though you are required to pledge your vehicle’s title as collateral for the loan, you are allowed to keep driving your vehicle during the repayment period. Although maintaining access to your vehicle is possible, secured loans come with potential risks to keep in mind.

If you default on your car title loan, the lender has the legal right to seize your vehicle in order to satisfy the remaining balance of your loan. Defaulting on your title loan and having your vehicle repossessed by your title lender can hurt your credit score if your title lender reports it to the major credit bureaus. 

That is why it is incredibly important to consider whether you can realistically afford to pay back your loan before you sign on the dotted line. If you decide to pursue a title loan, make your title loan payments a priority and adjust your budget accordingly.

Frequently Asked Questions About Guaranteed Title Loan Approval

Listed below are commonly asked questions about guaranteed title loan approval that may be helpful to you if you are thinking about submitting an application in the near future:1

  1. What is the Maximum Loan Amount for Approval?
    Depending on your state of residence, your income, and the value of your vehicle, you can receive up to $15,000 upon final approval for a ChoiceCash title loan serviced by LoanMart.1
  2. Can I Get Guaranteed Title Loan Approval with Bad Credit?
    While it is difficult to get guaranteed approval for car title loans, qualifying for title loans with a bad credit score is possible. Having bad credit may prevent you from qualifying for unsecured loans because you are seen as a high credit risk to lenders. Title loans can offer a different experience! Since you are securing the loan by using your car title as collateral, you do not need a good credit score to get title loan approval.1
  3. How Long Does it Take to Get Approved for a Title Loan?
    With ChoiceCash title loans, you can expect a simple and efficient application process. In some cases, borrowers can fill out an application, provide the necessary paperwork, and receive loan approval in the same business day!1

If a title loan sounds like the right fit for you, call 855-422-7402 or complete a prequalification form online to see if you are instantly pre-approved for emergency funding!1

Quick Links

Title Loan Calculator Apply for a Title Loan Online Title Loan Resources Find a Title Loan Location Title Loan Car Value

Questions? Call 855-422-7402

Jessica R.
Jessica R.
In 2013, Jessica R. graduated from Illinois Wesleyan University and received a Bachelor of Arts Degree in both French and English. In her ten years as an educator and content writer, she has gained a great deal of experience and expertise. As a valued member of the ChoiceCash content team, Jessica is responsible for creating educational and engaging financial content that tackles various topics, including budgeting, secured loans, and more.