A car title loan may be able to help you take care of any missed rent payments or expensive hospitalization bills. But what are the requirements for car title loan approval?

Age Requirement for a Car Title Loan

The age requirement to get a car title loan depends on your state. But typically, you must be at least 18 years of age before you can legally obtain funding. If you are under 18, you are considered a minor in the eyes of the law and deemed too young to enter into a contractual agreement.

Car Requirements for a Car Title Loan

One of the main requirements for a car title loan is the car. The reason for this is that during the car title loan repayment process, the car title is used to secure the emergency funding.

ChoiceCash Title Loans generally accept many different types of cars as collateral for a car title loan. So whether you have a used car or a luxury car, you could qualify as long as the car has sufficient equity and you have the ability to repay the loan.1

The value of a car is different from the equity. Simply put, equity is a calculation used to determine how much financial ownership you have of a car. For example, to find the equity in your car, you must subtract the current market value by the remaining auto loan amount you owe on the leased car. If you own the car outright, then the equity in your car is equal to the market value.

How to Find the Market Value of Your Car for a Car Title Loan

If you don’t know how much your car is worth on the market, you can easily find out by using the online car title loan calculator on the ChoiceCash Title Loan website! By answering a few questions about your car, the vehicle could potentially be pre-approved and you can then receive a free loan estimate.1  

You will be asked for the following information:

  • Your Vehicle Year
  • Your Vehicle Make and Model
  • Your Vehicle Style
  • Your Vehicle’s Mileage
  • Your State of Residence

Make sure the information you provide is accurate, that way you receive an accurate car title loan estimate if you qualify. If the estimate you receive is enough to take care of any financial hiccups that have popped up, go ahead and enter your contact information! A car title loan agent will contact you to discuss the approval process.

Income Requirements for a Car Title Loan

While you need a valuable car to obtain a car title loan, income is the secondary requirement and just as important! In order to qualify for secured funding, you will need to show proof of your ability to make monthly payments on time.

If you do not work a traditional job and do not receive paychecks, you might think that you are ineligible for a car title loan, but that’s simply untrue. The income requirements with ChoiceCash Title Loans are flexible and you could provide alternative income.

Examples of the paperwork you can provide for a car title loan include:

  • Bank statements
  • Social Security benefit statements
  • Government award letters
  • Disability benefits
  • Pension documentation

If you have any questions or concerns about your unique financial situation, talk to a knowledgeable car title loan agent by calling (855) 914-2945.

Car Inspection Requirement for a Car Title Loan

A car inspection is a requirement for the car title loan approval process. A car inspection is conducted to verify the value and current condition of the car.

Traditional car title loans usually require the potential borrower to drive the car to a physical location so an agent can confirm the condition in person. But with ChoiceCash Title Loans, that is unnecessary! Car inspections can be completed entirely online for your convenience!

All you have to do is park your car in a spacious well-lit area. Using a smartphone, take pictures of your car from every angle. Make sure that you can visibly see each side of the car in its entirety, and that you include a photo of the vehicle identification number.  

Document Requirements for a Car Title Loan

If you inquired for a car title loan and you meet the qualification requirements, an agent will ask you to start submitting some documents. The documents required are minimal and can likely be found around your home.

The convenience of ChoiceCash Title Loans is that you could upload all of your paperwork online! There is no need for you to visit a physical location to turn in your documents in person. Instead, you can choose to either scan your documents onto a computer or take photos using a smartphone.

These are the general document requirements for a car title loan:

Car Title

In order to prove ownership of your car, you will be asked to provide the car title. If the car title is not in your name, you may be ineligible for a car title loan. But don’t worry, because getting a new car title in your name is a simple process.

You will need the current owner of the car to sign the back of the car title to release ownership. Then you can just take the signed car title and a completed title transfer form to your local Department of Motor Vehicles.

Proof of Identification

Document requirements for a car title loan include proof of identification. You can submit any government-issued photo ID as proof of identity, such as a driver’s license, state identification card, or U.S. passport. ChoiceCash Title Loans also accepts ITIN and the Matrícula card.

Proof of Residence

As proof of your residence, you could submit recent mail with your full legal name and address, such as recent utility bills, credit card statements, a property title, rental agreement, etc.


In order to get a car title loan, you may be asked to provide references. You will usually be allowed to choose between providing personal or professional references.

What is the Car Title Loan Approval Process Like?

Car title loans are a popular secure loan option for people that have a car and need quick financial relief. The qualification requirements are not hard to meet, and even those with low credit could be deemed eligible.1

Car title loans are used to cover various unforeseen expenses, such as:

  • Wisdom tooth extraction
  • HVAC repairs
  • Broken taillight
  • Damaged roof
  • Late rent payment
  • And much more!

No matter what financial emergency you may be facing, a car title loan may be able to help you cover the cost. The approval process only consists of three simple steps, which can be completed in as little as one day!1

Step 1: Start the Inquiry

To find out if you meet the requirements for a car title loan, speak to an agent by calling (855) 914-2945 or fill out the online car title loan inquiry. If the vehicle is pre-approved, you will receive a free estimate for emergency funding!1

Step 2: Sending Documents

If eligible, a car title loan agent will inform you of the document requirements (listed above). You can turn in all of your paperwork online without having to leave your home! Just scan your documents onto a computer or take photos using your mobile phone.

Step 3: Getting Approved

A car title loan agent will verify your information using the documents you provided. Once everything is in order, you can be fully approved for a ChoiceCash Title Loan! An agreement will be drawn up and the agent will go over it with you in great detail. Before you sign the agreement, ensure that you know when payments are due, how much is due, and your interest rates.

Once you are confident in your financial decision, you can sign the car title loan agreement and receive your emergency cash!

Get Exclusive Rewards with a Car Title Loan

With ChoiceCash Title Loans, approved borrowers could get their money in as little as one business day!1

But that’s not all! By making on time monthly payments, your payment amount could get lower and lower!2 This means that each month you pay your car title loan, you could keep more money in your pocket. By the time you make your last car title loan payment, you could be paying half as much as your first payment!

A lot of loan options may try to squeeze extra money out of borrowers by hiding malicious fees in the agreement. ChoiceCash Title Loans doesn’t do that. There are no hidden fees, balloon payments, or prepayment penalty fees to worry about. You can pay your car title loan back as early as you want to save on interest!

No other loan option is as convenient! Inquire for a ChoiceCash Title Loan today and you could quickly take care of any upcoming bills!1