Can You Get Title Loans Without a Bank Account?

Car title loans are a secured loan option that can help qualified borrowers access emergency cash. For loan approval, you must meet the lender’s initial requirements, submit proof of income and a few other documents, and have a car in your name with positive equity since will need to pledge the title to the vehicle as collateral. Unlike traditional bank loans or payday loans, applying for title loans without a bank account is possible if you can prove your ability to repay the funding without recent bank statements. That is one of the many advantages of applying for a flexible loan option like a title loan!1

Your loan amount and eligibility for a car title loan will be largely determined by your income and the value of your vehicle, so proof of income is an important document to have on hand if you want to be eligible for a car title loan! Keep reading to learn more about how to apply for ChoiceCash title loans without a bank account.1

What Do I Need to Get a Loan Without a Bank Account?

As mentioned above, you will be asked by a ChoiceCash title loan agent to provide proof of income and other documents during your application. If you do not have any recent bank statements, there are a few other documents you can submit to prove your income, such as:1

  1. Recent Pay Stubs
  2. Disability or Worker’s Compensation Award Letter
  3. Pension or Retirement Income Statements

This isn’t an all-inclusive list, so if you have any questions about how to prove your income during the application process, give one of our title loan agents a call at 855-422-7402 or visit our FAQ page.

In addition to providing proof of your capacity to handle monthly title loan payments, these other documents will be necessary to verify your income during the application process:

  • Proof of Current Residence Through Recent Utility Bills, Credit Card Offers / Statements, Lease Agreements, or Mortgage Statements
  • A Valid Driver’s License, U.S. Passport, or Another Government-Issued Photo ID
  • Recent Photos of the Car to Complete a Virtual Vehicle Inspection and Verify Its Value
  • A Car Title in Your Name

For your convenience, you may submit these documents online during the application process, or you may send them to a ChoiceCash title loan agent via email or text message. Applying for loans without a bank account does not need to be a hassle! Just submit a quick prequalification form online, send in the necessary documents after initial approval, and choose how to get your money once you are approved. It’s that simple!1 

How Can I Repay a Loan Without a Bank Account?

 title loans without bank account

Now that you know you can apply for a title loan without a bank statement, it might make you wonder how you can repay a loan without a bank account. When you apply for a ChoiceCash title loan serviced by LoanMart, you can expect convenience throughout the entire loan process. That includes the repayment process!

Here is a list of ways you can repay your title loan without a bank account:

  • Pay by Phone
  • Pay Online Through the Customer Portal
  • Visit a Participating Money Transfer Location to Pay Your Loan in Person
  • Mail Your Payment to the Payment Processing Center

Do you have any questions about applying for a loan without a recent bank statement? Call ChoiceCash at 855-422-7402 today!1

Where Can I Apply for Car Title Loans Without a Bank Account?

Use your tablet, computer, or smartphone to submit an application for ChoiceCash car title loans without a bank account today! Click here to see if you are eligible for same day pre-approval. If you provide the right documents and meet the necessary requirements, you can get your loan proceeds in as little as one business day.1

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.