Title Loans in Merritt Island, FL
Customer Centered ServiceProviding excellent customer service and a positive loan experience is 5 Star Title Loans top goal and we work tirelessly to make this happen for each and every customer.
Loans for Low Credit ScoreWe don’t like turning away customers simply for having a bad credit score. We will work hard to get you a loan regardless of your bad credit.
Easy Application ProcessWe understand the urgency when getting a loan, so we offer simple options for applying. You can choose to apply either by phone or online.
5 Star Car Title Loans in Merritt Island, FL
Looking for a quick loan to meet unplanned financial needs?
Applying for a personal loan or other traditional bank loans could be the first thing that comes to your mind. However, if you have a poor credit score you may not be eligible for a bank loan on Merritt Island. Additionally, these loans don’t come in handy if you need emergency cash, due to the lengthy application form and approval process.
Well, you must not discourage yourself as you can apply online for 5 Star Car Title Loans in Merritt Island, FL. With us, you may still be eligible without any credit history or poor credit score and receive the loan amount within a business day.2
What are Auto Title Loans?
Auto title loans make it possible to get money in exchange for your car’s equity through a collateral-based loan.1
It’s important to make sure that the car you’re using as collateral is legally yours.1As a lien will be placed on your car’s title once you’ve been approved for a loan.1
You’ll obtain your loan amount and be able to keep driving your car for the complete duration of your repayment in Merritt Island. However, the lien on your car title is released once the loan and interest are paid in full.
How Does The Application Process Work?
A key benefit of obtaining Merritt Island title loans is the simplicity and speed with which lending institutions, mainly, 5 Star Car Title Loans make it possible for consumers to obtain the funds they require.
Using 4 Steps Loan Process You Can Get A Quick Title Loan in Merritt Island, FL
Call Us or Apply Online
Checking your eligibility is the first thing you need to do before applying for a pink slip loan online in Merritt Island, FL. You can check whether you are eligible for a loan by either calling us at (888) 309 0994 or heading to our online portal and just filling in some basic information.
Submit Required Documents
A few documents are required next, including verification of your vehicle’s ownership and financial ability to repay the loan. 5 Star Car Title Loans in Merritt Island, also accepts paperwork through email or fax, so you don’t have to come in person.1
Sign Contract Papers
Our team will review your paperwork and send you a contract outlining the terms of your loan.
Please take the time to go through them carefully, and if you have any questions, you can reach out to our customer service department at (888) 309 0994.
Get Your Money
The loan proceeds will be started as soon as the contract has been signed and emailed back to us, and the money will be deposited into your bank account as quickly as possible, usually within one business day. 2
Car Title Loan Requirements in Merritt Island, FL
Every application for Merritt Island title loans is expected to have all of the mentioned documents ready in order to qualify for an effortless and quick title loan.
The following list of documentation that your lender may ask you for in accordance with the rules that govern title loans in the state of Florida:
The documents proving that you have a clear vehicle title you intend to use as collateral for the loan are a must in Merritt Island. Therefore, you are required to provide a document as legal proof of ownership of the vehicle’s title.1
Pictures of Your vehicle
The value of your vehicle is typically determined through an in-person inspection; however, the title loan provided by 5 Star Car Title Loans in Merritt Island is designed to make the application process as easy and stress-free as possible for you.
Sending us a few photographs over email is all that is required to validate the make, model, and age of your automobile as well as its current situation.
Your name and face have to be matched up with a genuine identity.
Although a passport or a state-issued identification card are other acceptable forms of identification, a driving license is by far the most common form of proof of identity in Merritt Island, FL.
There is a multitude of ways in which you can provide evidence that you are a resident of Merritt Island, FL, including the following:
- Bills for household utilities
- Account at a bank
- Mortgage statement
- Lease agreement
- Voting Certificating
Proof of Income
You need to provide evidence of your income in order to get an instant approval for a vehicle title loan in Merritt island. This is done to ensure that you have the financial capability to repay the loan in a timely manner.1
As evidence of your financial stability, you may present any one of the following documents:
- Recent pay stubs
- Pension papers
- SSI statements
- Retirement account statements
- Tax returns.
The very last thing that will be required of you is to provide a list of references that are able to vouch for your dependability and reputation. These may be professional in nature, related to one’s personal life, or a blend of the two.
How Much May I Borrow with a Car Title Loan in Merritt Island?
It’s helpful to know how much cash you can borrow with a title loan in Merritt Island. It gives you an idea of how long the loan will take(Repayment process) and how much you will have to pay each month.
The same things that determine whether you can get a title loan also determine how much money you can get from one. You can get a loan depending on the present value of your car and your ability to pay it back quickly.
You can call us or stop by our Merritt Island, FL branch to ask about the loan inquiry.
Use Your Car to Get Cash and Keep Driving It
A common misconception concerning title loans is that the lender would take possession of your vehicle until the debt is paid off. On the other hand, reality is the polar opposite of this. When you apply for 5 Star Car Title Loans in Merritt Island, your car’s title can be used as collateral and we will only put a lien on it.1
Once your loan application has been processed and accepted by 5 Star Car Title Loans, you will be able to take your car back with you along with the loan amount that has been granted and spend it any way you see fit.
After you have finished paying off all of your loan installments in Merritt Island, the title to your vehicle will be transferred back into your name.
Can I Apply for Car/ Auto Title Loans 100% Online Without In-person Inspection?
When you apply online for 5 Star Car Title Loans in Merritt Island, FL, you don’t have to schedule an in-person inspection of your vehicle. Your vehicle can instead be photographed and sent to us for review.
To get the most out of your shots, be sure to capture the interior and outside of your car from a broad perspective.
Without having to do an in-person inspection, we may use this information to determine your vehicle’s current condition online.