Title Loans in Chattanooga
Speedy Cash Can Be Yours Today
No one likes that feeling of being out of cash. Even if you wanted to go out and do something, you know you can’t because you’re out of money. It can be a real downer.
5 Star Car Title Loans understands your situation and offers a way to help. If you own a car, then you can use that car (or other vehicle) to get cash quickly.
Here’s how simple it is. Let’s say you own a car or a motorcycle that you’ve finished making the payments on. If you look at your vehicle title, you’ll see that your name is on it as the sole owner of your vehicle.
Without the need to give up your auto, you can apply for a secured loan. The value of your car is enough security to use for a quick car title loan. Depending on the value of your vehicle, you can get quick cash to use for any emergency need.
If you could use some extra cash today, feel free to contact us by phone or to go online and submit a title loan application.
What Are Title Loans in Chattanooga?
A title loan is a type of personal loan. You can use the funds for anything you need, but it is secured by something valuable that you own. In the case of car title loans, the money is secured by the value of your car.
Secured loans are much faster and easier to get than a traditional bank loan. Bank loans are unsecured loans, so there can be a lot of red tape and hassles to go through to get money.
Using your vehicle as security for a loan only requires you to give up your vehicle title – not your vehicle. This is a win-win situation, since you end up with cash in your pocket and money in the bank!
There aren’t any restrictions to how you spend the money, so you can use it for anything you need!
How to Get Started with Online Title Loans in Chattanooga
It’s super simple to begin your request for an auto title loan. You have options that include calling our customer service team, visiting a local office or submitting an online application.
Many consumers love the convenience of applying online. Here are some of the reasons why to choose online title loans:
- Short form requires only 10-15 minutes
- Log on to the 5 Star Car Title Loans site anytime
- Quick response
- Website always available
When you’re ready to apply online, here are the easy steps:
- Anytime of the day or night, on any day of the week you can log onto the website.
- Click the application form and fill it out.
- Submit the request.
- Within a few minutes receive a pre-approval decision.
You won’t need to spend a lot of time with your application, because we don’t ask a lot of questions! It is very important, however, to provide us with the basic details of the vehicle that you own. With these details, the value of your vehicle can be verified.
After your title loan request is pre-approved, you will be instructed to continue on to get final loan approval. Your customer service clerk is always available to help as needed.
Documents for Final Approval of Title Loans in Chattanooga
To verify your identity and verify your documents for final approval of your title loan, a short list of documents will be requested. By preparing them in advance, it will help the customer service team with a speedy credit decision and final loan amount.
To begin with, these are the documents and information that will be helpful:
- Clear copy of your vehicle title – go ahead and double check that your name is clearly listed on your title. Your name should be the only name on the title, to confirm that you are the owner of the vehicle. The registration needs to show that it’s registered in Tennessee.
- Place where you live – the easiest way to confirm your address is by sending in a recent utility bill that has your name on it. Other proof can be a copy of your lease or mortgage or a bank statement or credit card statement with your address. Keep in mind that your address needs to be in Tennessee.
- Monthly earnings – however you receive money each month, write it all in a list. Provide proof of your income with documents such as bank statements, official government letters or salary stubs.
- Your bank account – By giving us the details of your bank account, we will be able to quickly add your final loan amount to your personal account with a direct deposit. Provide us with the bank’s name, the name on your account and your account number.
- Photo ID – this needs to be a form of identification given to you by the government. The best documents are your driver’s license, a passport or a state ID.
Our team will go through your verification documents as quickly as possible so you won’t be left waiting for final approval. Once your title loan request is approved, your money will be prepared for deposit.
Factors for Assessing Title Loan Amounts in Chattanooga TN
When you send in your request for an urgent title loan online, we know you’re in a hurry for the money. To get you the fast cash you’re waiting for, we race through the entire process as quickly as possible.
There are a few main factors that go into a final approval for title loans online. As soon as your eligibility is determined, you will be informed by the lender.
3 Main Factors:
- The vehicle you own – give us all the details of your vehicle so we can confirm its value as accurately as possible. Include such information as:
- Model and type of vehicle
- General condition inside and outside
- Number of miles driven
- Recent photos or documents from an inspection
- Year
- Your income amount is high enough – we want to make sure that you will easily be able to make the monthly payments on your car title loan. According to your income, we can finalize your loan amount.
- Meeting 5 Star Car Title Loans basic credit criteria – we keep it as simple as possible so that your request can be approved quickly.
Bad Credit – All Credit Types Welcome to Apply
We don’t think that getting a bad credit loan should be complicated. We understand that times can be tough, causing your credit rating to plummet. Sometimes this happens if there is an illness in the family that affects your paycheck. Other factors that affect your credit score are losing a job, too many bills to pay or unexpected expenses.
For whatever reason you have bad credit, you can still be eligible for a quick title loan in Chattanooga. Don’t let a bad credit rating stop you from sending in your car title loan application! We will be happy to accept it and provide you with a credit decision.
Vehicle Types for Fast Approval
There are many different vehicle types accepted for title loans. Even though vehicle title loans are commonly referred to as car title loans, they can include various types.
Here is a short list of the most common vehicle title loans:
- Private auto
- Truck
- Recreational Vehicle
- Camper
- Boat
- Motorcycle
If you have any other type of vehicle with value, be sure to contact our customer service team to find out if you can use its value for a title loan.
Cash for Any Purpose in Chattanooga
There are many ways to enjoy extra cash in Chattanooga that are highly recommended. Maybe you have been wishing you could visit some of the sights but you just don’t have enough cash.
After your emergency expenses are paid and you are back on your feet, why not take time to enjoy your city? Some of the sights have a steep entry fee but others are free.
Fun sights in Chattanooga TN:
- Tennessee Aquarium – worth a whole day with so many things to see!
- Take a Chattanooga trolley tour
- Visit the Lodge Museum of Cast Iron
- Shop and hang out at the Chattanooga market
- Spend the day at the Chattanooga zoo
Whatever you decide to do with your loan amount, it’s your choice! Pay your bills and then make the most of what Chattanooga, TN has to offer!
Getting Started with Your Quick Cash Loan
As a vehicle owner, you are invited to send in your application for an auto title loan at any time. Why suffer from the lack of cash, when you can get online loans in Chattanooga TN today?
We are waiting to hear from you anytime. We set up a streamlined application form that is online. Fee free to check it out!
There is no obligation to accept a loan offer. It takes only minutes to find out more details.
