Title Loans in Cleveland, OH
Are You Running Low on Cash in Cleveland? Read On!
It can have a really nice life when living in Cleveland. You have the Lake Erie shoreline to view each day and you’re near the US maritime border with Canada. And, you’re only a mere 60 miles away from Pennsylvania and all that it has to offer.
Life can be good if you have enough cash to enjoy the sites and entertainment spots. There are museums, tours and events if you have the money to buy tickets. However, if you don’t have the cash, you can be stuck at home.
You don’t need to be bummed out or depressed over money issues. If you own a car and have the title in your name, why not apply online for quick cash? You don’t need to go anywhere – from your living room couch you can apply online any time.
How Title Loans Can Help
Owning a car that has been paid off can give you a chance to use its value to secure a quick cash loan. By only using its value, you can still keep your car at home to drive it anytime you need to.
Your title is used to offer you a secured loan. The only change is that you will turn your car’s title into the lending office. While you are sending in your car title loan payments according to your contract, the lending office will hang on to your title.
After you finish your contract, you get your title back free and clear. That’s how title loans work.
Secured Loans vs Unsecured Loans
If you have experience with traditional bank loans, then you are familiar with unsecured loans. Unsecured loans are more complicated because the bank has to be 1,000% sure you will be able to repay the loan.
Traditional bank loans, therefore, require a lot of red tape, stacks of forms to fill out and many documents are required. In short, there is a lot of hassle involved! Even when you have completed the personal loan process for a traditional bank loan, you still have to wait.
By the time you get a final answer of approval, it could take a long time. If you have urgent needs today, you shouldn’t have to wait for your cash.
Title loans are secured by your car’s value. Secured loans are faster to process and quicker to apply for. There is not as much red tape when applying for car title loans and they are easier to get.
Benefits of Secured Title Loans in Cleveland
Compared to unsecured loans, there are many reasons to apply for a secured loan. Here are a few of those obvious benefits:
- The online application process is fast and easy
- You don’t need to make an appointment or wait for business hours
- Immediate response from the customer service team
- Quick credit decisions
- Fast funding with a direct deposit
All Credit Types Welcome to Apply
Are you worried about your bad credit history? We are not worried at all! If you have bad credit, you are invited to send us your request for bad credit title loans in Cleveland.
Whatever your credit history is, you can still be eligible for quick cash with a car title loan. We can offer auto title loans to applicants with any credit history because they are secured loans.
If you own a car, a truck, a motorcycle or a boat, send us the details of your vehicle. We will be glad to evaluate your request and give you a fast credit decision.
Don’t let a bad credit score stop you from applying! There is no obligation when you send us your application for an online title loan.
Let’s Get Started on Your Auto Title Loan Today
Do you wish you had some extra cash today? Do you have a list of expenses and purchases waiting for you to pay for them? If you’re going through any kind of a financial crisis now and need fast cash to help you get back on your feet, we hope we can help.
We know how hard it can be to keep your head above water in these difficult days. The way prices at the grocery store in Cleveland have been rising, it’s hard to even know how much money you’ll need each month.
Even for those buyers who usually stick to a monthly budget can get into cash problems. It can be emergency medical treatment, illness in the family, a few days without work or expenses you weren’t prepared for.
Don’t worry – that’s what car title loans are for.
Taking the First Steps to Your Instant Online Title Loan
Are you ready to take the plunge? Don’t worry – if you decide to not sign on a loan offer, that’s ok. You won’t be under any obligation for beginning the application process.
The first thing you’ll want to do is to send in an application for a title loan online. Here’s how that works:
- Go to the website at 5 Star Car Title Loans. Open the online application form.
- Fill in a few details about yourself and the vehicle you own. According to what you write about your vehicle, its value will be estimated.
- Submit the form and you’ll get a fast response.
If your request for a vehicle title loan is pre-approved, you will be instructed how to continue with the loan process.
Required Documents for Car Title Loans
Now that you’ve gotten through the pre-approval stage of the loan process, you can move on to the final approval stage. There is a short list of required documents to finish the process.
To get final approval, we need to verify who you are, establish the value of your vehicle, confirm that you can make the monthly payments and verify that you meet our basic credit criteria.
That might sound like a lot, but it only requires a few documents from you. Read on to check what is needed.
Be Ready to Submit the Following:
- Proof of how much money you earn – You can include your salary from each job you have and all the extra money you get from other places. Examples are government programs or subsidies, unemployment or child support. Prove these amounts with paycheck stubs, official letters or documents or your most recent bank statements.
- Title to your vehicle – You must present a valid title of a vehicle that is registered in Ohio. The title needs to be clear of liens with only your name listed as the vehicle’s sole owner.
- Details of your bank – To quickly deposit your emergency cash into your account, let us know which bank you have your account at and your account number. A direct deposit is the fastest way to get your cash.
- Place where you live – Give us the details of your place of residence with proof. We can use a recent utility bill, your rental contract or a credit card statement to verify your address.
- Driver’s license or other photo ID, such as a state ID – to verify your identity.
To begin with, these are the documents needed. If anything else is needed to pass on to the final approval stage, your customer service rep will let you know.
Getting Immediate Cash with Title Loans in Cleveland
Now that you’ve done your part and sent in the necessary forms and documents, the customer service team will get to work! They will confirm and verify all of your details so they can get you the emergency cash you’re waiting for.
To approve applications for title loans online, they will look at 3 points:
- The value of your vehicle – using the model, the type, the year and the overall condition of your vehicle, they will check Kelly’s Bluebook to get the current value. This also takes into account how many miles it’s been driven. In some cases, you may be asked to provide recent pictures or a mechanic’s inspection.
- Your confirmed income – your ability to pay when be taken into account for the final approval and the total loan amount.
- Basic credit criteria – this is to check that you meet the basic credit criteria of 5 Star Car Title Loans.
Signing a Car Title Loan Offer
When you get notice of final approval, you will also know the loan amount. If you are happy with the terms of the loan and the amount, it is your choice to sign it.
Remember that you’re not under any obligation to sign it if you don’t want the cash.
Submit your vehicle title to lender and your immediate cash will be prepared.
Most consumers choose to have the money sent the fastest way, which is through a direct deposit. You can discuss other options with your customer service rep.
When you see the money is in your account, spend it on whatever you want! Pay off your emergency expenses and then have fun visiting sights in Cleveland!
