One of the great things about title loans in Fresno is the fact that they are so much easier to obtain than other kinds of loans.
The process of approval for a title loan usually takes about one hour* or less, and many times you will be able to walk out with money in your hands on the same day you applied.
How Much Cash Can I Get?This is almost unprecedented in the loans industry. For some traditional bank loans, you can wait up to a week for approval.
A title loan is essentially a type of secured loan in which a customer can take out a loan against the title of the vehicle. There are various types of title loans, including: Car title loans, Motorcycle title loans, RV title loans, Commercial truck title loans, etc.
How Much Cash Can I Get?What are the Requirements for a Title Loan in Fresno, California?
So, what are the requirements for car title loans in Fresno, CA? below are the basic requirements** you will need to present during the approval process:
- The vehicle’s title free from any liens
The most basic requirement you need is to show proof of ownership on your vehicle. The vehicle needs to be free from any liens from other financial institutions. If your vehicle is still financed through another lender, we might still be able to approve you for a title loan in Fresno, California through a buyout. Call us to find out how!
- A valid proof of income
You must show that you have steady income coming in. This is very important as you must show you have the ability to repay back the loan. Being currently employed is not necessarily required.
- A government issued ID
Your ID must be presented, be valid and issued by a government entity.
- Vehicle insurance
Vehicle insurance may be required depending on various factors, such as the loan amount.
- Bankruptcy dismissed discharged
We base your approval on your current ability to repay the loan. Therefore, you may still get a loan if you have had Bankruptcy in the past. We just need to make sure the BK is no longer active.
*Form Inquiry processes could take five (5) minutes to complete. Upon completion, a conditional approval may be given pending review of documentation. Funding time is based on the time from final approval following receipt and review of all required documents and signing.
**Additional documentation may be needed for an approval for a title loan. 5 Star Title Loans has some of the most knowledgeable loan experts in the industry, and we will do everything in our power to get you approved for an auto title loan!
How Do Title Loans Work?
The finance company which finances the loan will place a lien on the vehicle’s title in the state at which the loan is taken at. This process is done directly through the DMV in each state. Once the loan is paid off in full the lien will be removed, and the vehicle’s title will be returned to you, lien free.
Title loans often have higher interest rates than most traditional bank loans you can get at a bank. Therefore, you should consider other options before settling on getting a title loan in Fresno, CA. Many people do not qualify for a traditional bank loan, so title loans are a good option for them.
5 Star Car Title Loans is one of the oldest and best-known title loans lenders in Fresno, California. Give us a call and find out how you can improve your financial life with just one simple phone call.
Where Can I Go for My Title Loan in Fresno, California?
5 Star Title Loans Fresno, CA services are available all around the city of Fresno. You can go ahead and complete our fast auto title loans online process right from the comfort of your own home. If you would still like to visit one of our locations, we have three conveniently located offices around Fresno:
1444 Fulton Street Fresno, California, 93721 located in Downtown Fresno- One of our two downtown locations. Located right in the center of downtown Fresno, right in between all the major freeways leading into the center of the city. Near all the major downtown Fresno sights.
3120 East Tulare Ave. STE 102 Fresno, CA 93702 located in Downtown Fresno- The second of our two downtown locations. Located very closely to our first downtown location. This location is in a busy shopping center, so you can run other errands while getting that needed extra cash!
3709 East Belmont Avenue Fresno, CA 93702 located in East Downtown Fresno- This location is outside of downtown Fresno to the East. This location is easily accessible from Fresno Airport and in close proximity to the city of Clovis, right outside the city center.
*The above locations provide only registration services and do not issue loans.
What About Bad Credit Title Loans?
While a good credit score can be very important for many things in life, it is simply not that important to get approved for a title loan. At 5 Star Car Title Loans in Fresno California, we always want to look towards the future, and we understand that a credit score only represents the past. We do not want to hold back on approving you for a loan simply because you may have made a poor financial choice in the past.
There are two important factors as to why we do not need you to have a stellar credit score to approve you for a title loan:
- Your vehicle is our collateral on the loan
In any type of title loan, whether it is a car title loan or a motorcycle title loan, your vehicle is our guarantee on the loan. generally, there is much less risk involved when the loan is secured by such a collateral.
- A credit score is not necessarily the best indicator of your intentions
While some financial institutions may view your credit history as the best indicator for how you will make your future payments, we feel we should give you more trust than that. Many people just made a bad financial decision in the past, and at 5 Stars Car Title Loans Fresno, we believe everyone deserves a second chance.
*Loan approval is subject to meeting the lender’s credit criteria, which may include providing acceptable property as collateral. Actual loan amount, term and Annual Percentage Rate of the loan that a consumer qualifies for may vary by consumer. Loan proceeds are intended primarily for personal, family and household purposes. Minimum loan amounts vary by state. Consumers need to demonstrate ability to repay the loan.
Auto Title Loans Sacramento California
Wherever you live around Fresno, 5 Star car Title Loans got you covered. You can use our services to get car title loans in Fresno CA in all the cities and areas around Fresno County, California:
Apply for a Title Loan in Fresno, California Today!
There is no need to wait, 5 Star Title Loans in Fresno, CA offers you two convenient ways to get started on your title loans process:
- Call our sales team
Our customer service representative will be glad to get your process started right away! At first, we will ask for your basic personal and vehicle information. Once you are pre-approved, we will let you know what documents and requirements to send over to us.
- Apply online
We have recently upgraded our online inquiry form. It will only take you a few minutes to complete this simple, 3-step form. Upon submitting the online application, we will call you right back and inform you of the next step.
With 5 Star Car Title Loans Fresno, in just a few short minutes, you can be on your way to a brighter financial future. Do not hesitate and apply online or give us a call at (323)-870-9511 today!
*The online application could take five (5) minutes to complete. Upon completion, a conditional approval may be given pending review of documentation. Funding time is based on the time from final approval following receipt and review of all required documents and signing.
Get Started On an Auto Title Loan in Fresno!
There are so many beautiful and special cities in the state of California. Fresno is the largest and most diverse of the cities of the central valley, also called the San Joaquin Valley. The city, which lies in the geographical center of the state, is approximately halfway between Los Angeles, San Francisco and Sacramento.
With a population of more than half a million people, it is the 5th largest city in the state. With such a large and diverse population, Fresno is dealing with some of the same challenges as the rest of the cities in the state: primarily a rise in the cost of living.
More and more people around Fresno are in need of extra cash every now and then, and 5 Stars Car Title Loans in Fresno provide some of the best options available for emergency funding. 5 Star Title Loans is one of the leading title loans lenders in and around Fresno. It is no wonder our customers around Fresno have such high praise for our services.
What are you waiting for? Contact us today so we can get started on your auto title loan!
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5 Star Car Title Loans
