Getting Approved For A Title Loan. What’s Next?
May 19, 2020 | Emma Frost
So you finally decided to get your first title loan. Now what? Well, now is when the benefits of your car title loan kicks in! When you are going through an unexpected emergency – and we all know we all go through them – your title loans Myrtle Beach will bring you the financial relief you are looking for. From medical emergencies to home repairs, your auto title loan will cover all of it. Although they may not bring you permanent financial stability, but they will help with your most pressing expenses that you cannot handle with your own paycheck or savings.
And even if you don’t need to handle your emergency right this minute, you can use your title loans to recover from your emergency. Whether it is to buy insurance for the next emergency or maintain your necessary expenses while you are trying to recover from whatever unexpected emergency you just went through. Your vehicle title loan can also be used to help your credit actually improve. So if you’ve been dealing with poor credit and no idea how to fix it, or if you are scared of your credit going down due to your financial emergency, your title loan can help you out with that as well. But if you haven’t gotten your title loan yet, you have to know what a title loan actually is.
What Is A Title Loan?
A title loan is a loan using a vehicle title as collateral for that loan. These title loans are designed to be a short term cash-flow strategy and not as a long-term fix for financial problems. This basically means you can bring in your vehicle title and use it for cash. You don’t have to worry about not being able to drive; the loan is based on your title, not your car, so you can keep driving while you are making payments towards your loan. One thing to keep in mind is, when you turn in your title to us, you are giving us the permission to repossess your car if you fail to make payments to your loan. But we at Carolina Title Loans are flexible; so if you are having difficulties staying on your payment plan with us, just give us a call or visit us and we will see how we can best help you.
What Documents Do You Need?
The Necessary Items For Title Loans SC
Getting a title loan is simple and only requires a few easy-to-obtain items. We don’t make you go through a process that is stressful and takes up hours of your day to complete. At Carolina Title Loans, this process is different from other loans and takes about 30 minutes or less from the time you come in. And you only need to bring three items in order to go through the process. Those three items are:
- A clear or lien-free vehicle title in your name. This means your title is free of any outstanding loans or judgements and you own it outright. If the title is not in your name, you’ll have to get that changed at the DMV before you come in.
- Your vehicle that matches the title. When you come down, we will conduct a quick, five minute car inspection in order to know how much you are qualified for.
- Your state-issued ID or your driver’s license.
What Can Your Title Loan Do?
If you did already go through the process and you have your title loan money in hand, you may be asking yourself, “now what?” Well, now is when the benefits of your title loan kick in. You can get a lot done when you turn to title loans in Myrtle Beach. You can get through your unexpected emergencies a lot easier with the help of car title loans in Myrtle Beach, South Carolina. And if you’ve already been through your emergency and need help getting back to a little financial stability, your title loan can help with that as well. While it isn’t a permanent fix, an online title loan can help you get closer to where you want to be with your finances. And, probably the biggest benefit, you can still qualify for a title loan even if you have poor credit. As a matter of fact, you can use your title loan to help improve your credit. If you are making payments to a medical emergency or a car or home repair, you are helping your credit slowly increase.
Get Started Now
As you can see, your title loan can help you handle big emergencies. Any type of emergencies you experience tend to have pretty hefty price tags attached. So, having your vehicle title loan to back you up can give you a great piece of mind for you and your family. If you are ready to get started, just fill out the online form or give us a call. If you decide to fill out the form, you will receive a phone call from one of our store representatives. Once you hang up the phone, just drive to one of our South Carolina locations with the three necessary items and complete the process. You can also give us a call and let us know where you want us to meet you. We will come to you and complete the process right at the location of your choice.