columbia loan on cash title

What To Know About Columbia Cash Loans On Car Titles

When it comes to borrowing cash in an emergency, Columbia cash loans on car titles are one of the most popular ones. This is because of their accessibility and minimal qualifying requirements. On this page, we want to run you through the things that you need to know about these loan types.

Here’s What You Should Know About Columbia Cash Loans On Car Titles

1. Your Title Will Serve As Collateral

Columbia cash loans on car titles are a secured form of borrowing where your car title serves as collateral. The maximal amount of cash you can get for your vehicle title depends on the value of your car which is usually determined during a quick vehicle inspection. Here at Carolina Title Loans, Inc., we can issue title loans of between $601 and $15,000. Contrary to popular belief, you do not lose access to your vehicle for the duration of your car title loan. You can continue to drive it around as usual. We just keep hold of your vehicle's title.

2. Only 3 Items Required Are Required

You don't need much for a car title loan. While you will need a government-issued ID, the most important document is a lien-free title to the vehicle. You qualify for a car title loan only as long as you have no outstanding financing on your vehicle.

You will also need to provide your vehicle for inspection. This means that we cannot give Columbia cash loans on car titles if your vehicle is not physically present where you are located or if you can’t take it to the nearest location to be tested. The car inspection is necessary because the value of your car is based on the results of that inspection.

3. You Don’t Need Perfect Credit To Get Your Loan

Here, at Carolina Title Loans, Inc., we welcome applicants from all credit backgrounds. This is a secured loan designed for emergencies, and we know that many of those who consider title loans may not be in the greatest position when it comes to credit scores. That’s why we give an opportunity for everyone to qualify as long as they can meet the 3 main requirements: a driver’s license, a lien-free title, and the vehicle to be inspected.

all credit accepted for columbia cash loans on car titles

4. The Process Of Applying For Columbia Cash Loans On Car Titles Is Super-Simple

One of the major benefits of working with Carolina Title Loans, Inc. when it comes to car title loans is the speed at which the process works. In many cases, you can complete the initial inquiry in under an hour. We can have the cash sitting in your bank account within one working day, although this can happen within a few hours too (it depends on your bank).

The initial part of the process will always involve you telling us that you are interested in a car title loan by filling in that short inquiry form on our site. Next, one of our team members from the Columbia office will call you to discuss the details of your request.

The vehicle inspection can take place either at our Columbia store located at 7118 Two Notch Road or at a location of your choice, which is highly convenient. This means that you can have your vehicle inspected at your home or place of business if you wish. Of course, we do have Carolina Title Loans, Inc. all over the state, so you can always bring your vehicle to us instead.

After the vehicle inspection, we will quickly review your documents. Based on the information collected from the paperwork review and the vehicle inspection results, we’ll announce our approval decision and let you know how much you qualify for as well as explain the terms of the potential agreement. If everything seems to your satisfaction, you will be offered to sign the agreement and prepare to get your cash.

5. This Loan Type Works Best For Emergency Expenses

How you use your Columbia cash loan is up to you. Do remember, however, that this is a loan designed for emergencies. This means to help cover payments that need to be met right away. Basically, if you cannot live without paying for something now, it may be an emergency.

These are some of the most common situations when a South Carolina title loan may be especially beneficial. They are:

  • Medical expenses. This, especially, includes the short-term costs of medications.
  • Emergency travel. Perhaps because a vehicle is out of service, or you need an airplane ticket to visit a sick family member.
  • Vet bills.
  • Late bills, or perhaps bills that are a little bit higher than expected.
  • Car repair costs
  • Home repair costs
  • Emergency childcare costs

In some cases, people may use their cash loan when they have run out of cash closer to the end of the month but still need to cover essentials e.g. food.

Because there are no income requirements, this loan may be an option for those who have recently found themselves unemployed.

columbia cash loans on car titles

Looking For A Cash Loan In Columbia? Get In Touch Today

When it comes to Columbia cash loans on car titles, there isn't a whole lot that you really need to know. You just need to know that the process is fast, has minimal requirements, and you may be able to borrow cash with poor credit. To start the process, fill in the inquiry form on our site now.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.