couple approved for title loan

7 Important Things To Know About Online Title Loans In South Carolina

Sometimes we experience emergencies that we just can’t handle on our own. Of course, there are multiple options out there to get extra cash. You could try getting a part-time job, borrowing money from a friend or family member, or even going to the bank for a more traditional loan. While any of these choices work, it could take time to get the cash you need. You need an option that’ll get you cash quickly.

Get Quick Cash Now With Title Loans

If you’re in financial trouble and need to get cash fast, applying for online title loans is a good choice. But there are a few things you need to know before you go for one.

1. The Application Process For Online Title Loans Is Simple

The biggest attraction point of online title loans is just how easy it is to take them out. You only need your car and a couple of documents – a government-issued ID and your car’s title – to apply.

You can easily start the process without ever having to leave the comfort of your home; you just fill out the online form on the website and wait for one of our loan representatives to contact you.

From there on, they do their best to take care of you. During the call, they will provide all the information you might need about the process, remind you about the required documents, and you can either choose to meet them at a location of your choosing or at the nearest Carolina Title Loans, Inc. location.

2. Your Car Title Is The Most Important Part

Your car title is the most important document when it comes to title loans – which should be no surprise, considering the name. This is what you are using as collateral – we aren’t interested in keeping your vehicle, just the title.

When applying for online title loans, you must keep in mind that the representative won’t be checking the title until the face-to-face meeting, so ensuring it satisfies the lender’s demands is on you.

The title in question should be in your name and completely lien-free, otherwise you won’t be approved for the loan. Do ensure it’s so before you go to the meeting so that your time isn’t wasted. If you do need to make any changes to your title to qualify, you will have to take a trip to the DMV before you come see us.

3. All Types Of Income Are Welcome

Unlike other short-term fast loans, you aren’t asked to provide a pay stub when applying for online title loans. We are using your title for collateral, not your job. We won’t hold your income against you as long as you can handle the repayment.

As long as you can pay off the loan – it doesn’t matter where the pay is coming from. As long as you stick to the schedule, you shouldn’t run into any big problems.

4. Your Credit History Isn’t Held Against You

We here at Carolina Title Loans, Inc. won’t hold your credit score against you. All we assess to determine if you qualify for the loan are the car, your ID, and the car title. That is what sets us apart from traditional loans.

This makes online title loans accessible to a lot more who are in need. Even if your credit score is bad, or outright nonexistent, you won’t get automatically disqualified. So if you were letting your bad credit hold you back on getting this loan, there is no need to!

car title loans money

5. Your Credit Won’t Be Negatively Impacted

If you want to apply for online title loans, but are intimidated by the prospect of them negatively influencing your existing credit score – you can go ahead with no fear.

Title loans aren’t reported to credit bureaus – even if you default. So, as you can see, this loan has no impact on your credit history. It won’t be influenced either negatively or positively. So you can go on and get your auto title loan without worry.

The title loan is entirely between you and us here at Carolina Title Loans, Inc., so you have nothing to worry about when it comes to your credit. Your credit score has no connection to it at all.

6. You Get Cash Fast

The great thing about title loans is how quickly you can get through the process and leave with the cash. There is no waiting days or even weeks to learn if you’ve been approved or not.

The approval process takes on average around 30 minutes. That’s how long it takes for the store representative to assess your documents, complete the simple paperwork and determine if they can approve you for the loan.

If the loan representative can approve you for the loan, you get the cash either the very same day or – at the latest – the next bank business day.

7. Your Car Stays With You

One misconception about the title loans that seem to deter many potential borrowers from applying is losing your car in exchange for cash. Many hear car title loans and think they have to give up their vehicle to qualify.

This thinking is wrong. Just because this is a vehicle title loan, doesn’t mean you have to give up your vehicle. We are using your title as collateral, not the vehicle itself. This means that, as long as you keep up with your payments on schedule, you can keep your vehicle and use it whenever you want.

Our Application Process Is Simple

The application process for online title loans is pretty straightforward. Just follow this guide below:

  1. Go to the Carolina Title Loans, Inc. website and fill out the online form;
  2. Wait by the phone for a title loan representative to contact you from the nearest title loan location. This is where you can have them come to a location of your choosing or you can head to the store for the sit-down meeting;
  3. Regardless of what you choose, take your car, your lien-free car title in your name, and your driver’s license or government-issued ID to the meeting. The loan representative will assess your vehicle to determine how much you qualify for;
  4. You wait for the loan representative to assess everything and determine if you qualify for the loan and how much cash you qualify for exactly;
  5. If you get approved, you will get the cash you need either the same day or the next bank business day at the latest.

That is all there is to go through our process. It is simple and quick for anyone to go through. And if you have any questions along the way, feel free to just reach out to us!


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

June Mckaig

June Mckaig writes articles on finance and budgeting, hoping to provide insight amidst the overwhelming crowds of information on the internet. She feels that with all this accessibility comes a lot of false data, and she would like to contribute astute, helpful input that she knows can help others. If you would like to learn more about June's research, read more here.