When researching Carolina title loans, you might wonder if Charleston, SC, part-time eligibility, and your overall employment status are important factors. The truth is that the requirements can differ among lenders; however, qualifying for a car title loan as a part-time worker, freelancer, or even an unemployed person is still possible.

In this guide from Carolina Title Loans, Inc., we will explain whether you can get a title loan without having a full-time job. We will review the process and requirements you will need to get approved, even if you don’t currently have income.

Can You Get A Title Loan Without A Full-Time Job?

Some lenders might ask you to provide your most recent pay stub or other proof of income when taking out a title loan. However, if you decide to work with Carolina Title Loans, Inc., you’re only going to need your state-issued photo ID, clear title, and vehicle. This means that you wouldn’t have to bring in any documents to show your income.

You might qualify if you don’t have a full-time job. In fact, even unemployment won’t necessarily prevent you from getting the money that you need.

With that being said, if you do not have a stable income at the moment, you might find it challenging to pay back the loan. It is essential to weigh all the pros and cons before making such an important financial decision. Failing to repay the loan can lead to late fees and losing your car, so only borrow a loan if you feel you will have the money to repay it within 30 days.

How Is The Title Loan Amount Determined?

When going for a payday loan or plenty of other loan types, the amount that you may be able to get would usually depend on how much you earn. This won’t be the case with title loans. If you’re searching for Rock Hill, SC, loan approval help while you don’t have a full-time job, you might want to consider this specific loan option.

The market value and condition of your vehicle would determine how much money you might be able to get. After you apply for a title loan, a professional will schedule an in-person meeting with you. The primary purpose of the meeting is to verify your documents and conduct a brief inspection of your vehicle. The entire process may take only about half an hour, and you may be offered up to $15,000.

The verification agent typically uses a national evaluation guide to determine the value of your car. You can also do that from the comfort of your home, by the way. Simply visit the Kelley Blue Book website, enter some basic information about your car, and you’ll get a rough estimate of what it is worth. You’ll usually receive 50% of what your car is worth.

Here are the vehicle factors that can influence your title loan value:

• Vehicle age
• Vehicle make and model (EX, Toyota Camry)
• Interior and exterior condition
• Odometer reading (how many miles your car has on it)
• Modifications (spoilers, paint job, body kits, etc.)
• Maintenance history

What Are The Title Loan Requirements?

As we have already explained, a full-time job is not a requirement for taking out a title loan. However, that does not mean that absolutely everyone would be able to qualify for this lending option. You will need to meet certain requirements, including being of a specified age, having a vehicle of a certain value, and being the full owner of the car.

Here are the required items for title loans in South Carolina:

• State-issued photo ID – You will need to verify your identity and age to get approved for a title loan. You can only enter into one of these legal agreements with a loan if you are a legal adult above 18 years old. You can prove this using a driver’s license, state ID, passport, or other state-issued photo IDs.
• Lien-free vehicle title – Borrowers must own their car, truck, or van outright to get approved. That means fully paying off any debts, liens, or judgments. Your vehicle title must also be in your name and match the name on your ID. If your title isn’t in your name, you will have to get a title transfer before applying.
• Your vehicle for an inspection – As mentioned above, we will have to inspect your car during an in-person meeting for you to get approved. You must bring the vehicle attached to your title with you to one of our stores. As long as your car has value, you can get approved for a car title loan.

Contrary to popular belief, a good credit score is not a requirement when taking out a title loan. Even those with a poor or non-existent score may still qualify because you use your lien-free vehicle title as collateral.

How To Get Approved For A Title Loan

Whether you have a job or not, you can get approved for a title loan in South Carolina. At Carolina Title Loans, Inc., our simple approval process allows residents of places like Rock Hill, Charleston, Columbia, etc. to get approved.

You will just need to complete a few easy steps, and you should be able to finish the same day you apply. After applying online, you can visit one of our nearest South Carolina stores to get approved in less than 30 minutes.

Here is how to get approved for a title loan with us:

1. Fill out our online form – Contact us to notify us of your interest in our title loans. While you can complete this process over the phone or in person, it’s easiest to fill out our online inquiry form, which can be found on this website. It takes less than five minutes to provide your name, zip code, email address, phone number, and vehicle details.
2. Speak to a loan rep over the phone – After submitting your online form, a loan representative at the location nearest to your zip code will receive and review it. They will then call you to explain the process and answer any questions you have.
3. Bring your required items to the nearest store – Following the phone conversation, you can gather your required items and head to the nearest store. Once there, one of our loan reps will verify that you meet our requirements and inspect your car to determine its value. This process takes less than 30 minutes.
4. Sign the loan agreement – If you get approved, we will explain how much you can receive. At this point, all you have to do is sign the loan agreement to complete the process. You will now receive your title loan cash later that day or by the next business day.

Get A Title Loan In South Carolina – Receive Up To $15,000 Today!

Need emergency money today? You don’t need income to get a title loan to help with emergency expenses. Carolina Title Loans, Inc. can assist you in getting Rock Hill, SC, loan approval help regardless of your income and credit score. Borrow money today to help you pay for emergency costs. Just fill out our online title loan form, and we will get you approved within 30 minutes!

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