Desert Title Loans offers access to online title loans in Tucson, and anyone can qualify with a paid off vehicle. These title loans are great for borrowers with poor credit who can't qualify for an unsecured loan and you can borrow $2,500 to $20,000 using the equity in your vehicle!
How Do Auto Title Loans Work In Tucson?
Auto title loans use your vehicle's collateral as security for a loan. In Tucson, you can qualify with any lien free car, truck, or SUV. The vehicle is titled in your name with no other cosigners.
Start by applying with Desert Title Loans online or call 623-526-5001, and we'll then match you with a local lender. That title loan company will underwrite your application, schedule a time to inspect the vehicle, and let you know how much you can borrow. Your loan amount is based on the vehicle's resale value, and you can expect to borrow 40% or more of the vehicle's equity.
It takes less than 24 hours to process your application fully and once you sign the loan docs,, you can arrange a title to get your cash. Have the funds sent straight to your debit card, or if you need the money quickly, you can pick up a money order at locations in the Catalina Foothills or any shop near the University of Arizona.
Requirements For Title Loans Lenders in Tucson
Any type of online title loan requires collateral in the form of a paid off vehicle. This means the car's title should be in your name, with no other cosigners or lienholders. You will need proof of income from your current employer or other bank documents showing you can afford the loan's monthly payments. Some title loan companies in Tucson will ask for proof that your vehicle is insured and registered within Arizona.
Loan Amounts From A Tucson Title Loan Company
Your loan amount is entirely based on the vehicle's resale value. First time borrowers can expect a title loan of $1,000 to $10,000, with smaller amounts for those who apply for registration loans.
Remember, the more your vehicle is worth, the more you can borrow. Newer cars and those with minimal mileage will qualify for higher loan amounts.
Often we see funding approvals within 24 hours when you meet with a direct lender in Tucson and submit to a vehicle inspection. More car title loan companies are in Central Tucson and near the University of Arizona. There are fewer lenders in the Catalina Foothills and Westside parts of town.
Apply with Desert Title Loans, and we'll get you an instant approval estimate in less than an hour. Call us at 623-526-5001 to start your application!