Yes, but not as much as you think. All major discrepancies such as foreclosures and bankruptcies can prove difficult to overcome, however, if simple bad credit is holding you back from applying we still encourage you to try. Bad credit is one of the last variables considered when it comes to your repayment ability.
At Master Title Loans, We are more concerned with the value of the vehicle being financed and your ability to show you can repay the loan without hardship.
Yes. All applicants who intend to apply for a car title loan should have verifiable income from a steady source going as far back as several months. If you are currently not earning income, We will not be able to prove responsibly that you possess an adequate ability to repay. You loan amount may also be affected by your current debt-to-income ratio.
Absolutely not. All title loans are eligible to be paid in full without a prepayment penalty after your first month’s payment. Once all payments and documents have been cleared. Your title will be returned to you.
The finance amount will vary based on any remaining value in your vehicle. Master Title Loans is an industry leader and we may offer significantly more for your vehicle than the “other guys”.
Chat with one of our specialists right over the phone and we should be able to provide you with an accurate estimate in as little as 15 minutes. Once your vehicle has been officially inspected your official offer with an exact dollar amount will be made.
All vehicles to be considered for a title loan must have valid insurance that meets your state minimum requirements for liability and property damage. After quickly pre-qualifying your vehicle right over the phone , consider reinstating your insurance immediately to be officially considered for a car title loan.
Vehicles with pre-existing liens do not qualify for a title loan. All cars to be considered for financing must be free and clear of any debt as well as be owned outright by the individual applying for financing.