So, you paid off your vehicle. You received the car title, showing that you own the vehicle free and clear. But now you can’t find that important piece of paper. What happens now? Will you be able to prove that you own the car? Can you still get a title loan? Here’s what you need to know.
Start with a title loan inquiry
If you want to get a title loan but have lost your title, start by contacting a title loan company to conduct an inquiry. This will allow the company to determine if you can prequalify for the loan. The status of your title will not matter at this point.
Determine the status of your title
If you’ve confessed “I lost my title,” don’t worry. This does not change the ultimate status of your title. Your title loan company can check on the status to determine that there are no liens and everything is cleared to take out a loan.
Confirm with the DMV
If you want to get a title loan without a title, you simply need to file a form with the DMV that lets them know your title is missing and requests a new one. This typically involves a small fee. Your title loan company may be able to complete this paperwork for you and simply add the fee to your loan.
Move forward with the loan process
Once the title request has been submitted, you can usually continue with the rest of your title loan process. This will involve final approval, document signing and receipt of the loan. Your title company will work with you to finalize these steps and get the money into your hands.
Remember, it’s common
Keep in mind that you aren’t the first person to say, “I lost my title—now what?” It’s actually fairly common for people to misplace their title, so it’s also common for people to request a title loan without this document. Your local title loan company is experienced at working with people who don’t have their title and finding a solution to get the funds into their customers’ hands.
If you need a title loan without a title, look to your local title loan company for quick cash. You can find low rates and payment plans that fit your budget. Find a company that offers no prepayment penalties or hidden fees and has an established reputation in the industry.
No title, no problem
Cash-N-Go Auto Title Loans of Phoenix offers a comprehensive range of loan options based on your short-term financial needs. If you need a title loan but don’t have your car title, contact our team. As a leading provider of title loans throughout the area since 2000, we are known for getting our clients the money they need at low, competitive rates, with no credit required. Call today to let our experts get started on your title inquiry. We’ll take it from there! You’ll have the cash you need in no time. Reach our title loan experts at 602-264-3640.
Categorised in: Title Loans