All you need to do to apply for a car title loan is have either your own car or equity in one. If you have either one, then you can likely qualify for a loan of up to 25-50% of your car’s value.
From there, you need to find a lender. Title loans often have high APRs and short repayment periods, so it’s important to shop around before you sign an agreement. Remember, title loans hold your car as collateral, so it’s worth taking some time to find a good offer.
Once you’ve chosen a lender, gather the following documents:
If the lender approves your application, you just need to sign the agreement and start making payments!