Services
Insurance
Loans
Repairs
Advice
About

What do you need when applying for a car title loan?

My husband and I need some extra cash to finish remodeling our bathroom, but the bank rejected our personal loan application. Due to the loan denial, I want to apply for a car title loan. I’ve never applied for one before, so what do I need for a car title loan?

avatar
Jack Walsh · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Remodeling your home’s bathroom is timely and expensive, so taking out a loan to help cover the cost is an option. Just make sure you can repay the loan amount on time to avoid heavy interest costs.
Requirements for a car title loan vary by lender. In general, you need the following:
  • Completed loan application
  • Vehicle title
  • Driver’s license.
  • Vehicle registration.
While reviewing your application, the lender examines the vehicle and may request additional information such as references or proof of income.
Before accepting a loan offer, determine precisely how much you have to pay back and compare offers from multiple lenders.
Title loans often have expensive monthly fees and high
annual percentage rates (APR)
, so you may want to consider other forms of financing, including:
  • Low-interest credit cards
  • Loan from family or friends
  • Personal loan
These types of debt have lower interest rates and don’t require you to use your car as collateral.
To cover the cost of your remodeling project, you should look to save on other expenses, such as your
car insurance
.
If you want to save money on car insurance, the
Jerry
app is an excellent place to start. As a licensed broker, Jerry does the hard work of finding cheap quotes from the top name-brand insurance companies and helping you buy new car insurance. Jerry will even help you cancel the old policy on your behalf!
View full answer 
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

Join 4M+ members in lowering their car insurance

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings