• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • HOME
  • RECOMMENDED BOOKS
  • FREE TOOLS
  • CONTACT US
  • ABOUT

The Fortunate Investor

Investing, Business & Personal Finance For Wealth Builders

  • Save Money
  • Invest Your Money
  • Get Out of Debt
  • Making Money Online
  • Family & Money
  • Taxes
  • Business
  • Retirement
    • Retirement Calculator
Home » 4 Types of Title Loans That You Can Get If You Have a Cash Emergency

4 Types of Title Loans That You Can Get If You Have a Cash Emergency

December 16, 2019 By Bobby | This article may contain affiliate links. For more information visit our Disclosure

Tweet
Share
Pin
Share
Share

4 Types of Title Loans That You Can Get If You Have a Cash EmergencyDo you own a vehicle? Do you need money but are worried about qualifying for a loan? If so, you may want to consider applying for one of four types of title loans. Title loans allow people with vehicles to get secured loans with worrying about their credit scores. You can have bad credit and take out one of these loans. If you have steady employment and a vehicle title, you should be able to qualify. Below is an overview of the four main types of vehicle title financing.

1. Car Title Loan

This type of loan goes by one of several names: car collateral loan, pink slip loan, or auto equity loan. As long as you have a car, you can receive approval for car title loans. The amount of financing you get will be determined by several criteria including your employment, time on the job, and the value of the vehicle.

Usually, you can receive funding in one day when you apply for the loan. Therefore, you can meet your emergency expenses easily. You can either apply online or visit a vehicle title loan office near you.

2. Truck Title Financing

If you own and drive a semi-truck, small truck, flatbed, pickup truck, or box truck, you can apply for this type of loan. To obtain truck title loans, you need to provide a valid ID, proof of income such as a pay stub or bank statement, vehicle registration, proof of insurance, and proof of residence. You can use a utility bill for proof of residence.

You don’t need to sell your truck if you need cash. Instead, take out a truck title loan to help you with expenses while keeping your transportation.

3. SUV Title Loan

SUV Title Loan

If you have an SUV, you can take out a title loan for a cash emergency or to pay down any debts that you find difficult to pay off. When you apply for this type of title loan, bring in the title to the loan office, sign the documentation, and receive your cash.

Once you apply for the funding, the loan provider becomes the lien holder for your SUV. Simply put, this means that the loan provider will keep the SUV’s title as collateral until you pay off the loan amount. Ask the financial services company about the terms for repayment and your repayment options.

4. Motorcycle Title Loan

Just as with a car title loan, a motorcycle title loan can be secured so you can obtain cash in an emergency. Many people do not know that they can obtain loans by using the title of their motorcycles as collateral. They just think that title loans are designed for people with cars or trucks. Fortunately, motorcycle riders can also take advantage of the benefits of title loan financing.

You can get approved online, on the phone, or at the financial service company’s brick-and-mortar location. You can also ride your motorcycle while you are using the loan money and repaying the loan just as with other title loans.

  • About
  • Latest Posts
Bobby
Latest posts by Bobby (see all)
  • 4 Ways to Protect Your Investment - March 3, 2021
  • Tips for More Efficient Production Processes - March 3, 2021
  • How To Start a Retail Online Store - March 1, 2021

Primary Sidebar

Popular Articles

4 Ways to Protect Your Investment

4 Ways to Protect Your Investment

In the current economic climate, which has seen the collapse of several businesses and sectors, how … Read More about 4 Ways to Protect Your Investment

Tips for More Efficient Production Processes

Efficiency is an important word in the world of business, and if you’ve found that your production … Read More about Tips for More Efficient Production Processes

Picking Your Next Business Premises The Essential Considerations

Picking Your Next Business Premises: The Essential Considerations

It’s a daunting process when you come to pick out new premises for a business - the mere act of … Read More about Picking Your Next Business Premises: The Essential Considerations

What Are Bail Bonds And How Does The Process Work

What Are Bail Bonds And How Does The Process Work?

When a person has been accused of a crime, that individual will need to pay bail to be released from … Read More about What Are Bail Bonds And How Does The Process Work?

Why Hiring a Lawyer Is the Best Solution for Uncertain Circumstances

Why Hiring a Lawyer Is the Best Solution for Uncertain Circumstances

When applicable, hiring a lawyer is usually the go-to option to help you solve a variety of … Read More about Why Hiring a Lawyer Is the Best Solution for Uncertain Circumstances

Footer

TOPICS

SAVE MONEY
INVEST MONEY
REDUCE DEBT
MAKE MONEY
FAMILY & MONEY
TAXES
START A BUSINESS
RETIREMENT

THE FORTUNATE INVESTOR

ABOUT US
ADVERTISE
CONTACT US

The Fortunate Investor focuses on personal finance topics to build wealth. Topics include saving money, investing, managing debt, family and money, taxes, making money, college planning, starting a business, coupons and retirement.

SOCIAL MEDIA

FACEBOOK
TWITTER
PINTEREST
INSTAGRAM
YOUTUBE

Copyright © 2021 Fortunate Investor. All Rights Reserved. | Disclaimer & Disclosure | Privacy Policy | Terms of Service