Can You Get A Title Loan if You Do Not Have A Bank Account?
If you ever find yourself pinching your pennies and falling down a hole of financial problems, you might have desperately looked around to find a way out of the despair. Desperate times call for desperate measures, and it’s not uncommon for people to try out unconventional means to secure quick cash. However, rather than jumping onto more dangerous trends, why not scope out car title loans? They’re easy, efficient, and super accessible too. But can you still get a title loan if you don’t have a bank account? In this blog, you will find the answer to your burning question and so much more, so let’s get to it.
Can I Get a Title Loan Without a Bank Account?
One of the reasons why title loans are so incredibly easy to work with is that you do not need any additional requirements. That is to say, there is no extra paperwork, loopholes, or bank account charges that can cause your loan to snowball over time.
Title loans are secure, especially since they offer instant cash to the person who needs it. Forget about long queues and waiting for days on end because, with title loans, you can get cleared for a loan in just one day!
Moreover, you do not need a bank account to acquire a loan either. All you have to do is meet the basic requirements set by the lender. This typically includes proof of income and housing. As long as you can provide the title to your automobile, along with documents stating you have a steady flow of income and a house, you will immediately be qualified for a loan without any bank account.
How to Get a Car Title Loan Without an Account
The process of taking out a title loan is as easy as it can get. First, you have to apply for a loan. This is usually done by filling out a form and attaching the necessary documents to the file. Then, wait for the lender to reach back to you — if you applied online — to see whether or not you were cleared. Once the lender approves your request, you can communicate about the channel of payment to get your confirmed proceedings. However, make sure to negotiate with the lender and discuss repayment plans, as well as interest charges over time.
Repayment Options
Paying bank a loan on time is very important, but if you do not have an account for transactions, there are other repayment alternatives you can try, such as:
- Pay back the money through your phone.
- Send your loaned amount through the mail to your lender.
- Visit the lender in person to pay back the amount.
- If your lender has an app, use that to confirm the transaction.
Closing Words
Long story short, you can get a title loan very easily with Advantage Finance LLC. Our lenders do not rely on bank accounts and hidden charges. Instead, we focus more on building a trustworthy relationship with our customers. So, if you’re ever stressing out about money, don’t fret! Just give us a call at (281) 410-5337, and we’ll help take care of the rest.