July 9, 2018
Looking for a title loan near me that fits your unique situation? No matter what brought you to searching for a title loan, you need a title loan that is the right fit for you.
Whether you’re dealing with past credit problems or are looking for a title loan provider that can get you the money you need on the same day that apply, the right fit for a car title loan is here for you in KC.
When you’re ready to find the perfect title loan for you, use these four tips to help speed up the process and make sure you get exactly what you need.
4 Tips for Finding the Right Title Loan Near You in Kansas City
1. Find out how long it takes to get your title loan
A major difference between getting a traditional loan or line of credit and getting a title loan is the amount of time it takes to get your loan. Typically, car title loan providers can get you the loan much quicker than if you were to go to a bank or credit union for a traditional loan. Either way, you’ll want to make sure that the car title loan provider can get you your title loan when you need it: whether it be within a few days or a few hours.
At Midwest Title Loans of Kansas City, our five KC metro area locations are here to serve you with a car title loan as quickly as you need it. Our customers can get a car title loan in as little as 20 minutes and definitely on the same day that you apply. Many of our customers have bills that need to be paid immediately and don’t want to wait very long to get their money. We’re happy to be able to provide a car title loan to qualified customers within a day or hours.
2. Review the application process
To get a car title loan at any of the providers across Kansas City, you’ll want to thoroughly review the application process to ensure you meet the minimum qualifications, in addition to ensuring that the application timeline meets your needs. The most important part of the application process for a car title loan in Kansas City is having a lien-free title. If you aren’t sure, a lien-free title shows that your car is fully paid off. When you get a title loan, you’ll get the money in exchange for your lien-free title, which will be held by the title loan company until you pay it off completely.
In addition to having a lien-free title, you’ll only need a few other things. For example, at Midwest Title Loans’ five Kansas City locations, you’ll need:
- A valid photo ID or driver’s license, showing that you are 18 or older
- Active car insurance
- A driveable vehicle – it can be damaged, but it needs to be driveable
- A filled out application
From there, we are able to review your application, your vehicle, and your supporting documents to decide the car title loan amount we can provide to you, on the same day that you apply.
3. Check that you’ll get the right loan amount
A big difference between a car title loan provider and a traditional loan or line of credit is that the amount of money you can get is a bit smaller, but our customers don’t typically need any more than we offer. A car title loan is intended to be a short-term loan, instead of one that you’ll be paying off for years to come, like at a bank or credit union.
At Midwest Title Loans, we determine the loan amount by your car’s value and your application, which helps us understand your repayment ability and your budget. We loan our customers between $150 and $5000. While you could get more at a bank or credit union, it usually isn’t in the customers’ best interest to be paying so much interest on such a large amount of money, anyhow. By lending small amounts to be paid back in a short amount of time, we reduce our customers’ additional interest paid, and it’s in their best interest.
4. Check into how credit plays into the process
If you have damaged credit, no credit, or average credit, you may run into some issues, when applying for loans or lines of credit. It’s important to check into how your credit will be used, when you’re looking into any loan. While banks and credit unions will certainly use your credit to determine your approval and amount of money provided, title loan providers typically do not. Car title loans are held liable by the car title loan provided, while the loan is being paid off.
Even though it is typically not included in the application process, that doesn’t mean that you shouldn’t ensure that a credit or background check will be run, when you apply for a car title loan. If you do have less than perfect credit, you’ll be able to find a car title loan provider that doesn’t check credit, like Midwest Title Loans.
Get a Great Title Loan at Your Trusted Local Kansas City Title Loan Lender
Whether you live in Olathe, Overland Park, Kansas City, or St. Joseph, Midwest Title Loans has a title loan location near you. Get started with your title loan today by filling out our application online or bringing your car by for a free inspection to determine its worth. You’ll love our quick and easy process, so you can get the money you need as soon as you need it.
If you have a question for one of our customer service representatives or want more information about us, get in touch with your nearest Kansas City Midwest Title Loans location by phone, through the website, or by stopping in one of our locations. We look forward to helping you with your financial needs!
Proudly Providing Car Title Loans to the Entire Kansas City Metro Area
Midwest Title Loans helps Kansas City metro area customers with car title loans, in the cities of St. Joseph, Gladstone, North Kansas City, Kansas City, Grandview, Belton, Lee’s Summit, Raytown, Independence, Overland Park, Olathe, Lenexa, Shawnee, and the surrounding areas.