August 10, 2020
How to Get Fast Cash in the Kansas City Metro Area
The coronavirus pandemic has brought on an onslaught of lost jobs and unemployment, leaving plenty of people who were living paycheck to paycheck in dire need of cash. Even those who had a savings account are starting to feel the pangs of being jobless month after month.
Times are tough, and there’s no light at the end of the tunnel just yet. Planning for expenses seems daunting, and sometimes hopeless. For those who find themselves in a tough spot before their next unemployment check or payday, Midwest Title Loans can help.
How Do I Qualify for a Title Loan Near Me?
In the Kansas City metro area, qualifying for a title loan is as simple as owning your car. Lucky for you, you haven’t been paying on a car loan during the pandemic. That’s how you’ll know that you own your car outright, and there’s not a lien on your car through a bank somewhere. If, however, you do owe a bank money on your car, you won’t qualify for fast cash with a title loan.
If you do own your car, you’ll need to locate your car title. We’ll need this document to verify your ownership, and certify the title loan. You’ve probably filed away your car title in a folder or security box somewhere. Once you’ve located that document, you’re halfway there.
To qualify for a title loan, you’ll also need a government-issued ID. If you own a car, you probably have a driver’s license that will work for this identification. If you don’t have a valid driver’s license, you can also use a U.S. passport or a state-issued photo ID to qualify for your car title loan.
Both of these documents become your ticket for securing a car title loan for a couple hundred to a couple thousand dollars. You don’t need to bring along anything else! So, in short, we have good news for you. At Midwest Title Loans, you can get a title loan while you’re on unemployment!
How Much Quick Cash Can I Get?
The amount of quick cash you qualify for is dependent solely on your car. We don’t take a look at your credit, which makes our services often the only option for people who need a bad credit loan.
We don’t look at your payment history, or verify your employment. And because of this lack of background check, this means you don’t have to fill out nearly as much paperwork as you would for a traditional loan — and no, we won’t need the middle name and blood type of your third aunt removed. A car title loan is private and confidential, and no one but you and us will know you’ve applied.
At Midwest Title Loans, we’ll take a look at the make, model, year, and condition of your vehicle. We’ll consider all of these factors when we determine how large of a loan you will be able to secure, as well the amount of money you tell us you need.
What About a Flex Loan?
If you’re looking for a more regular solution to your cash flow troubles, a flex loan might be right for you. A flex loan works in a similar fashion to a title loan, using your car as collateral for a loan balance. The difference between a flex loan versus a title loan is that a flex loan grants you a total amount that you can borrow against, but you don’t have to take the total amount all at once. You can take what you need, as you need it, pay it off, and borrow it again.
To get a flex loan, you’ll just need to go through the application process one time at the beginning and learn your qualifying amount. For a flex loan, you will need verification of employment, such as a letter from your employer, to qualify. Then any time you need cash, you can call our office and let us know how much you need to borrow from your line of credit, and we’ll have it ready when you arrive.
Flex loans have a daily interest rate until the amount is paid back, but the rate is only applied to the cash you need to take out and use. For example, if you have a bill due several days before pay day, you can borrow from a flex loan and then pay it back on pay day with only a few days’ worth of interest. This option is helpful if you find yourself still employed, but short on cash because shifts are fewer, shorter, or slower.
What Do I Need To Do To Get Quick Cash?
To get started on the path to securing a car title loan, fill out our information form online. Answering a few quick questions will make your normally quick visit to Midwest Title Loans even quicker. If you don’t have access to a computer that you can fill out the form on, or you just don’t have time before you swing by one of our locations in Overland Park or Gladstone, that’s OK — you can fill it out when you’re ready to come by one of our locations throughout the Kansas City metro area.
If you have all of the above mentioned documentation, you’re qualified for a car title loan with Midwest Title Loans, even if you’re currently on unemployment. You’ll need to bring in all of these documents, along with the car associated with your car title to complete the application to one of our locations in Kansas City, Overland Park, or Gladstone to complete the application process. Even without filling out the form in advance, the process for gaining approval on your quick cash loan normally takes only 20 to 30 minutes. That’s why they call it quick cash!
Come by one of our locations today to get started on your car title loan.