Title Loans in Fort Lauderdale, Florida

How Do Title Loans Work in Fort Lauderdale, Florida?

Are you searching for the simplest way to get an affordable title loan in Florida? Title loans in Fort Lauderdale, Florida, can allow qualified borrowers to unlock emergency cash with their car titles! Through a Florida title loan, you will use a qualifying car as collateral for the loan. By pledging your vehicle’s title, you can unlock fast funding to handle unexpected expenses, take care of unpaid bills, or pay for home renovations.¹

If you have financed a car before, then you may be familiar with the term lien. 

Upon funding your title loan, a title lender will attach a lien to the title of your vehicle until you have repaid the loan in full. Although a lien is a necessary part of obtaining a Fort Lauderdale title loan, you will still be able to drive your vehicle while you are making payments on your loan. 

If you have an older car, you might be wondering what types of cars will qualify for a title loan. Whether your vehicle is new or old, as long as it has a reasonable amount of positive equity, you can use it as collateral for a title loan!¹

Keep reading to learn more about how to qualify for an online title loan in Fort Lauderdale, Florida! With LoanMart, you can expect a simple application process, no hidden fees, and competitive interest rates if you qualify. Additionally, getting your title loan money wired to you or sent through direct deposit is possible if you are eligible for quick funding! Call 855-422-7412 to learn more about wire transfers or applying for title loans with direct deposit in Fort Lauderdale.¹

How Much Can You Get Through Title Loans in Fort Lauderdale, Florida?

The average hourly wage in the Fort Lauderdale area is around $28 per hour, according to the Bureau of Labor Statistics. However, over 15% of the population in Fort Lauderdale, Florida, lives in poverty. Whether you are struggling with debt or can’t make your paycheck stretch due to the rising cost of living in Florida, you are not alone. You can use the fast cash you receive from a Fort Lauderdale title loan for everyday household expenses or to catch up on your bills.^{1 3}

Although the average loan amount for a title loan serviced by LoanMart in Florida is $4,142, the amount you can personally obtain through a Fort Lauderdale title loan will primarily depend on your income and the market value of your collateral. The more value your vehicle has, the higher your loan amount could be if you can demonstrate that you have the means to pay it back.¹

The simplest way to learn more about the amount of money you could obtain through a title loan in Fort Lauderdale is to fill out a short prequalification form online or apply over the phone with a LoanMart title loan officer!¹

You can potentially access up to $15,000 through a title loan and receive your funds in as little as one business day! While getting instant approval for title loans in Fort Lauderdale is not likely, it is possible to complete a short loan inquiry online or over the phone with LoanMart and instantly find out if you are pre-approved for the cash you need!^{1 3}

What Do I Need to Get Title Loans Near Me in Fort Lauderdale, Florida?

Getting approved for a Florida title loan can be simple if you have the necessary documentation and meet the initial title loan requirements in Fort Lauderdale. While the exact application criteria can vary from lender to lender, you can typically expect to encounter the following requirements when you’re on the hunt for an online title loan in Fort Lauderdale:¹

1. Have a Title to a Qualifying Vehicle (Can Be a Car, Truck, or SUV) in Your Name
2. Be at Least 18 Years Old to Apply
3. Have a Steady Source of Income or Alternative Income

Upon meeting these requirements and receiving initial approval for funding, a title loan agent will reach out to you and request that you provide the following pieces of paperwork:¹

• A Document That Demonstrates Your Ability to Repay the Loan: Recent pay stubs, bank statements, disability award letters, and other qualifying documents can be submitted during your loan request to prove your income.
• Proof of Your Current Address in Fort Lauderdale: As a Fort Lauderdale resident, you must provide specific documents to prove your address during the second step of your application, such as recent utility bills, credit card offers, mortgage statements, or even a lease agreement.
• Current Photos of Your Collateral: Since your loan amount is largely dependent on the value of your vehicle, you must undergo a vehicle inspection during your application. Finding a lender who offers title loans with no inspection in Fort Lauderdale is unrealistic! With LoanMart, however, you can take advantage of an alternative route by submitting a few recent photos of your vehicle during your application. These photos are reviewed by a title loan agent and used to complete a virtual vehicle examination!¹
• Proof of Identity and Age: In order to verify these two factors, you’ll be asked to provide a Florida driver’s license, U.S. passport, or permanent resident card.
• Car, SUV, or Truck Title in Your Name: If you want to borrow against the value of your car through a Florida title loan, you must have a qualifying vehicle title in your name at the time of your application. If you are the rightful owner of the vehicle, but you need to transfer a car title in Florida to your name, you must visit a Florida Highway Safety and Motor Vehicles (FLHSMV) office and request a title transfer.¹

You can conveniently submit your documents online or send them through email / text message during your loan request, and a title loan agent will review them for completeness. One of the main reasons why you cannot get an instant online title loan in Florida is the fact that a real person needs to go through your documents, and a title loan officer can’t do this instantly!¹

Can I Get Bad Credit Title Loans in Fort Lauderdale, Florida?

If you’re searching for bad credit title loans in Fort Lauderdale, you’re not alone. According to recent VantageScore data, the average credit score in Florida is 689, but that doesn’t mean every resident of the Sunshine State has a decent credit history. 

Since title loans can cater to Florida residents with bad credit, they can be a resourceful option to consider when you need emergency cash and have a low credit score. Finding bad credit loans in Florida can be easy with LoanMart! You don’t need a perfect credit score to get approved for the financial help you need. As long as you can meet the necessary application requirements and have the correct paperwork to verify your vehicle ownership and personal information, applying is typically fast and simple.^{1 3}

If you plan on applying for a title loan in the near future, you might be wondering if you need a credit check to get a car title loan in Florida. Getting a title loan with a subprime credit score is possible, but skipping a credit check usually isn’t because title lenders prefer to review your credit report before they approve you for a loan.

Do you have any questions about how to get emergency cash with bad credit? Call a LoanMart title loan agent at 855-422-7412 today! They are available six days a week for extended hours to walk you through your loan request. 

How Can I Get Title Loans with No Store Visit in Fort Lauderdale, Florida?

You might be applying for a title loan in Fort Lauderdale, but it is possible to get started online whether you are a resident of Miami, Cape Coral, Port Saint Lucie, or anywhere else in Florida! There is no store visit required to find out if you are eligible for fast financial help. So, if you’re searching for title loans with no store visit in Fort Lauderdale or elsewhere, you don’t have to look any farther than LoanMart, and that’s because the application process can be completed online and over the phone!¹

Take a closer look at the process to get a Fort Lauderdale title loan without leaving your home:¹

• Apply Online By Completing a Short Form or Get Started by Calling 855-422-7412
• Submit the Required Documents Online or Send Them Via Email / Text Message
• If You are Approved for a Title Loan, Choose How to Get Your Funds and Sign Your Loan Contract!¹

Eligible borrowers can choose between receiving their funds through a direct deposit to their bank account, getting a check in the mail, or simply picking up their funds at a participating money transfer location in Fort Lauderdale. Getting your title loan money can take as little as 24 hours, so why wait to apply and see if you’re qualified?^{1 3}