Why Choose Title Loans in High Point, North Carolina?
When you need fast cash, you need a loan option to keep up with your financial situation. Title loans in High Point, North Carolina, allow qualified borrowers to secure fast funding when they need it most!1 3
While title loans provide access to fast cash, that’s not the only reason why residents of North Carolina choose to apply for this secured loan option. A North Carolina title loan caters to residents from all different credit backgrounds, so you don’t need a perfect credit score to qualify for emergency cash assistance.1 3
Accessing a simple application process for a car title loan in High Point, North Carolina, or surrounding areas like Winston-Salem or Greensboro is feasible through LoanMart.1
Ready to apply for fast cash? Fill out LoanMart’s online title loan questionnaire to get an instant loan quote with zero obligation today! If you are eligible for a title loan serviced by LoanMart, you can access your funding in as little as 24 hours. In some cases, qualified borrowers in North Carolina can receive their funds the same day they are approved for a title loan!1 3
How Do Title Loans Work in High Point, North Carolina?
By pledging your car’s title as collateral for a High Point title loan, you can unlock quick cash to handle a variety of unexpected expenses. From taking care of unpaid medical bills to home repairs, a title loan can be a valuable resource. Even though you are using your car’s title as collateral to obtain funding, you still have the option to keep driving your vehicle throughout North Carolina while paying off your title loan.
If you are approved for a title loan and sign your loan contract, a title lender will place a lien on your car’s title after the loan is funded.1 Keep in mind that having a lien on the title of your vehicle will not prevent you from using your vehicle as you normally would throughout the repayment process. High Point title loan borrowers are allowed to maintain access to their cars as long as they properly manage their loan payments.
If you have any questions about how car title loans work in High Point, North Carolina, do not hesitate to reach out to a loan officer by calling 855-422-7412. LoanMart’s title loan agents are available for extended hours, 6 days a week, and can expertly guide you through your loan request.1
What are the Requirements to Qualify for Car Title Loans in High Point, North Carolina?
Before you can jump into the title loan application process, it’s important to understand the title loan requirements. While the application criteria can vary from lender to lender, you can typically expect to encounter the following title loan requirements during your loan request in High Point, North Carolina:1
- Have a Title to a Qualifying Vehicle in Your Name
- Be of Legal Age to Apply for a Title Loan
- Be Able to Provide Sufficient Evidence of Income
In the case of title loans, a qualifying vehicle will have enough positive equity to use as collateral for the loan. When a vehicle has positive equity, its market value is greater than the amount an individual owes on their car loan. If the vehicle is no longer being financed, then the amount of equity in the car equals its market value. If you want to get a better understanding of how much your car is worth, use LoanMart’s online title loan calculator to get an equity estimate and a title loan quote.1
Having sufficient evidence of income does not mean that you need to have a 9-5 job to apply for a car title loan in High Point, North Carolina. You will simply need to provide an appropriate document that proves you have the ability to repay the loan. One of the most commonly submitted documents during a title loan application is a recent pay stub, but you can also upload recent bank statements or even proof of disability or retirement income.1
Frequently Asked Questions About Title Loans in High Point, NC
Are you thinking about applying for title loans in High Point, North Carolina? Check out some of the most commonly asked questions about this type of vehicle-secured loan:1
What Documents Do You Need to Apply for a High Point Title Loan?
On top of having a North Carolina car title in your name, you will also need to submit proof of income and residence during your application, along with a valid, government-issued photo ID card, such as your driver’s license. A loan officer will also ask you to provide a few recent pictures of your vehicle so that you can complete a virtual car inspection.1
How Much Can You Borrow With a Car Title Loan in High Point, North Carolina?
The amount that you can access through a loan against your car is primarily determined by your income and the value of your vehicle, along with a few other factors. By using your car’s title as collateral for emergency funding, you can unlock up to half of your car’s value through a High Point title loan. If you are eligible for a title loan serviced by LoanMart, you can choose direct deposit to receive your funding in as little as 24 hours!1 3
What Happens if I Can’t Repay a High Point Title Loan on Time?
If you anticipate missing a payment due to unforeseen circumstances, contact a loan officer immediately. Many title lenders and loan servicers are more willing to work with you if you contact them before you miss a payment. If you continuously miss payments and default on your loan, your title lender has the legal right to repossess your vehicle.
What are the Interest Rates for Title Loans in High Point, North Carolina?
Although the interest rates for car title loans tend to be higher than the rates for traditional bank loans, if you are eligible for a title loan serviced by LoanMart, you can expect to access competitive rates and no hidden fees.1 5
How to Apply for Title Loans in High Point, North Carolina
Are you ready to apply for emergency financial assistance? Unlock the cash you need through car title loans in High Point, North Carolina! With LoanMart, you can expect a simple, three-step application process:1
- Choose How to Get Started: Whether you prefer to begin your title loan journey online or over the phone with a title loan agent, the first step is simple and fast! Simply fill out a prequalification form on the LoanMart website or call 855-422-7412 to apply for a title loan.1
- Provide Your Documentation: If you are prequalified, the second step is to upload your documents online or send them to a loan officer through email or text message. The loan officer will review your documents for completeness and guide you to the next step of your loan application.1
- Sign Your Contract and Get Your Money: If you are fully approved and sign your agreement, you can receive your title loan funds in as little as 24 hours!1 3
Don’t wait to find out if you are eligible for emergency cash today! Complete the questionnaire online now or call 855-422-7412 to speak directly to a LoanMart loan officer.1 3
