receiving cash from a Tennessee title loan

Here's How To Stop Worrying And Benefit From Cash Title Loans

People can encounter financial emergencies that they may not be able to afford out-of-pocket, such as medical bills, home or auto repairs, and unexpected travel costs. These unexpected expenses can cause them to worry about how they will afford the cost and what will happen if they cannot pay for the urgent expenses.

In this guide from Tennessee Title Loans, Inc., we will explain why Tennessee residents do not have to worry and can use car title loans to handle large emergency expenses. We will explain cash title loan benefits and how you can get approved for Tennessee title loans.

Five Advantages Of Title Loans In Tennessee

Those who own their cars outright can use their Tennessee title as collateral for title loans. This type of secured loan can provide many advantages Tennessee residents can take advantage of in an emergency financial situation. Tennessee title loan perks can include the fast process, receiving thousands of dollars for emergencies, and the type of borrowers allowed to get approved for this emergency loan.

The following are five advantages of title loans for Tennessee drivers:

man holding cash from Tennessee title loan

1. Approval For Up To $2,500

One of the significant cash title loan benefits is how much you can get approved for. At Tennessee Title Loans, Inc., approved borrowers can receive between $300 and $2,500. How much you receive depends on the value of your vehicle, which is determined during a vehicle inspection by looking at your car’s make, model, year, and condition.

You can get approved for the maximum value and pay for an expensive financial emergency with Tennessee title loans. However, you should only seek as much money for a car title loan as you need to help with repayment.

2. The Approval Process Can Take Less Than A Day

Another Tennessee title loan perk is how long the approval process takes. When getting a cash loan at a bank, it can take weeks to see if you can get approved. When seeking a Tennessee car title loan, you will know whether you can get the emergency money you need within one business day.

Tennessee Title Loans, Inc. keeps the process as fast and simple as possible for potential borrowers. We even allow borrowers to get online title loans using our online form to start. You can get approved for a title loan in less than a day, with our in-person section of the approval process taking less than 30 minutes. If approved, you can receive your emergency cash the same day or the next business day,

3. Small List Of Requirements

One of the reasons the approval process is so fast is that you only need a few items to get approved for a Tennessee title loan. Borrowers must be 18 and have paid off their car fully to get approved. Other than that, you will only need to gather three items to show to a loan representative to see if you can get approved for fast cash from a title loan.

The following are the required items you need for a Tennessee title loan:

  • Your Tennessee driver’s license or other state-issued ID
  • Your lien-free car title with your name on it
  • Your vehicle for a quick inspection

4. Tennessee Title Loans Available To Bad Credit Borrowers

One of the benefits of cash title loans is that you do not need to have good credit. Tennessee Title Loans, Inc. allows borrowers of all credit types to get approved for quick cash. You can have good credit, bad credit, or no credit at all.

Your credit score has no bearing on your title loan approval, as we use your Tennessee car title as collateral for the loan. The loan is secured with collateral, so you can get approved regardless of your credit score or creditworthiness.

5. You Can Keep Your Car During Title Loan Repayment

One worry you may have about title loans is that you need to hand over your car during the repayment process. This is not the case; Tennessee title loan borrowers can keep their car during repayment. Getting a title loan will not disrupt your life, and you can continue to drive your car to work, school, the store, home, and other places. You are only in danger of losing your car if you default on your loan.

What Steps Are Involved In The Swift Approval Process For Tennessee Title Loans?

Now that you know the advantages of title loans in Tennessee, you can decide whether this loan is the right choice for your financial emergency. If you want to take advantage of the Tennessee title loan perks, you can contact Tennessee Title Loans, Inc. today to start the process. We offer online title loans that simplify the process for Tennessee borrowers.

The following are the steps involved in getting a Tennessee title loan:

  • Fill out our online form with your basic information
  • Speak to a Tennessee title loan representative over the phone
  • Agree where to meet in person for a meeting, such as your home or office
  • Gather your required items and head to the in-person meeting
  • Have the loan representatives verify your required items
  • Allow the loan associate to inspect your car to determine its value
  • Sign title loan documents
  • Receive your quick cash the same day or the next business day

man trying to drag bag of cash

Benefit From Tennessee Title Loan Perks Today

The abovementioned Tennessee title loan perks can benefit those facing a financial crisis they do not have the funds to afford. At Tennessee Title Loans, Inc., we can help those who need fast cash with our swift process for getting approved for a Tennessee title loan. Fill out our online inquiry form today and hear from one of our friendly loan representatives over the phone soon.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.