woman with car for auto equity loans

Understanding The Easy Auto Equity Loans Process In Tennessee

The process you’ll go through to get auto equity loans from Tennessee Title Loans, Inc. is as easy as can be! Still, you’ll want to know what that process looks like beforehand to know what to expect.

The easy auto equity loan process can be broken down into three parts. First, you’ll start by submitting your information through the online form and waiting for a representative to call you. Secondly, you’ll meet them in person to finalize your application.

Finally, you’ll receive a loan decision to know if you qualify to get your cash! Keep reading to discover the ins and outs of the process so you know exactly what’ll happen when you apply for your easy auto equity loan!

What Does The Auto Equity Loans Process Look Like In Tennessee?

Tennessee's auto equity loan process is incredibly transparent and straightforward, so you don’t have to worry about surprises. Still, the best way to understand it is to break it into three parts. Here’s what you can expect during each of those parts:

Part 1: Starting The Application

The first part is when you start the application process. Here, the power is in your hands, and you can kickstart the process anytime, day or night! You only need to take the first step by completing the online form with the necessary details.

That will include your name and, more importantly, the contact number where you can be reached. Soon after, a loan representative will receive your information and call that number to talk to you. They’ll explain everything you need to know about the rest of the process.

You would also like to set up a time and place to meet them in person, either at the store or at another location you prefer. On top of that, you can also use that call to ask them any questions you have about the process. They’re there to help you, so don’t be shy!

man with questions about auto equity loans

Part 2: Meeting Your Loan Representative

The second part of the process is the in-person meeting with your loan representative. As you saw earlier, this part can happen at the nearest Tennessee Title Loans, Inc. store or elsewhere you prefer.

Whichever you choose, you could be done in as little as 30 minutes. During that time, the representative will verify your documents and inspect your car to determine if you qualify for the loan and, if so, how much you could borrow. After some simple paperwork, you’ll complete your application.

Part 3: Waiting For The Decision

You won’t have to do much for the final part except wait a while. This part is where you’ll find out whether or not your application is approved. Better yet, you’ll also learn how much you qualify to borrow.

If approved, you can expect to get the money quickly. That could mean as soon as the same day or by the next business day, depending on what time the first two parts above happened. Remember, whatever the outcome, you get to keep your car. Even if approved, you’ll leave the meeting with your loan representative in the car you drove in.

In other words, this process will maintain your daily routines, like going to work or sending your kids to school. All of that will continue while you make repayments according to your loan agreement.

Does The Car Title Have To Be In My Name?

Getting auto equity loans requires the title to be in your name and no one else’s. If the title belongs to someone else, you must first drop by the DMV office to transfer it to you. You can only go ahead with the application once that title is in your name.

woman with cash from auto equity loans

What Happens If I Have Bad Credit?

You don’t have to worry about your credit regarding auto equity loans. Whether you have good or bad credit, the process will continue if you fulfill the other requirements.

How Is The Value Of My Car Determined?

During the application process, the loan representative will determine how much your car is worth by doing a physical inspection. They’ll gauge your car’s condition and refer to a nationally-recognized pricing guide. From there, the representative will determine how much your car is worth and, by extension, how much you qualify to borrow.

Get Started Now!

The auto equity loan application process is as easy as can be with Tennessee Title Loans, Inc.! All you need to get started is to provide your details through the online form. Soon after, a friendly loan representative from a nearby location will get your information and contact you! Once that happens, the process is smooth sailing until you finalize your application!


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

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.