title loan memphis

What Is Required To Get A Memphis Title Loan?

Memphis title loans do not require a long list of items or documents in order to apply. Applying for a Memphis title loan requires only four items to find out if you qualify. With the proper documents and a working vehicle, you can find out today if you can get approved for a title loan.

Memphis Title Loans - Required Documents And Items

Thankfully, you don’t need much to apply for a title loan. This is a relief for many title loan borrowers. There is nothing worse than having to rummage through paperwork, sometimes even having to make trips to get new documents when you can’t find them, especially when you need a loan to provide you with fast cash.

This won’t be the case when it comes to the required items for a title loan. The list is short, so you won’t have to worry about getting tons of paperwork together to apply. By simply gathering these four items, you can be well on your way to getting approved for a Memphis title loan.

Proof Of Who You Are And Your Age

As to be expected, you will be required to show identification, so it’s clear who owns the vehicle. You will need to provide a photo I.D. for your lender to confirm who you are. It must also show your lender that you are of an eligible age to apply.

In most instances, this will be in the form of a driver’s license or a state-issued identification card that says you are 18 years old or older.

Vehicle Access

Memphis title loans require that you make your vehicle accessible to your lender during the application process. The reason for this is so that the lender can determine the value of your car.

When you provide access to your vehicle, a loan representative will perform a quick inspection. This, as well as the other required items, will give them the necessary information to determine the loan amount you qualify for.

Lien-Free Title To Your Vehicle

As mentioned, access to your vehicle is necessary to determine your loan qualification and amount. However, it is the title of your vehicle that plays an essential role in securing a title loan.

Title loans get their name from the fact that your vehicle title is temporarily handed over to your lender to secure the loan. For you to be able to use your vehicle title for a title loan, it needs to be lien-free. What does lien-free mean? A lien-free vehicle title is a piece of documentation that states that you are the sole owner of the vehicle. It will inform your lender that you have no outstanding payments that need to be made on the vehicle and that it is judgment free.

Provide Proof Of Income

The last required piece of documentation you will need will be proof of income. Depending on the type of income you receive, what you provide may vary. However, the most common form of income proof is a paystub.

What if you are not employed but still have a source of income?

If your income is from a source other than a job, you can still apply.

If you don’t have a job but receive disability, alimony payments, social security checks, or are self-employed, you can still provide your title loan lender proof of income.

If you are unsure of what to provide as proof of income, just contact your title loan lender to find out the necessary documents accepted for your specific source of income.

In The Market For A Memphis Title Loan?

Are you in need of fast cash and feel like a title loan is right up your alley? If so, Tennessee Title Loans, Inc. can assist you with getting the funds you need when you need them.

Find Out If You Are Approved In No Time

Applying for a title loan with Tennessee Title Loans, Inc. is fast, easy, and can potentially provide you with a loan of $300 to $2,500!

couple received title loan money

To apply, simply follow these steps:

  • Submit an online form and wait for a representative to contact you.
  • Speak to the representative to confirm you have the required documents. Once they confirm you do, they will set up a time and place of your choosing to have your vehicle inspected.
  • The loan representative will determine if you qualify for approval and how much you qualify for.
  • Receive your money as soon as the same day or the following business day!

If you have all the required items mentioned above, you’ll be able to complete the in-person portion of the application in as little as 30 minutes!

Submit An Online Form Today

Get your finances in order by applying for Memphis title loans today. Submit an online form with Tennessee Title Loans, Inc. to speak to a representative A.S.A.P.


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

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.