What is a Title Loan?
Learn what a title loan is and how title loans work. What makes a title loan different from other loans?
Check City allows our customers to use various titles for their title loans. You can use the title for cars, motorcycles, ATVs, UTVs, toy haulers, RVs, campers, snowmobiles, boats, and trailers. Generally, as long as the title is free and clear, we can use it to help you secure the loan you need.
Secured loans can help customers obtain better rates because they are backed by collateral. Title loans are a type of secure loan because they back the loan funds up with your vehicle title as collateral. This makes the loan more secure and often grants customers easier access to the funds they need.
Check City doesn't want your car. We want to help you get the funds you need and keep driving your car. When you apply for a title loan, you give Check City a lien on your vehicle. This lien will stay on the vehicle title for the duration of the loan, but Check City doesn't keep your vehicle during the life of the loan. Check City only uses a lien on your vehicle's title so you can keep driving your car.
A typical title loan comes with a smaller 30-day term and smaller loan amount so you can get the funds you need quickly, pay the loan off, and be done with the loan quickly too. Check City also offers a larger, installment title loan option if you need a larger loan amount or a longer repayment plan.
A title loan is a secured loan that uses your vehicle's title as collateral. If approved, you'll review and sign your loan agreement, receive your funds, and in most cases, continue driving your vehicle while making payments according to your loan terms. Loan amounts and eligibility vary by state.
If your title lists a previous lien, we may accept it as long as the lien has been properly released in the designated section of the title. Contact Check City to discuss your specific situation and learn more about your options.
You can start the title loan process online with Check City. Applying online is a quick and convenient way to provide your information and see if you qualify. Once your application is reviewed, a Check City representative can help guide you through the next steps.
The amount you may be able to borrow with a title loan depends on factors such as your vehicle’s value, condition, and your state’s lending requirements. At Check City, we’ll review your vehicle information and provide details about the loan amount you may qualify for.
If you’re having trouble making a payment, contact Check City as soon as possible. Your loan agreement will include details about repayment terms, fees, and what may happen if payments are not made as scheduled, including any rights related to the vehicle used as collateral.
A clear title means the vehicle title does not have any outstanding liens or claims against it. Requirements for a title loan can vary by state, so it’s best to contact our customer service team to learn what title requirements apply where you live.
To qualify for a title loan, you generally must be the owner listed on the vehicle title. If your name is not on the title, you may need to have the title transferred into your name before applying. Requirements can vary by state, so contact our customer service team or apply online to learn more about your eligibility.
