There’s now a solution for those in Michigan who need quick cash. By taking out a car title loan you can borrow a large amount of cash, sometimes up to $15k and pay it back over a period of 12-18 months. You don’t need good credit and most applicants can qualify for title loans in Michigan as long as they have a vehicle that’s paid off and in their name.
How Does A Title Loan Work What’s Required In Michigan
The requirements for online title loans will vary based on the amount you’re looking to borrow. Typically an auto title lender will require you to be at least 18 years old, have a valid driver’s license, and own the car outright. You’ll also need to provide a copy of the title and registration. Your car title is always the most important requirement and there’s little to no chance you can be approved for a title loan in Michigan without a clear title. Be sure to have physical possession of the pink slip and confirm there are no lienholders or other companies that claim ownership of your vehicle.
How Fast Can I Get Money With A Title Loan In Michigan
Once you’ve been approved for an auto title loan, you can expect to have the money in your account within one business day. This is one of the fastest ways to borrow money and it’s why title loans are becoming increasingly popular. Continue reading Apply For A Car Title Loan In Michigan