If you are thinking about how possible it is to get a car title loan for a car that is not registered in the state that you are applying from or where you currently reside.
Getting a car title loan with an out-of-state title is not a difficult thing to do as long as you can provide proof of residence for the state the title is registered. The process of doing this also varies based on state laws.
How to Get a Title Loan with an Out-of-State Title?
To get a car title loan with an out-of-state title, you will need to show proof that you reside in the state the vehicle is registered. The whole process can be completed with this depending on the state’s laws.
Proof of Residency
You can use a utility bill or a subscription magazine that you usually get in your mail from a local store to serve as proof of residency.
Once the proof of residency has your name and the title of the car also carries the same address, then you are good to go. With this, you will be able to verify your residence in the state the car title is registered.
If you have relocated from the state where your car title is registered, then you would have to register your car in the new state where you now reside before you can get a car title loan. This is a process you can easily complete by visiting the Department of Motor Vehicles (DMV).
How to Register a Car Title?
When you relocate to a new state, you have up to 30 days to get your car titled and registered in that state after you are now a full resident of such state.
To register your car in this state, some states require that you have auto insurance coverage in place.
This process can be completed at the motor vehicle services department in your new state. Some states allow you to complete the process online by describing the make, VIN, model, date of purchase, and whether the car was bought new or used. Other information that you need to provide to register the car includes;
- Information regarding the car.
- Proof of payment for the car registration.
- Original registration and title from the previous state where you reside.
- Proof of residency in your new state.
- An application tax form.
It is important to note that these requirements vary from state to state. It is important to check with your Department of Motor Vehicles (DMV) to know how to go about the entire process.
Quick Cash Loans
A car title loan is a way of getting quick cash loans. The process is fast as there are no credit checks and only a few documents are required to secure this type of loan.
You can secure a car title loan as long as you own a car-free and clear with the title of the car in your name. your bad credit does not count or matter when you apply for this type of loan.
You can apply for this type of loan online and you can get the funds that you need the same day without any delays.
The fact that your car is your credit when you get this kind of loan does not mean that you cannot have access to your car when you secure this type of loan.
You can still drive your car around, what the lender takes from you is the title of your loan which release it to you as soon as you pay off the loan.
