There’s always going to be a situation where cash is tight and you need a little extra to handle some type of emergency expense. But what can you do if you can’t qualify for a personal loan from a local lender? Did you know it’s possible to get cash for a newer vehicle in Kentucky? All you need is a paid off vehicle and monthly income to qualify for a same day title loan.

 

What Does Someone Need To Get A Same Day Title Loan In Kentucky?

You must own your vehicle outright with no liens against it. The car title must be in your name and you will have to be in possession of the car and actual vehicle pink slip. You will also need to show that you have active insurance coverage for your car and provide proof of steady income. This can be from a job, Social Security, disability benefits, or even child support payments. Once you have provided these documents, a loan specialist will work with you to determine how much money you can borrow.

 

How Much Money Can I Borrow With a Kentucky Title Loan?

The amount of cash you’re eligible to receive is based on the value of your vehicle. We accept most makes and models of cars, semi trucks, and SUVs as long as they are paid off and the title is in your name. The process to determine your vehicle’s value starts with vehicle appraisal. The appraisal and vehicle inspection are typically done at any lending location in Kentucky. A loan specialist will inspect your vehicle to determine its value and then offer you a title loan amount based on that value.

The funding amounts vary and are mostly determined by the current resale value. On average people can take out between $2,000 and $6,000 with an auto title loan in Kentucky. You can use our online title loan calculator to get an estimate of how much your title loan could be. The great thing about title loans is that you get to keep and drive your car while making payments.

 

Why Should I Get A Kentucky Title Loan?

There are many reasons why getting a title loan may be the best option for you. First, title loans are easy and fast to qualify for as long as you have a paid off vehicle with a lien-free title in your name. Second, you can borrow larger amounts of money than with other types of loans such as payday loans or cash advances because you’re putting up your car’s equity as collateral. Lenders in Kentucky are more willing to overlook credit issues when they have some time of security available if you were to fall behind on payments.

 

Get a hassle free title loan without a vehicle inspection in Louisville, KY.

 

Other Benefits Of Title Loans In Kentucky Include:

Get your money in as little as 24 hours in most cases. Some local finance companies in Louisville can actually provide cash quicker, sometimes within an hour!

You get to keep and drive your car while making payments. There’s no need to hand over your vehicle to a title pawn company or pawn shop. Any lender is going to be fine with just the car title as collateral.

No prepayment penalties. It’s in your interest to make early loan payments and pay off the entire amount as quickly as possible. Work with a title loan company in KY that doesn’t charge a prepayment penalty.

Low monthly payments. Work with your lender and come up with a monthly payment that works for both parties. Make sure the amount fits into your budget and again, try to pay extra each month!

 

Can I Get Cash For My Car In Kentucky If I Have Bad Credit?

Here at Premier Title Loans, we understand that things happen in life and sometimes people run into financial trouble. That’s why we don’t require a credit check when qualifying for online title loans in Kentucky. Your vehicle is used as collateral against the loan amount, so your credit score is irrelevant. If you have poor credit or no credit at all, that’s not a problem! We can still help get you the cash you need.

 

How Do I Repay My Title Loan In Kentucky?

Most title loan companies will work with you to establish a monthly payment plan that fits into your budget. You can make payments at any of our convenient lending locations or you can even set up automatic payments so you never have to worry about missing a due date. Contact your lender if there’s ever a chance that you will fall behind and miss your repayment deadline. By doing that you can avoid the slightest risk of repossession and get back on track with your payments.

 

How To Get Started With An Application

If you’re looking for a car title loan in Kentucky, look no further than Premier Title Loans. We provide online title loans to consumers all throughout the state and you can even work with a local finance company in cities such as Lexington or Bowling Green. There’s no longer a need to wait weeks to get cash from a secured lender. With our company, we can find you a direct lender in KY that offers 24 hour funding and you’ll be able to keep driving your car!

 

Cash for a new model vehicle with a title loan in Kentucky.