TITLE LOANS IN NEVADA
WITH QUICK PRE-APPROVAL

Get A Car Title Loan In Nevada

Premier Title Loans makes getting cash easy, and we’ve offered quick pre-approval for online car title loans in Nevada for nearly a decade. These loans are designed for people who can’t qualify for a personal loan. While your credit score isn’t the primary underwriting focus, a lender must still verify that the loan amount doesn’t exceed a certain percentage of your income.

Are you worried about how long it will take to get approved and funded? Here in Nevada, the underwriting process is easier than ever, and you have a decent chance to borrow cash with proof of income and any paid off 2015 or newer vehicle. Call us at 800-250-6279 to see if you qualify or start the pre-approval process on this page today by submitting your vehicle and contact info.

Title loans in Nevada are structured as 30-day agreements, which is very different from other states, where some vehicle-secured loans have initial repayment terms of 2-4 years. While these initial 30 day terms can be extended, state lending laws limit you to 6 extensions. This ensures that collateral loans in Nevada cannot last for longer than 210 days,

Title Loan Requirements In Nevada

You need a completely paid off vehicle with proof of enough income to afford the monthly payments. While most customers verify income through employment records, you can also show proof through bank statements if you have a part-time job or “off the books” income. Other requirements include proof of insurance coverage for the vehicle and a valid Nevada DMV registration.

However you apply, you will likely need a vehicle inspection, which can be completed at any inspection location in Las Vegas, Reno, or Carson City. During a typical inspection, your vehicle will be checked for damage or other issues that could reduce its resale value. Some companies will send the cash to your bank or checking account, and you may also be able to get the money in person that same day if you apply in person.

Title Loans In Nevada With Bad Credit

Expect fast approval for a title loan even if you have bad credit; believe it or not, almost everyone who applies for this type of loan has a poor credit score. That’s because there are almost always more people with bad credit than with top credit scores. And while some underwriters may require a co-signer, most do not.

Lenders fully expect that most applicants for auto title loans will have bad credit, which is often the main reason their interest rates are so high on secured loans. If you could get a low-interest personal loan, definitely go with that, but these loans are often viewed as a last resort when you need cash fast. Expect a lender in Nevada to at least review your recent credit history, but it probably won’t result in an upfront loan denial if you have a few marks on your credit report.

Vehicles That Qualify For Title Loans In Nevada

Your car or truck is the primary type of collateral you can use when applying for a title loan in Nevada. However, some customers can qualify with semi-trucks and motorcycles, and there are situations where you can get aloan on an RV or boat if it’s worth more than $3,000. As long as there’s enough equity in your vehicle, there’s a decent chance you’ll get approved.

It may be difficult to qualify with some older high-mileage cars or those with significant damage. Older vehicles can still qualify as collateral, but you have a better chance of approval if they’re valued at $4,000 or more.

Some companies offering title loans in Las Vegas offer loans for rebuilt and salvage titles. These types of loans aren’t common, as the vehicles’ values are often half those of cars with standard pink slips. Still, you can expect a smaller loan amount than if you apply for a typical title loan with a newer, high value vehicle.

What Else To Know About Vehicle-Secured Loans In Nevada

Consider what happens if you miss multiple payments or outright default on your loan. In this scenario, lenders in Nevada must first offer a 90-day repayment plan before they can legally repossess your vehicle. You are given 30 days from the date you default to accept the repayment plan, and during this time, you can pay off your loan without worrying about the vehicle being repossessed.

Companies that offer car title loans online in Las Vegas or throughout Nevada are legally required to give borrowers notice if they intend to repossess the vehicle. Be careful not to get caught short on cash, since you need to make your payments on time and contact your lender if there’s any risk of default. Most licensed finance companies in Nevada will work with you to avoid repossession and help you get back on a repayment plan.

One thing to remember about a vehicle-secured loan is that you can sometimes lower the interest rate by refinancing. Premier Title Loans offers pre-approval for refinancing options in Nevada! Call us at 800-250-6279, and we’ll let you know how much you can save by refinancing.

Apply With Premier Title Loans In Nevada

Premier Title Loans is ready to help you cash out equity from your vehicle. There’s no risk in seeing how much money you can borrow and our friendly customer service agents can walk you through the entire pre-approval process. Call us at 800-250-6279 or use our online application to get started.