BORROW $2,500 OR MORE WITH A TITLE LOAN IN SANTA FE NEW MEXICO
We offer fast approval in 24 hours. Apply online or call us at 800-250-6279!
SANTA FE TITLE LOANS WITH FAST APPROVAL!
A title loan is possible for anyone in Santa Fe who has equity in their vehicle. Borrow up to $20,000 and most cars qualify if they're paid off and titled in your name. You won't always need a credit check and you can get your money through direct deposit in one business day!
How Car Title Loans Work In Santa Fe & What’s Required
A title loan allows anyone with a paid off vehicle to pull out equity from their car or truck and you don’t need a good credit score to qualify. Here in Santa Fe, you can borrow up to $20,000, and most loans between $2,500 and $10,000 have an interest rate that’s capped at 36%.
All types of cars, SUVs, and trucks can qualify, and we can also connect you with a lender in Santa Fe that offers collateral loans on boats, RVs, and motorcycles!
With a title loan, you’ll keep driving the vehicle while making the set monthly payments. There’s no need to give up the keys and hand over the car to the lender. Instead, they hold the pink slip as collateral until the loan amount is paid off.
Your car should qualify if it has low mileage and has been manufactured since 2008. Other requirements may include providing a driver’s license, showing vehicle insurance, and active registration in New Mexico. In addition, expect to show proof of employment through bank statements or a letter from your employer. Other than that, there’s much you need to qualify!
Title Loans With Bad Credit In Santa Fe
One of the most stressful parts of applying for any loan is the credit check, and we know how worried people are about what their credit score will reveal. Unlike when you apply for a personal loan, your FICO won’t be the main focus when you apply for a car title loan. Instead, we need to see equity in the vehicle, as the collateral is far more critical than any minor credit issues. Lenders understand that people applying for title loans in Santa Fe will likely have poor credit, and they’ll look past that and instead focus on the collateral in your vehicle. You can even be approved with a recent bankruptcy or repossession in your past!
The bottom line is that anyone with a vehicle valued at $5,000 or more will have no trouble qualifying for a bad credit title loan. Even with bad credit, you can borrow up to 65% of your vehicle’s value, and some lenders in New Mexico offer higher percentages for vehicles with less than 100,000 miles. Call Premier Title Loans at 800-250-6279 to start your application today!
One last unsung aspect of car title loans is that you can rebuild your credit score while making payments on your title loan. You may ask yourself, “How is that possible if I get a bad credit title loan”? The answer is simple. With every monthly payment you make to a lender in Santa Fe, they report those payments to the credit bureaus, and your FICO score will gradually improve. Similar to if you took out a car loan, by paying off your loan on time you can increase your credit score and avoid having to use a vehicle as collateral for a loan in the future!
Fast Funding Auto Title Loans In Santa Fe, NM
Get approved and sign off on your loan within an hour of submitting your info and bringing the vehicle in for a brief inspection. That means anyone in New Mexico can have their cash sent by direct deposit to a bank account within one business day!
Are you looking to get the money that same day? There are options to get cash within just a few hours of submitting an online application. Apply with a local direct lender in Santa Fe that offers auto title loans in New Mexico. These lenders can do everything in one day; you can complete the paperwork, complete the inspection, and pick up your cash during that visit!
What if you apply online or over the phone but request same day funding? Some local lenders will allow you to do everything online, and then you can request the funds be sent to any money order location within the city. For example, locations on Cerillos Road and Herrera Drive in Santa Fe provide instant funding, so there’s no reason why you can’t get an online title loan if you have all the documents ready to go!
Apply Today With Premier Title Loans
Are you looking to get instant cash for your paid off vehicle? Here at Premier Title Loans, we can take your application online, or you can call us anytime to get started. Unlike traditional banks and payday loan companies, we only specialize in title loans, and we’ll work to get you matched with any handful of the title loan companies we work with in Santa Fe. The best part about cashing out equity from your vehicle is that you can use the funds as you please! This is not a credit card secured by your vehicle’s value. Instead, a title loan offers cold hard cash that you can use to pay for emergency expenses or pay down other high-interest debts. It’s entirely up to you!
Completing our online application takes less than 5 minutes. We only need your vehicle information, desired loan amount, and basic contact details. We’ll then discuss different lending options and explain how much money you can borrow with the expected interest rates. The last step involves finding a local lender where you can pick up your cash within one business day.
Apply online with Premier Title Loans or call us at 800-250-6279 to find out how much you can borrow with a car title loan in Santa Fe!
Other Cities In New Mexico:
- Albuquerque
- Clovis
- Farmington
- Gallup
- Las Cruces
- Rio Rancho
- Roswell