ONLINE TITLE LOANS
IN NORTH CAROLINA!

How Title Loans Work In North Carolina

An online title loan in North Carolina is an effective way to borrow money to meet emergency expenses. Your vehicle, truck, or motorcycle serves as collateral for a loan, and you pay it off in 12 months or more. Instead, a lender keeps your pink slip as security and the car’s title is returned to you after the loan is paid off. A title loan allows qualified applicants to access the equity in their vehicle as collateral for a secured loan. Unlike other states that allow very high-interest title loans, North Carolina regulates loans on lien-free cars as installment loans, meaning interest rates are often capped at 16% per annum for most loans with an all-in APR limit of 36% (including fees) for amounts under $5,000. These loans are offered in North Carolina for a percentage of the vehicle’s value and are typically referred to as “auto equity loans within the state.”

These loans are typically offered at much lower interest rates than title loans in other states, making them a far more affordable option for North Carolina Residents who need emergency cash funding.

You won’t need a good credit score and may not even have to leave your house to complete the application and initial underwriting. With fast approval online auto title loans, you can skip the headache of meeting with a lender in person to inspect your vehicle. At Premier Title Loans, you won’t need good credit to get approved with our network of lenders in NC, and you can receive the funds in less than one business day. Call Premier Title Loans at 800-250-6279 for more information, or check out our website to start online!

At Premier Title Loans, we work only with lenders who comply with the North Carolina Consumer Finance Act. This means your loan is structured as a legal installment loan, with interest rates capped at 16% per annum (an all-in APR limit of 36%, including fees) for loan amounts under $5,000.

Eligibility Requirements For North Carolina Auto Equity And Title Loans

All lenders have different underwriting requirements, but you will likely need the following to qualify:

• A paid off vehicle titled in your name with valid registration and insurance documentation
• Proof of income from your employer or other income sources
• A valid bank account with direct deposit
• A valid government-issued ID

All types of lien free paid off vehicles can be pre-approved for a title loan in North Carolina. Sometimes, you can submit photos and video proof of the car online and skip an in person vehicle inspection.

Would you rather not risk using your car as collateral for a title loan? We can also help customers cash out equity from semi trucks, motorcycles, RVs, and travel trailers in North Carolina. These secured loans work the same as title loans on cars and loan amounts start at $1,000!

Your loan amount and funding terms in NC depend on the car’s resale value. Some companies offer 30% or more of the car’s equity as collateral for a loan.

Title Loans For Bad Credit In North Carolina

You may be surprised to learn that title loans in North Carolina don’t require a good credit history and often don’t require an extensive credit check. While creditworthiness is the main factor in an unsecured loan, it plays a lesser role in an online title loan. Remember, your collateral secures the lender’s risk, and that’s more important to them than your FICO score.

While your credit may still be a minor factor in underwriting the loan, it’s often used only to look for serious credit issues, such as bankruptcies or repossessions from other title loan companies. If you have a lien free vehicle but a poor credit profile, you can still pre-qualify for a reduced funding amount of $1,000 or more with a title loan in Raleigh or Charlotte!

Title Loan Benefits In North Carolina

It’s not easy to qualify for a loan with a vehicle as collateral in North Carolina, and these secured loans may be available to those with poor credit who otherwise can’t be approved by lenders that require excellent credit scores. Here are some other benefits of pre-qualifying with Premier Title Loans:

• There are no fees or prepayment charges for paying off the loan early. Prepayment is recommended for a title loan; you can pay it off at any time.
• Keep driving while repaying the loan. You don’t need to pawn your vehicle and stop using it. Instead, your car’s title is used to secure the loan.
• An online vehicle inspection process. Some lenders will let you send in video proof of your vehicle.
• Interest rates can be renegotiated after on time payments. Refinancing can be a game-changer!
• Loan amounts are higher than most traditional personal loans. Title loans are secured by a vehicle, which helps ensure a lender offers double or triple what you would get from an unsecured lender.
• Anything that can be titled will qualify for an equity loan. Get a title loan on an RV, commercial truck, or motorbike with a North Carolina title loan.

Apply Online For A Title Loan In North Carolina

Premier Title Loans is proud to offer online title lending services to residents in North Carolina. That means qualified customers in Charlotte, Greensboro, or Raleigh can be pre-approved for a loan using their car or truck as collateral. While state regulations make these loans hard to qualify for, they’re still an option for any borrower with equity in their vehicle.

Call Premier Title Loans at 800-250-6279 or apply online for pre-approval with a car collateral loan. You may be able to complete the inspection online with pictures of the vehicle, and loans are possible on many types of newer, paid off vehicles!

Cities In North Carolina:

• Asheville
• Charlotte
• Durham
• Fayetteville
• Greensboro
• Raleigh
• Wilmington