? What are Title Loans, and How Do They Work in Owensboro?
Car title loans in Owensboro, are secured loans, and qualified applicants can conveniently borrow against the value of their vehicles. With an auto title loan in Kentucky, the title of your car will be used as collateral for the loan, allowing you to access the fast funds you need to handle a tricky financial situation.¹
If you qualify for an Owensboro title loan, a title lender will add a lien to your car’s title after you sign your contract and the loan is funded. The lien will remain on the title throughout the duration of the loan and will not be released by the title lender until your entire loan balance is paid off. Having a lien on your car’s title doesn’t mean you’d immediately lose access to your car! As long as you manage your title loan payments, you are allowed to keep driving your vehicle around Kentucky like it’s business as usual.
It can be difficult to handle your monthly expenses if you’re living paycheck to paycheck. So, if you need extra money in your wallet this month, an Owensboro title loan can be the solution! Take advantage of a quick and flexible title loan application process when applying for a ChoiceCash title loan in Owensboro. It can take just a few minutes to complete the initial inquiry form and as little as 24 hours to obtain quick funding if you qualify!¹
What are the Requirements for Car Title Loans in Owensboro?
The application process for auto title loans in Owensboro, is simple and straightforward! To qualify for a ChoiceCash title loan in the Bluegrass State, you will need to meet the following requirements:¹
- Have a Kentucky Car Title in Your Name
- Demonstrate Your Ability to Repay an Owensboro Car Title Loan
- Be of Legal Age to Apply for an Auto Title Loan
- Have a Qualifying Car or Truck with a Reasonable Amount of Equity
You must also provide some documents to verify your information during your online application. The specific items can differ from state to state, but residents of Owensboro, and surrounding towns such as Bowling Green and Hopkinsville, who are seeking title loan funding should be ready to submit the following documents for verification:¹
- A Vehicle Title in the Borrower’s Name
- Proof of Income and Owensboro Address
- Recent Photos of the Qualifying Car
- Valid, Government-Issued Photo Identification Card
- Some References May Be Required
One of the biggest benefits of applying for ChoiceCash title loans in Owensboro, is that you can upload your documents online. You have the option to send them through email or text message to a ChoiceCash title loan agent during your application if that’s more convenient for you. It’s that simple to apply! Gather the paperwork ahead of time to speed up the process and see if you qualify for emergency cash in Kentucky.¹
What is the Application Process for Online Title Loans in Owensboro?
Getting an online car title loan is possible through ChoiceCash title loans serviced by LoanMart. Here is what the online title loan application process will look like for residents of Owensboro:¹
- Submit a Brief Pre-approval Form Online or Call a Title Loan Representative at 855-422-7402
- Conveniently Upload Your Documents Online
- Receive Your Title Loan Money if You Qualify!¹
If you’re eligible for funding, you can choose from a few different ways to receive your money. You can either set up a direct deposit to a bank account, have the funds added to a debit card, get a check in the mail, or pick up your cash at any money transfer location in Owensboro. Call 855-422-7402 if you have any questions about the application process for online title loans in the Bluegrass State.1
Repaying Your Auto Title Loan in Owensboro
Repaying your title loan can be just as simple as applying for one. Qualified applicants have various methods to repay ChoiceCash title loans in Owensboro, including the options listed below:¹
- Paying by Phone or Online Through the Customer Portal
- Setting Up Automatic Payments from a Checking Account
- Sending Checks to the Payment Center
- Visiting a Money Transfer Location in Kentucky to Pay in Person
It’s worth mentioning that borrowers who default on their car title loans may have their vehicles repossessed by their title lenders. You can try to avoid that potential risk by prioritizing your monthly payments and budgeting accordingly! If you have the means to pay your loan early, you are encouraged to do so.¹
Do you have any questions about repaying a car title loan in your state? Call a ChoiceCash title loan representative at 855-422-7402 to learn more about the title loan repayment process in Owensboro!
Why Choose ChoiceCash Title Loans in Owensboro?
Take a closer look at some of the reasons why ChoiceCash title loans in Owensboro, can be a valuable resource to consider when you need quick cash for an unexpected expense:¹
- Competitive Interest Rates: With a ChoiceCash title loan in Owensboro, eligible applicants can access perks like competitive interest rates, no balloon payments, and zero prepayment penalties!¹
- Transparent Loan Terms and Conditions: When applying for ChoiceCash title loans serviced by LoanMart, you will not encounter any surprises, meaning there are no hidden fees from start to finish. Instead, you can work alongside a ChoiceCash title loan agent to understand your loan terms, loan amount, and repayment schedule.¹
- Bad Credit is Okay: As you may know, it’s difficult to qualify for unsecured loans if you don’t have a good credit score. However, credit isn’t the most important aspect of the application process for ChoiceCash title loans. Getting bad credit title loans in Owensboro, is possible if you meet the necessary application criteria and submit the requested documents! While finding auto title loans with no credit check is quite challenging, know that you can still qualify for funding without a perfect credit score!¹
- Excellent Customer Service: The people who guide you through your application make all the difference in the world!¹ That is why ChoiceCash title loan agents are available six days a week for extended hours to assist borrowers with any questions they may have. Try dialing the toll-free number at 855-422-7402 to contact a helpful and knowledgeable loan officer today.
Find out if you can qualify for the financial assistance you need to cover an unexpected expense! If you’re eligible for a ChoiceCash title loan serviced by LoanMart, you can obtain fast cash in as little as one business day!¹
Apply online or dial 855-422-7402 to learn more about the application process for auto title loans in Owensboro.¹
HOW CAN I PAY FOR MY TITLE LOAN IN PERSON
Pay back your car title loan in Owensboro at any MoneyGram location in Kentucky. MoneyGram is often located in convenient public stores such as Wal-Mart, Kroger, or CVS. Call 855-422-7402 to discuss your options with a loan expert, or see the map and location list below to see where your nearest MoneyGram is located:
The addresses shown below display the nearest participating MoneyGram locations in the general vicinity:
Locations serviced near Owensboro, Kentucky
ChoiceCash is proud to service residents all over Kentucky including metro areas Bowling Green, Lexington, and Louisville. Call 855-422-7402 to discuss your options with a loan expert, or see the city list below to see where your MoneyGram locations near Owensboro:
