• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Before Header

Spanish Flag ESPAÑOL

1800 Car Title

Car Title Loans. Fast Cash, Low Payments, Everyday!

  • Home
  • How it Works
    • What Is A Title Loan?
    • Car Title Loan Requirements
  • Loan Types
    • Car Title Loans
    • Refinance Title Loan
    • Motorcycle Title Loans
    • RV Title Loans
    • Car Title Loans Online
  • About Us
    • Reviews
    • Programs
    • Locations
    • Contact Us
  • Faqs
  • Blog
  • Rates and Fees
  • Home
  • How it Works
    • What Is A Title Loan?
    • Car Title Loan Requirements
  • Loan Types
    • Car Title Loans
    • Refinance Title Loan
    • Motorcycle Title Loans
    • RV Title Loans
    • Car Title Loans Online
  • About Us
    • Reviews
    • Programs
    • Locations
    • Contact Us
  • Faqs
  • Blog
  • Rates and Fees
GET A QUOTE TODAY!

1-800-227-8485

How much is my car worth?


  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
  • 2001
  • 2000
  • 1999
  • 1998
  • No Items Found
  • No Items Found
  • No Items Found
  • TV Ad
  • Bing
  • Google
  • Yahoo
  • Radio Ad
  • Direct Mail
  • Existing Customer
  • Previous Customer
  • Friend

How to Get a Title Loan and Use It to Improve Your Credit

January 31, 2017 //  by carloansadmin

Excellent Credit Score

Many consumers have found themselves in a financial struggle because of debt issues. Debt issues come up for a wide variety of reasons, including unemployment, medical problems, household changes and the like. If you have found yourself in a situation in which you need to borrow emergency cash, then you may need to take steps to repair your credit. One positive aspect of making regular payments on a title loan is that is has the potential to pull you out of the debt abyss A title loan has the potential to:

  • Get you back on track
  • Improve your credit
  • Help with short-term financial emergencies

The following is some information on the ways that you can use a title loan to improve your credit.

What a Title Loan Is

The first thing to understand about a title loan is what it is. A title loan is a cash advance that uses your car as security and is based on your ability to repay. What that means is that the lender will either place a lien on your vehicle, or it will physically hold your title until the end of the loan term. The lender will allow you to keep your vehicle in your possession and drive it every day during the course of the loan. That gives you a little leeway so that you can continue to go to work and run errands.

The loan term varies according to the lender that you use to fund your loan. The amount of the cash advance that you receive depends on the value of your car and your ability to repay the amounts borrowed. Each state has a minimum loan amount, and your vehicle must have a value that is equal to or greater than the amount of money that you want to borrow.

 How a Title Loan Works

Although the amount of the title loan is based in part on the value of your vehicle, you still have to meet certain requirements to borrow the money. You must show that you have the ability to repay the advance. The lender may ask you for proof of income, personal references and the like. What works in your favor is that credit score only plays a part in the decision making process. Title lenders always aim to approve your funding based on these factors.  Once you obtain approval, you receive a contract. You must read the terms and conditions set forth in the contract, and then you must sign the contract. The lender can administer the funds to you once you return the contract.

How You May Improve Your Credit

There are two ways you may be able to improve your credit score with a title loan. First, you can use the funds that you receive from your title loan to conduct a debt consolidation of sorts. You could use your $3,000 loan to pay all of your defaulted debts, for example. Paying all of those accounts could potentially improve your credit score. Another way that you can use the title loan to potentially improve your credit score is by repaying it on time. We report your payments to all the major credit bureaus so that you get credit for your payment history, which may improve your credit score. Title loans can be a wonderful tool for you as well as a means to resolve a financial emergency. Contact us now and start your journey on the path of improving your credit.

Source

CAR TITLE LOANS FROM 1 (800) CAR-TITLE®

http://www.investorwords.com/8720/title_loan.html

https://en.wikipedia.org/wiki/Title_loan

More Resources

  • Apply for a Title Loan Online
  • Refinance Your Loan
  • Get an Estimate on a Title Loan
  • Get a Car Title Loan in California
  • Car Title Loans Georgia
  • Title Loans
  • Utah Car Title Loans
  • Title Loans Home Page
  • Get a Loan With a Pink Slip
  • Old Car Title Loans
  • Car Title Loans in Sacramento
  • St Louis Title Loans
  • Fresno
  • Giving Back
  • Arizona Title Loan
  • Title Loan or Payday Loan?
  • Car Title Loan Options
  • Prestamos
  • Get a Title Loan with your RV
  • Salt Lake City Title Loans
  • Bakersfield Title Loans
  • Idaho Title Loans
  • Moneygram
  • Special Programs

Category: Bills, Budget, Car Title Loan, Credit Score, Title Loans, Title Loans Los Angeles, Wilshire Consumer CreditTag: Car Title Loan, credit score, FICO credit score, improve credit

Previous Post: «Planet Money The Simplest and Best Ways to Improve Your Credit Score
Next Post: Tips TO RAISE YOUR CREDIT SCORE Increase Credit Score»

Primary Sidebar

How much is my car worth?


  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
  • 2001
  • 2000
  • 1999
  • 1998
  • No Items Found
  • No Items Found
  • No Items Found
  • TV Ad
  • Bing
  • Google
  • Yahoo
  • Radio Ad
  • Direct Mail
  • Existing Customer
  • Previous Customer
  • Friend
Best Online Title Loans

Do You Qualify for the Best Online Title Loans?

June 28, 2022

People often apply for traditional personal loans when they need to borrow cash to make ends meet. …

Vehicle Title Loans Near Me

Vehicle Title Loans Near Me: How Much Can I Borrow?

June 28, 2022

Life is unpredictable. Even if you’ve carefully prepared a budget, additional expenses can arise as …

Can I Get A Car Title Loan With No Job

Can I Get A Car Title Loan With No Job?

June 9, 2022

Making ends meet can be difficult without a steady paycheck. If you’re unemployed, you may need …

CATEGORIES

ARCHIVES

TAGS

bad credit Bankruptcy Borrow Money Car Title Loan car title loan fit create a budget credit myths credit report credit score Effective budget equifax experian fast cash Fast Funding FICO credit score Finance Funny Car Mods of The Month how to save improve credit Loan Los Angeles MoneyGram No Credit options after bankruptcy Pay Day Loans payment history Private Lenders Qualifying Vehicle savings secured credit card secured loan stick with your budget title loan Title Loans transunion types of credit
1800 Car Title
Bottom Logos

FOLLOW US!

  • Facebook
  • Twitter
  • YouTube

Footer

1800 Car Title
Bottom Logos

FOLLOW US!

  • Facebook
  • Twitter
  • YouTube
  • Extras
  • FAQs
  • Programs
  • Reviews
  • Locations
  • Community Service
  • Become an affiliate
  • Benefits For Military
  • Extras
  • FAQs
  • Programs
  • Reviews
  • Locations
  • Community Service
  • Become an affiliate
  • Benefits For Military
  • Title Loan Options
  • Car Title Loans
  • Title Loans Refinance
  • Motorcycle Title Loans
  • RV Title Loans
  • Car Title Loans Online
  • Title Loan Options
  • Car Title Loans
  • Title Loans Refinance
  • Motorcycle Title Loans
  • RV Title Loans
  • Car Title Loans Online
  • How to Get a Car Title Loan
  • Benefits of a Car Title Loan
  • Payday Vs Title Loans
  • Car Title Loans Online
  • Lower Your Interest on Car Title Loans

Site Footer

  • Sitemap
  • Privacy Policy
  • Questions & Complaints
  • Utah Disclosures, Fee Schedule and Complaints
  • Terms of Use
  • Credit Education

USA Patriot Act Disclosure: Important information about procedures for opening a new account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you apply for a loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Loans may be made by one of several lenders, including: First Electronic Bank, a Utah-chartered industrial bank located in Salt Lake City, Utah, member FDIC; Wilshire Commercial Capital L.L.C. dba 1 (800) Car-Title and Wilshire Consumer Credit, a licensed lender in certain states. Loans not available in all states. In California, loans are made pursuant to a Department of Business Oversight California Finance Lenders License. See State Disclosures for additional information.
Accessibility Statement. We are committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone and applying the relevant accessibility standards in compliance with Web Content Accessibility Guidelines. For feedback on our website accessibility or if you have any problems with the access of our website please call our toll-free number 800-589-0290 or email us at [email protected] and we will assist you.
Wilshire Commercial Capital, LLC dba 1 (800) Car-Title and Wilshire Consumer Credit is located at 4727 Wilshire Blvd, Suite 100, Los Angeles, CA 90010.
© Copyright 2022 Wilshire Commercial Capital, LLC. dba 1 (800) Car-Title and Wilshire Consumer Credit. All Rights Reserved.