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Getting a loan for your pink slip is an attractive offer for many with poor or nonexistent credit, because you do not need to undergo a credit check in order to be approved. A low credit score can be a real obstacle in terms of getting a traditional loan from a bank or credit union.

Plus, in some states, you do not even need to show proof of employment in order to get a pink slip loan - although you will need to prove you have a consistent source of income, such as money from Social Security benefits or a disability claim.

Instant pink slip loans are a good way for people with few assets to get money. As long as they own their car outright and their name appears on the title, a lender will offer a loan based on a percentage of the current market value of their vehicle. Most of the time, a borrower will be able to get approximately 50-60 percent of the wholesale value of the car, but there is a possibility to get more money after an in-person inspection has been conducted.

Every state has different laws when it comes to pink slip loans. However, no matter where you live, you will need to sign loan disclosures as part of the application process. Most often, you will need to read and sign a disclosure acknowledging your understanding of the guidelines outlined by both the Federal and state government. These disclosures are intended to inform the borrower of the charges associated with a pink slip loan.

Information commonly included in the disclosure(s):

  • Annual Percentage Rate (APR)
  • Prepaid finance charges
  • Finance charge
  • Amount financed
  • Total of payments
  • Payment schedule

Borrowers should be advised that interest rates vary from state to state, as well as from lender to lender. In some states, there are even loopholes that allow unlimited interest. This fact makes the next point, regarding your car pink slip loan options, even more important.

Instant Pink Slip Loan Options

With a wide variety of pink slip loan options on the market today, and so many ways to go about getting one, the entire process can easily become overwhelming. In addition, in order to avoid being charged an arm and a leg in interest or being slammed with hidden fees, it's critical to do your homework and find the most fair and reputable service in your area. There are many ways to get loans for pink slips, and you may have even seen brick and mortar stores lining the streets of your community or the surrounding area.

However, who can honestly take the time out of their busy schedule to find a physical location, drive to said location, and apply for a pink slip loan in person? With so many demands on our time these days, many people struggle to sit down at a table and eat a proper meal, let alone find the best way to use their pink slip to get a loan.

Having pink slip loan options can be a good thing, especially when you are pressed for time and need money as soon as possible. However, when your options are not necessarily convenient, it can be difficult to find the best way to boost your bank account.

Get a Pink Slip Car Loan with EZ Car Title Loans

As mentioned before, when you are facing a financial emergency and every second counts, you simply cannot afford to apply for a pink slip loan in person. The good news is EZ Car Title Loans understands your time constraints and offers a level of convenience you won't find anywhere else. Since we only require a single form, which can be submitted from any computer, smartphone, or tablet, you can get an instant pink slip loan wherever and whenever you please.

We have revolutionized the lending process by putting you in control. Whenever the time is right, take a minute to provide your car and contact information in order to get a complimentary pre-approval auto equity loan quote. The online nature of our service provides you with the opportunity to get feedback in an instant. Forget about traveling to a physical store, because you can finalize all the details over the phone with one of our pink slip loan specialists. In fact, the only time you will need to leave the comfort of your own home is when you collect your money.

When you work with EZ Car Title Loans, you will have access to the best pink slip lenders in the business. Our partner lenders offer fair and flexible terms designed around your individual needs, including some of the most competitive interest rates available. Since interest rates can vary so dramatically, when working with us, you can be confident you are getting a solid deal regardless of your financial situation.

How to get a loan for your pink slip:

  1. Apply online at your earliest convenience to find out how much you can get with a pink slip loan
  2. Discuss the details over the phone with one of our specialists
  3. Collect your cash from a convenient store in your area

Keep in mind that a lender only needs to hold onto your pink slip while you make payments, so you can get your money and drive off in the very same vehicle you used to get your loan. As soon as you have paid in full, your pink slip will be returned. If you are pressed for time and need a quick and easy way to take care of a financial emergency, a pink slip loan from EZ Car Title Loans is a sound solution.