Get Cash With An Albuquerque Title Loan!

Requirements for Express Car Title Loans in Albuquerque, NM

1. You must provide collateral in the form of a paid off vehicle or a car or SUV that’s nearly paid off with significant equity. The car has to be in your name and you need a physical pink slip to hand over to your lender.

2. The vehicle must be valued at over $6,000 to qualify for most title loans in Albuquerque. Lenders typically have a minimum loan amount of $2,500. You can often borrow 40-55% of a vehicle’s value, so you will have trouble qualifying for a loan with any car or truck under that amount. Determine your vehicle’s title loan value by looking up comparable sales in New Mexico based on your car’s year, make, and model.

3. You must provide documentation proving you’re a resident of New Mexico and valid registration information. Any driver’s license or state ID will be acceptable, but we need updated records from the MVD in Albuquerque.

4. Income Verification. We must ensure you can repay the loan! Just because you qualify for an auto title loan based on the vehicle’s collateral doesn’t mean you can repay the loan! We need to know how much you make each month so we can set a reasonable monthly payment and payoff amount. Send in bank statements or some documentation from your employer to verify this info.

Bad Credit Title Loans In Albuquerque, New Mexico

Most people looking for a title loan have poor credit because they’d otherwise get a personal loan that doesn’t require a car as collateral. Express Car Title Loans won’t check your credit score when you apply for a title loan, and you can get approved without a credit history. All we need to know is that you have equity in your vehicle and can show an ability to pay off your loan. Don’t stress your FICO score when you don’t have to!  Call us at 888-864-7180 to get cash for your car’s title, and even with a credit score of 600 or less, you can still get approved!

Apply with Express Car Title Loans in Albuquerque

Are you interested in getting a title loan but don’t know how long it will take to get cash or don’t want to deal with the hassle of a multi-day underwriting process? Express Car Title Loans can process and underwrite your loan in hours, and some customers in Albuquerque can access their funds in 24 hours or less from a local lender in Bernalillo County! Call us at 888-864-7180 to start your application for a title loan on an RV, vehicle, or anything else that can be titled and registered in New Mexico!