How to Get a Title Loan Without the Title

Auto title loans can be ideal for people who need money fast and may not be eligible for traditional bank loans. Title loans are secured by the equity in a qualifying car, so borrowers with poor credit can still be eligible. Getting a title loan without the title isn’t possible because you need a physical copy of it to qualify for funding. But, you may have other options to consider if you don’t have the title on hand.⁵

Max Cash^ⓇTitle Loans can try to help you refinance your current title loan if your title already has a lien on it from another title lender. Additionally, you might still qualify for a title loan even if you have not paid off your car in full yet! If you need emergency funding to get back on your feet, let Max Cash Title Loans be your guide.^{2 5}

Key Takeaways:

• You need a physical copy of the clear, lien-free title in your name to qualify for a title loan.
• You can try to refinance your current title loan if your car’s title has a lien on it from another title lender. 
• While title loans can provide fast access to cash, be mindful of the potential risks associated with getting a loan by using your car’s title as collateral for funding.
• You can’t get a title loan without the lender seeing the car because its value must be appraised at some point during your application. This examination can be in person or online depending on what services your car title lender will offer.

How to Get a Title Loan Without a Clear Title

Unfortunately, getting a title loan without a title just isn’t possible. Having a free and clear vehicle title is necessary to get approved for an auto title loan. A clear title to a car, truck, or SUV will not have any liens against it from another lender or financial institution.

An auto title loan is a type of secured loan where you can use your vehicle as collateral to secure funding. Since the loan is guaranteed by collateral, individuals from all different types of credit backgrounds can be eligible as long as they meet the right requirements. This includes borrowers with bad credit! If you do not have a free and clear title in hand, there still may be other ways that Max Cash Title Loans can help you! Keep reading to learn more about transferring a title to your name or refinancing your existing title loan.^{2 5}

How to Replace a Lost Title

Losing a car title can be a hassle. If you want to get a title loan without the title online, you might have misplaced or lost your car’s title. But it’s also a fairly straightforward process to get a replacement! As long as you know the necessary steps to take and the documents you will need to have on hand, it can be a breeze. Here’s a quick look at the process:

Guide to Replacing a Lost Car Title

• Get Your Documents Together: To get a duplicate title in any state, you will typically need a valid form of photo ID (State-issued driver’s license, U.S. passport, etc.) You may also need to provide the Vehicle Identification Number (VIN). Additionally, you will be asked for some basic information about the car (make, model, year, etc.) 
• Complete the Application: In most states and U.S. territories, there is a state-specific form you’ll need to fill out to request a replacement title. For example, in the state of California, you will need to complete an Application for Duplicate Title Form (Form REG 227), sign it, and have it notarized. You can usually find this form on your local Department of Motor Vehicles (or state equivalent) website. Completing the form usually only takes a few minutes, but make sure you answer every question and that your answers are accurate, otherwise you could be holding up the process.
• Pay the Replacement Fee: There is usually a small fee for obtaining a duplicate title, but the exact amount often varies depending on your location. 
• Submit Your Application: You can turn in your application for a duplicate title in one of the following ways: in person, by mail, or potentially, online. The available methods will vary based on your state of residence.

Tips For Expediting the Process of Getting a Duplicate Car Title

If possible, consider submitting your application for a replacement title online. Doing so may significantly expedite the processing time compared to mail-in applications. Also, triple-check everything on your application to avoid your request getting held up by an administrative error. Finally, is there an option for expedited service? It might be worth the extra fee just to save time.

Using a Bonded Title

If you do not have a duplicate title but you have a bonded title, you may be able to apply for a title loan if you can find a lender willing to work with you!⁵ A bonded title can provide proof of ownership when the original car title was stolen or misplaced by the vehicle owner. You’ll need to complete the surety bond process to pursue this option, but you may be able to use this alternative title as collateral for a loan.⁵

Does a Title Have to Be in My Name to Get a Title Loan?

At the time of your loan inquiry, your title must be clear and in your name. You can’t get a car title loan without a clear title! In general, your car will need to be in your name to get a title loan.

How Do I Add My Name to the Vehicle Title?

If you have just bought a car, or have paid it off, great! Now you can have the title transferred under your name. If you are the rightful owner of a vehicle, you can complete the transfer process without a hitch in most cases. Depending on the state that you live in and the reason why the title was not in your name, there are a few documents that you will need to have with you, including a lien release, if applicable. Check your local Department of Motor Vehicles (DMV) page for specifics. From here, you can complete the title transfer online, or in person. 

Once the paperwork is complete you will receive an updated title with your name and other updated information on there. 

Other Requirements for a Title Loan Without the Title in Hand

On top of having a clear title to a vehicle in your name, you will need to meet a few requirements for loan approval. The most important qualifying factors that are considered in approving someone for a title loan without the title on hand are:⁵

• Their ability to pay the loan in regular monthly payments,
• And the current value of their vehicle.

While you do need the title to your vehicle to obtain an auto title loan, it is sometimes possible to get a title loan on a car that has not been fully paid off yet depending on the circumstances. In addition to a car that is owned by you and in safe working condition, there are a few other requirements for title loan approval.

These include:

• Qualifying Title to Your Car

The title must be in your name to prove the car is owned by you; however, if your title already has a lien on it from another title loan, you may be able to qualify for refinancing!⁵

• Government-Issued ID

This could be a valid driver’s license, passport, or state-issued ID card, such as a REAL ID.

• Proof of Income

These documents are to show your ability to pay off the loan. They could include recent paystubs, pension or retirement income, or bank account statements.

• Proof of Residence

Any kind of documents that prove you reside within the state you are asking for approval in. Documents like a household utility bill, a lease agreement, or a credit card statement will do.

• Pictures of Your Car

A title loan lender needs to see some pictures of the vehicle you plan on using as collateral. This way they can confirm all the information you’ve provided to them including the condition of the car.

How to Get a Title Loan Without the Car

Looking for the most convenient way to get title loans without the car being shown? While you can apply for a title loan online or over the phone, you’ll have to show proof of the car at some point during the application. 

You can’t get title loans without the lender seeing the car because its value needs to be determined by an inspection. But, the appraisal can be completed virtually at your convenience! Some lenders allow you to submit pictures of the car instead of an in-person inspection, which can be a hassle. Just take photos of all sides of your vehicle and include a couple of snaps of the car’s interior. When taking the pictures during your application for a title loan without showing the car in person, keep the following in mind:

• Include Photos of the VIN and Odometer Reading
• Accurately Show the Car’s Current Condition
• Make Sure the Photos have Good Lighting

How to Get Title Loans if I Still Owe on the Car?

Now that you understand more about getting a title loan without the title or an in-person inspection, you might have questions if you still owe on your vehicle. Some lenders allow you to apply for title loans on financed cars. However, your car needs to meet their equity requirement, meaning that you should be close to paying off your loan in many cases.⁵ 
In order to get a title loan if you still owe on the car, your lender will ask that you sign a written permission and authorization form. The title lender will use this form to get information about your existing car loan and pay it off on your behalf.

Steps to Apply for a Title Loan Without the Title

Securing a car title loan without the title involves a few steps. We’ve broken down the process for you, so that you have all the steps you need to try to move forward with your loan inquiry.

Check for Existing Liens

Do you already have a lien on the title of your vehicle? Concerned about not having your title in hand because it already has a lien placed on it by a title lender? If you don’t have the capacity to pay off the existing loan, you could possibly still get a new title loan through the refinancing route.

Perhaps you find yourself off track with your current title loan or you’ve fallen behind on your monthly payments.

Maybe you were taken off-guard by surprise charges or how quickly you were expected to pay off your loan.

Whatever may have happened, financial commitments can easily become overwhelming and you might need alternative options!

Max Cash Title Loans could help you find a loan with more flexibility with a different lender and brand new terms!^{2 5}

Complete an Easy, 3-Step Process to Get Your Title Loan

Max Cash Title Loans has a simple and lightning-fast process to see if you qualify for a title loan. All you need to do is follow these three simple steps:

1. Fill Out the Online Form

Fill out a quick online form with some basic information. First, provide your name and your income. You must also provide some facts about your car like the make, model, year, mileage, and overall condition.

2. Send In the Required Documents

Once Max Cash Title Loans has the information you provided, we will discuss your options if you are prequalified.^{2 5} Next, they will ask for some necessary documents to move forward with a new contract and connect you with a lender for your a title loan. You can email over pictures or scans of a photo ID, the title of your car,  and lastly, proof of income and address.

3. Receive Your Terms

Lastly, if approved for a title loan, your lender will send you terms and a payment plan to review, along with and a contract to sign. If you see things that don’t work for you in your contract, talk them through with your lender and see what they can do. By doing this you can avoid future problems.^{2 5}

If you need a title loan without your title in hand Max Cash Title Loans may still be able to help you refinance so your loan is more manageable! We offer you superior service with clear communication each and every step of the way. Max Cash Title Loans always works for you, never the lender. We use our extensive knowledge and experience in the industry to find you the best deals possible! ^{2 5}

Frequently Asked Questions About Getting a Car Title Loan Without the Physical Title