When determining the amount that you could qualify for a title loan on a 2005 GMC Yukon, lenders will factor in a few different things. Lenders will pay attention mostly to the value of the vehicle, and ability to repay the loan.
Average Title Loan Amount on a 2005 GMC Yukon
At Max Cash® Title Loans, we were able to lend $2,415 on a this vehicle. The 2005 Yukon has a reported Kelly Blue Book value of approximately $2,682 on the mid-tier SLT style. From this you can see that we are able to lend quite a significant portion of the vehicle’s current market value. All without needing to get rid of the car!
Will I be Disqualified for a Title Loan if I have Bad Credit?
At Max Cash Title Loans, concerns we often hear from our clients is that they are concerned due to them having a poor credit score. However, there is no need to be! Unlike an unsecured loan, a title loan is primarily based on the value of the vehicle. Because of this, credit often doesn’t play an enormous role in getting title loans approved. A title loan option can be great for those with poor credit who need cash quickly!
Ready to go over some numbers? Get the process started with us online and one of our skillful agents will go over the options with you! We’re happy to help 7 days of the week.
How Does the Title Loan Process Work?
In order to secure the title loan, the lender will add a lien on the car’s title until the loan is paid back. Once the title loan is paid off in full, the lien can be removed.
Our mission here at Max Cash Title Loans is to make the process as simple as possible. Still have questions about title loans? Give us a call today at 855-561-5626 and find out whether a title loan on a 2005 GMC Yukon would be right for you!
Try out our handy tool for determining an estimate on what your payments might be like:
Steps to get a Title Loan on a 2005 GMC Yukon:
- Apply with us online or over the phone.
- Discuss the options with one of our loan agents based on your situation.
- Complete your application by providing us a few documents, either by bringing them in a participating store or submitting them online.
- From there, select from a variety of different funding options to suit your needs!1 2
When Ready to Apply you MAY Need the Following:
- Government issued photo ID
- Free and Clear Title
- Proof of Residence
- Proof of Income
- Several Photos of the Car
- Three personal references (not related to you)
- Insurance (some states require this but not all of them)
- Social Security Card (or a Document on which your name and SSN both are listed)
Get Started with a Title Loan on a 2005 GMC Yukon
Ready to get a title loan? Head online and fill out an easy inquiry form! Once submitted, a loan agent will reach out to you and talk about the next steps.