How To Get A Car Title Loan Without A Vehicle Inspection

Are you looking for guaranteed approval for car title loans online without the car or having to submit to a vehicle inspection? Well, here’s all you need to know. A car title loan is a loan that offers you quick cash secured by a vehicle you own free and clear. Being so, you need to own a vehicle and have the title in your possession, which will be signed over to your lender.

The title typically has no other debt obligations, cosigners, or liens against it. However, there are some cases in which you don’t have to bring the vehicle into a location to get it checked out. Avoiding an inspection can help save time if you own a car but don’t have convenient access to it. Keep reading to find out what's required for a title loan without inspection, how much you can borrow, and the terms to expect with your loan.

Online Car Title Loans With No Inspection

Getting a title loan from Hyperlend without physically bringing the vehicle into a location to get inspected is becoming increasingly common. As online title loans become more prevalent, companies find ways to work around the physical inspection requirement. But how do they verify the car instead?

Some companies will let you provide pictures and videos of your vehicle instead of an inspection. They may request to see the car from all angles, view the interior, and hear it running in a video. The process of taking pictures to show vehicle wear and damage is not uniform amongst the many title loan companies. It's similar to what you see from an insurance company that accepts pictures for proof of damage. Documenting the car this way can enable some lenders to assess your vehicle’s value adequately. As a result, they can grant you a loan even if you don’t physically have the car on a specific day and don’t bring it in.

How to get a title loan without a vehicle inspection?

An important note on this topic is why you would need a title loan without the vehicle and would go this route.

In some situations, getting an online title loan is more convenient, especially when you don't want to have your vehicle inspected or show proof of having the car. You may not be near the lender's office offering you the best deal or prefer not to leave your house and go to the store. Or perhaps your car is not in your possession now, but you can show proof of the vehicle later. A situation like this can occur if the vehicle is at a mechanic's shop and won't be ready for days.

In other cases, you may want an online title loan for a vehicle you own but don’t have access to. This is where getting title loans online without possessing the car can be helpful, and it pays to find a lender who will work with you. A lender that doesn’t always require a vehicle inspection can come in handy, and you must first find out how much your car is worth for a title loan.

If, for some reason, you can’t meet the payment obligations and default on your title loan, the company can take your vehicle, and you may face a lawsuit if you misrepresented it during the application process.

Bad Credit Title Loans Without The Car

One of the best things about a title loan is that you can get approved without excellent credit. That means you don't need a credit history that stretches out over the past few years, and some customers can get approved with FICO scores under 500! The reason for all this is simple: your car's equity is used as collateral for a loan, making your credit score far less of a factor. Bad credit title loans are possible with the car; most customers can borrow up to $5,000.

You may notice the loan amount here is lower than what's typical with a Hyperlend car title loan because you not only have bad credit but also are not taking in the vehicle for inspection. Whereas some title loans are offered for up to $20,000, a title loan without both good credit and inspection leads to a smaller loan amount as your lender is less likely to take on that much risk.

Should I even try to get a title loan without a vehicle inspection?

Getting a title loan without needing to bring the car or submit to a car inspection can significantly enhance the car title loan experience. One significant factor is that you can save yourself a trip and find a local title loan lender near you who doesn't need to check out your car.

Another benefit of a title loan without inspection is that you can be approved and funded within a few hours. Title loans are based on the vehicle's value, limiting the paperwork needed to verify your credit and lending history. The main requirement is proof of income and a lien-free title, and with those two items, your loan can be underwritten quickly.

Contact Hyperlend at 800-971-3022 to learn more about how we can help you get approved and funded for a title loan without inspection!