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Benefits of Traditional Title Loans | Mid-South Title Loans Memphis

Has the New Year rung in only unforeseen bills and pricey needs? Let Mid-South Title Loans help you get the quick cash you need for a fresh start. Traditional title loans are a great remedy against unforeseen costs and stress. While some may be curious about the advantages of a title loan over other types of loans, there are numerous benefits of which you may be unaware. Below are 5 major benefits to applying for title loans in Memphis with Mid-South.

You Have the Collateral. According to a Pew Research center survey, there is an 88% chance your collateral is parked in your garage. If you are part of this percentage of U. S. households with a car, then you are eligible for a title loan. The only caveat is that you must own your vehicle and have a lien-free title.

Quick Experience with Experts. As experts in the field, we have perfected the application process to keep you from drowning in paperwork. We’ve facilitated this in two ways:

  1. Online Title Loan Information Sheet: we developed this nifty online form so you can jumpstart your application process.
  2. 20 minutes or less: When you visit a Mid-South Title Loans in Memphis, all you need to bring with you is your vehicle, photo ID, and your lien-free title. We will help you go through our speedy 20-minute application process while assessing your vehicle’s value. Once you’ve been approved and sign a 30-day renewable contract, you’ll leave our office with cash in hand and drive off in your vehicle.

I Get to Keep My Car? That’s right! Perhaps the best benefit of a traditional title loan is that you get to leverage your vehicle for collateral without losing the use of your car. While we do hold on to your title, you can continue to drive your vehicle while you’re making payments on your short-term loan.

We Return Your Title. Once you have paid your short-term loan in full, you will receive your title back along with our thanks. It really is a simple as that!

Confidential and Discrete. Your privacy is of the utmost importance to us. Your transaction at Mid-South Title Loans is 100% confidential, and with no questions asked. Your personal information will never be distributed or sold to another party, either via phone or in person.

Three Convenient Locations. Mid-South Title Loans customers enjoy the convenience of three locations throughout the Memphis metro area:

1680 Winchester Rd
Memphis, TN 38116

Phone: (901) 346-1040

4965 Summer Ave.
Memphis, TN 38122

Phone: (901) 821-9211

2798 S. Perkins Rd.
Memphis, TN 38118

Phone: (901) 794-5460

This makes finding quick cash easy, regardless of where you live in the Memphis Area.

As you can see, there are benefits within benefits to traditional title loans in Memphis. Not only do you already have the collateral, but based on the value of your lien-free vehicle, you can get fast cash within 20 minutes and still keep your keys. Based on the assessed value of your car, Mid-South Title Loans loans range from $150 to $2,500. That’s a pretty good amount to cover any immediate cash flow needs that might arise. So if you need quick cash in Memphis, all you have to do is fill out our convenient Title Loans Online Info Sheet, or stop by any of our three Mid-South Title Loans locations in Memphis and reap the benefits of a traditional title loan today.

 

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OUR LOCATIONS

1680 Winchester Rd
Memphis, TN 38116
Phone: (901) 346-1040

4965 Summer Ave.
Memphis, TN 38122
Phone: (901) 821-9211

2798 S. Perkins Rd.
Memphis, TN 38118
Phone: (901) 794-5460