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How Easy Is It to Get a Title Loan in Memphis?

 How Easy Is It to Get a Title Loan in Memphis?

When you are in need of quick cash to cover bills like medical expenses or a gap in finances from an unexpected job loss, you need to find a loan provider that works for you.

When you go to a bank or a credit union to get a loan, it is a formal process that includes a lot of document checking, as well as credit and background checks, in most cases. While it may seem that banks and credit unions are the only option for loans, there are other options, like Mid-South Title Loans.

Mid-South Title Loans is a short-term loan provider, and we are a bit different than your typical bank or credit union. Our process is quicker, easier, and hassle-free, and our loan terms are short. You end up paying less interest, because you pay us back in a short period of time. We are here to help cover a short-term gap in your finances.

There are only a few requirements needed to get a title loan at Mid-South Title Loans’ three locations in Memphis, Tennessee. Here’s what you need to do to get a title loan at any of our Memphis locations.

How to Easily Get a Title Loan in Memphis at Mid-South Title Loans

1. Have a lien-free title available.

If your car is completely paid off, you have a lien-free title. If it is not, you do not qualify for a title loan, unfortunately. If it is lien-free, as long as it is under your name and issued within 80 miles of your nearest Mid-South Title Loans location in Memphis, you qualify for a title loan with us.

When you come to one of the Mid-South Title Loans locations, we’ll need you to provide your lien-free title, and we will temporarily keep it, in exchange for your title loan, until it is paid off. Once your title loan is paid in full, we will promptly give you the title back.

2. Have your insurance information available.

One of the few requirements of getting a title loan at any of the Mid-South Title Loans Memphis locations is that your car is insured. When you are ready to get your title loan, we’ll need proof of insurance, before we’ll issue your title loan. Be sure to bring this with you when you’re ready to get your money at Mid-South Title Loans.

3. Have a photo ID or driver’s license.

When you get a title loan at Mid-South Title Loans, we’ll need to see your photo ID or driver’s license that shows you are over 18. As long as you are over 18 and have a valid photo ID or driver’s license with you, we can issue you a title loan.

4. Fill out an online application.

The last required document you’ll need to provide, in order to get a title loan at one of our Memphis locations, is an application. This includes basic information that will help us learn more about you, your needs, and your repayment ability. Once this is complete, you will find out if you qualify for a title loan at Mid-South Title Loans.

5. Drive the car that your lien-free title is under to any of our Memphis locations.

Once your application is complete and you have gathered your lien-free title, car insurance information, and photo ID, it’s time to come on over to your nearest Memphis Mid-South Title Loans location for an inspection.

Unsure if your wrecked car qualifies for a title loan? Your car can be damaged, but if it is driveable, we can accept it for inspection, and you qualify for a title loan. We won’t do anything else with your car, other than inspect it to determine its value, which helps us decide how much money we will loan you.

Getting Your Title Loan

Once all of these steps are complete, we’ll write up your title loan for an amount between $150 and $2500, and we’ll discuss the loan’s terms and conditions with you, before you sign off. Once you sign off, we’ll temporarily keep your lien-free title, as collateral for your loan. We’ll write you a check, which you can use for anything you want – debt payments, repairs, or even a treat for yourself or your family.

Once your title loan is paid back, we will happily give you the title back, along with a thanks. And we will be here anytime, if you ever need us.

Paying Off Your Title Loan

It’s easy to pay off a title loan at Mid-South Title Loans. Unlike traditional loans, such as through banks and credit unions, we want you to pay it back quickly, so you can get back on your feet. A title loan is only meant to cover a small gap in your finances, and we don’t want you to make small payments over a long period of time, which ends up costing you more after all the interest adds up.

Our title loans are under 30-day renewable contracts, so if you need more time after your 30 days is up, we can give you more time with additional interest.

Get Started on Your Car Title Loan at Memphis’ Mid-South Title Loans Now

Don’t wait around for a traditional loan through a bank or credit union, when you can quickly and easily get a loan at Mid-South Title Loans. At any of our Memphis title loans locations, we can help you get the money you need in as little as 20 minutes. Plus, you can bring your car by anytime for a free inspection to get an estimate of the amount we can lend you.

Have a question or want more information? Call your nearby Mid-South Title Loans location, send us a message through our website, or stop by a store today!

Proudly Serving Memphis, Tennessee & the Surrounding Cities

Mid-South Title Loans proudly provides title loans to Tennessee’s Memphis and Shelby counties, including the cities of Germantown, West Memphis, Midtown, Cooper-Young, East Memphis, South Memphis, Parkway Village, Whitehaven, Berclair, Raleigh Bartlett, Southaven, and the surrounding areas.

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Will I Qualify for a Car Title Loan?

Will I Qualify for a Car Title Loan?

Have you had some financial struggles recently, and you’re looking for a bit of relief?

No matter what the situation is, financial struggles happen to almost everyone, and there is nothing wrong with looking for a little relief by getting a loan. There are so many options when it comes to getting extra finances. Loans come in many shapes and sizes, and there are pros and cons to each.

While you may be looking at other options like a traditional bank loan or line of credit, a car title loan is a great short-term option for anyone who needs a little extra financial help that doesn’t want to pay off a loan for years to come. It also means you pay less interest, since you aren’t racking up interest for the months and months that you have your loan open.

Now that you know some of the many benefits of getting a title loan, you’re probably wondering if you qualify. Here’s what you need, in order to qualify for a car title loan.

How to Qualify for a Car Title Loan at Memphis’ Mid-South Title Loans

Fill out an online application.

Our online application is the first step you need to get the ball rolling on your car title loan. We ask basic information about you, your car, your job, your housing situation, and beyond, and we ask that you provide references. This will help us figure out your repayment ability, loan needs, and current financial situation.

Have a lien-free title.

A lien-free title is one that is free of debt, meaning your car is completely paid off. If you have any debt owed on your car still, you will not have a lien-free title, and you won’t qualify for a title loan.

Your lien-free title needs to be in your name and issued within 80 miles of the Mid-South Title Loans location nearest you to qualify for a car title loan at any of our Memphis Mid-South Title Loans locations.

Gather your insurance information and photo ID or driver’s license.

Besides your lien-free title, the only other documents we need for verification are your car insurance information and a photo ID or driver’s license. Both your insurance and ID need to be valid and up-to-date. Your valid photo ID or driver’s license will need to show that you are 18 years of age or older, in order to qualify for a car title loan at Mid-South Title Loans.

Your car needs to be driveable and brought over to one of our Mid-South Title Loans locations for an inspection.

The car that your lien-free title is for needs to be in driving condition. It can be wrecked, but as long as it’s driveable, you’ll qualify for a loan at Mid-South Title Loans.

After you’ve filled out your online application and gathered your insurance information, photo ID, and lien-free title, the next step is to drive your car over to Mid-South Title Loans for an inspection. When we inspect your vehicle, we’ll determine how much money we can loan you, based on what your car is currently valued at. Then, we’ll give you an offer for your loan, and you’ll be on your way with the money you need in hand.

What You Don’t Need to Qualify for a Car Title Loan

Perfect credit or any credit at all

One of the most attractive parts about getting a car title loan at Mid-South Title Loans, in comparison to other lenders, is that we don’t require any credit checks, which means that you can have less than perfect credit or no credit at all. It makes our process simple and quick, since credit and background checks take time to complete.

Extensive supporting documents

Unlike loans at banks and credit unions, we don’t ask for any supporting documents, such as pay stubs, bank statements, or housing verification. All we ask is that you fill out this online application, bring in your insurance information and your photo ID, and let us inspect your vehicle to get you a car title loan.

How to Get Started with a Car Title Loan

We’d love to help you get a car title loan as soon as possible. At any time, you can bring your car to any of our three Memphis locations to get inspected for free, so you can get an estimate how much money you qualify for in a car title loan.

When you’re ready to start the formal process to get the money you need as soon as you need it, you’ll simply need to fill out the online application, bring in your supporting documents, and let us inspect your car. We’ll then write up a title loan with the amount you qualify for.

Once we’ve offered you the amount that you qualify for, we’ll discuss the loan’s terms and conditions, which include a 30-day renewable contract that gives you the options of extending your loan’s terms, if you need more time to pay it off. Once you accept the offer and the terms and conditions, we will write you a check, in exchange for your lien-free title.

We’ll temporarily keep your car’s title, which your loan is still in repayment. As soon as it’s paid off, we’ll give you back your title promptly, along with a thanks.

Get Your Car Title Loan Today at Memphis’ Mid-South Title Loans

Getting a car title loan to get the money you need now is simple at Mid-South Title Loans’ three locations in Memphis, TN. Come by any of our Memphis Mid-South Title Loans locations for a free inspection anytime, or get started by filling out an online application now! Getting back on your feet financially can be as little as 20 minutes away, and you can be free of the financial stress you’re feeling.

Have a question or want more information? Call the location nearest you, contact us through our website, or come by a Mid-South Title Loans store today!

Proudly Serving the Memphis, Tennessee Metro Area

Mid-South Title Loans proudly provides car title loans to Tennessee’s Memphis and Shelby counties, including the cities of Germantown, West Memphis, Midtown, Cooper-Young, East Memphis, South Memphis, Parkway Village, Whitehaven, Berclair, Raleigh Bartlett, Southaven, and the surrounding areas.

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4 Ways You Can Benefit from a Quick Cash Title Loan in Memphis

4 Ways You Can Benefit from a Quick Cash Title Loan in Memphis

Are you considering getting a title loan in Memphis? Are you in need of quick cash for bills or other necessities?

If you’re experiencing a job loss, another financial crisis, or simply a gap in your finances, you need to find a way to get the money you need to pay off outstanding debt or simply make ends meet. When you’re looking for options to cover your needs, you can go to a number of places: a bank, a friend or family member, or a short-term lender like Mid-South Title Loans in Memphis, TN.

So, what’s the difference between your options? Why should you choose a title loan over other Memphis lenders? Are there benefits to a title loan that you can’t get from someone or somewhere else?

These are all the questions that are probably going through your head. Let us help you understand why a title loan is a great option for you.

4 Ways a Title Loan from Memphis’ Mid-South Title Loans Will Benefit You

Pay Off Debt Quickly

One of the most attractive qualities about getting a title loan, for our Memphis customers, is that you can pay off your debt quickly. Maybe you have outstanding medical bills, maxed out credit cards, or mortgage bills that aren’t getting paid. When debt piles up, it can easily overwhelm you. Plus, lenders don’t wait to get paid. They go to extreme efforts to get the money they’re owed, like sending your bill to collectors. And once your debt goes to collections, it gets even worse. Debt collectors go to any length to get your money – harassing your family members and yourself on a weekly or daily basis. Nobody likes being on the other end of that.

A title loan allows you to get your debt paid off, so that you don’t have to be the victim of debt collectors. It helps you get peace of mind, so that you don’t have to worry about when you’re going to be able to pay off your debt. You can pay it off now. You can stop waking up in the middle of the night worried and stop having fights with your significant other over bills. You can finally focus on the things that really matter – like your family.

Your Loan Can Be Paid Off Quickly

Since we know that debt is stressful, we don’t want you to have to pay off your title loan over a long period time. Our loans are smaller than other lenders, and you pay them off quicker than you would a traditional loan. Instead of making small monthly payments and paying for extra interest over a long period of time, our loan terms are short-term. They are based on a 30-day renewable contract, and you can renew it for an additional 30 days, if you need more time. This means that not only do you not have to worry about carrying your title loan debt over a long period of time, you also pay less interest, which is in your best interest.

Quick and Easy Process

One of the biggest problems, when trying to get money loaned to you, is having to wait a long time to get approved and get the money you need. When it comes down to it, you need money now, and you don’t want to wait. That’s why we have so many satisfied customers in the Memphis area – it is a lot easier to get a title loan at Mid-South Title Loans than any other lender. In fact, the entire process can take less than an hour!

How It Works

  • Start by filling out our online application. It’s easy to fill out and can be done in the comfort of your own home.
  • Bring your vehicle, photo ID, insurance information, and lien-free title to your closest Mid-South Title Loans location in Memphis.
  • We’ll inspect your vehicle to determine that amount that we can loan you, and we will create your title loan. You’ll receive an amount between $150 and $2500, dependent on your vehicle value, your cash needs, and your repayment ability. It will be a 30-day contract with an option for renewal.
  • We’ll keep your lien-free title, while your loan is still in repayment, and as soon as it is paid off, we’ll promptly give you your title back.

No Credit or Extensive Requirements are Involved

When you have bad credit, no credit, or simply a few credit bumps and bruises, it can be extremely difficult to obtain money from a lender. At Mid-South Title Loans of Memphis, we don’t require any credit checks. So, your credit won’t see a hit at all from a hard pull, like many lenders do, before approving you for your money. Plus, if you have credit issues, it won’t keep you from getting approved and getting the money you need.

In addition, most lenders have a laundry list of documents that need to be on record for you to get approved for funds, such as pay stubs, recommendations, and beyond. One of the reasons why it is so simple and quick to go through Mid-South Title Loans in Memphis for your loan needs is there is no need for excessive documents for approval. Sometimes, you spend lots of time getting these documents to get approved, and you end up getting denied a loan anyways. It can be a complete waste of time, and you’re back where you started – without funds that you need. The only documents that we require are your lien-free title, proof of insurance, photo ID, and a completed application.

Get Cash Now at Memphis’ Mid-South Title Loans

No matter what you need your title loan for, any of our Mid-South Title Loans locations in Memphis are ready to help you with your needs. With the help of our quick and easy process, you’ll get back on track financially in no time. Plus, you can come by for a free inspection of your vehicle anytime!

If you have any questions, call your closest Memphis area Mid-South Title Loans location, contact us through our website, or stop by today!

Proudly Serving Memphis, Tennessee & the Surrounding Areas

Mid-South Title Loans proudly provides title loans to Tennessee’s Memphis and Shelby counties, including the cities of Germantown, West Memphis, Midtown, Cooper-Young, East Memphis, South Memphis, Parkway Village, Whitehaven, Berclair, Raleigh Bartlett, Southaven, and the surrounding areas.

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Can I Get a Title Loan if I Have Bad Credit?

Can I Get a Title Loan if I Have Bad Credit?

Have you had past bumps and bruises, resulting in a less-than satisfactory credit score? Are you currently experiencing credit problems, and your score could be better?

In this economy, it’s common to experience credit problems, and it seems like nobody has a perfect credit score anymore. Job loss is common, especially in the last ten years or so, and in many cases, credit hits stay on your credit report for several years.

It can be hard to make big purchases and get good interest rates, when you have had or are currently having credit issues. You’ll apply for loans, only to see that you haven’t gotten approved. Sometimes, you don’t know where to turn.

When you need money now, having bad credit is a frustrating burden to bear. You may think that the only option you have is borrowing from friends or family, and a lot of people don’t want to do that. Luckily, you have another option: Mid-South Title Loans in Memphis. At any of our three Memphis locations, you can get the funds you need, without having to have perfect credit. Here’s how it works.

How You Can Get a Title Loan with Bad Credit

No Credit Check or Background Check

It seems like everywhere you go to apply for a loan, lenders need to check your credit and do a full background check. It’s vital to most large banks and credit unions, when you need to get a loan or line of credit. A lot of times, this can result in a hard credit pull. If you’re having credit problems already, not only do you have a smaller chance of getting approved, you also can see a small drop in your score, as a result of this type of credit pull. Even if it seems like having perfect credit is the only way to get the money you need, there are other ways to get a loan.

At Mid-South Title Loans in Memphis, we don’t require a credit or background check to obtain a title loan. When you are ready to apply for a title loan, we just need you to fill out our online application with your information. When you get a loan with Mid-South Title Loans, there isn’t any risk of a hard credit pull, and your score doesn’t affect whether or not you’ll be approved for a title loan. It is a perfect option for people with bad credit or are currently experiencing credit or financial issues. In fact, a lot of our customers are.

No Extensive Document Checks

Extensive document checks are a common part of the loan process for many lenders, like credit unions and banks. It seems like big lenders need to know every bit and piece about you, and they need proof, in order to approve you for whatever sum of money you need. Common documents needed to obtain loans include employment verification, such as your last three months of pay stubs or your last year’s W-2, and proof of residence, such as a utility bill or mortgage/lease agreement.

Gathering and sending all sorts of documents just to get a loan can be a hassle, and if you have to apply to more than one lender, it can get frustrating and time-consuming. We take the frustration out of the lending process and don’t require any of these documents. The best thing about a title loan is that the main document you’ll provide to use is your title. It takes care of all of those document requirements, for us. Even though we’ll keep it while your loan is still in repayment, you’ll get it back as soon as your loan is paid off.

Quick and Simple Process

Unlike getting a traditional loan with a bank or credit union in Memphis, the process at Mid-South Title Loans takes little time at all to complete, which means you can get your money quickly. You don’t need to wait days or weeks to get approved at Mid-South Title Loans.

How Our Process Works

  1. Start by filling out our application on our website.
  2. Gather your lien-free title, proof of car insurance, and valid photo ID to take with you to the Memphis Mid-South Title Loans location nearest you.
  3. Drive the vehicle your title is for over to your nearest Memphis Mid-South Title Loans location, and we’ll inspect it to help determine your loan amount.
  4. Once we analyze your needs, ability to repay, and your car, we’ll write up your title loan, in exchange for your vehicle’s lien-free title, temporarily.
  5. Get your check and drive off!
  6. Once your loan is repaid, we’ll promptly get your title back to you.

Short-term for Easy Payoff

One of the best benefits about a title loan is that it’s a short-term loan, unlike many traditional loans. Our title loan terms are 30 days, but you have a renewable option, if you need more time to get it paid off.

This is beneficial to our customers for a few reasons. First, you pay less interest, which is in your best interest over time. Also, you don’t have to worry about having a loan in repayment over many months or years, which ends up being more of a hassle than a blessing. Plus, it doesn’t affect your credit like a traditional loan.

Come to Memphis’ Mid-South Title Loans for a Loan with Bad Credit

No matter what your current or past credit issues have been, Memphis’ Mid-South Title Loans is ready to help you get the funds you need to cover your expenses, during a tough financial time. Ready to get started? Fill out our online application now or bring your car by one of our Memphis area locations to learn what your car is valued at. If you have any questions, call the Memphis-area Mid-South Title Loans location near you, contact us through our website, or stop by anytime. We look forward to helping you with your loan needs!

Proudly Serving Memphis, Tennessee & the Nearby Areas

Mid-South Title Loans proudly provides title loans to customers with bad credit in Tennessee’s Memphis and Shelby counties, including the cities of Germantown, West Memphis, Midtown, Cooper-Young, East Memphis, South Memphis, Parkway Village, Whitehaven, Berclair, Raleigh Bartlett, Southaven, and the surrounding areas.

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How Do Title Loans Work vs. Traditional Loans?

How Do Title Loans Work vs. Traditional Loans?

Do you need money quickly, because you have bills that need to be paid off immediately? Maybe they are months past due, and you’re worried about collections taking them over. Maybe you’ve experienced a major job loss and are having trouble making ends meet. No matter what the scenario is, you need to find a way to get the money you need to cover bills and expenses.

When you need to get money from an outside source, you have lots of options, including both traditional loans and title loans. Traditional loans come from banks and credit unions in Memphis, and title loans come from a title loan provider, like Memphis’ Mid-South Title Loans.

If you’re considering both sources to get the funds you need, it’s important to understand the differences between the two. Let’s review.

Title Loans vs. Traditional Loans

The Requirements

Traditional loans: When you opt to apply for a traditional loan through a bank or credit union in Memphis, you’ll have the choice of either applying online or applying in person with a bank representative. Similar to a title loan, you’ll have to fill out your information in an application. In addition to filling out your information, you’ll have to provide a number of documents to prove your identity, your housing, and your employment. These can include pay stubs, W-2s, utility bills, mortgage or lease agreements, and your photo ID. Plus, your credit report is likely to be pulled, which may or may not result in a hit on your credit.

Title loans: When you apply for a title loan at Mid-South Title Loans, you’ll fill out an application online. In addition to your completed application, you’ll also need to have a lien-free title, proof of car insurance, and a photo ID. We don’t require a credit check or any verification documents. The most important document to us is your lien-free title, which we use as collateral while you pay your loan off.

The Process

Traditional loans: The process to obtain a traditional loan can be lengthy and extensive. Many times, you’ll have to set up an appointment to meet with a bank advisor, and then wait to be approved for your loan. Sometimes, this can take several days or even weeks, since they have to review the long list of documents you provided, as well as your credit report. If you’re approved, it can take several more days or weeks to get your money, after that. Depending on your Memphis bank or credit union of choice, it can take up to six weeks to get the money you need.

Title loans: The process to get a title loan at Memphis’ Mid-South Title Loans is quick and simple. Our goal is to get you the money you need as fast as possible. After you fill out your application, you’ll simply want to bring your car and the few required documents to your nearest Memphis Mid-South Title Loans location. We will inspect your car and analyze your needs and repayment ability to determine the loan amount. Once we write up the loan, we’ll need you to review the terms and provide your lien-free title for temporary keep, until your loan is paid off. After that, you’ll have your check in hand, and you’ll be on your way to use your money as needed.

The Terms

Traditional loans: Traditional loans are typically long-term, and they are repaid on a monthly basis. If your loan is in the form of a line of credit, you’ll keep it open for likely a long period of time – maybe forever. When it is a long-term loan, you’ll be paying a lot of interest, unless you decide to pay it off early, which doesn’t usually happen. Even though long-term loans seem attractive, the truth of the matter is that you end up paying a lot more than what you were initially lended.

Title loans: Title loans are short-term loans, and your title loan at Memphis’ Mid-South Title Loans is under a 30-day renewable contract. If you need more time than 30 days to pay off your loan, you may be able to renew it and pay additional interest. Short-term loans like title loans are beneficial to our Memphis area customers, because you don’t have to pay a lot of interest on your initial loan amount. We think that this is helpful, and you can get out of your financial situation easier, rather than your loan being another financial burden.

The Amount Lended

Traditional loans: Traditional loans are usually in the form of thousands of dollars, and many lenders will give you much more than you need. I bet you’ve seen the junk mail lenders saying that you’re pre-approved for up to $15,000. The reality is, it’s more than you need, but it is an attractive offer that seems to take away all of your money problems, which isn’t really true.

Title loans: Title loans are created to fill a financial gap, and the amount we lend is only up to $2500. This way, our Memphis customers can pay off their title loan over a short term, and it’s not a burden. We just get you what you need to cover your pressing expenses and bills, so you can get back on your feet.

Start Your Title Loan Application Today

Don’t wait to get the funds you need to cover the expenses you have and don’t waste your time getting a traditional loan. Experience all the benefits of a title loan at any of our Mid-South Title Loans locations in Memphis, Tennessee. We are ready to answer any of your questions today, and we’d love to provide a free car inspection to determine what it is worth. Come by, contact your nearest Memphis area Mid-South Title Loans location by phone, or contact us through our website now! We look forward to helping you with your financial needs.

Proudly Serving Memphis, Tennessee & the Surrounding Area

Mid-South Title Loans proudly provides title loans to Tennessee’s Memphis and Shelby counties, including the cities of Germantown, West Memphis, Midtown, Cooper-Young, East Memphis, South Memphis, Parkway Village, Whitehaven, Berclair, Raleigh Bartlett, Southaven, and the surrounding areas.

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Do Title Loans Affect Your Credit Score?

Do Title Loans Affect Your Credit Score?

If you’re staying on top of your finances, you’re likely paying close attention to your credit score. You make sure to stay on top of when and why it goes up or down and how it will affect your major purchases. There’s a lot to know, and it can be confusing what affects it and what doesn’t.

Luckily, there are a lot of different apps and services that help you stay in the know. They go over the details of every little change, and sometimes, banks or credit unions even provide these services for free with an account.

However, it’s good to know what’s going to affect your credit score beforehand, so that you can make better decisions about your finances. When a credit hit comes out of the blue, it can be shocking and frustrating.

A credit score is something that will stay with you forever, so your best bet is to ask questions to make sure it is kept in good condition. When you’re considering a title loan in Memphis, TN, you might ask questions like: Will my credit be a deciding factor in my title loan application? Will I see an increase in my credit, once my loan is paid off? Is there anything about a title loan that will negatively impact my credit? We’ve got all these answers here.

How a Title Loan Affects Your Credit Score

Your credit won’t be negatively impacted by your title loan application.

Have you ever applied for a loan or line of credit and been blinded by a hit on your credit report? When lenders need to access your credit score and history during the application process, they may do a soft or hard credit check. A soft credit check won’t impact your score, but a hard credit check will.

At Mid-South Title Loans, we don’t perform either of these types of credit checks, so you don’t need to worry about your score being negatively impacted, when you apply for a title loan at your nearest Memphis Mid-South Title Loans location.

Your credit score, credit history, and current financial status aren’t a part of your loan application.

In addition to not doing a soft or hard credit pull, we don’t require any information about your credit history or score, upon application of a title loan at Mid-South Title Loans. It doesn’t matter what type of past credit issues you’ve had, when you get a loan from Mid-South Title Loans.

Plus, you won’t need to provide any type of financial proof to us, such as current pay stubs, employment information, housing, and beyond. Many of our Memphis area customers come when they are experiencing financial difficulties, so it would be counterproductive of us to expect our customers to be in perfect financial condition. We understand that there are times when finances aren’t perfect, so we only have a few requirements for our title loans:

  • You must have a lien-free title, which is one that is completely paid off, and it must be issued within 80 miles from your Memphis Mid-South Title Loans location. It also needs to be in your name.
  • Your car that you lien-free title is for must be driveable. It can be wrecked, but it must be in working condition.
  • You must have current auto insurance.
  • You will need to show us that you are 18 or older with a photo ID or driver’s license.
  • You need to fill out our application.

You can also come to your nearest Mid-South Title Loans location to get a free inspection, at any time. We will give you an idea of how much we can loan you, once we can determine your car’s value.

Your credit may go up as a result of your title loan.

Since a title loan is like any other loan, you may see an increase in your score, once it is paid off. We love hearing from our customers that a title loan has helped improve their credit score, in addition to being a saving grace during a tough financial time. It is not likely that you will see a huge increase, since our loans are short-term, but you may see a slight increase.

How a Title Loan Works at Memphis’ Mid-South Title Loans

Getting a title loan at Mid-South Title Loans is quick and simple, and it can take only 20 minutes, from start to finish. Here’s how it works:

  1. You need to fill out an application, either on our website or in-store.
  2. You’ll need to gather your insurance card, photo ID, and lien-free title to show us at the store.
  3. Drive your car over to your nearby Memphis Mid-South Title Loans location to get inspected, in order to determine the amount we can loan you between $150 and $5000.
  4. We’ll give you the offer, along with the loan’s terms and conditions. Our loans are short-term and are on a 30-day, renewable contract.
  5. If you accept the loan amount and terms, you will get the money in the form of a check, in exchange for your lien-free title. We will hold your title, until you pay the loan back in full.
  6. You can drive off with your check in hand and use it for whatever financial needs you have.
  7. Pay off your loan within 30 days or renew your contract with us.
  8. Once your loan is paid off completely, we’ll happily give you back your title, and we will be here, if you ever need short-term financial help again.

Get the Cash You Need Today with a Title Loan

All of our Mid-South Title Loans locations in Memphis, Tennessee are standing by ready to help you get the funds you need, when you need them. Come by for a free inspection! Have a question or want more information? Contact us by phone or through our website or stop by your closest Memphis area Mid-South Title Loans location today!

Proudly Serving Memphis, Tennessee & the Surrounding Area

Mid-South Title Loans proudly provides title loans to Tennessee’s Memphis and Shelby counties, including the cities of Germantown, West Memphis, Midtown, Cooper-Young, East Memphis, South Memphis, Parkway Village, Whitehaven, Berclair, Raleigh Bartlett, Southaven, and the surrounding areas.

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Are Title Loans a Way to Get Quick Cash?

Are Title Loans a Way to Get Quick Cash?

Do you have bills piling up, and you’re having trouble keeping up? Are you in need of additional funds to cover a gap in your finances?

There are so many reasons that customers come to Mid-South Title Loans in Memphis for title loans. Some customers have unforeseen medical expenses and require additional financial support. Other customers are just buried beneath bills of all shapes and sizes, and many have experienced a job loss.

No matter which reason brings you to Mid-South Title Loans in Memphis, our title loans are a great source of income, when yours has fallen short. Unlike traditional loans and lines of credit, title loans are under short-term agreements, so there is less stress involved in paying them back. In addition, our title loans are easy to obtain, and we only have a few requirements to get one.

When you’re in need of quick cash, a title loan at Mid-South Title Loans is a great option, and we have three convenient Memphis locations to serve you. Here’s why it’s a great choice for you.

Why Come to Mid-South Title Loans for Quick Cash

Our process is shorter and quicker than most other lenders.

Have you ever tried to get a loan or a line of credit from a major bank or credit union and been frustrated with the long, complicated process? You’re not the only one. When you go to banks and credit unions for additional funds, you have to wait days or weeks to get approved and get your loan or line of credit. You have to provide a laundry list of information and supporting documents, and sometimes, you don’t get approved, even after the lengthy process. What a waste of time.

When you need money now, Mid-South Title Loans has the quickest, shortest approval process in the Memphis area. Here’s how it works:

  1. Start by filling out our Online Info Sheet.
  2. Gather your photo ID or driver’s license, lien-free title, and insurance card.
  3. Drive your car that your lien-free title is for over to the nearest Mid-South Title Loans location.
  4. Let us inspect your car to find out its value, so we can decide how much money – between $150 and $5000 – we can loan you.
  5. Accept the amount that we can loan you, along with your loan’s terms and conditions. Our loans are under 30-day, renewable contracts.
  6. Provide us with your lien-free title, in exchange for your check.
  7. Drive off with your check in hand.
  8. Pay your loan back in full, and get your title back
    • If you can’t pay off your loan in 30 days, you have an option to extend and renew your contract.

You can pay your expenses off immediately.

One of the most common reasons people come to Mid-South Title Loans for a title loan is to get money loaned to them immediately. Our customers love that they can get the money they need on the same day that they need it and can get it in as little as 20 minutes.

When your credit is taking a hit after you’ve failed to meet monthly payment requirements, come to Mid-South Title Loans for money immediately. When you have collections agencies pestering you and your family to make payments that you can’t make, get help from a title loan at Mid-South Title Loans. When your home or car has an expensive repair that needs to be done now, don’t wait on a home improvement loan. Get a title loan. Even if you just need a little extra money to cover a birthday, vacation, school expenses, and beyond, you can count on us.

You won’t have trouble getting approved with low credit.

When you have low or no credit, you can run into a world of issues, in order to get approved for a loan or line of credit. Most lenders require credit checks, along with income and housing verification, as a means for your approval. Even if your credit is somewhere in between bad and good, you could lose precious time by applying to the wrong places for extra funds.

We know that your expenses need to be taken care of immediately, so we don’t require any credit or background checks, as part of our approval process. We don’t require any income verification, either. We understand that you may be in the midst of a difficult financial time, so it would be counterproductive of us to ask that of you.

There are no long-term commitments.

We want the entire process of getting a title loan to be short and quick, from filling out the application to making your final payment. We don’t want to drag you along with small monthly payments over a number of years. Many times, lines of credit and loans may seem like a helpful way out of a hard financial time, but end up being more of a burden than a blessing. By making our loans short-term, we help you get back on your feet for the long-run.

Get Started with Your Title Loan Application and Get Quick Cash at Any of Our Memphis Mid-South Title Loans Locations

Ready to get the cash you need immediately? A title loan can be the answer to your prayers. Stop by any of our Memphis, TN Mid-South Title Loans locations to get a free inspection and determine the value of your car. Have a question? We’d love to answer it. Contact us by phone, through our website, or by stopping by our store to chat with one of our friendly professionals. We look forward to helping you!

Proudly Serving Memphis, Tennessee & the Surrounding Areas

Mid-South Title Loans proudly provides title loans to car owners in Tennessee’s Memphis and Shelby counties, including Germantown, West Memphis, Midtown, Cooper-Young, East Memphis, South Memphis, Parkway Village, Whitehaven, Berclair, Raleigh Bartlett, Southaven, and the surrounding areas.

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Will I Lose Anything By Getting a Title Loan Near Me?

Will I Lose Anything By Getting a Title Loan Near Me?

Are you looking to get a title loan near Memphis, TN? Maybe you’re searching through options for loans, and you ran across the option of a title loan. If you don’t know much about title loans, we’ve got all the answers for you.

When you’re in need of funds, there are a number of options that you can turn to. You could open a line of credit with a bank or a credit union, or you could get a loan. There are many types of loans and lenders available in Memphis. At Mid-South Title Loans, we specialize in short-term loans.

There are many benefits of getting a short-term, title loan with Mid-South Title Loans. You don’t have to wait days or weeks to get the funds you need, like you may at a bank or credit union. At banks and credit unions, it is time-consuming and tedious meeting the extensive requirements and enduring the waiting period, when you need cash now to cover your expenses. Here, you can also have less-than-perfect credit. We’ll approve customers with low credit or no credit, unlike many lenders. Plus, you’ll pay your title loan back in a short amount of time, saving you time and money.

So, what about downfalls of getting a payday loan? Let’s go through some concerns of first-time title loan customers.

Common Concerns of First-Time Car Title Loan Customers

I won’t get my title back.

When you come to one of the Mid-South Title Loans locations in Memphis, TN, you know up front that your car title is an important part of the process. Just how important is it? Will we keep your title forever?

No, we won’t keep your title forever. When we approve you for a loan at Mid-South Title Loans, we give you your money in exchange for your lien-free title – temporarily. We’ll keep your title for the short period of time that it takes you to pay your loan back. Your loan will be under a 30-day, renewable contract, and you’ll have an option for an extension. We only keep your title while your loan is still active, and once it is paid off, we will immediately give you your title back, along with a thanks.

My car will be used as collateral.

Your car is not going to be used as collateral for your car title loan at Mid-South Title Loans. The only part of your car we’ll be using as collateral for your loan is your title. Your car does play a part in the process, though. We inspect your car to determine how much money we can loan you. The value of your car will affect what amount you receive, between $150 and $5000. So, it’s important to be driving your car that you title is for, when you come into the Memphis Mid-South Title Loans location near you.

I have to be in a good financial status to get a title loan.

This is certainly not true. While you may have to be in good financial standing to get other loans, a car title loan is not one of them. Our application process is unique, because neither your credit score, your financial history, nor your current job is a qualifying factor. We do not perform any credit or background checks, so if you don’t have perfect credit, we are a great place for you. We understand that you may be going through a tough financial time, and we want to do everything we can to help you through it, no matter what situation your finances are currently in.

I’ll be paying a lot of interest on my title loan.

No, you won’t. The best part about a title loan, compared to traditional loans and lines of credit, is that we don’t lock you into a long-term contract. Long-term contracts force you to pay a large amount of interest over time. Our contracts are under 30-day, renewable terms, and if you need more time to pay it off, you can. We want you to pay it off as quick as possible. We hope that the funds you receive are helpful in covering a small gap in your finances.

It will take days or weeks to get a title loan, and I need money now.

One of our customers’ favorite benefits about our title loans is that you get the money you need now, so you won’t be waiting days or weeks to get your funds. It’s what truly sets us apart from the competition. Believe it or not, you can get a title loan in as little as 20 minutes.

Our simple process works like this:

  • Fill out our online application.
  • Gather your current photo ID or driver’s license (showing you are 18 or older), your current insurance card, and your lien-free title (which is fully paid off).
  • Drive the car your lien-free title is for to the closest Memphis Mid-South Title Loans location, where we will inspect it and determine the amount we loan you.
  • Accept your loan amount and terms, in exchange for your lien-free title.
  • Pay off your loan in 30 days or extend your contract for more time.
  • Come get your title back, whenever you have paid the loan in full.

We want to make the process as simple and as quick as possible. We love being able to provide a quick and easy loan service to anyone with a lien-free title, who is in need of short-term funds. It’s our goal to help you with the money you need, when you need it most.

Find a Title Loan Near Me at Mid-South Title Loans in Memphis

Come to the quick and simple loan provider, Mid-South Title Loans, for your financial needs. We’ll get you the money you need, as soon as you need it, so that you can take care of your pressing financial needs. Have a question or want to learn more? Call us now or come into one of our convenient Memphis locations for a free car inspection. Also, feel free to contact us through our website anytime!

Proudly Serving Memphis, Tennessee & the Surrounding Areas

Mid-South Title Loans proudly provides title loans near me in Tennessee’s Memphis and Shelby counties, including the areas of Germantown, West Memphis, Midtown, Cooper-Young, East Memphis, South Memphis, Parkway Village, Whitehaven, Berclair, Raleigh Bartlett, Southaven, and the surrounding areas.

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5 Reasons to Visit One of Our Tennessee Title Loan Locations Near You

5 Reasons to Visit One of Our Tennessee Title Loan Locations Near You

Are you looking for car title loan services near me on your phone or computer, because you’re experiencing a hard financial time? A lot of people searching for car title loans near me haven’t even heard of car title loans, but saw them as an option through another search. Sometimes, people like you have gotten a car title loan before, or know of someone who has. Either way, we want to help you understand why our Tennessee title loans are beneficial to you.

Our title loans service in Tennessee is a great solution for those searching for car title loans near me that need short-term money to cover expenses that aren’t able to be met. Whether it’s because of a job loss or unexpected expenses, there are financial needs of all shapes and sizes that our customers can use our title loans for.

While our car title loans are similar to traditional loans, the title loans at Mid-South Title Loans are a better choice for many reasons.

5 Reasons to Get a Car Title Loan Me at Tennessee’s Mid-South Title Loans

1. We can get you funds as quickly as 20 minutes

Yes, we can get your funds in as quickly as 20 minutes, because we only have a few basic requirements. Our team will take care of the rest. You’ll only need to bring your:

  • Driveable vehicle - Even if it is crashed – if it is driveable, you qualify.
  • Lien-free title - This needs to be in your name and completely paid off, as well as issued in the tri-state area within 80 miles of the Mid-South Title Loans location near you.
  • Photo ID or driver’s license, showing you are 18 or older.
  • Car insurance

That’s it. Unlike many credit unions and banks who require job verifications and an extensive list of documents, our requirements are simple and easy. No need to spend time waiting for approval or having to fill out applications at multiple places. We’re a one-stop-shop who doesn’t want to keep you from getting the money you need to cover your expenses.

2. We can help you if you have bad credit or no credit

Unlike traditional Tennessee credit unions and banks, we don’t require perfect credit to get the loan you need. It is a pain to try and get loans when you don’t have perfect credit. Even if your score is decent, you can still have trouble getting approved.

We don’t care if you’ve had past credit trouble or financial struggles. Even if you just haven’t had the chance to build your credit, we can help you. We simply decide the loan amount based on the amount your car is worth. We don’t require any background or credit checks, so you don’t need to worry.

Plus, credit pulls often damage your credit, which would be the exact opposite of what we’re trying to do at Mid-South Title Loans. We want to help you through your tough financial situation and get back to a good place financially.

3. Get your financial needs taken care of now

When your finances are out of hand, due to job loss, unexpected expenses, and beyond, it can be extremely stressful, uncomfortable and tough to live with. We want you to get your financial needs taken care of as soon as possible with our title loans.

We help our Tennessee customers take care of immediate expenses and get afloat, with things like:

  • Dental and medical expenses
  • School expenses
  • Home repairs or mortgage payments
  • Tax debt
  • Car repairs
  • Holidays
  • And more!

Mid-South Title Loans’ car title loans help you no matter what you need help with. Our Tennessee customers love that they can finally get on top of the bills, which is just what they need to get back in a good place financially. The last thing they want is for bills to go to collections, or if they’re already there, they can get them taken care of immediately.

4. Our process is as simple and easy as it gets.

To get between $150 and $5000 today, all you need to do is:

  1. Fill out our online loan application
  2. Drive your vehicle to one of our three Tennessee locations near you. We will inspect the vehicle to determine the amount we can loan you, based on the worth.
  3. Provide the documents listed above.
  4. Accept the loan offer and its terms and conditions.
  5. Provide your your lien-free car title in exchange for the funds, which we will keep until your loan is paid off (in 60 days with options for extension).
  6. Drive away with your funds in hand.
  7. Repay the title loan, then get your title back, along with our thanks!

It’s a simple process that all of our Tennessee customers love, and you don’t have to worry about us taking anything from you permanently. We just keep your title for a temporary time, and it allows us to not have to do any extensive background checks or requirements. We are glad that we can offer this simple service to get you the money you need immediately.

5. We have three Memphis, Tennessee locations for your convenience.

It’s our goal to make it as easy as possible for you to get the funds you need, so we have three Mid-South Title Loans locations in the Memphis area. Whether you reside in or just outside of Memphis, we can help you get the cash you need with a title loan. Our three Mid-South Title Loans locations are at:

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

Our friendly professionals at all of our locations are available to chat with you at your convenience and answer any questions you have about getting a car title loan. We are even here to inspect your car for free, at your convenience. Just come in to the location nearest you today!

Ready to get started? Fill out your application now!

Get a Title Loan at One of Our Tennessee Mid-South Title Loans Locations

Tennessee’s Mid-South Title Loans is ready to help put an end to your financial struggle with a car title loan. Stop by one of our convenient Tennessee locations for a quick, free inspection, call us if you have any questions or contact us through our website today!

Proudly Serving Memphis, Tennessee & the Surrounding Areas

Mid-South Title Loans proudly provides title loans to car owners in Tennessee’s Memphis and Shelby County, including the areas of Germantown, West Memphis, Midtown, Cooper-Young, East Memphis, South Memphis, Parkway Village, Whitehaven, Berclair, Raleigh Bartlett, Southaven and the surrounding areas.

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When Should You Get a Title Loan in Tennessee?

When Should You Get a Title Loan in Tennessee?

When you are in need of money, you have a lot of options of where you can go to get it. You can go to a bank or a credit union and ask for a personal loan, line of credit, or something similar. You could go to a cash advance service, ask a friend or family member for help, or you could get a car title loan.

If you’ve never heard of a car title loan, you may not know if it’s right for you. Our customers find that a car title loan helps them in many different situations, and it is easier to obtain than traditional loans and lines of credit from a bank or credit union.

Whether you need money immediately to cover important expenses or you are having trouble getting a loan at a bank or credit union due to bad credit or no credit, we can help. Here’s how you know if you should get a car title loan from Mid-South Title Loans, over other traditional loan options.

When Should You Get a Car Title Loan?

1. You have bills or immediate expenses

When bills are late or in collections, it’s of utmost importance to get those taken care of. But if you don’t have the money to do that in the short-term, a car title loan at Tennessee’s Mid-South Title Loans is a great option for you.

Our customers use their car title loan for many bills and expenses, including:

  • Dental and medical bills
  • School expenses, such as books and tuition
  • Car or home repairs
  • Holidays
  • Vacation
  • And more!

It’s a great feeling getting out of a financial rut with the help of a car title loan at Mid-South Title Loans. We help you get above water for your short-term needs, then you can pay us back within 60 days, with options for extension.

2. You have less-than-perfect credit

Many families have experienced financial ruts during the recent economic crises, and therefore, have a hard time getting approved for loans or lines of credit, which can be painful if they’re in a tough situation where they need money. Even if you just haven’t had a chance to build your credit, you will have trouble with banks or credit unions accepting your application and loaning you money.

Mid-South Title Loans in Memphis, Tennessee is a great option for people with credit issues of all shapes and sizes, because we don’t require a credit check at all. We simply require your lien-free title to be used as collateral while you pay off your loan, along with a few documents beforehand.

We want to help you build your credit and get in a good place financially, and we know that hard credit pulls damage your credit. So, we are proud to be a no-credit-check loan option for our Tennessee customers.

3. You own a lien-free title

If you have a car title that is in your name and is completely paid off, or lien-free, you qualify for a title loan in Memphis’ Mid-South Title Loans, as long as it’s been issued within 80 miles of your nearest Mid-South Title Loans location.

In addition to needing a lien-free title, you’ll need to fill out our application and provide a few simple, basic documents to our location when you come to get your money, like:

  • A valid photo ID or driver’s license, showing you are 18 or older
  • Your current car insurance

In addition, you’ll need to drive the car with your lien-free title to the Memphis, Tennessee Mid-South Title Loans location near you to get evaluated. We will use this to determine how much we can loan you, which will be based on how much your car is worth. We will offer you between $150 and $5000. Then, your lien-free title will be used as collateral, until you pay back your loan in full.

4. You need money now

When you need money immediately, you can’t wait weeks to get approved by banks or credit unions. Our process at Mid-South Title Loans is simple and easy, and it can take as little as 20 minutes from start to finish. It’s truly what sets us apart from other lenders.

Here’s how our quick and simple process works:

  • You fill out our application
  • You bring in the required documents (mentioned above), while driving the car your title is for
  • We inspect your car to determine your loan amount, then make you an offer
  • You accept the loan amount and terms, in exchange for us temporarily keeping your car title
  • You pay off the loan (usually in 60 days, but can be extended) and get your title back from us, plus a thanks!

Ready to get the funds you need with a car title loan today? Complete your online application or bring in your car now to get a free evaluation at your nearest Memphis Tennessee location!

Come to One of Our Three Memphis, TN Locations for Your Car Title Loan

It’s quick and easy to get the funds you need now with any of our convenient Memphis, Tennessee locations. Have a question that we can answer? Contact us through our website or call one of our locations below to talk to one of our friendly customer service professionals!

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

Proudly Serving Memphis, Tennessee & the Surrounding Area

Mid-South Title Loans proudly provides title loans to car owners in Memphis, Tennessee and Shelby County, including Germantown, West Memphis, Midtown, Cooper-Young, East Memphis, South Memphis, Parkway Village, Whitehaven, Berclair, Raleigh Bartlett, Southaven and the surrounding areas.

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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