Auto Title Loans in Chicago, IL
Chicago, IL, is a diverse environment that’s home to Fortune 500 companies, sporting events, and entertainment. It’s also a city that has a robust economy and a colorful history. Unfortunately, being a resident of the Windy City doesn’t shelter you from emergencies and unpredictable expenses. When you’re hit with an urgent situation such as damage to your home or an unexpected medical bill, the cost may be more than what your budget can handle. If this happens, you may need to borrow money from an outside source; however, for many, getting those funds can be complicated. If you are short on time, have credit issues, or aren’t sure if your credit is good enough for other types of loans, you might start to feel overwhelmed and disheartened. Fortunately, we’re here to help with competitive title loans in Chicago!
Why Choose TitleMax for Car Title Loans in Chicago, IL?
TitleMax is one of the largest title lending companies in the U.S., trusted by thousands of people each day who need financial assistance in Chicago. Title loans from TitleMax offer competitive rates and a way for people with imperfect credit scores to get the cash they need when a financial emergency strikes.
With our car title loans, Chicago residents who drive can use the value of their vehicle as collateral. And we offer loans for other types of vehicles, too, not just cars: If you have a truck or an SUV, we can help you. If you own a motorcycle, we can help you, too. Once you are approved for a title loan, we’ll put a lien on your title until you’ve paid off the loan in full. Although your title is being used as collateral, your vehicle will stay in your possession so that you can continue driving it to work or wherever you need to go in Chicago. Title loans from TitleMax can also be paid off early without fear of penalties.
People interested in TitleMax car title loans in Chicago will find that our application process is quick and simple to complete. There’s no need to stand in long lines at the bank to get started: In fact, you can conveniently begin our online application anytime from anywhere. And since we have numerous locations for auto title loans in Chicago and its suburbs, it’s easy to find us in person, too.
Title Loan Eligibility Requirements
There are a few basic requirements that you’ll need to meet to qualify for title loans. Chicago residents must be 18 years old and have a valid government-issued ID. The vehicle that you are using to secure the loan must have a lien-free title, and the title must be in your name. When you’re getting a title loan in Chicago, you must also be able to show proof that you have some form of income. This shows us that you have the means to pay back your title loan. Although you must show proof of income, being unemployed does not automatically render you ineligible for a title loan: We accept unemployment checks, retirement benefits, or disability payments as income when you apply for vehicle title loans. Chicago residents can start the application process online, and get the money they need as quickly as the same day.
Bring the required information and your vehicle to the nearest TitleMax location and we’ll appraise your vehicle and have you sign the necessary paperwork so that you can get the money that you need. Car title loans in Chicago, and in Illinois in general, have a maximum amount of $4,000, and the amount you’re approved for will be based on several factors, including the appraised value of your vehicle.
Visit a Chicago TitleMax Near You!
Don’t let the stress of unexpected bills get you down. When you and your family need help, turn to TitleMax for top-notch service from highly trained and knowledgeable representatives. We’ll work with you to answer any questions that you may have as we assist you in getting your title loan. Don’t wait: Apply for the best title loans in Chicago today!