How to get a title loan without the car?

How to get a title loan without the car?

A title loan is a secured loan, which means your asset’s title, most commonly a car, is used as collateral for the loan. This makes the car a very significant part of the online title loan transaction.


A title loan is a secured loan, which means your asset’s title, most commonly a car, is used as collateral for the loan. This makes the car a very significant part of the online title loan transaction.

A car title loan allows you to borrow instant money against the current equity in your car. As a result, one of the critical title loan requirements is the car. 

That said, you can still get a car title loan without the car. In fact, several online car title loans can be completed without a physical car inspection. That means you don’t necessarily have to bring your vehicle to the lender. Instead, vehicle pictures can be used to verify its condition. 

To get one of these loans, you’ll need to meet some specific requirements. But first, what is car title loan?

What is a title loan?

 A title loan is a type of loan designed to help you get through a financial emergency. If you’re an eligible title loan borrower, you can utilize your asset’s equity (most commonly a car). By this, you can gain the funds you need by offering your car’s title as collateral to your lender. In case of default, the lender has a legal right to possess your vehicle. However, there are a few legal ways to get out of a title loan without losing your car

How to get a Title Loan without the Car?

The question we often get asked is, “Is it possible to get a title loan without bringing in the car?”

Yes, it is possible to get a car title loan without the car as long as you satisfy the following conditions:

1. Own the car

2. Have a lien-free title

3. Have access to the car

Therefore, if you own the vehicle and have access to it, you need to apply for a completely online title. There are many types of car title loans online that don’t require the lender to see the car in person.  

Online Title Loans without Vehicle Inspection

Some online car title loans do not require a vehicle inspection and therefore don’t need your car to be physically present. Instead of an in-person assessment, the lender will ask your vehicle’s pictures to perform a virtual appraisal and assess its value. 

However, you’ll need access to the car to take these pictures. The lender will also check your car history. So, if you haven’t checked your vehicle’s history recently, now is a good time to do so. 

Providing Required Information

Once you apply online, your lender will probably ask for additional information about your car. As you’re getting the online title loan without the car, the lender needs to know enough information to provide an accurate vehicle value. 

The pictures and additional information allow your lender to complete a virtual appraisal. If you know how a car title loan works, you would likely know that car title loan amounts are based on the car value. So they need to perform an appraisal. 

However, this makes assessing the value of the vehicle a little more complicated. Therefore, you must provide all the necessary information to your lender and have valid reasons for not showing the car to qualify for a car title loan. 

Write a Comment