With the high costs of medical bills, car repairs, home appliance replacements, and many other common expenses, one sudden financial hardship can put you in debt. If you aren’t able to pay your bills, you could rack up late fees and end up with a much lower credit score. These consequences make it imperative that you find a solution to your troubles as quickly as possible, and one popular option among consumers is title loans Woodstock.
When you get a title loan, the application process is very fast, approval rates are high, and you don’t need to go through a credit check. At Marroquin Title Loans, we decided to make that application process even more convenient by setting up our own efficient online application for title loans Woodstock. You’ll find that application right here on our site, and it takes under 30 seconds to complete. Just go over to the application form and fill in the following information about the car that you’re planning to use as collateral on your title loan:
Once you’ve clicked Submit, we can preapprove you for your loan and calculate your car’s current market value, which helps us come up with your free car title loan estimate, which is contingent on the car’s condition. We’re also going to have one of our Marroquin Title Loans representatives follow up with you at their earliest convenience to answer any of your questions about title loans.
What about the documents you’ll need to obtain a title loan? The first thing we need to see when you come in is your government-issued ID, because federal law requires all title loan applicants to be at least 18 years of age or older. State law stipulates that your title loan payments can’t be more than 50 percent of your gross income every month, so we’ll also need to see proof of income, such as a paystub or bank statements. We’ll check your car to see what type of condition it’s in, and before we can issue the loan, we need to get your car title from you. As soon as your loan is paid off, you get the title back.
It’s a common source of frustration, particularly when you’re trying to get a loan right away – pulling up listings for loans in other towns or cities when you’re looking for a car title loan in Woodstock. Fortunately, you don’t need to worry about that when you come to Marroquin Title Loans, because we made sure our office was located in Woodstock for the convenience of our customers. It doesn’t take long to reach us whether you use surface streets or the freeways to get here, and you’ll be able to spot our sign when you get close. There’s no shortage of parking nearby, so you won’t need to walk far.
A Marroquin Title Loans representative will give you the required loan paperwork when you get here, and that’s also a good time to tell them if you went online and got preapproved through our online application. Once you finish the paperwork, we’ll look up your car in a vehicle value guide and then briefly inspect it. After that, we just need to get your car title from you and we can issue you the title loan. How long will it all take? If we’re not too busy with customers when you come in, we can probably have you in and out within 30 minutes, and you’ll be heading out with cash in your pocket.