Get Illinois Title Loans Completely Online

Other options to get quick financing in Illinois

• Short-Term Payday Loans for Illinois residents that need instant emergency financing of a small amount.
• Unsecured long-term Installment Loans up to $5,000 available for both bad and good credit scores.
• Bad credit Personal Loans up to $35,000 with no collateral required.

Illinois Title Loans: What Should I Know?

First of all, you should know that a Title Loan is a simple secured type of financing that provides borrowers with almost any type of credit the chance to apply and receive financing for their needs. Your title will be collateral for the loan, so you will have to hand it over to the lender until the debt is fully paid off. You will be able to get your title back when you pay off the debt with interest in accordance with the terms of the contract. Since the loan is secured by collateral, almost any borrower can apply and receive financing.
Most often, the Title Loan is short-term and you will have to pay off the debt on the day of your next salary. However, now there are also lenders who provide Installment Title Loans. Explore the options and choose the one that suits you best.

How Can I Get a Title Loan In Illinois?

Now obtaining a Title Loan has become as easy as possible. In Illinois, you can apply both online and at the lender’s store, however the easiest option is to apply online. This way, you don’t have to drive to the lender’s store, go through physical inspections, and fill out a lot of paperwork!
So, first of all, you will need to visit the lender’s website and click on the “apply online” button on the main page of the site. There you will need to provide basic data about yourself and your car. If you choose a fully online application, you will also need to provide good quality recent photographs of your vehicle. Since you will not be going through a physical inspection, the lender needs these photographs so that he can assess the condition of the car and provide you with a loan. If you are approved, the lender will contact you to discuss loan terms and debt repayment.
Once you hand over your vehicle title to the lender and sign a loan agreement, you can get money directly into your bank account! As a rule, the entire process from filling out an application to receiving funding takes about one business day.

Can I Get An Illinois Title Loan With Bad Credit?

Many borrowers in Illinois believe that they cannot get financing with bad credit, but this is not true. Since the Title Loan is secured, lenders have some kind of guarantee that the debt will be paid on time, which is why they often do not ask for a credit check at all. The most important factor affecting approval is income.
Thus, if you meet the eligibility criteria, you can get an Illinois Title Loan even with a bad credit history.

What Are The Eligibility Criteria For An Illinois Title Loan?

In order to obtain a Title Loan in Illinois, you need to review the basic eligibility criteria of the selected lender and make sure you are eligible. Pay attention to the main ones:

• Be a US citizen or official resident
• Be at least 18 years of age or older
• Have a regular monthly source of income
• Have a government issued ID
• Provide an active bank account
• Provide phone and email

Also, you will also need to provide some documents for the car:

• Current vehicle registration
• Proof of residency matching the name on the title
• Vehicle insurance proof
• Original vehicle title with solo ownership
• Government issued identification matching the name on the title