Car Title Loan Process
The first step in obtaining a car title loan in Oahu is to find out how much you car borrow. The amount of cash we can lend is based on the equity available in your car. We can lend anywhere from $500 to $10,000. The repayment terms are the same no matter how much the you borrow. Once the loan amount is approved on your vehicle, our loan agents will go over the payment plan and answer any other questions you have.
The documents we need to see for a car title loan are:
- Driver's License
- Utility Bill
- Spare Key (if you have one)
Once all the information has been entered for your application, it will go to our underwriting department for approval. Once approved, they will send us the loan contract. This normally takes under 1 hour. During this process the approval department is checking that:
- No liens exist on title
- You are the registered owner
- Your identity
Car Title Loan Honolulu is NOT checking:
- Your credit history
- If you have filed for bankruptcy
Once the loans is approved, you will come into our Honolulu office with copies of all your documents. Once the loan contract is signed and the final process is completed, we will deposit cash directly into your bank account!