can u get an auto title loan if your still paying off your car?
2007-07-20 22:01:43 · 4 answers · asked by m k 1 in Cars & Transportation ➔ Insurance & Registration
Certainly if the auto title loan company is willing to loan you enough to pay off the existing loan on your car AND there are enough funds left over to satisfy your needs it can be done.
Example: you owe $1000 on your 2000 Toyota Camry. Additionally you need a $1000 loan. The auto title loan company will typically loan a maximum of $3000 on this vehicle with 60,000 miles in average condition.
Thus, they will pay off your vehicle and loan you the $1000 you require.
This happens every day throughout the USA :)
2007-07-22 16:10:06 · answer #1 · answered by Jer Jer 2 · 0⤊ 0⤋
1
2016-09-27 21:14:53 · answer #2 · answered by Andrew 3 · 0⤊ 0⤋
Yes, there are auto title loan companies that lend you the money, as long as you are close to paying off your car.
2015-06-29 07:11:18 · answer #3 · answered by Miguel 1 · 0⤊ 0⤋
Yes. As long as you can provide any proof that the car is yours.
For title loan Montgomery, AL and throughout Michigan, Virginia, South Carolina, Tennessee, Alabama, Mississippi, Louisiana, and Oklahoma, see http://www.approvedcashadvance.com .
2015-03-07 04:22:13 · answer #4 · answered by Invictus 7 · 0⤊ 0⤋
Nope. You must have a clear title.
2007-07-20 22:06:31 · answer #5 · answered by Bostonian In MO 7 · 0⤊ 0⤋