Here are our customers’ frequently asked questions. If you do not see your question here, feel free to give us a call at (855) 211-5880 and we’ll answer your questions over the phone.
What is a car title loan?
A car title loan is a short-term loan that is based off of the value of your vehicle. Qik Car Title Loans creates an opportunity for you to borrow against the value of your car. Car title loans are often referred to as pink slip loans, title loans, or auto title loans.
How much can I get for a loan?
Your loan amount relies on the market value of your car. Our loan officers will be able to provide a quick quote for you on the phone. This quote is available to you free of charge. Go ahead and give us a call today to see how much you can get!
How do car title loans work?
Car title loans give car owners the opportunity to borrow a loan using the value of their car. The car serves as collateral for your loan since the loan is not based on your credit. This gives more flexibility for who can qualify for a loan. If your car carries enough value, you’ll be able to get a loan up to that amount.
When a person takes out a car title loan, the borrower will have to transfer their car title under the lender’s name, but the title will be transferred back under the borrower’s name when the loan is paid off. If the borrower is unable to pay off the loan and defaults, the car will stay under the lender’s name until the loan is paid in full.
Can I still apply if I have no credit?
Having bad credit or no credit will not be a problem when applying for a car title loan. Since the loan is not based on your credit score, you can still qualify for a car title loan if your car carries enough value.
Do I need to drive to your office?
No, Qik Car Title Loans can handle your loan process entirely online. This is one of the main reasons why loan approval is fast, easy, and convenient. We cut out any unnecessary steps, so applying online and calling us will save you a lot of time. You can get your money faster this way.
Will I be able to drive my car?
Absolutely, you’ll get to keep your car and drive it. Even though the title is now under the lender’s name, you’ll still be able to use your car for whatever you need. The title will be transferred back under your name when you pay off the loan.
What if I’ve filed for bankruptcy?
If you’ve filed for bankruptcy, Qik Car Title Loans can still help you get the loan you need. Your loan approval is not based on your financial history. Instead, if your car carries enough value, you can still qualify for a loan with us.This is why Qik Car Title Loans is one of the best resources to help you when you’re hitting tough financial times.
Is there a minimum or maximum loan amount?
Minimum and maximum loan amounts will vary according to your state laws. Call us or apply online to find out right away how much your car qualifies for and how much you can get for your loan.
Would I be able to take out a second car title loan?
If you have an existing car title loan with Qik Car TItle Loans, you’ll be able to get a second car title loan as soon as you pay off the first loan.
Can a car title loan help my credit score?
Yes! If you make your payments on time and in the right amount, a car title loan can help you build your credit score! This is Qik Car Title Loans is the best option for those who need money but also need help rebuilding their credit. QIk Car Title Loans reports your payments to the three large credit bureaus, Experian, Transunion, and Equifax.