Cash Loan for Car Title is another name for a short term loan that uses your car as collateral.  Remember, this is not an auto loan.  It is also not a bad credit used car loan, or a low interest car loan.  By taking a loan like this, you are receiving cash to help with unexpected expenses, while using your vehicle title as collateral on the loan.  Because of this fact, you need to understand that these types of loan are very risky. 

If you are interested in this type of short term loan, you will want to begin by looking at the Kelley Blue Book price listing for your car to determine the value of your vehicle.  You want to take your time researching this, because you want to be sure that the lender is going to give you a fair deal on your loan.  The lender is most likely going to look at your car and inspect it before the loan is finalized.  You will want to know if your potential lender is going to do an inspection, so you can be prepared for questions.  You might also want to have any receipts for repairs that have been done on the car.  After researching these types of lenders, and finding the one you feel is the best, you are going to want to gather up some important information to begin the application process.
 
Most car title loans do not require a lot of information, but here is a small list of what you will most likely need:

• Verification of active checking account
• Proof of employment
• Valid and clear title to the vehicle
• Proof of current insurance on the vehicle
• Proof of a residence of at least the last six months 

Important key points to remember:

• This loan is generally not for an amount that is anywhere close to the cost of the vehicle.
• The loan usually needs to be paid off in a short amount of time.  Therefore, you may want to feel very confident that you can raise the money to pay the loan off.
• If you cannot pay the loan off on time, you will lose your car.
• The interest rates on these loans are generally significantly higher than the interest rates on auto loans, or other loans that are available.
• You need to be sure that you can make all payments on time (if not early).
• Be sure to ask for an extension on your payments if you are not able to make the payment on time.  This is one of the most important things you can do, because you do not want to lose your car.

Cash loans for car title can be very risky but if you are willing to take your time, do your research, and ask important questions, they can be very beneficial in times of need.