Where Can I Get a $1000 Loan With Bad Credit?
May 14, 2021 | June Mckaig
If you’ve ever faced an unexpected and unaccounted-for financial problem, you know how much of a lifesaver an extra $1000 in your bank account could be. Especially, if you’ve got bad credit and your chances of getting a personal loan with a bank or a credit union are slim to none.
Well, luckily, you don’t need a bank or a credit union. You could get a $1000 loan – bad credit or not. You could even get more if you need the cash. With Utah Title Loans, you could get all the way up to $15,000 with bad credit or no credit at all.
All it will take are a phone, a decent internet connection, a car that you own, and a little bit of your time. The best part is you don’t even have to come into the store if you’d rather not; we can come to a location of your choosing.
How Is It Possible To Get A $1000 Loan Bad Credit?
Getting a $1000 loan, bad credit notwithstanding, might seem like a mean joke if you know nothing about short-term fast loans. It’s true, however. We here at Utah Title Loans are open to all credit types – good, bad, nonexistent altogether – for all our loans – title loans, payday loans, signature installment loans.
Our title loans, however, allow you to qualify even if you are unemployed. These loans use your vehicle’s title as collateral, so you can qualify even if you happen to be without a job.
You must make sure that you fully own your vehicle and that the title is in your name. If those two things are not the case, you need to head to the DMV to make sure you make the necessary changes. Your title also has to be lien-free.
So as long as you meet the qualifications and have the required items with you, you can still have a shot at getting a $1000 loan bad credit or not.
Note: Keep in mind that with our title loans, the amount is determined based on the value of your vehicle, so you may qualify for less or more than $1000.
What Do I Need To Qualify For A $1000 Loan Bad Credit?
So what are the required items? We don’t require you to bring in a long list of things. We only ask that you bring in three items.
To put it short – to qualify for the title, you need to provide the loan representative with documents that prove you’re of legal age and outright own your car. Here’s what you’ll need:
- A driver’s license or state-issued photo ID. We need to make sure you are of legal age and will not take your words for face value, so you must provide us with a valid document to verify your identity and your age.
- Your car for inspection. As mentioned above, your title will be acting as collateral for the title loan. But while we hold onto your title, your vehicle’s value determines the maximum loan amount you qualify for.
- Your car’s lien-free title in your name. The title you use as collateral will need to be in your name and lien-free. Lien-free means that it is free of any outstanding liens or judgments. If the title is not lien-free or in your name, you will have to get that fixed at the DMV.
Will My Credit Get Worse If I Apply For Title Loans?
As I said earlier, you can still apply for a title loan even if you have bad or nonexistent credit. But what is even better, your title loan will not negatively impact your credit. Utah Title Loans doesn’t report its credit information to any credit bureaus, so the loan won’t affect your credit history whatsoever.
Can I Get That $1000 Loan Bad Credit While I’m Unemployed?
You can even get a title loan if you happen to not have any employment. Being employed isn’t a requirement to qualify for the title loan.
Since we use your vehicle’s title as collateral, you do not need to show proof of employment when you apply for a title loan. Of course, you must have a steady way to pay for the loan on time. If you cannot handle that, you should definitely look for other financial help.
How To Apply For A Title Loan Near Me!
As mentioned at the beginning of this article – you can easily begin the loan process online! To apply, you’ll need to fill out and submit the online form for title loans on our website. The loan representative from your nearest location will contact you with further instructions and schedule an appointment for you.
You can either have the loan representative meet you at a location of your choice or come to the store. Utah Title Loans has multiple locations across the state and you can use the store locator on the site to find the one nearest you.
You’ll need to take the required items – your photo ID or driver’s license, the car, the car’s lien-free title in your name – to the appointment with the loan representative. The representative will conduct a quick inspection of the car, as well as examine the documents to determine if you qualify for the loan and for how much.
If we decide to approve you for the loan, you’ll finish up with the paperwork right then and there, and get the cash either on the same day or the next bank business day. All in all, it should take less than an hour for you to possibly get the $1000 loan. In fact, it could take as little as just 30 minutes.
If you need $1000 to handle your emergency expenses, you do not have to worry. You could possibly get a $1000 loan, bad credit or not. Fill out the form online or give us a call to get started on the process.