Fast approval loans may be an excellent short-term solution to a big financial problem. Since they are given in varying amounts – usually within 24 hours – you could have access to the cash you need by the end of the day.

Applying for fast approval loans at New Mexico Title Loans, Inc. is much simpler than qualifying for a traditional bank loan and can be done in 4 simple steps. Take a look below to find out exactly what those steps are.

Tips For Applying For Fast Approval Loans

1. Determine How Much You Need

Before applying for fast approval loans, you should determine how much money you truly need. Fast approval loans are best used as a short-term solution for a large financial emergency costing anywhere from $100 to thousands of dollars.

You may benefit from a smaller fast approval loan, such as an installment loan if you need to pay an overdue electricity, gas, or water bill that is threatening to cut off your service.

If you need a larger loan, fast approval car title loans may be best, especially if you need to repair a damaged home, water heater, or vehicle that you use every day.

2. Consider The Loan Requirements

Different fast approval loans have different requirements. At New Mexico Title Loans, Inc., we keep our requirements short and simple so that more people have access to money when they need it. Unlike traditional lenders like banks and credit unions, we don’t require good or excellent credit to apply.

3. Apply Online

Once you’ve pinpointed which of the fast approval loans suits you best, it’s time to fill out the quick inquiry form to begin your request. This form will help one of our representatives get in touch with you by phone to discuss the next steps in the loan process.

For both title and installment loans, a representative will reach out to you shortly after submitting the inquiry form. They’ll answer any questions you have and get more information about what type of loan you’re looking for.

4. Meet With A Loan Representative

Requests for online title loans can be done from the comfort of your home. No store visit is required! Simply submit the online title loan form to speak with a loan representative and set up a place to meet. You can choose a location convenient to you, like your home or office. At that time, you will show the representative your documents and present your car for an inspection. You will then find out if you are approved and how much you qualify for. If you are happy with the amount offered, sign the agreement to receive your money that same day or the following business day.

If you are requesting an installment loan, you’ll have to head to the nearest New Mexico Title Loans, Inc. location to have your documents reviewed. The review process can take as little as 30 minutes.

Once the representative checks over everything, you’ll find out what loan amount you qualify for. If approved, you’ll get your cash by the end of that same day or the next.

Can I Get A Fast Approval Loan With Bad Credit?

New Mexico Title Loans, Inc. encourages those of all financial backgrounds to apply. We are committed to getting loans to those who need them, regardless of their credit history.

Why Get A Fast Approval Loan?

Fast approval loans can get a lump sum of money into your bank account within 24 hours or less. If you have to travel for an emergency, pay an urgent medical or utility bill, or complete grave home or car repairs, this could be the short-term solution you’ve been looking for.

What Is the Easiest Loan To Get Approved For?

New Mexico Title Loans, Inc. offers many fast approval loans, including online title loans and installment loans. Title loans are best for those who need more cash and have a car to use as collateral, whereas installment loans may be better for someone who is employed and urgently needs a smaller amount of cash.

Title Loans

Online title loans from New Mexico Title Loans, Inc. use your car as collateral during the life of the loan; although you do get to keep your car during the loan so long as you adhere to the repayment schedule. These loans are given from $300 up to $10,000, depending on your needs and the state of the vehicle.

To apply for a title loan, you’ll need a state-issued I.D., your car’s lien-free title, and your car for a quick inspection. If you have paid off your car and don’t have the lien-free title in your possession, head to your nearest Department of Motor Vehicles to get an updated title copy.

You don’t need to leave your home to apply for online title loans, you can use your car as normal during repayment, and don’t need to show proof of full-time employment to qualify.

Installment Loans

New Mexico Title Loans, Inc. installment loans are given in smaller increments up to $1,250. You’ll need a state-issued I.D., your latest pay stub as proof of income, and an open checking account in your name to apply.

Get Your Fast Approval Loan Today

Online title loans are some of the best fast approval loans, and you could find them for up to $10,000 at New Mexico Title Loans, Inc. Fill out the inquiry form today to be contacted by one of our reps who will walk you through our loan process.

It’s time to secure the money you need now! So, why wait? When you can handle your financial emergency as soon as today!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.