When the need for extra cash in your budget arises, you're probably familiar with the many loan options that are available to you. There are few options, however, that will allow you access to the money you need to handle your unexpected cost without a solid credit score under your belt. With the high number of people living each month paycheck-to-paycheck, having a credit score that will allow you access to these types of loans can be difficult, if not impossible. If you find yourself in a financial bind and you have a low credit score, title loans are an option offering in Chicago that can help you out of your situation.

Title loans are a short-term loan option that offers you access to cash without a great credit score. They work by you offering the title to your vehicle as collateral to access the funds. Because of this, your credit score isn't taken into consideration. If you find yourself in a financial bind, whether you live in Chicago or are traveling through the area, title loans are an option that can help you gain control over your financial situation. Here's what applying and getting approved for a title loan in Chicago, IL looks like and how easy the process is!

Applying Online

Now that you've identified your need for extra cash, you can navigate to the Illinois Title Loans, Inc. website where you can begin the first step of the process – filling out the online application. To begin, you'll be prompted to fill out your contact information as well as some basic information about your vehicle. This can be completed in as little as 30 minutes. Once you're done and you submit your online application, a representative will contact you from your nearest store location to set up a meeting. Serving three different locations in the greater Chicago area, we make sure you're never far away from financial assistance.

How to Prepare for Your Meeting

During your phone call with the representative, you'll have the chance to schedule a meeting at the time and on the day of your choosing. During your meeting, you'll be required to provide a few pieces of information that will help the representative determine how much money you'll receive on your title loan. Here's everything you'll need to provide:

• Your vehicle
• The lien-free title to your vehicle
• A valid driver's license or state-issued I.D.

Once this information is recorded, your representative will perform a basic inspection of your vehicle where they'll take note of the condition, the year, and the model. Once this information is collected, the representative will determine how much you'll receive. Depending on your car, you can receive up to $4,000! Because title loans use your car as collateral to determine the amount on your loan, your credit score won't be considered. We won't even run a credit check and we'll focus on what really matters: you and your need for fast money.

Your Title Loan

After you accept the offer from your representative, the funds will be deposited directly into a checking account in your name. This can happen in as little as a few hours, which means you can have access to your title loan on the same day that you start your application. It's a common misconception that you'll have to relinquish the use of your vehicle for the duration of your title loan, but this couldn't be farther from the truth. Once approved, you'll retain ownership and you'll be able to use your vehicle as you normally would, driving it to the work, the store, and anywhere else you might normally go.

Our title loans are easy to obtain and provide minimal disruption to your life. We've created a process that is streamlined for your convenience, a process that is quick and allows you access to emergency funds so that you never have to worry about paying bills or handling extra monthly expenses.

Traditional loans that are acquired through a bank have long processes that are often filled with long deliberation periods, Illinois Title Loans, Inc. is different. We offer a hassle-free way to obtain emergency money when you need it most. Stop searching for title loans in Chicago, IL. Start your application now!

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