Peter Smith

You need not wait for financial hardship hits you badly before you seek a way out. Why remain in financial distress when you can easily secure small loans? If you are living in Miami and struggling with debts or unexpected bills, then you should start considering getting auto title loans Miami. 

One of the best options available for people in need of quick cash to settle some expenses is Miami Auto title loans. These loans are not difficult to get like many people think, but it is important you know how to go about it. 

If you are seeking financial liquidity through Miami Auto Title Loans, it means you want to borrow some amount of the equity of your car. This loan is quite simple, it is a type you obtain using your car as collateral. 

However, one of the frequently asked questions about title loans Miami is what documents are needed to obtain the loan. This is also very simple, the most important document you need is the title of your car, this is what shows that you are the legal owner of the car and can borrow off its equity. 

In addition to this document, many auto title loans Miami agents often require additional documents from borrowers, they include the following; 

1. A Valid Identity Card: If you live in Miami, this should not be strange to you, you need a valid ID for any kind of formal activity you want to engage in. A valid government-issued ID is a prerequisite for securing Miami auto title loans. This could be a driver’s license, your passport, or any other ID issued by the Miami state.


2. Car Title: After a valid ID, what title loans Miami lenders will require from you is a car title that qualifies you as the owner of the car. The name on the title must be in tandem with that on the Valid ID, else, your loan request will be declined. It is also important that you do not have any encumbrances such as a lien on your car title.

3. Proof of Residency: No title loans Miami agent will offer loans to strangers or individuals who are not resident in Miami. You need to prove that you are a legal resident of the state, such proof includes utility bills, identity cards, voter’s card, and others.

4. Proof of income: You need a proof of income as a guarantee that you will pay back the title loans Miami before you can obtain one. Your proof of income may be your account statement or a bank statement. 

Other documents you need are references and photographs of your car.