7 Best Car Title Loans with No Income Verification in Washington State

A car title loan is a type of loan that requires the borrower to use their car as collateral for a loan, and there are 2 main types of loans: unsecured loans and secured loans.

Unsecured loans are a type of loan that does not require you, the borrower, to put up collateral for the loan. These loans are less risky for borrowers and riskier for lenders. 

Secured loans are the type of loans that require the borrower to put something up for collateral.

Common secured loans are mortgages and car loans, requiring the borrower to use their house or car as collateral.

If the borrower fails to pay back the loan, the lender can take what the borrower put up for collateral, like a house or a car. Secured loans are less risky for lenders and riskier for borrowers.

On the other hand, A title loan is a secured loan in that borrowers temporarily give up the title of their car in exchange for the cash from the loan.

The borrower gets the car title back when the loan has been paid off. If the borrower fails to pay back their car title loan, a traditional lender can take the title of the car from the borrower, which means the borrower loses their car.

Unfortunately, these loans are difficult to pay back, which causes many people/borrowers to forfeit their cars. 

car title loans with no income verification
Photo credit: Revenues & Profits

Risks Involved in Car Title Loans

Car title loans are risky for borrowers. Cars are often essential parts of our lives; we rely on them to go to work, get groceries, and get anywhere. Living without one might be extremely difficult and burdensome if you rely on your car. 

Car title loans may not give you more money than your car is worth, but they might require you to give up your car title.

Think about it; you get a $2,500 car title loan, but your car is worth $5,000. If you fail to pay back your loan, you not only lose your car, but you have forfeited about $2,500 in value as well. 

Often, car title loans are expensive and must be paid back in a relatively short period, and it makes paying these loans challenging.

You will lose your vehicle if you can’t pay back one of these problematic loans. As you can see, car title loans can be extremely dangerous and challenging and pose a huge risk for any borrower wanting to get one. 

How to Get a Car Title Loan With No Proof of Income

Having proof of income can be difficult. For one, you may not have a job that provides you with a steady source of income.

You may be an independent contractor or a gig-economy worker who gets paid in irregular intervals and very different amounts. If this rings true, you might get your loan application denied even if you are making money. 

If you do not have proof of a source of income or your lender does not approve your source of income, you will need to show your lender that you are trustworthy in other ways so that they will not deny your loan application. Here are some of the best ways to do that:

  • Pay Stubs 

If you have a job, but your lender doesn’t accept it as a source of income, you may need to provide your pay stubs from the job.

Showing these to your lender will show that you are getting paid and making enough money to pay off the loan. It does not apply to you much if you do not have a job. 

  • Bank Statements

Borrowers’ bank statement shows essential information about their bank accounts status, such as the balance and any money coming in and out of the account.

If you have a bank account with a steady flow of cash, few expenses, and a healthy balance, your lender may be happy about this and approve your loan. 

  • Credit History

If you have a long history of successfully making payments on all your loans and credit cards, your credit history will show this. If you have a good credit history, it will look perfect in the eyes of the lenders.

It will show them you have an account for making payments and can be trusted to make payments on the car title loan.

If this is the case, borrowers can provide their credit history to the lenders to show that they can be trusted with a car title loan. 

  • Utility and Rent Payments

Showing your lender a history of your rent and utility payments can be a great way to show that you can be trusted to make payments.

By showing your lender a lengthy history of payments made in full and on time, you can show them that their money will be paid back in full and on time. 


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List of the 7 Best Car Title Loans with No Income Verification in Washington State

  • Montana Capital Car Title Loan
  • Checkmate 
  • Get Auto Title Loans Seattle WA
  • Possible Finance
  • United Finance
  • Car Title Loan 123
  • LoanCenter


Can I Get a Title Loan in Washington State?

You can get title loans in Washington, which are perfectly legal. To qualify for this loan, you must have a lien-free title and be a resident of Washington State. 

Are Car Title Loans Legal in Washington State?

Title loans are illegal in many places because of their lump-sum repayments, short terms, and the excessively high APR that leads to steep consequences. However, in Washington, title loans are legal.

What’s the Smallest Title Loan you can get?

Car title loans range from $100 to $5,500, equal to 25% to 50% of the car’s value. The loan term is short, usually just 15 or 30 days.

How do you Get Around a Title Loan?

Ask for a lower monthly payment, lower interest rate, a longer loan term, or a combination of all 3. Ensure that you can afford the new terms and get all details in writing.

How do you Put a Lien on a Car in Washington State?

Determine if you have the right to file a lien, Prepare the lien document, File the lien, send notice of lien, Secure payment, and release the lien.

How can I Hide my Car from Repossessions?

Remove the GPS tracking device inside the car, lock it in your garage, or exchange it with a friend.

How Long Does it Take to Get a Quick Title in Washington?

A Quick Title is a certificate of ownership for a boat or vehicle, and you can get it immediately. It’s much quicker than a standard title, which can take several weeks to arrive in the mail.

Is Washington a Non-Title Holding State?

There are only 9 title-holding states: Minnesota, New York, Oklahoma, Kentucky, Maryland, Michigan, Missouri, Montana, and Wisconsin. In the remaining 41 states, titles are issued to the vehicle’s lien holder until the loan is fully paid off.

Can I Sell my Car Without a Title?

Washington states require a title to sell a car.

Watch the video below to know the best car title loans with no income verification:

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