Getting a title loan with Lake Title is quick and easy! In order for us to approve your title loan request, you will need to bring in your title, or registration if you have an electronic title, proof of residency, proof of income, a valid photo ID and drive your vehicle here. If you need assistance printing your proof of residency or proof of income, you are able to email the documents over to us before your appointment or while you are in the office and one of our representatives will be happy to print them off for you. You will have a representative working alongside you through your application process to ensure you are able to get the copies of the required documentation to get your title loan request approved!
Title or Registration:
In order for us to be able to approve your title loan request, the most important document you need is the title to your vehicle. If your title is held through the state electronically, you don’t need to make a trip to the DMV to obtain a physical title; just simply bring a copy of your registration with you. If you are unsure if your title is electronic or paper, a representative will be happy to check for you!
Proof of Residency:
Since we do not require a credit check for approval with Lake Title, we do require that you have valid proof of residency in order to complete your title loan request. We accept a utility bill such as power, water, gas, phone, cable or internet bill or a bank statement dated within the last 30 days, or a lease agreement. We just require it is the most recent bill, statement or lease you have received for you residence.
Proof of Income:
While we do offer title loan programs that do not require proof of income, bringing in proof of income will help to increase the amount that Lake Title will be able to get you approved for. This is why we recommend you bring proof of income with you to your appointment. We accept your most recent paystub or bank statement if you receive direct deposit. In some situations, we do also accept an official letter from your employer with the company letterhead provided if you are unable to produce a paystub or bank statement to verify your proof of income.
*Tip: you are able to use your bank statement as proof of residency AND income if you have direct deposit!
Photo ID:
You are required to bring your State or Government issued photo ID in order to verify your identity when completing your title loan request. It must be valid, not expired. Since most of our applicants have a state issued driver’s license or identification card, this step is simple and quick!
Your Vehicle:
In order to qualify for the title loan, you will need to drive your vehicle to the office in order for us to approve your request. During the approval process, a Lake Title representative will complete a quick, 5 minute inspection of the vehicle to gather the information needed for your specific vehicle in order to pull the current value of your vehicle to help us determine what amount you qualify for. The evaluation is a quick and easy process!
If you are unsure or have any additional questions about the documentation you will need or the title loan approval process with Lake Title, please reach out to one of the friendly representatives in the office at (352) 692-2274 and we will be happy to assist you!
We are proud to say that we have serviced Northeastern Florida and Southeastern Georgia as the leading title loan provider for over 15 years! In order to complete your title loan with Lake Title, you will need to visit our office located in Lake Park, Georgia.
If you are familiar with the Lake Park/Valdosta, Georgia area, our office is conveniently located across from the Circle K in Lake Park, between Paradise Spa and Domino’s.
If you are traveling from Florida, we are only 45 minutes from Lake City and 1 hour from Gainesville on i-75 Northbound, sitting just 5 miles past the Florida/Georgia line. After a quick trip, you can have the cash you need in just a few minutes! A lot of the customers we have travel from Florida to Georgia to complete the title loan process with us because Florida does not offer traditional title loans and you are able to avoid the headache from these companies, such as credit checks and additional steps they may require, and any hidden fees they may have. A title loan is based off the equity of your vehicle, not your credit history! At Lake Title, we have an easy, hassle free approval process that has been helping people just like you access the extra funds they are needing with a title loan with Lake Title!
Lake Title
1323 Lakes Blvd Ste A
Lake Park, Georgia 31636
When you complete a title loan with Lake Title, you are required to make the drive to the office to complete your application and leave with your funds in just minutes in your initial visit. Once you have completed the application process, we have multiple ways to make your payments or pay off your loan that doesn’t require you driving back to the office and we even offer the option to have your title mailed back to you via certified mail once your loan is paid off if that is what you prefer!
If you are needing more specific directions or have any additional questions, please reach out to one of our friendly representatives at Lake Title at (352) 692-2274 and we will be happy to assist you!
Title loans can provide needed cash fast—particularly to borrowers with bad or no credit because there is never a credit check with a title loan from Lake Title. They work by using a vehicle title to act as collateral for the amount of the pawn. We offer them as a way for borrowers to cover emergencies or other short-term expenses, without the hassle and inconveniences of a traditional loan. With a title loan, you are only required to have a few documents to get approved, and the equity in your vehicle acts as the collateral for the loan! We do not check your credit nor does your credit ever play a factor in approval with Lake Title!
Title loans are a quick, simple and easy way to gain access to a line of credit different from a traditional line of credit. With Lake Title we initially approve your application based on the equity of your vehicle, but once you have established an account and history with our company, you are able to increase your line of credit along with your borrowing power which is based on your payment history with us.
Most of America owns assets, and vehicles are the most common of those assets. Most people don’t realize that you have equity in your vehicle, regardless of the condition. Here at Lake Title, we make it simple and easy for our customers to access any equity they have in their vehicles by exchanging your vehicle title as collateral for a short-term title pawn transaction which helps you get the cash you’re needing today quickly, easily and hassle free. You, the borrower, will hold the power in the title loan as you are the one who decides the length of time you will need to pay back the title loan with Lake Title.
If you still have any questions, we are here to help! Please reach out to one of our friendly representatives in the office at (352) 692-2274 with any questions you may have, and we will be happy to get you the answers you need!
While we are located in Georgia, we can still help you if you reside in Florida and have your vehicle titled there as Lake Title has been the leading title loan provider for Northeastern Florida and Southeastern Georgia for over 15 years, so we are able to service Georgia and Florida residents in our branch! Lake Title is the title loan lender for you, regardless if you live in Georgia or Florida and you will have no issues receiving a title loan through us with a Florida or Georgia Title.
As of 2013, the state of Florida has transitioned into not only using paper titles, but also using electronic titles (also referred to as e-titles). An electronic title, or e-title, is held by the residing state until you decide to have a paper title printed. If you already have an e-title, you do not need to go down to the DMV and print a quick title for $10, simply bring your registration into the office with you while completing your title loan application with Lake Title! If you do not have an e-title, you will need to bring the physical, paper title into the office with you.
As of October of 2020, Georgia has also begun the use of electronic titles (also referred to as e-titles). We are now able to accept electronically held titles through the State of Georgia to approve your title loan request with Lake Title as well! Just bring us a copy of your registration and we will be able to begin the approval process using your registration if it the title is held electronically. If you hold a State of Georgia paper title, you will need to bring this in with you to show proof of ownership of the vehicle and complete your title loan request.
Are you unsure if you have a paper title or e-title? Please reach out to one of our friendly representatives in the office at (352) 692-2274 and we will be more than happy to check for you!
The best thing about getting a title loan with Lake Title: No credit or bad credit is not an issue with us! At Lake Title, your credit will never play a factor in your approval for your title loan request. We know it can sometimes be difficult to get the money you’re needing and that it can be extremely stressful and overwhelming to apply for a traditional loan. With Lake Title, you are more than your credit score! The equity your vehicle holds and the ability you have to repay your title loan is what determines your approval amount.
When you apply for a title loan, your vehicle is the determining factor in qualifying instead of your credit score. When you choose to get a title loan with Lake Title, you are authorizing us to secure a lien on the title of your vehicle which is used as the collateral for your transaction with Lake Title. The lien with us is secured the same as it is when you purchase a vehicle at a dealership or finance through your bank. The difference between a title loan and an auto financing loan is that with an auto financing loan, you are typically purchasing a vehicle; whereas with a title loan, you are entering a short-term transaction that allows you access the equity your vehicle holds. In fact, we actually have programs that allow you to receive a title loan, even if you are still paying an existing lienholder!
Have additional questions regarding a title loan or interested in the programs we offer for customers with existing liens? Please reach out to one of our friendly representatives in the office at (352) 692-2274 and we will be happy to assist you!
Yes! At Lake Title, you always keep your car, we keep your title! You will have full use of your car throughout the duration that your title pawn remains active, provided your account is in good standing.
Since title loans are essentially title pawns, one of the biggest misconceptions is that in order to pawn your title, you will lose the use of your vehicle, but title pawns do not work like a traditional pawn. As part of our title pawn process, we will secure a lien on your vehicle title until such time your title pawn is paid in full. Once you are paid in full, our branch will release the lien on your vehicle and your title will either remain electronic through your state or a physical copy can be sent to you directly from the state, if you request a physical title.
At Lake Title, we understand how important our vehicles are for everyday life and that is why we make sure to make easy access to equity you may have in your vehicle is available to you without the inconvenience of having to rearrange your life by having to lose the use of your vehicle with a title pawn. Although you are required to bring your vehicle to our branch for a quick inspection, we will not require you to keep the vehicle at our branch and you will be able to leave with your vehicle and your funds once all paperwork is completed.
While some companies do require you have a spare key to the vehicle that you provide to them at the time you take out the loan, we never require a spare key at Lake Title! We strive to make it as easy as possible for our customers to access the equity their vehicle holds and allow them to get the cash they are needing. Most companies require the borrower surrenders a spare key to their vehicle in addition to their title among other additional steps to receive a title loan with them. Lake Title understands that keys can be expensive, especially the newer keys that are standard for most vehicles these days, which is why we never require a customer provide a spare key in order to qualify for a title loan with us! As a matter of fact, all you need to secure an approval on your title loan request is just a few items, some of which you already have on you at any point in time! To qualify for a title loan with Lake Title, you just need to provide us with your valid Photo ID, the title or registration to your vehicle if you have an e-title, proof of income, proof of residency (if you receive direct deposit, your bank statement can be used for proof of income and proof of residency), and your vehicle for a quick 5 minute inspection!
Call one of our friendly office representatives at (352) 692-2274 to get approved over the phone!
At Lake Title, we welcome all vehicles, regardless of age or condition, for approval! The value of the vehicle is ultimately the determining factor in the amount we will be able to approve you for on your title loan, but as long as your vehicle is in working order and able to be driven to the office for a quick 5 minute inspection, we can get your title loan processed on your car, truck, SUV or van! We have noticed that some customers think that the title loan inspection is a thorough process inside and out, but that is not the case and our representatives do not require that you detail and wash your vehicle prior to your inspection, so save yourself that time and money. Just bring your required documentation for approval and drive your vehicle to the office just the way it is to get your easy title loan approval with Lake Title!
Lake Title can even approve vehicles with minor body damage! Do you have dents, dings, cracked windows or damage from a fender bender that has you concerned about your approval odds with us since the vehicle is not in perfect condition? We can assure that here at Lake Title, that is never an issue for us approving your title loan request! These inconvenient and frustrating issues on one of the largest, and personal, assets everyone owns are way too common and expected on most vehicle, as we all rely on our own vehicles so much. At Lake Title, you and your business are what we value, as we are not a vehicle resale business and we are able to approve title loans for our customers with just the title to the vehicle as collateral for the transaction, so we are not looking to have customers who only have vehicles that are in perfect condition for us to grant approvals for title loans.
If you are worried about the damages your vehicle may have and that is stopping you from coming by to get the cash you need today from Lake Title, please reach out to one of our friendly office representatives at (352) 692-2274. One of our representatives will gladly provide you with the email address where you are able to send pictures of your vehicle and get a pre-approved quote after doing a remote inspection on your vehicle prior to your visit with our office to complete your title loan request! Give us a call today! (352) 692-2274
While some companies may have a mileage cut off to complete the title loan, Lake Title does not have a mileage cut off for our title loan approvals. Regardless of the miles your odometer reads, we can get you approved for the cash you need today in minutes! While we do collect the mileage during our quick 5-minute inspection of the vehicle, your vehicle having low or high mileage only plays a factor in determining your title loan amount, not the approval or denial! We make sure it’s easy for you to access the equity your vehicle holds to get your title loan approval today!
To be honest, each of us use our cars more than we realize! Between trips to and from work daily, taking your children to school or after curricular activities, going to the park, ball practice, birthday parties; going to the grocery store or taking your family out to dinner; taking vacations out of town – we are constantly adding more miles to our vehicles. Our vehicles are our reliable forms of transportation to every thing that happens in our lives and those miles add up, quickly! If all of our vehicles had low miles on them all the time, we would never be able to get out from under interest payments of auto financing; so we choose to keep the car that we love and try to keep it running as long as we can. Everyone has equity in their vehicles, because they are our form of transportation throughout life. With Lake Title, we understand that regardless of the love and memories you have made on these trips, these miles add up quickly, but you can still access the equity your vehicle holds and get approved for your title loan request today!
Curious about how much you could get approved for with Lake Title? Just fill out the few fields you see on our instant pre-approval quote to get your answer, or you can call one of our friendly Lake Title office representatives at (352) 692-2274 and get your easy and hassle-free quote today!
Do you receive your paycheck via direct deposit? If so, you can bring in your bank statement for proof of residency and proof of income to save yourself some extra time! If you do not receive your paycheck via direct deposit, that’s okay too; we can still use your bank statement as proof of residency. We can also accept a statement for a loan or any other type of revolving credit, like a credit card, for proof of residency as well.
The documentation that you need to provide for proof of residency can be any regular service bill in your name for your place of current residence. Acceptable forms of proof include, but are not limited to phone, electric, water, cable, gas, internet, insurance, etc. We will ensure the name on the bill and the address match the information on the title loan application for verification purposes. Since we require that it is your most recent bill (dated within the last 30 days), we will check the date to ensure it is your most recent service bill or bank statement for validity of your residency. Since Lake Title does not require a traditional credit check, we will utilize the proof of residency you provide in lieu of the credit check in order to approve your title loan request.
If you have recently moved and have not received your first service bill? No need to worry! We will do everything we can to work with you to get your title loan request approved. If you have a lease due to a recent move, we will accept this as proof of residency as long as it is not a month-to-month lease.
Do you live with a roommate who has the bills in their name? Does your landlord keep all of the utilities in their name? Still no need to worry! We do allow for a cosigner to take the alternative route of supplementing the required documentation in order to assist you with getting your title loan request approved. This is not a requirement, just an option we extend to our customers to ensure we can get them the approval they are needing.
Are your service bills or bank statement electronic because you have lost your paper copy, or you are enrolled in paperless billing? That is fine as well! We can still assist you by providing you with the email address to send the documentation to one of our representatives in the office and we will get it printed out for you. Lake Title strives to ensure our customers always receive the best customer service possible so that your title loan application is an easy, hassle-free process.
If you still have questions or are unsure if something you have will qualify for proof of residency, please reach out to one of our friendly office representatives at (352) 692-2274 and we will be happy to assist!
At Lake Title, we understand that proof of income can vary by your employer, and we will work with you to ensure we are able to get your title loan request approved. We typically request that you bring in your most recent paystub or bank statement if you receive direct deposit, a copy of your paycheck from your employer or the award letter from the Social Security Administration if you receive supplemental income. In certain circumstances, we will accept an official employment verification letter with the company letterhead from your employer if you are unable to provide proof of income in traditional means.
Are you self-employed? We can still assist you with getting your title loan request approved! If you deposit your earnings into a business or personal bank account, we can accept those as proof of income as long as you are able to provide proof of ownership of the business account if you choose to use it. You are also able to provide us with your loss and profit statement along with proof of ownership of the business in which you are providing proof of income for.
While we do typically require you to be on the job for 30 days in for us to factor your income into our title loan products, if you’ve just started a job and haven’t gotten your first paycheck; there’s no need to worry! We have some no income loan programs that we can get you started on, and once you’ve been on the job for 30 days and can provide proof of income, we are able to increase your borrowing power with Lake Title. This ensures you not only have access to cash now, but it will allow you access additional cash after you are able to meet the 30-day income requirement. Since we have a lot of customers that utilize these programs when they have unexpected expenses pop up, we understand that life happens.
If you still have questions or are unsure if something you have will qualify for proof of income, please reach out to one of our friendly office representatives at (352) 692-2274 and we will be happy to assist!
At Lake Title, we do allow our customers to utilize a cosigner in the event they need one to complete their title loan request. Common reasons a cosigner may need to be utilized is because of dual ownership (2 owners on the title), supplemental income, proof of residency or shared financial responsibility of repayment of the title loan. In most cases, your cosigner is not required to be an owner on the title of your vehicle so you will not need to stop by the DMV to have anyone added to your vehicle title.
Dual Ownership:
Vehicles with dual ownership can be a bit tricky, since having a dually owned vehicle doesn’t necessarily mean that your co-owner will be required to be on your title loan request. For Florida titles, you will need to look at the way your names are joined on the title. If the names are separated by ‘OR’, this allows either party the ability to apply for a title loan without the other party, using the vehicle as collateral. If the names are separated by ‘AND’, both parties on the title will be required to be applicants on the title loan request. For Georgia titles, the names are not separated by any words so both parties are required to be applicants on the title loan request.
Supplemental Income:
We frequently have cosigners added to the title loan request in order to provide additional proof of income to ensure the title loan request is approved for the maximum amount you need. As in most financial applications, your recurring income allows for a larger loan amount approval to ensure the ability to repay the loan. Having a cosigner to provide additional income to complete a title loan request is frequently done.
Proof of Residency:
Another common reason that applicants request a cosigner be added to their title loan request with Lake Title is proof of residency. It is a requirement that you and your cosigner reside at the same address if you are using a cosigner for proof of residency.
Shared Financial Responsibility:
Sometimes, the repayment of the title loan is a shared responsibility which will require a cosigner on the account. When title loan borrowers are working with friends or family to assist them in a financial need, we always encourage that both parties are applicants and account holders on the title loan; regardless of the reasoning. Essentially, this allows for both parties to be recorded on the paperwork and account for the title loan, and makes it easier for the borrowers to communicate with Lake Title regarding the status of the account, making a payment or paying the loan off completely, without having to burden one account holder with all of the responsibility.
Still have questions about using a cosigner and what all will be needed? Please feel free to reach out to one of our friendly office representatives at (352) 692-2274 and we will be more than happy to assist you!
Lake Title offers title loans to both Florida and Georgia customers, and both states offer an electronic title (also referred to as e-title) to vehicle owners in their states. Since we have the ability to accept and approve your title loan request with your e-title, there is no reason to make a stop by your local DMV and pay to have a paper one printed to complete the process.
If you currently have an e-title through Florida or Georgia, there are two documents that can be used to provide proof of ownership of your vehicle, instead of the title. You will need to provide your current registration OR the title work receipt that you receive from the DMV when you purchased the vehicle or last made changes to your title. Since most people do not typically keep the receipts, we see more of the current registrations. We will need to make a copy of the documents while you are in the office, but we will give the original back to you unlike with a paper title.
Are you unsure if your title is paper or an e-title? Give one of the Lake Title friendly office representatives a call at (352) 692-2274 and we would be more than happy to check on this for you to ensure you bring the correct documentation to your appointment!
Since you are receiving a loan against the equity in your vehicle when you receive a title loan, we do require a quick 5-minute inspection of your vehicle to ensure it is in working, drivable condition at our office which will require you to travel in your vehicle to our location. We do require that the vehicle is currently registered since you will have to operate and drive that vehicle to our location. In the event your registration is about to expire; you are not required to renew your registration or have valid registration for an extended period to qualify, so there’s no need to rush down to the tag office and renew your registration early.
We have had some situations where our customers have applied for a title loan with Lake Title and not realized their registration had recently expired on their vehicle. In the event this happens to you, it does not automatically mean your title loan request will be denied without you renewing your registration. In the event your registration is extremely expired, by months or longer, or not expired at all, we will have to deny your title loan request until you are able to renew your registration. We have had some customers apply for the title loan simply because they needed the extra funds to renew that registration, and we were able to assist them with this.
If you have any questions or concerns regarding our registration requirements at Lake Title, please reach out to one of our friendly office representatives at (352)692-2274 and we will more than happy to assist you and answer any questions you may have!
While it is common to find title loan companies who do not offer loans to vehicles after certain years, at Lake Title we do not have a minimum year requirement or cut off in order to qualify for a title loan with us. We accept all years, makes and models to complete the title loan request. We understand that our customers are more than their vehicles.
While our instant email quote on our website shows the year, qualifications are restricted to 1991, we do not actually have a restriction on the vehicle year to qualify with us. The service that is used for the integration of your vehicle value on our website is why it is set at 1991 being the oldest vehicle you can select. That means if your than 1991 and you’re looking to access the equity in your vehicle, we are still able to help you!
Lake Title will use your current value of your vehicle as part of the determining factors in how much your title loan request will qualify for since the vehicle is the collateral against the loan. We are not limited to a “one size fits all” when it comes to determining the value of your vehicle and the amount of equity your vehicle holds in older aged vehicles. This means if your vehicle is an older, classic model car we have a system to help us determine the value of your classic car along with our quick 5-minute inspection.
Curious to know how much you could get for a title loan with Lake Title? You can easily fill out our instant quote application on our website or call one of our friendly office representatives at (352) 692-2274 to get your pre-approval over the phone!
Since Lake Title services both Florida and Georgia residents and insurance is a requirement to operate your vehicle in either state and you will need to drive the vehicle to our office to complete your title loan request, we do require that you have some level of insurance on your vehicle. We do not require that you provide us with proof of insurance, however, we will ask that you provide us with the company and policy number for your automotive insurance.
While some lenders require that you upgrade or maintain full coverage insurance, Lake Title does not have that requirement. Other title loan lenders may require you purchase a full coverage insurance plan or purchase insurance through their company which adds on additional fees and products to your title loan, and this will not help you in the long run since it all factors in to your principle balance which will cause you to pay additional interest on the title loan. This does not allow the borrower to repay their account according to a schedule that works best for them as it is not a traditional title loan. With Lake Title, we give you the ability and flexibility to repay your title loan within 30 days, or however long you need to keep your account active with us. You will only ever pay interest on the amount you of money you received from our branch for your title loan.
Please reach out to one of our friendly office representatives at (352) 692-2274 if you have any further questions or concerns. We are looking forward to assisting you!
In the event that the vehicle is titled with dual ownership (two owners), the way the vehicle is titled is what determines if both owners will be required to be on the application for a title loan with Lake Title. The way the names are separated on the registration, title or title application paperwork will determine how to proceed with your title loan request. The three ways that dual ownership is reflected is with “OR”, “AND” or no conjunction between the names. Below you will find what the different conjunctions means in regard to the ownership of your automobile.
“OR”:
The use of the conjunction “OR” to separate the names for ownership of an automobile allows either owner to act alone in matters in which a vehicle is dually owned. This means if you have two owners on your title with the ownership indicated as “OR”, then only one of the owners will be required to complete the title loan request and sign the appropriate paperwork for Lake Title to secure the lien on the title for your title loan. If your title is separated by “OR”, either owner is eligible to apply for the title loan or you still have the option for both owners to apply.
“AND”:
The use of the conjunction “AND” to separate the names for ownership of an automobile requires both owners to act together in matters in which a vehicle is dually owned. This means if you have two owners on your title with the ownership indicated as “AND”, then both of the owners will be required to complete the title loan request and sign the appropriate paperwork for Lake Title to secure the lien on the title for your title loan. If your title is separated by “AND”, you will both be required to be on the account through the use of our co-signer program for your title loan.
No Conjunction Between Owners:
In the event that your title has both owners’ names listed with no conjunction used to separate the names for ownership, the use of “AND” is automatically assumed and both parties will are required to act together at all times in any matters that involve the automobile that is dually owned. Both owners will be required to complete our title loan application through the use of our co-signer program.
If you do have a title that is dually owned and only one of the owners wants to apply for title loan when the names are not joined by “OR”, you have the option to change the ownership to reflect the conjunction “OR” on the title if both parties are able to go to your local DMV prior to applying for a title loan or your co-owner can sign over the ownership of the automobile to the other party which will allow the other party to process the appropriate paperwork through the sate at the local DMV to have the change of ownership completed. Although this is not a common situation for us, this is an alternative for you and the co-owner to be able to do in the even that this is the best decision for you and the co-owner of your vehicle.
Do you have additional questions regarding title loans with two people on the title? Please reach out to one of our friend office representatives at (352) 692-2274 and we will be happy to answer any questions!
Are you still financing your vehicle? At Lake Title, we are still able to assist you in accessing any equity that you may have in your vehicle through our 2nd lienholder program! In order for you to qualify for this program, one of our representatives will need to assess the amount of equity that you currently have in your vehicle which means you will need to provide us with your most recent billing statement from your current lienholder for us to compare you currently owe with the value of your vehicle and help us determine the available equity your vehicle holds to qualify for this program. If you know your current principle balance (an estimated amount is fine!), please give us a quick call at (352)692-2274 to get a pre-approval quote from Lake Title today!
The documents that are required to qualify for the 2nd lienholder title loan with Lake Title are listed below:
Registration or Title Receipt:
The most important document you will need to qualify is your registration or receipt from the DMV with your vehicle information listed. This document is a white piece of paper, looks like a title, that the DMV would have provided you with when you first had the paperwork processed or the last time you changed your title through your local DMV.
Loan Statement/Proof of Residency:
Since you are applying for a title loan on a vehicle that is currently still financed, we will need you to provide us with your most recent account statement from your current lienholder. Title loans do not require credit checks, so we do require proof of residency to qualify for the title loan. The good new is that the loan statement can help to act as your proof of residency as well.
Proof of Income:
While we do have a number of loan programs to assist all of our applicants get approved for a title loan, it is essential to provide proof of income if you would like to increase the amount of the loan that Lake Title will be able to approve you for. This is why it is always recommended to always bring your proof of income in with you. We typically request that you bring in your most recent paystub or bank statement if you receive direct deposit, a copy of your paycheck from your employer or the award letter from the Social Security Administration if you receive supplemental income. In certain circumstances, we will accept an official employment verification letter with the company letterhead from your employer if you are unable to provide proof of income in traditional means.
Photo ID:
We require all applicants to verify their identity by providing us with a valid State or Government issued photo ID. This is typically an easy one for our customers, since most have a driver’s license or identification card from the state in which they reside.
Your Vehicle:
In order to qualify for the title loan, you will need to drive your vehicle to the office in order for us to approve your request. During the approval process, a Lake Title representative will complete a quick, 5 minute inspection of the vehicle to gather the information needed for your specific vehicle in order to pull the current value of your vehicle to help us determine what amount you qualify for. The evaluation is a quick and easy process!
If you have any additional questions or concerns regarding our 2nd lienholder program, please reach out to a Lake Title representative at (352) 692-2274. We look forward to assisting you today!
