Requirements to Apply for a Loan

Auto-FinanceCashPoint Car Title Loans offers a convenient and reliable way for individuals who own their vehicles outright, meaning with no liens, to obtain loans to pay off debts or meet short-term cash flow problems. From offices in Virginia, Delaware, and Kansas, the company serves residents of those and surrounding states.

Obtaining a loan from CashPoint requires that applicants first meet a few conditions. To begin with, they must be at least 18 years of age and they must possess a lien-free title. Applicants must also own a working phone (mobile or landline) and a valid driver’s license or equivalent. Upon applying for a loan, applicants must verify their residency using a recent utility or cellphone bill, rental agreement, or similar paperwork.

CashPoint does not require a credit history. In addition, applying for a title loan does not affect credit scores in most cases. To learn more about the process and to find a nearby location, log on to


Understanding the Mechanics of Lending Based on Vehicle Title

iStock_000008128631SmallWith operations spanning the East Coast, Cashpoint Car Title Loans offers vehicle owners strategies for receiving loans that avoid the necessity of selling their car, truck, or SUV. This type of lending places a lien on the title of the vehicle, which is removed once the short-term debt is repaid. This convenient and expedited option is available only to customers over the age of 18 who currently own vehicles with no liens placed on the title. 

A key advantage of a title-based loan is that it avoids the usual credit- and job-related requirements of traditional lending. This enables people to gain lending approval with no credit history check and nothing at risk beyond the collateralized vehicle. The loans generated by the process typically range from less than $1,000 to $10,000, and a vehicle appraisal determines the exact amount of money offered. Cashpoint keeps the title until the entire loan balance is paid, at which time the vehicle is released and the account can be closed and the agreement terminated.