Home > Title Loans Up To $10,000. Apply In Minutes With Jacaranda
Title Loans Up To $10,000. Apply In Minutes With Jacaranda
Looking for affordable title loans?
Title loans are just another term for a type of secured personal loan where borrowers are able to use their vehicle as security against the loan. Jacaranda is able to provide title loans that range from $2,100 to $10,000. At Jacaranda, we are the trusted lenders who could provide you with a fair rate on a personal loan.
What Is A Title Loan?
A title loan is a loan where the borrower gives the title of their vehicle to a lender as collateral against a loan. In other words, as a title is a right to ownership of an asset, the borrower is incentivised to repay their loan on time. When title loans are fully repaid, the lender no longer has any legal right to ownership of the car.
Generally, in Australia, a title loan simply refers to a loan secured by a vehicle, otherwise known as a secured loan.
Jacaranda is a lender based in Brisbane, that is able to offer personal loans ranging from $300 to $10,000. Additionally, if you’re looking for a loan using car title as collateral, we can offer you secured personal loans that range from $2,100 to $10,000.
What’s more – our process is 100% online. This means you can apply for our title loans anywhere, at any time. You could even apply while you’re sitting in the same car you want to use as collateral (while parked, of course).
Am I Eligible To Apply?
Interested in applying for title loans through Jacaranda? Well, before you do, there are basic eligibility criteria that you will need to meet in order to apply. Therefore, to get started with Jacaranda, you need to make sure that you:
- Are at least 18-years old;
- Have online access to a personal bank account;
- Have been receiving an income into your account for at least 90-days;
- Are an Australian Citizen or Permanent Resident; and
- Have an active mobile number and email address.
If you can say ‘yes’ to all of the above, you can go right ahead and apply with Jacaranda.
How Do I Get A Title Loan Online?
If you’re looking to get a title loan online, you can apply right here, with Jacaranda. Wondering how to get started? Well, here’s how:
Step One – Apply For Title Loan Online
To get started, simply scroll up to the loan calculator at the top of the page. Next, you’ll need to select the amount you wish to borrow. Keep in mind, any loan amount under $2,000 is unsecured, and will not need a vehicle to be used as security. Conversely, any amount between $2,100 and $10,000 will require collateral.
Once you have selected your loan amount and ideal repayment terms, you’ll be taken to our application form. Jacaranda only asks for the important information, therefore this should only take you a few minutes to complete.
Step Two – Assessment
Once you’ve submitted your application, our assessment team will do what they do best. In short, they’ll determine whether or not one of our loan products is suitable for you. Our assessment team is highly trained, and will never approve a loan that we feel you would be unable to repay.
If you apply during regular AEST business hours, we should have an outcome for you within 60-minutes of applying. Keep in mind, however, that if you apply outside of normal business hours, we’ll get to your application the next business day.
Step Three – Money
If you’re approved, we’ll send through your digital loan contract. Once you have carefully read through this document, and agree with your terms, simply approve your contract. From here, once you have approved your contract, we’ll get to work transferring your funds. Access to funds will be dependent on inter-bank transfer times.
What Assets Can I Use For Jacaranda Title Loans?
With Jacaranda, not only can you get a loan on your car title, but you are also able to use your motorbike, caravan or boat as security against a loan. Keep in mind, however, that you will need to be the registered owner of a vehicle to use it as collateral.
Can Jacaranda Help With A Fast Cash Title Loan?
Often, if you’re looking for fast cash loans, chances are you’ll want them to be processed quickly. That’s why we’ve designed our loan process to be as simple and as streamlined as possible.
Title loans from Jacaranda can be applied for in minutes and, depending on when you apply, you may even receive an outcome within 60-minutes. This is, however, only if you apply during our normal business hours. If you apply outside of these hours, we’ll get to your application when we are back in the office.
Can I Get An Instant Online Title Loan?
Jacaranda cannot, unfortunately, guarantee anything will happen instantly. However, if you’re looking for an instant online title loan, we can note our service moves so quickly it may feel almost instant.
See, from application to approval, we’ve designed our loan process to be as streamlined and simple as possible. However, there are certain variables at play, that will affect how quickly borrowers see their title loans.
For example, after you apply we may need additional information regarding you or your vehicle. If this is the case we’ll let you know via email or text – so keep an eye on your notifications.
Additionally, access to funds will be determined by a few factors. Namely, when you approve your loan contract will affect when you see your cash. Therefore, if you accept your loan contract outside of business hours, we can only begin transferring your loan the next business day. It is also important to keep in mind that access to funds will be dependent on inter-bank transfer times.
I’m Unemployed – Can I Still Get A Loan On My Car Title?
If you receive Centrelink benefits, you may qualify for a personal loan from Jacaranda. However, Jacaranda will always assess your ability to reasonably repay the loan. Therefore, if we do not think you will be reasonably able to afford your loan, we will not approve your application.
In short, Jacaranda takes its obligations towards responsible lending very seriously. However, if you are declined for a loan today, that does not mean you will be ineligible in the future.
I’m Struggling With Repayments On My Quick Title Loan
At Jacaranda, we’ve aimed to make every step of the loan process as simple and straightforward as possible. Therefore, if you’re approved for a quick title loan, a direct debit will be set up from your account. This will allow for repayments to be automatically debited from your account on an agreed upon repayment schedule. Finally, once your repayments have finished, the direct debit will automatically cease.
If you, however, feel like you will be unable to afford a repayment, you need to get in contact with us as soon as possible on 1300 189 823. If you get in contact with us with 24-hours before your payment is due, we should be able to adjust your repayments.
3 Easy ways you can stay on top of your loan repayments
Any average adult would easily have more than one bill to remember. Whether it’s a mortgage, loan repayment, or rent, we tend to have more payments to remember than what we’d like. Any missed or late payments on any type of payment can result in a major decrease in your credit score. It’s important to take steps to ensure you’re staying on top of your loan repayments to ensure your credit score is always in good shape.
Your credit score is a number that’s calculated from the information in your credit score.
It shows lenders your creditworthiness or how reliable you are at repaying credit. This number is one of the first things lenders look at to assess your financial reliability, so as you can tell, it’s a pretty important number. However, even with a bad credit score, you still have a chance with Jacaranda Finance! Staying on top of your repayments is also one of the best ways to get your credit score in shape. So, if you’re worried about meeting all payments, here are easy ways you can stay on top of your loan repayments.
- Ensure your account has sufficient funds. Upon applying for a loan with us, in your contract, we state that we will be setting up direct debit on our end. Automated payments are automatically activated on our end as soon as you sign a direct debit request that allows us to deduct from your desired account. Automated payments are already very beneficial to ensure your payments are always made on time. Simply request to have that aligned with your pay cycle so that your account has sufficient funds at all times.
- Make a list of all bills. One of the best ways to know when everything is due is simply writing up a list and physically checking when your payments are due. Either by having them on your phone as reminders or writing them on your calendar, being aware of your bills’ due dates can help you stay on top of other payments.
- Align your payments with your pay cycle. As mentioned above, we already activate automated payments upon having you sign our contract. While automated payments are heavily beneficial, it’s even more important ensuring your account has sufficient funds. Consider aligning any payment such as your rent, loan, or credit card with your pay cycle. Whether it’s through Centrelink payments or a salary, aligning your payments with your pay cycle is an easy way you can stay on top of your loan repayments.
What Happens When You Default On Title Loans?
If a borrower defaults on title loans, the credit provider has the legal right to sell the asset used as collateral. In short, this is done in an attempt to recoup some of the losses incurred by the default.
At Jacaranda, however, the repossession of a vehicle is always our last resort. Jacaranda will only repossess a vehicle if all other avenues have been exhausted. In other words, if a borrower has repeatedly missed payments over a long period of time and has failed to get in contact with Jacaranda, the repossession process may begin.
Therefore, if you are missing repeated payments, you should file for Financial Hardship assistance. To apply, you will need to provide supporting documentation. This can include, but is not limited to:
- Separation certificate (if employment termination has occurred);
- Bank statement for the previous/current month;
- Centrelink Income Statement (if applicable);
- A budget; or
- Proof of bills (phone, utilities etc).
Get in contact with Jacaranda to confirm what documents will be required for your individual circumstances. You can get in contact by either calling us on
1300 189 823 or head to our contact page.
What Happens During The Repossession Process?
If you have repeatedly missed repayments and have failed to get in contact with Jacaranda, the repossession process may begin. Keep in mind, however, that repossession is only an option when every other avenue has been exhausted.
Lenders are able to begin the repossession process if:
- You are behind on your repayments; and
- Your lender has provided you with a default notice, giving you 30-days to pay the overdue amount; and
- You have not paid the overdue amount, negotiated a resolution, or lodged a request to postpone repossession within the 30-day notice period.
Additionally, Jacaranda will send you written notice if your vehicle is repossessed, detailing:
- The estimated value of your asset;
- The cost of the repossession, plus any additional costs; and
- A statement of your rights and obligations under the National Consumer Credit Code.
Jacaranda cannot sell your vehicle within 21-days of this written notice. Therefore, if you pay the overdue amount during this period, or pay out the credit contract, your vehicle will be returned to you.
Is Jacaranda For Me?
We’re proud of the fact we’ve helped thousands of Aussies find the loans they’re looking for. In particular, we’ve been able to help people all across the country use their vehicle as security against a loan. Below are some examples of the loans we have managed to approve people for:
|Loan against my car title||AUD ($)2,100||✔|
|Fast cash title loan||AUD ($)2,500||✔|
|Title after paying off car loan||AUD ($)2,850||✔|
|Loan with title as collateral||AUD ($)4,100||✔|
|Quick title loan||AUD ($)4,700||✔|
|Loan using car title as collateral||AUD ($)6,100||✔|
Disclaimer: The above examples are for demonstrative purposes only. They do not, in any way, reflect the terms of your possible loan, or the amount you may be approved for.
Ready to apply for Jacaranda’s title loans? To get started, simply scroll up to the loan calculator at the top of this page.
If you have any questions about anything you may have just read, visit our FAQs or get in contact via the email form on our contact us page.
Want to read more from Jacaranda? Let us tell you how you could get a quick loan online, a direct loan, loans for people with poor credit even a fast outcome loan!