If you find yourself in a bad financial situation and you have a credit score that’s not up to snuff, an online Lexington title loan could be a solution for your problem. Online title loans do not require a perfect credit, and you can usually get cash in hand in less than 24 hours. Many people turn to payday loans when they need cash fast, but these types of loans require you to have a checking account to secure the loan, whereas online car title loans in Winston-Salem / Lexington do not. All you need to secure a title loan is your free-and-clear vehicle title, proof of income (unemployment and disability payments will count as income!), and a government-issued ID. You temporarily surrender the hard copy of your vehicle, which serves as collateral to secure the loan. Once you repay the loan, you get your title back and go on your merry way. It is important to make payments in a timely manner, as it is possible your vehicle will be repossessed if you default. This does not often happen, as title lenders don’t want to go through the expense and the hassle of repossessing vehicles. Taking out a title loan, if you do it right, can solve your immediate financial problem and possibly boost your credit rating, too!