Applying for a title loan in Louisiana is only possible if you have a clear and lien-free vehicle title.
This means that you are the rightful and full owner of the vehicle by paying off the vehicle whether you have gotten it from a certified dealership or any other reliable dealers. There may not be any other parties who can claim ownership of this vehicle as well, for example if there is a co-signer, they can claim ownership and may not be used to enter a title loan contract.
In addition it must be lien-free, liens are often put on cars that have previously entered a title loan with another company and has either not paid it off or have defaulted on the loan. It is unlawful for both borrower and lender to enter a title loan contract with this type of title.
In the state of Louisiana, you will be able to get your car title at your local Department of Motor Vehicles or Tag and Title service. There are multiple locations depending on your area, so feel free to contact or visit any of these locations. You are typically granted the title after you have completed any payment installments made towards this vehicle.
If the owner of the vehicle is deceased, you may not apply for a title loan under their name. You must speak with an attorney regarding how their estate can be handled. If applicable, you will need to provide necessary documentation to change the name under the title, talk to your attorney about this.
To transfer a title from seller to buyer:
You may also request a title transfer if you are new to the state of Louisiana or if the title is under someone else’s name. To do so, you must submit:
If you have inherited the vehicle, you will need to go through several court processes to obtain ownership of the title:
If it can be determined by neither parties, you will need to submit both documentation:
If the heir resides in a state outside of the title, it must be noted in a letter written by out-of-state officials.