Frequent Title Loan Questions
- How much can I borrow from an auto title loan?
You can borrow between $100 to $50,000. The amounts we loan are determined by the wholesale value of the vehicle. A few factors that are considered are the year, make, model, mileage and condition of the vehicle.
- Can I drive my car during the term of the auto title loan?
- Does my car need to be paid off?
- Do I need to have good credit to get a car title loan?
- Do I have to have a job?
- What if I am on disability or retirement?
You can still get pre-approved for a car title loan.
- What is a title loan?
Title loans are a quick and convenient way for people who own their car without any liens (i.e., a lien-free title) to get cash using the car as collateral. It allows consumers to use an asset they own (their vehicle) to solve short-term cash flow problems. Without title lending, many consumers would be forced to sell their vehicle in a time of need, probably at a discount.
- How do car title loans work?
Fill out our online form to get started to getting your cash today. Your loan amount is based upon the appraised value of your vehicle from Kelley Blue Book. Upon pre-approval, you will receive your funds and retain the use of your vehicle. When you pay off the balance of your account, your car title will be returned to you.
- How long does it take before I get my money?
In most cases, we can match you with a title loan lender that can give you cash today.
- Does the vehicle title need to be in my name?
Yes. The car title must have you listed as the legal owner of the vehicle that you intend to use as collateral for the transaction. If you are listed on the title along with another person, give us a call to determine whether or not the other person listed on the title has to apply along with you.
- Can I drive my car during the term of the title loan?
- When do I get my title back?
Your title will be returned to you immediately after paying back the full amount due on your account.
- Is my personal information safe with you?
Yes it is! We are concerned about your personal information as well, and we are deeply committed to protecting it. We go to great lengths to secure your personal information, our web site, and our databases, and take a number of precautions to protect access to them from unauthorized users.
- Why use a title lender?
A title transaction enables you to acquire funds based on the value of your car but without actually losing its use. The process is based on collateral, not credit.
- What if I am late on a payment?
If you are seriously late or non-responsive, vehicle repossession could occur. However, the title loan lenders that we do business with consider repossession a last resort because repossessions are expensive and time-consuming.