What is the interest rate?

We have multiple programs designed for every client. When you apply, we take a look at your vehicle information and information and offer you the lowest rate based on your situation.

How close is your Store?

We serve 16 states currently. Some states we send out a notary with your money because you are too far away from a physical location while others you can drive right up to the door. Other states you come to our store. We have thousands of physical locations nationwide. Once you fill out the application our system will geo-code you to the nearest store or inform us that the notary system needs to be used.

I have a title loan with another company, can I get a new one?

Yes. We are sensitive to the fact that other companies may charge much more than us on the interest rate and that is why thousands of people are getting their loan through us.

Do you also give title loans on motorcycles, boats and RV’s?

I am sorry but we are no longer providing that service.

Do you give title loans in classic cars?

Our loans are based on the value of the vehicle as it pertains to the resale value of the car. Some classic cars have very high financial value and we will consider them while others have great sentimental value and we must pass.

I am a business owner and have a fleet of cars? Can I get a large amount of money based on multiple vehicles?

You can only get one car title loan per vehicle so a fleet will not work.

How does the program work?

This depends on the state you are in. If you are in California, Oregon, New Mexico, Arizona or South Carolina read the following. If you are in other states, skip this question and go tot he next and it will be answered.

It’s very simple. Step one is doing the online application. This will tell us about your vehicle and allow us to figure out how much you can get. Step two is us calling you to tell you the amount. Step three is us sending you the documents you need. Step four is you faxing and emailing us the documents back. Step five is the underwriter calling you to go over the details, cutting the check and sending it to a local notary for delivery. Final step is you signing the docs and getting the check. Total time is usually 48 hours.

How does the program work outside of the above?

You fill out the application and someone from our office will go over the amount we can loan you. We will give you the address you will drive to and you can go get your cash. Total time is usually a couple hours.
What happens after I fill out the application?

You will get a phone call or email from us. This will be your official loan offer.A lot of people are shocked to see how much they can get and that is why we put it in writing.

 

Why should I fill out the application?

Until you do the initial application, we have no way of knowing how much we can loan you. Once we know that, we can tell you and then you can decide if you still need the money or not.

 

How long can I pay off the loan?

We are not the company that makes you pay weekly or bi-weekly. You make MONTHLY payments. Also we are not the company that requires you to pay it off in one month. Your term is based on the amount of money you borrow and the amount of time you need. Typical time is 6 months to 2 years. Some larger loans go for 3-4 years. It all depends on the amount of the loan.

 

I don’t have full coverage on my vehicle. Will this be okay?

We need you to be fully insured but do not worry. If you do not have full coverage we can help you with this.

 

I got approved for a large amount of money you. Do I have to borrow the entire amount or can I borrow less?

We will always tell you the maximum amount we can loan you. Of course, you do not have to take that amount but you should know that once you approve an amount, you cannot come back for 8 to 12 months until you can get more.

 

When I get my loan is it in cash or check?

It is always in the form of a check. This is for safety reasons at our stores. You can always go to a currency exchange and cash it or if you look at the check itself, you can go to the bank the check was drawn and cash it.

 

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 we consider are the year, make, model, mileage and condition of the vehicle.

 

Can I drive my car during the term of the auto title loan?

Yes!

 

Does my car need to be paid off?

Yes.

 

Do I need to have good credit to get a car title loan?

No.

 
 

What if I am on disability or retirement. Can I still get a title loan?
Yes.

 

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 an application while we appraise your vehicle. We will determine a transaction amount based upon your need and the appraised value of your vehicle. Upon approval, you will receive your funds and retain the use of your vehicle.

 

How long does it take before I get my money?
We can usually give you loan pre-approval within 15 minutes from the time you submit the Loan Application to us (during normal business hours). If you qualify, the loan process takes about 20 minutes from start to finish. You will have your loan money the next day.

 

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.

 

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, Title Loans considers repossession a last resort because repossessions are expensive and time-consuming.

Is this an interest only loan?

No. This is important. An interest only loan means you pay the interest each month and nothing against the principal. At the end of the loan term you then have to pay the full loan balance. This is what got the mortgage industry in hot water and we will not support this practice.