Frequently Asked Questions
Everything you need to know about title loans
What is a title loan?
A title loan is a type of secured loan where the borrower uses their vehicle title as collateral. You can continue to drive your car while making loan payments. Title loans are a popular option for people who need quick access to cash and own their vehicle outright.
How much can I borrow?
Loan amounts vary based on the equity value of your vehicle and your ability to make monthly payments. You may qualify for up to $50,000. The exact amount depends on factors such as the year, make, model, mileage, and condition of your vehicle.
What do I need to apply?
You'll need a clear vehicle title in your name, a government-issued photo ID, proof of income, and proof of residency. Some lenders may require additional documentation depending on your state and loan amount.
Can I apply with bad credit?
Yes! Unlike traditional bank loans, title loans use your vehicle as collateral rather than relying solely on your credit score. We encourage all credit types to apply. Your vehicle's value is the primary factor in determining your eligibility.
How fast can I get my money?
If approved, you could receive your funds as fast as the next business day. The speed of funding depends on your lender and how quickly you can provide the required documentation.
Can I still drive my car?
Yes. With a title loan, the lender holds your vehicle title as collateral, but you keep possession of your car and can continue to drive it as normal throughout the loan period.
What types of vehicles qualify?
Most cars, trucks, and SUVs with a clear title can qualify. The vehicle should be in reasonable working condition. Some lenders also accept motorcycles and RVs. Contact us for specific details about your vehicle.
Still Have Questions?
Give us a call and a specialist will be happy to help.