CarTitleLoanToday maintains a policy of providing consumers with the information and knowledge necessary to make informed, responsible loan decisions.
Where applicable, our licensed vendors undertake all collection activity in strict compliance with the provisions of the Federal Fair Debt Collection Practices Act enforced by the Consumer Financial Protection Bureau and other Federal Agencies. While CarTitleLoanToday is not an actual lender and, as a result, does not collect debts from consumers, it requires all licensed vendors in its network to follow all relevant laws, rules, and regulations. Applicable provisions of the Fair Debt Collection Practices Act prohibit the following:
Contacting consumers by telephone before 8 a.m. or after 9 p.m.
Contacting consumers by phone with the intent to annoy, harass, etc., or using abusive language at any time.
Collecting debt through deception or misrepresentation.
Threatening legal recourse when no legal action is intended.
CarTitleLoanToday vendors promote the informed used of consumer credit by rigidly adhering to Federal regulations requiring disclosures about loan terms and costs. Before consumers assume any obligation with a licensed vendor, they will be presented, in writing, with the exact rates, fees, and other details of their loan/pawn, as required under the Federal Truth in Lending Act.
In addition to applicable Federal regulations, individual States also have numerous laws regulating business in their States. These laws include, but are not limited to, regulations regarding interest rates, rollover limits, fees, charges, renewals and terms.
Submitting your loan/pawn inquiry at CarTitleLoanToday incurs absolutely no cost. CarTitleLoanToday is not a lender and does not provide lending services directly to consumers. Based on the inquiry you submit, CarTitleLoanToday provides you with options of reliable licensed vendors closest to you and suited to your needs. You will never be charged any fees by CarTitleLoanToday. Viewing the results of your search for prospective licensed vendors is free of charge.
As noted above, the Truth in Lending Act requires disclosures about the terms and cost of consumer credit. All rate and fee information will be disclosed to you by the licensed vendor at the location before you sign any agreement. Please review all the rate information provided to you by the licensed vendor thoroughly and completely before signing any agreement. You are under no obligation to accept the terms provided by a licensed vendor.
Interest rates, charges, and/or fees are determined solely by your licensed vendor, with specific amounts determined based upon the information you submit at the licensed vendor location and applicable law. CarTitleLoanToday has no involvement in the determination of these interest rates, charges, and fees. You are under no obligation to continue with the application process with the licensed vendor if you find the terms unsuitable.
Actual interest rates, charges, and fees may vary depending on the licensed vendor. State laws and regulations may prove a determining factor in the rates, fees, and charges determined for your loan/pawn. Lending terms vary from State to State.
CarTitleLoanToday’s licensed vendors have varying policies regarding late payments. Review the late payment policy detailed in the documents provided to you by your licensed vendor before signing any document. All licensed vendors must abide by each State’s regulatory requirements regarding late payments.
Your vehicle will be pledged to a licensed vendor as collateral for the loan/pawn. If you fail to repay the loan pursuant to an agreement or redeem your pawn within the applicable time period, your vehicle may be repossessed and sold. Additional charges may also apply.
Loan/pawn renewal policies are largely governed by State regulations. In States where refinancing or repayment term extensions is allowed, interest rates, along with any late charges that may be assessed, can add a substantial dollar amount to the price of your loan/pawn. Read the licensed vendor’s terms in full regarding loan/pawn renewal options before signing any agreement.
There exists a common misconception that a poor credit history may result in a higher interest rate for a loan/pawn. With our licensed vendors, your credit score does not affect the interest rate, fees or charges determined for your loan/pawn. However, certain loan/pawn amounts may require that you undergo a credit check.
If you own your car, truck, or SUV in running condition and have a clear title, you can get cash in no time. Best of all, you keep driving your vehicle for the duration of your title loan.
For Alabama and Georgia residents, a title pawn works like a title loan. You benefit from our network of licensed vendors and keep driving your vehicle for the duration of your title pawn.