Got a question? We have your answer! Below are the answers to a few of our most frequently asked questions, which we hope will help you throughout the title loan process.
A title loan is a loan where you use your vehicle’s title as collateral for the loan. These types of loans are intended for short-term financial solutions, not long-term financial problems. Our licensed vendor representatives can answer any questions you may have regarding a title loan.
All you need to qualify for a title loan is your vehicle, the vehicle’s title, driver's license or state-issued photo I.D. CarTitleLoanToday makes finding a licensed vendor title loan store simple and hassle-free, unlike other title loan companies. The process includes:
Taking your vehicle to the licensed vendor location near you. Be sure to bring the vehicle’s title.
A loan representative will quickly inspect your vehicle while you are filling out the application.
Based upon your cash needs, the value of your vehicle, your ability to make payments on the loan and any state laws, a loan representative will help you get qualified for the right title loan amount.
Once you have been approved for a title loan, you will receive the cash you need and be able to continue driving your vehicle! All of this takes as little as 30 minutes.
A loan representative will review all loan terms and fees with you prior to you signing the loan. On your loan agreement, you can view all of the terms and fees associated with your title loan.
No, you do not need a savings or checking account to be approved for a title loan.
Yes! Your credit history doesn't matter. Discharged bankruptcy, charge offs, bounced checks, and other credit issues don't affect your ability to get a title loan.
You can obtain a title loan without a driver’s license, but must have a valid photo ID.
Each state has different laws regarding how old you must be to obtain a title loan. In most states, you must be at least 18 years old to qualify for a title loan.
Yes! One of our licensed vendors will provide you with the cash you need and you continue to drive your car while making the payments.
The value of your vehicle is based on the value as stated in a nationally recognized pricing guide and the condition of the vehicle, as determined by a physical inspection.
By using our locator, which will assist you in finding the licensed vendor nearest you.
A lien-free or clear vehicle title means you are no longer making payments on your vehicle and own the vehicle with no outstanding balances on it. In order to qualify for a title loan, you must have a lien-free or clear vehicle title.
You can get started today by filling out our online form with your basic information. Once you have submitted this form, a licensed vendor representative will contact you to explain the application process and get you ready to visit their location to finish up and get your cash.
The amount of your title loan is dependent upon the assessed value of your vehicle. The maximum amount you could qualify for is $10,000.
In order to get a title loan, the vehicle’s title must be in your name. To update your vehicle’s title, simply go to the DMV and have the title transferred into your name.
Title loan terms and frequency varies from state to state, so please ask your licensed vendor representative to provide you with these details.
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.