Receive funds transferred straight to your bank account or pick them up at a participating location.
Receive funds transferred straight to your bank account or pick them up at a participating location. Google Rating4. 5.
Estimating the Loan Amount
How much you can get on a car title loan depends on the value of your vehicle, as you may be wondering. Your vehicle will be evaluated by a professional when you apply for a car title loan, commonly referred to as a title pawn. TitleMax® offers more than 1,000 locations across 16 states, making it convenient for you to get your car appraised. There’s a good chance we have an office nearby. The value of your car will be assessed by the specialist, and this will determine the maximum amount of your loan. Before submitting an application for a car title loan, visit the Kelley Blue Book website and fill out the appropriate sections with comprehensive information about your vehicle to get an estimate of its value. We may even be able to refinance and obtain a better rate for you if you currently have an auto title loan with another company. More information about TitleMax® is available on our website under the “about us” section.
What You Need to Apply for a Car Title Loan
A quick and easy application process for a title loan depends on you having everything you need. We do not care about bad credit, but you must be the sole owner of your vehicle and have a title free of liens. Another prerequisite for obtaining an auto title loan is having a consistent source of income, which is applicable to all states but Alabama. This may come from a job, a handicap, retirement, or another source. You must also be able to provide a government-issued ID. When you visit one of our offices, you can find out how much you’re approved for in as little as fifteen minutes thanks to the speedy application process. You can apply for a loan with us online at our website if that’s more your style. You can even give our toll-free number a call to apply for a loan.
The Benefits of a Car Title Loan
For those in need of immediate cash, TitleMax® auto title loans are the best option. It makes no difference what brand or model your car is or how old it is. All paid-off cars with value are accepted by us. You won’t have to wait days or weeks for the approval process to be completed, in contrast to traditional loans. You’ll know the answer to the question “How much can I get on a car title loan” the same day, so you can put it out of your mind quickly. Also, you can continue driving your car after being approved. We simply retain ownership of your vehicle title until you settle the loan through the convenient and economical payment schedule we establish for you.
It’s best to understand how a car title loan operates and how much money you can get because you never know when you might need extra cash. You can feel more at ease knowing that you have the option of a car title loan. You can feel secure knowing that you’re in good hands when you choose TitleMax® for your vehicle title loan. Since our founding in 1998, we have approved over 3,000 loans every day. In addition, we offer excellent customer support and are available to address any queries you may have. We want to make the process of obtaining cash as quick and easy as we can when you need it quickly.
How much cash can I get?
- Same Day Cash
- Quick Approval
- Most Credit Types Accepted
- Keep Driving Your Vehicle
- Competitive Rates
Find your closest location today! Zip Code Customer Portal
- Easily accessible on your desktop and mobile devices.
- Manage your account with ease – anytime, anywhere.
- Check your account balance, payment history, and upcoming due date(s) conveniently.
- Whenever you want, from home or while on the go, you can make a payment.
Our Customers Also Searched
1 The maximum pledge amount in Mississippi for title-secured loans, secured LOCs, and title pawns is $2,500. The maximum loan amount in Tennessee is $6,500, provided the borrower is eligible for and agrees to the $2,500 pledge maximum and the $4,000 secured loan origin maximum. Nevada residents cannot refinance, nor can they do so for Pledge products from Mississippi or Tennessee. In South Carolina, the minimum loan amount for loans secured by titles is $601.
Age requirement of at least eighteen (19 in Alabama) A credit inquiry, a car appraisal, and a title condition review are among the eligibility requirements that must be satisfied in order for an account to be approved. Must present valid government issued ID. Certain other eligibility requirements and terms & conditions apply. Loan/LOC/Pawn amounts vary by states and product. Customers of LOCs must submit to a recurring collateral review in order to keep their credit limit. Certain areas of Texas, Utah, Nevada, and Missouri require documentation of proof of income and ability to repay.
2 Personal Unsecured Loans/LOCs: Not all stores/states offer all loan amounts and products that are secured. Each state has a different first-time maximum for new borrowers on personal loans; in MS, it is $600; in SC, it is $800; and in other markets, it is $1000. Higher amounts may be available for return borrowers. In-Store: Idaho residents are not currently able to apply in person at this time. Completing all eligibility requirements, including a credit inquiry, is necessary for account approval. To apply, bring in your current bank account information (dated within the last 60 days) and a legitimate ID from the government. Should your bank account statement not display any automatic income deposits, you will also need to present documentation of your income, such as a paystub, from the previous sixty days. NV requires a bank statement in addition to evidence of gross income. Additionally necessary in Arizona is a current motor vehicle registration in your name. Min $601 in SC. The maximum loan amount for new unsecured personal loan applicants without an SSN or ITIN is $350 in other states and $601 in South Carolina. Online: Please visit us in-store to apply if you do not have an SSN or ITIN. A valid SSN, a working phone number, and a working email address are additional requirements for eligibility. You also have to live in one of the states where we presently conduct business, which are AZ, DE, ID, KS, MO, MS, SC, TN, TX, UT, or WI. Min $610 in SC. Certain other terms and conditions may apply.
– Money sent, when and where available, by ACH to the borrower’s debit card, MoneyGram, or Dash Prepaid Card Pathward, N.V. is the company that issues the Prepaid Technologies Mastercard Prepaid Card. A. Member FDIC under a Mastercard International Incorporated license The card may be used everywhere Debit Mastercard is accepted.
– Residents of California, Illinois, and Virginia: TitleMax® is still servicing existing loans in these states but is no longer originating new loans there.
– Please see our California Resident Notice at Collection and Privacy Policy: Submit a Verified Consumer Request to understand what information we collect, disclose, or sell, to request that we delete your information, and/or opt out of selling by clicking .
– TitleMax only provides an online personal line of credit in Idaho. In-person loans/applications are not available at this time.
– Important New Mexico Consumer Disclosures and Information: Please review
– Citizens of South Carolina: Kindly refer to the South Carolina Consumer Disclosures and Information.
– In Nevada, high interest and title loans should only be used to meet immediate financial needs; they should not be used as a long-term source of funding. Consumers experiencing credit difficulties ought to obtain credit counseling prior to engaging in any transaction involving a title loan or high interest loan. Ability to repay analysis with income documentation required. Proof of gross monthly income required for a personal loan. As of February 2022, obtaining a title loan or high interest loan in Nevada will necessitate a state-wide database check. Each consumer, including other lenders, is only permitted to have one loan—either personal or title-secured.
– Title pledges and secured and unsecured Lines of Credit (or “LOCs”) are provided by TitleMax in Tennessee. Customers are only permitted to have one LOC account, regardless of other lenders. Customers of LOCs are subject to an annual review and validation of their income (and collateral, if applicable).
– TitleMax of Texas, Inc. and TitleMax Online of Texas, Inc. , d/b/a TitleMax serves as a Credit Services Organization to help clients apply for loans from independent lenders. Please see store associate for details. Please see Texas Schedule of All Fees. In Texas, TitleMax does not provide pawn loans or pawn transactions. Certain TX products require proof of insurance. Maximum and minimum loan amounts may differ depending on the product, store, or the outcome of a repayability analysis.
– TitleMax®, TitleBucks®, and InstaLoan®, are not considered competitors. Please see a store associate for details.
FAQ
What is the maximum you can get on a title loan?
Generally, a qualified applicant can obtain up to 2050 percent of the vehicle’s value through a title loan. As was already mentioned, a number of factors, such as the make, model, condition, age, and current mileage of your car, affect its market value.
What is a title loan and why is it a bad way to borrow money?
If you are the proud owner of your vehicle, car title loans are a practical means of obtaining quick cash. However, because these loans have high borrowing costs and require your car as collateral, they are not risk-free.
Does a title loan hurt your credit?
Most of the time, title loans don’t affect your credit. There won’t be a hard inquiry on your credit report if the lender chooses not to perform a credit check. Similarly, since the lender won’t report your timely payments to credit bureaus, they won’t improve your credit either.
Read More :
https://www.titlemax.com/faqs/how-much-can-i-get-for-a-title-loan/
https://www.800loanmart.com/title-loan-resources/car-title-loan-value/