HOW CAR TITLE LOANS WORK

Car title loans, also known as auto title loans or pink slip loans, are a kind of collateral loan that uses the title of your vehicle as collateral to secure the money borrowed. The amount of money loaned out is based primarily on the wholesale value of your car, which means credit history doesn’t have to be taken into account. Once you fill out our quick and easy application, either online or by phone, a representative should contact you with a decision within only 15 minutes. Thanks to our superior customer service, we are able to respond to applications immediately. Once approved, most of our customers will be able to pick up their loan on the very same day they apply. Some receive their loan in as quickly as 1 hour!

Loans start at $2600 and go up to $50,000. That’s much more than what payday loans offer and unlike auto pawn loans, you don’t have to give up your car to qualify. Loan terms typically last 24 or 36 months, but since we have no pre-payment penalty, you can repay the loan any time before that, without worrying about any incurring fees or being charged unpaid interest.

So How Do I Get Approved?

To get approved for a title loan you will need a car at wholesale value of at least $4,000. You will also need to provide proof of monthly income of at least $1,200, though we accept alternate sources of income, like unemployment, disability, or retirement. Finally, you will also need to provide necessary documentation, like proof of full coverage insurance on vehicle, proof of residence, and proof of income. Following is a full list of our approval guidelines.

Approval Guidelines

  • Proof of full coverage insurance on vehicle
  • Copy of original title
  • Proof of residence (we accept utility bills, rental agreements, etc.)
  • Proof of income, with a monthly minimum of $1,200 (we accept unemployment, disability, retirement, and social security as alternate forms of income)

Refinancing Options

If you currently have a title loan with us or if you have one with another company, you can contact us today about refinancing options. We can usually offer more money and better loan terms. We’ll let you know if refinancing is an option for you and help you get started on the process.