What is a Car Title Loan?
What is a Car Title Loan?
A loan provided to a borrower by using a free/clear car title or almost paid off car loan as collateral. The potential borrower will be required to have the car's value assessed by us. A line of credit is then provided based on that assessment.
How long have you been in business?
How long have you been in business?
We have been in the conventional car loan business for more than 15 years. As a car title loan company, we have been licensed since 2012 and has helped numerous individuals who needed quick fast cash.
Are you a licensed lender?
Are you a licensed lender?
Yes. We are licensed by the California Department of Business Oversight. Title Loan business is heavily regulated by the state of California, subject to compliance and regulatory requirements. All loans are pursuant to the Department of Business Oversight Lenders Law License and in compliance with California Financial Code.
What is the minimum and maximum amount I can borrow?
What is the minimum and maximum amount I can borrow?
Amount typically runs from $2,510 to $10,000, depending on the book value of the vehicle .
How long do I have to pay back my loan?
How long do I have to pay back my loan?
We will offer you a payment plan that fits you best based on your payment capacity, and we will work with you to make that possible. Our loans typically range from 12 to 36 months, but some can go up to 48 months.
Do I keep my car during the loan period?
Do I keep my car during the loan period?
Absolutely! You continue to drive your car while you have the loan outstanding. We just hold the car title for collateral.
When is my first payment due?
When is my first payment due?
Your first payment is due 30 days after you receive the money.
Why choose a Car Title Loan over a traditional bank loan?
Why choose a Car Title Loan over a traditional bank loan?
Car title loans have fewer requirements and are processed a lot faster compared to traditional bank loans. We understand your emergency needs that is why our loan process is quicker and easier!
Is there a penalty if I pay off my loan early?
Is there a penalty if I pay off my loan early?
No. There is no penalty to pay off your loan early.
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