FREQUENTLY ASKED QUESTIONS

LOANS

A title loan (or title pawn in some states) is a quick and convenient way for people who own their car or motorcycle to get cash. Getting a title loan or title pawn is simple. As long as you own your car or motorcycle and have its lien-free title, you can use it as collateral to get the cash you need from TitleMax®. We have thousands of locations from coast to coast where you can get a title loan!

Find out how to get a loan now!

There are plenty of lenders out there, but before you can decided where you should get a loan, you must ask yourself “What type of loan is best for me?”. That can be answered by figuring out how much you need and how much time you will need to pay it back. Once determined, you’ll be much more equipped to decide what type of loan you want and which lender has the best option for that loan. At TitleMax®, we have over 1100 convenient locations. Find your local TitleMax store and check out the ways TitleMax® can put cash in your pocket today!

Learn more about where you can get a loan!

Not with TitleMax®. While some title lenders do charge high interest rates, TitleMax® charges very competitive interest rates, and will develop a personalized payment plan that’s manageable for your lifestyle.

With traditional bank loans, your credit history serves as your collateral and determines how much money you can get from a loan. But it’s incredibly easy to have bad credit, or even no credit at all. At TitleMax®, we use the title to your car as your collateral, rather than your credit history. So, when you give us your car title, we give you cash. For auto title loan or pawn services, a vehicle and the vehicle’s title are required to be approved for a loan. Then, once you repay the loan, you get your car title back. A car title loan is a simple way to get the cash you need, but there are plenty other ways to make money, too.

A lien-free car title means that you own your car outright, with no outstanding loans or judgments against it. You need to have a lien-free car title to get a title loan from TitleMax.

You can get up to $10,000!* The loan amount is based upon your need and the value of your vehicle appraisal. Read “How Much Cash Can I Get A Loan For?” to learn more information.

Bankruptcy and foreclosure are severe and daunting financial events and can affect you for a long time. A car title loan or motorcycle title loan can potentially help you avoid these events or hold you over until you can gather the funds to work your way out of debt. The following articles will provide more information on bankruptcy and foreclosures, as well as tips, details, and options to help you make the best decision for your situation.

Getting a title loan is a lot easier than borrowing money from other sources. A title loan enables you to acquire the cash you need based on the value of your car or motorcycle. At TitleMax, you can get up to $10,000* cash for your title. And, the best part is you get to keep driving your car or motorcycle during the course of the loan. You may have enough money to get by, but need some extra funds for something special. Or maybe you had a rough month and need some cash now to hold you over until your next pay day. Regardless, there are a lot of ways to make more money, but one of the quickest ways is a TitleMax title loan.

TitleMax always offers its customers the most cash possible with competitive interest rates. Additionally, TitleMax has been a trusted consumer lender for over 15 years, helping hundreds of thousands of people in getting cash when they need it. With TitleMax, you never have to worry about having perfect credit check and you get your cash in about 30 minutes. Getting a title loan is fast and simple with TitleMax!

What do you need for a car title loan? Find out here!

TitleMax has been a trusted consumer lender for over 15 years and goes to extreme measures to keep our customers’ personal information safe. Your information is as safe as it can be with TitleMax.

PROCESS

TitleMax® makes the title lending process simple, and it only takes a few minutes to get the cash you need. Here’s what you do…

  1. Bring your vehicle and lien-free vehicle title to TitleMax®.
  2. Fill out an application while TitleMax® does a quick vehicle appraisal.
  3. TitleMax® will determine a transaction amount based upon your need and the appraised value of your vehicle.
  4. Upon approval, you will receive the money you need and retain the use of your car or motorcycle.
  5. Once you pay off your account balance, you get your title back.

For a more in depth look at how loans work, click here!

With TitleMax®, you can get the cash you need in as little as 30 minutes. Make sure you bring the required items when you apply for your title loan and you’ll have the cash you need before you know it. At TitleMax®, we know how to make money quick!

We offer car title pawns and motorcycle title pawns in our GA TitleMax® stores. However, if you’re looking to pawn other items at a different pawn store, learn all about the various items you can pawn. If you’ve never pawned an item before or are looking to learn more about it, read “How To Pawn An Item” for more information.

You can apply for a title loan at any one of our 1,100+ convenient locations or you can apply online here for a title loan.

We’ve made the car title loan and motorcycle title loan process simple. There are minimal requirements, so we can get you the cash you need in as little as 30 minutes. Read “How to Get Car Title Loan” for a full explanation.

You can get a copy of your car or motorcycle title from your local DMV. To get detailed instructions on the process and to make sure you have everything you need to get a copy of your car or motorcycle title, click here!

In our GA TitleMax stores, we offer a car title pawn and motorcycle title pawn. They’re similar to a title loan and basically just a pawn against your car title.

Read more to learn how to pawn your title!

QUALIFICATIONS

No, TitleMax® does not require you to be currently employed to get a title loan. But you do need to have some type of income (unemployment, disability, retirement income, etc).

Absolutely! We accept all credit types. TitleMax can approve you for a title loan whether you have perfect credit or not… you can even get a loan with no credit at all. And your credit score isn’t affected by applying/obtaining a title loan with TitleMax.** Learn more about getting a loan with bad credit!

To be approved for a title loan with TitleMax®, you must be at least 18 years old (19 years in Alabama) and have the following:

Read more to see if you can get a title loan.

Yes, the car or motorcycle title must have you listed as the legal owner to be eligible for a title loan with TitleMax®. If you are listed on the title along with another person, call the location nearest you to determine whether or not the other person listed on the title has to apply along with you.

The best way to know if you will be approved for a title loan is to stop into your nearest TitleMax with the required items. TitleMax will do a quick vehicle appraisal while you fill out an application, and in about 15 minutes you’ll know exactly how much cash you’ve been approved for.

TitleMax wants to help you no matter what your situation. That’s why in most cases we can refinance any title loan you already have with a lower rate TitleMax title loan and pay off your existing title loan.§ Visit us now and start saving money today!

Yes! It’s actually quite simple to get a loan even if you don’t have a bank account. You can still get the money you need from a non-traditional loan. It comes down to knowing the various types of loans and options out there. Learn the facts… learn how you can get a loan without a bank account!

As long as you have a source of income (disability, pension, etc.), you are eligible for a title loan with TitleMax.

If you have bad credit and you’re looking for a way to get money, we can help. At TitleMax, the value of your car title replaces the need for a good credit history; therefore, we can put the money you need in your hand regardless of your credit score. For more options and a better understanding of how you can get money with bad credit, click here.

Although your financial options are limited after bankruptcy, it is still possible to get a loan. A title loan with TitleMax may be a great way to get you back on your feet. We’ve put together some valuable information to help you understand your loan options and what your next steps should be.

Learn more about getting loans after bankruptcy!

PAYMENTS

Payment options and terms vary by state and product. Please visit our Payment Guide to learn more about your local TitleMax® payment options.

TitleMax® does not charge a pre-payment penalty. In fact, we encourage customers to pay off their title loans sooner if possible.

TitleMax® will return your title immediately after you pay back the full amount due on your account.

BAD CREDIT LOANS

Usually options are limited after bankruptcy because bankruptcy usually makes it more difficult to get approved for credit, for example a loan. Although it is still possible to get a loan. In this case the best type of loan might be a Title Loan with TitleMax®. This is a great way to get you back on your feet. Here is some helpful information to give you more understanding of your loan options and what your next steps should be. A title loan calculator will help you determine how much loan you can get after bankruptcy. This is not based on your credit score… it is based upon your vehicle appraisal and your need.

Learn more about getting loans after bankruptcy!
Learn more about how to avoid bankruptcy!

Our life is unpredictable and it can change suddenly due to an incident that comes without warning. As a result, we may need extra cash to meet sudden demands. This can become very stressful when banks turn you down for having a bad credit score, high debt, or a lot of bills to pay each month. Unlike other lenders who look at credit, TitleMax® requires that you are at least 18 years old (19 years in Alabama) and have the following:

See more at: Consolidate Debt to Improve Credit

Good News! At TitleMax®, the value of your car title replaces the need for a good credit history; therefore, we can put the money you need in your hand regardless of your credit score. For more options and a better understanding of how you can get money with bad credit, click here.

However, many lenders do require a credit check to see your credit history and your credit score. Your FICO score is calculated according to your credit history. One misconception is that FICO is the exclusive credit scoring system. There are many credit scoring models. FICO is one of them.

In the 1980’s, the Fair Isaac Corporation (FICO) set up the first general purpose credit scoring system based on credit bureau information in order to help standardize credit scores. It has since become known as the FICO score and the algorithm has been widely adopted in America. Other models include Vantage. Each credit bureau has its own system for scoring as well. The three major credit bureaus are Equifax, Transunion and Experian.

If you need cash quickly or as fast as today and your credit score is not accepted by other lenders, TitleMax® has more options to help. Get started today! Here are the simple steps:

  • Apply online
  • You and your customer service representative will decide on the amount of your loan
  • You take your cash and go along with your day!
  • Keep driving your car or motorcycle throughout the entire duration of your loan or pawn.

Find more at: FICO and Credit Score Models

Yes. We accept any credit types. TitleMax® can help you with your emergency financial needs with a title loan whether you have good credit or not… We help people get the cash they need and get a loan with no credit at all. And Applying for a title loan and getting a title loan with TitleMax® will not hurt your credit score.**

More about getting a loan with bad credit
How to get money with bad credit

  • * Maximum loan amount in Illinois is $4,000. Maximum loan amount in Mississippi is $2,500. Maximum loan amount in Tennessee is $6,500, assuming customer qualifies and accepts both the Pledge and Line of Credit. Maximum loan amount in select Texas stores is $1,340, and in others it is $10,000. Minimum loan amount in California is $2,600.
  • ** Car title loans may require a credit check in California. Motorcycle title loan and pawn approval requires satisfaction of all loan eligibility requirements including a vehicle evaluation and a credit check.
  • *** To be approved for a title loan or pawn, you must be at least 18 years of age (19 in Alabama). Account approval subject to vehicle inspection, appraisal, and, if applicable, a credit check.
  • † Proof of income is required in Illinois, Nevada, and California. In California you are also required to provide proof of residency, and a valid vehicle registration to obtain a loan.
  • ‡ Signature and personal loans are offered by an affiliate of TitleMax® and are currently only available in Florida. Account approval requires satisfaction of all loan eligibility requirements, including a credit inquiry, and, if applicable, motor vehicle appraisal.
  • § Refinancing of a competitor’s title loan is not available in Mississippi or Virginia. In Illinois, you are required to have reduced your original principal balance by 20% before refinancing. TitleMax®, TitleBucks®, and InstaLoan®, are not considered competitors. Please see a store associate for details.
  • - TitleMax® of Virginia, Inc. d/b/a TitleMax® is licensed by the Virginia State Corporation Commission, license number VTL-11.
  • - In some Texas locations, TitleMax® will act as a Credit Services Organization to assist you in obtaining a loan. Your loan may be made by an unaffiliated third party Lender. Please see store associate for details. Please see Texas Schedule of All Fees.
  • - In GA, TitleMax® offers Title Pawns.
  • - In CA, Loans are made by TitleMax® of California, Inc., California Finance Lenders Law License No. 603K014.