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Help You With A
Personal Loan!

Can you get a personal loan from TitleMax?

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Individuals who complete an application for a personal installment loan and meet our requirements are eligible for a personal loan from TitleMax® provided that they do not currently have an outstanding loan with us.

How do you qualify for a personal loan?

To qualify for a personal installment loan, customers cannot have an existing loan with us. They must also provide us with certain documents, including:

  • A driver’s license or some other valid form of government-issued identification, such as a matricula consular card or passport
  • A pay stub from within the past 30 days or some other proof of income. For loans greater than $1,000, two consecutive pay stubs are required.
  • Proof of residency in the form of a utility bill, voter registration, lease agreement, or mortgage statement
  • A bank/ active checking account statement from within the past 45 days
  • A voided check
  • (In AZ) Valid Motor Vehicle Registration in your name

What banks offer personal loans?

Numerous banks across the country offer personal loans, but for many people, they’re not a good option. Bank loans often have lengthy approval processes and require flawless credit. If you don’t have time to wait around while a bank decides whether they want to approve you for a loan, turn to TitleMax®.

Can you use your car as collateral for a personal loan?

No: Our personal installment loans do not require any form of collateral.

Is direct deposit necessary?

Direct deposit of your loan disbursement is only required when the loan amount is greater than $1,000.

Can repayment be made electronically?

Yes, we offer our customers the option of making electronic payments through the Automated Clearing House, or ACH, the nation’s largest electronic payment processor.

What are the benefits of making payments through ACH?

When you select the ACH payment option, your payments will be made automatically, without any effort from you. There’s no need to come into our store, and you won’t have to worry about accidentally forgetting a payment. Preferred pricing is also given to our customers who opt for ACH repayment.

How often are installment payments made?

Repayment on personal installment loans varies by state but options include weekly, biweekly, semi-monthly and monthly basis.

What’s included in each payment, and when is payment due?

Your installment payments will include principal, interest, and fees. This helps ensure that your loan is paid off entirely by the end of the loan’s term if you pay on or before your due date.

What determines the term of the loan?

The amount of your loan and your pay schedule helps us to determine the term of the loan, and the frequency of your due date.