TitleMax Personal Installment Loans


As one of the largest title lending companies in the U.S., TitleMax® has garnered a positive reputation. People across the country trust us to provide them with title secured loans when they find themselves in an unexpected situation that requires additional funds. Despite the popularity of our car title secured loans, however, they’re not the best fit for everyone’s situation. Fortunately, in select states, we also offer personal installment loans. Providing this type of loan as an option for our clients allows us to help as many people as possible through life’s more expensive emergencies.

What Is a Personal Installment Loan?

Personal installment loans are loans in which the borrower repays the lender in periodic installments. It’s an alternative loan option that’s suitable for those who don’t want to wait around for approval for a traditional loan or those who don’t meet banks’ stringent standards for qualification. As with our title secured loans, personal loans from TitleMax® offer a faster application process, but they differ from title secured loans because they are unsecured, meaning that you can apply for a personal installment loan even if you do not own a vehicle with a clear title.

What Are the Eligibility Requirements?

While collateral isn’t a requirement if you want to get a personal loan, there are a number of basic things that you must supply us with in order to qualify.
These requirements include:

  • Your driver’s license or a Matricula Consular card
  • A pay stub from the past 30 days or any approved proof of income
  • Proof of residency, such as voter registration or a mortgage statement
  • A bank statement dated within the past 45 days
  • A voided check

In addition to these general requirements, you’ll need to submit two pay stubs if you are approved for a loan that’s more than $1,000, and these larger loans will be disbursed by direct deposit. Before applying for one of our personal loans, keep in mind that we will not be able to approve borrowers who currently have an outstanding loan with us.

TitleMax® personal loans are currently available in Utah, Wisconsin, and most Texas and Missouri locations. Other states will be added soon!

Repaying TitleMax Personal Loans

Customers with a personal loan may pay us, depending on the state, in weekly, bi-weekly, semi-monthly, or monthly installments. Every payment includes part of the principal, interest and fees, which results in the loan being paid in full by the final payment. Customers who prefer not to come into our stores to make payments or who worry that they may forget to make a payment may choose to have their bank account debited electronically via ACH (the national electronic payment processing network) for their convenience. This is not required, but choosing this option will grant you an improved interest rate.

How Do I Apply?

When you find yourself facing an unexpected expense and saying “I need a personal loan!” turn to TitleMax®. You can conveniently start the application online from the comfort of your couch or wherever you have Internet access. Another option is to simply visit one of our select MissouriUtah, Texas, or Wisconsin locations nearest you. At our stores, you can both complete an application and speak with a representative in person. If you have any questions regarding our personal loans, contact us by email or chat or call us toll-free. We look forward to serving you.

  • * 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. 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 requires satisfaction of all eligibility requirements, including a possible credit inquiry, and a motor vehicle appraisal. Certain other terms and conditions apply.
  • † Proof of income is required in Illinois, Nevada, some Texas locations, 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 Texas, TitleMax® acts as a Credit Services Organization to assist customers in obtaining a loan through 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.
  • - New Mexico Consumers: please see important New Mexico Consumer Information and Disclosures.