FAQs on Title Loans
How does a car title loan work?
A car title loan is a loan that someone gets after handing over his or her title to a lender as collateral. Car title loans are based upon car value, so credit history is not a factor in the approval process. The lack of a credit check means you can get your money faster than ever. Once you have paid your loan in full, your title will be immediately returned.
Can I keep my car during the loan period?
Absolutely! We know you rely on your vehicle to get to and from important destinations, so we would never dream of taking it away from you. Many of our customers collect their cash and drive off in the very same car they used to get their loan.
Do you perform credit checks?
We never perform credit checks, so you can be approved with good, bad, or nonexistent credit. You can even receive a title loan with bankruptcy on file. Instead of being based on your credit score, a car title loan is based on the current market value of your vehicle. This type of borrowing option is ideal for those who need money immediately and do not qualify for a more traditional loan.
How long do I have to pay back my cash advance loan?
In most instances, you will have as long as 42 months to pay back your cash advance loan. Our lenders are quite flexible, so they can work around your schedule. We pride ourselves on offering customizable payment plans, so you will not need to worry about being in over your head. If you choose to pay ahead of time, you will not face prepayment penalties.
How can I use the fast cash from my title loan?
The fast cash from your vehicle title loan can be used at your discretion. Most of the time, clients have an urgent financial need to address. Common examples include a medical bill, home repair, start-up costs for a small business, or even a last-minute vacation. You will receive your check within as little as 48 hours and be able to spend it as you wish.
My car title loan has been funded. How do I collect my money?
Once your auto title loan has been funded, it is easy to collect your money. We have hundreds of locations throughout Florida to choose from, so there is most likely a store in your neighborhood. If you prefer, we also offer a mobile lending option. A lender can meet you at a designated location and hand you your check on the spot. We want to make your experience as convenient as possible, so the choice is entirely up to you.