What is a car title loan?

Car title loan is a loan that uses your vehicle as collateral to lend you the cash you need. Your car title loan approval takes into account your ability to repay. There is a lien placed on the title of your car and in return you get the cash you need. Once you pay off your loan, the lien is removed. You get to keep driving your car throughout the process. 

Shopping for a title loan?

If you’re looking for a car title loan from LoanMart or TitleMax, you owe it to yourself to get a free comparison quote from us! Please fill out the form above and one of our friendly staff will let you know for how much money you may qualify. By comparing loan amounts and terms from several companies, you’ll have the peace of mind that you have the best deal.

What if I have poor credit?

Even if you have less than perfect credit, you may still qualify for a car title loan. Since a car title loan uses the equity in your car as one factor in approving your loan, your credit score is less of a factor in getting an approval. You will need to provide satisfactory proof-of-income in order to be approved.

What is my Minimum and Maximum period of repayment?

Our loans range from 24 months to 44 months repayment period, depending on the specific loan.

What is the APR for LoanCenter’s Gold Loans?

The APR for the Gold Program is 35.99% APR for all qualifying customers, meeting all necessary criteria as stated below.

What is the cost of my credit going to be?

The APR for our Gold Program is 35.99% for all qualifying customers, but can be lower depending on your creditworthiness, collateral, and agreed-upon terms. Loan amounts start at $5,500.00 with a term of 24 to 44 months. Most Gold Program loans will be charged an administration fee (origination fee) in an amount ranging from $262.00 up to 5% of the amount financed.

For a typical Gold Program loan of $7,500.00 with a 35.99% APR and a 38 month term, the payment is $333.73 and the total scheduled interest is $4,731.74. The interest on the loan may vary depending upon the timing of the payments made. There is no prepayment penalty. This means that you can pay off your loan at any time without penalty, and you will only be charged interest during the time that you have an outstanding balance. However, the administration fee (origination fee) is not refundable.

What is necessary to qualify for a Gold Program Loan?

  • 600 FICO or higher
  • Minimum loan amount $5,500
  • Collateral of acceptable value
  • Ability to repay
  • Clear Title

Car Title Loans Online

LoanCenter provides you the unique opportunity to submit an inquiry online and complete your process rapidly. The application process is simple and we can tell you the amount for which you qualify.

The application process is easy:

  • Fill the form on the top right
  • Complete your application and find out if you qualify
  • Get a Pre-approval
  • Submit all necessary documentation
  • Get your cash

When you’re in need of cash, LoanCenter can help you. Apply today!

Subject to specific underwriting criteria and ability to repay. In order to qualify, customers must have a 600 FICO score or greater. Principal amounts for Gold Loans start at $5,500 or based on state minimum. Other restrictions apply. Not all applications will be approved.