Explore the Potential of Your Car in Indiana

Unlock the financial potential of your vehicle right here in Indiana, with LoanCenter. By using your vehicle as a type of collateral, we can help you secure the loan you need. The beauty of this process is that you don’t need to surrender your car keys to get the loan. As long as you maintain your monthly payments, you can continue using your vehicle. Plus, consistent on-time payments have the potential to boost your credit score.

Find a Location by City

Car Title Loans: How do They Operate?

The beauty of car title loans is in their eligibility requirements. If you own a vehicle, have a steady source of income and can demonstrate your repayment ability, you could qualify for a car title loan.

Here’s how it works:

The value of your vehicle acts as a determining factor in how much you can obtain as a loan.

utilize your car as security for your loan

The benefits of this type of loan are that you still get to use your car, and it could improve your credit score!

What Is a Car Title Loan?

Understanding Car Title Loans

While most loan processes review your financial history, credit score, employment record, and existing debts to determine your creditworthiness, car title loans take a slightly different approach. Once approved, a car title loan allows you the freedom to use the loan for any purpose1. The loan amount largely depends on the value of your car, instead of your financial history.

Benefits of a LoanCenter Title Loan

The LoanCenter Difference in Indiana

At LoanCenter, we understand that each borrower has a unique story, which is why we provide loans to individuals with varying credit standings. Here in Indiana, the benefits of a LoanCenter Title Loan include:

  • The use of your vehicle as collateral for the loan makes qualification easier.
  • Our application process is straightforward and quick, potentially getting you the money swiftly.
  • We offer competitive interest rates for car title loans, often lower than our Indiana counterparts.

At LoanCenter, we’re more than just a loan provider – we’re a reliable partner in times of need. Contact us today and discover how we can assist you.

Our Auto Loan Process

You may be eligible to borrow money against the equity in your car. With a car title loan, you can borrow cash by applying for a title loan. If you accept your loan offer, you will be approved for a title loan. Finding out how much you qualify for is fast, easy, and free! Find out how much you can borrow by submitting your loan application.

1

Get Pre-Qualified

Fill out the form or call us at (866) 553-3840

2

See Your Offers

Let one of our LoanCenter Loan Officers show you how much you qualify for.

3

Submit Docs

Submit all your documents and finalize your loan paperwork

4

Get Your Cash!

Receive your cash—it’s
really that easy!

Quick Tips to Speed Up Your Loan Process

Getting approved quickly is achievable by following these steps:

  • Submit accurate documentation regarding your vehicle.
  • Ensure you provide all the necessary documentation alongside your application.
  • Be prepared to provide proof of identity, vehicle title, and proof of income.

By providing these documents, we can expedite the process and determine the maximum loan amount you are eligible for. Our loan officers will reach out to you once we receive your information. You can also contact us through our toll-free number for any queries or assistance. If you are content with the loan amount you qualify for and wish to proceed with the car title loan, we will guide you through the rest of the paperwork. Call a LoanCenter representative today to find out what additional documents you may need to submit. Preparing these documents in advance can speed up your application process, helping secure your car title loan as quickly as possible.

If you want to find the LoanCenter closest to you, try using our Licensed Partner Locations tool today.

Locations

Find an authorized partner near you

Searching Dealers
searching for dealers

What to know more?

Here are some of the articles we’ve written to make things a little easier to understand.

Drive Your Dream: Effortless Ways To Save Money For A Car

Drive Your Dream: Effortless Ways To Save Money For A Car

A car is a necessity for the majority of people because it is their only means of transportation for getting to work, school, grocery stores, and more. However, a car isn’t a small purchase, and most will have to save money to buy one. There are many reasons why it may be crucial to save
How to Refinance a Car Loan With Bad Credit

How to Refinance a Car Loan With Bad Credit

If you’re struggling to make payments on your car loan, you may dream of being able to turn back the clock and find a loan with better terms. Fortunately, you can turn this dream into a reality by refinancing your car loan. Refinancing is the process of taking out a new car loan to replace
The Best Retirement Destinations in the U.S.

The Best Retirement Destinations in the U.S.

There are more than 76 million Baby Boomers, and many of them are either already retired or close to retiring. Gen X isn’t far behind, and the oldest members of the sandwich generation might start eyeing retirement in the next few years. For seniors who are ready to embrace the relaxing years of retirement, choosing

FAQ

Indiana Loan FAQs

What is an Indiana title loan?

An Indiana title loan is a short-term loan where you use your car’s title as collateral.

How do title loans work in Indiana?

Borrowers take out a loan based on the value of their car. The lender holds the car title until the loan is paid in full.

What are the requirements for a title loan in Indiana?

You must own your car, have a lien-free car title, and often need a regular income source.

How much can I borrow with a title loan in Indiana?

The amount can vary based on the vehicle’s value and your ability to repay, anywhere from a few hundred to a few thousand dollars.

Can I get a title loan in Indiana if I have bad credit?

Yes, title loans are often available to people with bad credit or no credit history.

Where can I get a title loan in Indiana?

There are numerous title loan companies throughout Indiana, both physical and online.

Can I keep my car if I take out a title loan in Indiana?

Yes, typically, you can keep your car while repaying the title loan.

What happens if I can’t repay my title loan in Indiana?

If you can’t repay your title loan, the lender can repossess and sell your car.

How quickly can I get a title loan in Indiana?

Title loans in Indiana can often be obtained within a day or even a few hours.

Are title loans in Indiana regulated?

Yes, title loans in Indiana are regulated by state laws to protect borrowers.

Can I get a title loan in Indiana without a job?

It depends on the lender; some require proof of income, while others only require proof of ownership.

Can I renew or extend my title loan in Indiana?

Yes, some lenders will allow you to roll over your title loan for an additional fee.

Can I obtain more than one title loan at a time in Indiana?

In most cases, no. You can only take out one title loan per vehicle.

Are there alternatives to title loans in Indiana?

Yes, alternatives can include payday loans, personal loans, or borrowing from friends and family.

How much interest will I pay on a title loan in Indiana?

This varies by lender, but title loans tend to have high-interest rates.

What happens if my car is repossessed in Indiana?

If your car is repossessed, the lender will sell it. If it sells for less than your outstanding loan balance, you may still owe the difference.0

Can I get a title loan on a motorcycle or RV in Indiana?

Yes, many lenders offer title loans on motorcycles, RVs, and other vehicles, not just cars.

Is there a maximum amount for a title loan in Indiana?

The maximum amount will depend on the value of your vehicle and the specific lender’s policies.

Can I refinance a title loan in Indiana?

Yes, some lenders offer refinancing options for title loans.

How old do I need to be to get a title loan in Indiana?

You must be at least 18 years old to take out a title loan in Indiana.

CAR TITLE LOANS

What is a car title loan?

A car title loan is a personal loan that is secured by the borrower’s vehicle. The loan amount is based upon the vehicle’s value and the borrower’s ability to repay, making your credit score a less important factor. The borrower gets to keep driving the car while the loan is outstanding.

What do I need in order to get approved for a car title loan?

The amount you are approved for will depend on several factors, including:

  • Your Car’s Value
  • State Laws
  • Your Income
  • Type of Vehicle

How much does my car have to be worth?

In general, the car needs to be worth more than the amount of money you borrow. It takes only a few minutes to find out how much you can borrow, and there is no charge and no obligation to find out.

Can I get a car title loan if someone else’s name is on the title with mine?

Yes. We can offer a loan if more than one name is on the vehicle’s title.

Can I get a car title loan if I cannot find the title to my car?

Yes. We may offer a loan if you have lost or misplaced the vehicle’s title.

Do I get to drive my car while the loan is outstanding?

Absolutely! One of the benefits of a car title loan is that you can keep driving your car while the loan is outstanding.

What is the cost of my credit going to be?

Our interest rates vary depending on the state of residency of the borrower, creditworthiness, collateral, and the terms agreed to. Our annual interest rates vary between 35.50% and 199.99%. For a typical loan of $4,000 with an 80% APR and a 24-month term, the payment is $338.61 and the total scheduled interest is $4,126.87. The interest on the loan may vary depending upon the timing of the payments made.

 

For Utah residents only please click here to see our Utah Fee Schedule.

For Missouri residents only please click here to see our Missouri Fee Schedule .

Is it possible to have a co-signer on my car title loan?

Yes. You can have a co-signer on your car title loan. The co-signer will need to sign a credit application and provide identification, proof of residence, and proof of income. We keep all non-public personal data private and will not let the borrower see the co-signer’s data and vice versa.

For more questions and answers, head to our Frequently Asked Questions page.

Store Locator > Indiana