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Where can you get a car title loan?

Not a lot of pawn stores provide car title loans. The reason is that using a car as a collataral is too much work and effort for some of the pawn shops. Hence they prefer to say away from it. But there are few stores that specialize in providing car title loans. To find pawn shops in your are that work with car title loans use our search bar and find a listing of all pawn shops in your surrounding. This will also provide you with a list of products they work with.

In a car title loan, the lending company evaluates the price of your car based on wholesale values and then gives you a loan based on what it thinks your car is worth. The lending company then holds on to your car's title until your loan is repaid. The loan isn't similar to when you bought your car. This loan is a short-term loan with a hefty interest rate; if you don't pay back the money within a set time frame - with interest - you've essentially sold your car to the lending company by default.


Because this type of loan is based on equity you've built up in your car, with most title loan companies, you will be required to own your car outright. If you still owe money on your car loan, your car's title is still in the hands of the bank, so you can't use it as collateral for a loan. Other requirements may include a minimum age, proof of your residence and proof of your income.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.

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