How Do Car Title Loans Work? Are Title Loans a Good Choice?

$500 - $1500. Fast application, instant approval decision. Good credit not needed
Get Started
Pressing "GET STARTED" button,
You agree with our Privacy Policy
Google trust

Suddenly finding yourself short of cash to pay an urgent expense like a medical, repair or utility bill can come as a major shock. You may think that a bad credit score rules out getting any kind of emergency loan - what are you supposed to do?

Luckily, there are some options still available to you. A car title loan, in particular, can make your life a lot easier. Other kinds of title loans do exist, but almost all involve the title to a vehicle.

Bad Credit

Title Loans in Brief

  • Require you to own the title to a vehicle or other asset (you've paid off the auto loan, for instance),
  • Title loans are easy to get regardless of your credit score,
  • Approval is very fast, making a title loan a handy option in an emergency,
  • Interest rates are high, so you should use title loans with caution,
  • A title loan is guaranteed by your vehicle, so it may be repossessed if you don't repay the loan.