Our team of lending experts provides in-depth articles and blog posts that cover a wide range of topics related to car title loans in California. Whether you're curious about how car title loans work or the alternatives, or if you just want to see how much you can borrow, we've got you covered. Our most recent posts explain some of the negative aspects of using your vehicle to get funding and why it's essential to consider other financial options. We also feature insights into the specific requirements in California to get a car title loan, including the latest credit criteria to get approved. Use these blog articles to make an informed decision about car title loans!
31Mar2021
You don't need a good credit score to be approved for a same day car title loan in California! Since you use the equity in your vehicle as collateral to get a car title loan online, the lender cares more about your car's condition than if you have bad credit. You'll still want to work to improve your FICO score by showing an ability to repay the loan balance. By improving your score, you can avoid high interest rates and focus more on a bank or personal loan. [...]
16Jun2022
You can borrow much more with a title loan than you'd ever get with an unsecured lender. That's because your car's pink slip is the collateral for a title loan, and lenders are more willing to offer high loan amounts with security backing up the loan. The title loan value of your vehicle is typically 50% of its value, and some customers can borrow up to $20,000 in California! [...]
20Jun2022
Are you considering a title loan refinance to lower your existing loan's monthly payment and interest rates? Many companies will refinance your current repayment terms and bring down the APR to a more manageable level. Contact your lender to see if they can refi your existing car title loan. [...]
24Aug2022
The documents and paperwork required for a title loan are far less than expected. Most lender requirements for title loans consist of your car's title and employer information. The application process can be done online or in person, and we often see approval in a few hours. Sometimes your lender will let you pick up funds on the same business day. So, you can have cash in hand for your car title within a few hours if you know what the lender requires. [...]
25Oct2022
Cash out equity from an older vehicle and use it as security for a title loan. Classic car title loans can be an effective way to borrow money a high value older vehicle as collateral. Some title loans on classic cars from the 60's and 70's can fund for $20,000 or more! [...]
08Dec2022
Anyone facing a scenario where they can't afford the monthly payment on their title loan may want to consider a buyout. With a title loan buyout, you can save a large amount of money by lowering the monthly payment and APR on your loan. Buyouts are also an option if you're behind on your payments and want a fresh start with a new lender. [...]
21Dec2023
Are you facing an imminent default on your title loan? Is your lender threatening to repossesses your vehicle? Luckily, you have rights in California and there are certain regulations a title loan company must follow to legally repossess a car or truck. [...]
23Apr2024
Do you own a vehicle with a salvage title? Sometimes, you can borrow cash using a rebuilt title as collateral. Like a car title loan, you don't need good credit and loan amounts start at $2,500 in CA. Most salvaged vehicle's can qualify as long as they're worth $4,000 or more! [...]
09May2024
Chapter 13 Bankruptcy can be a great way to get rid of your unsecured debt, but it also makes it hard to qualify for any type of loan. Some of our customers apply for a title loan while in active bankruptcy proceedings and most will not be approved. Find out what you can do to get a title loan regardless of your past bankruptcy or credit issues! [...]