Online Title Loan FAQs

Answers to Frequently Asked Questions regarding Online Title Loans

What is an Online Title Loan?

An online title loan is a way to use the equity in your vehicle to borrow money. Title loans are one of the fastest and easiest loans to get qualified for.

Are Title Loans Hard to Get?

Generally title loans are not difficult loans to get. This assumes you meet the requirements for getting a title loan.

What is Required for a Title Loan?

The title loan requirements usually include: 1. A lien free title, 2. A vehicle with equity, 3. Insurance, and 4. Ability to repay the loan.

How Long are Title Loans?

This is a common question and there are misconceptions on the internet about how long title loans are. The truth is it depends on what state you live in, what type of loan you get, and the lender you deal with. Some loans are 30 days, some are several years.

Can I get a Title Loan on an Old Car?

Some lenders do have year cut offs. Our view is very different; rather than focus on high volume loans, we prefer quality loans. The fact is many older (classic) cars make excellent title loan candidates. So yes, you can get a title loan on an older car if it has enough equity.

Do Title Loans Require Phone Calls?

Many lenders prefer to verify information with a quick phone call, however it is certainly possible to get a completely online title loan without a phone call. The borrower will need to communicate through other means such as email or text.

Are Title Loans Available for Motorcycles?

Yes, motorcycle title loans are available. The same requirements apply to motorcycles as to cars. The vehicle, in this case motorcycle, needs to have enough equity to support the loan.

What is a Lien free title?

A lien free title is a title to a vehicle with no liens. This means the title holder owns the vehicle free and clear, in other words there are no existing loans. When a new or used vehicle is purchased and financed the financer adds a lien to the vehicle title. When the loan is paid completely the lienholder removes their lien.