Title Loans Pomona

Car title Loan FAQ

How do title loans work?

You are taking the equity in your car and using it for a loan. Think of this as pawning your car without leaving it with us. You still drive it.

How old do you have to be to get a title loan?

Minimum age is 18 yrs

How do interest rates work on title loans?

Our rate is 7.5% per month on loans over $5000 and 8% for smaller loans.

How long do I have to pay off the loan?

We set up the paperwork to go 2-3 years depending on the size of the loan.

I only need the loan for a month or so. Does that change anything?

You have no prepayment penalty so you can have the loan out for as little as a month if you wish.  

How easy is it to get a title loan?

Probably the easiest way to get money fast ever. We have taken the entire process, looked for ways to streamline it and then tested this over thousands of customers. The end result? We can do a loan from application to money in hand in under and hour. Not days.

What documents are needed?

• Copy of your drivers license
• Original Title
• Insurance
• References
• Proof of residence (verify where you live)
• Proof that you have some income of at least $1500 a month 

Is it faster to drive into your location first?

Although you are always welcome to come to our location, this may actually slow things down as the local branch office will have to still communication with corporate on your loan so you can avoid the sitting in the lobby and just do everything online much quicker.  

Do I have to have a job?

You have to have income of at least $1500 but it does not have to come from a job.

Does my car need to be paid off?

No. We can pay off other loans for you.

My car is registered in another state. Can I still do this?

Your car must be from the same state in which you live.

Can I get a loan based on two cars combined to get more money?

No, we only give a loan per car per person.  

Does getting a loan with you help me with my credit in the future?

Absolutely it does since we report.

I have a car title loan with someone else. Can you help with this?

Just let us know and we will pay them off immediately and get you in a better payment plan with us and typically at a better rate.

Do I have to have a bank account?

Only if you are self employed but otherwise no.

Do I have to mess with the DMV?

We do all the DMV work for you. No hassles with them.