Get Cash Fast.
Apply Now & Have Cash In Your Hands In As Little As 24 Hours.
Loan terms are typically 24-44 months to keep a comfortable payment but there is NO prepayment penalty.
GET CASH FAST
Apply Now & Have Cash In Your Hands In As Little As 24 Hours.
Loan terms are typically 24-44 months to keep a comfortable payment but there is NO prepayment penalty.
1.
APPLY TODAY
You can apply for free online or over the phone 7 days a week
2.
GET APPROVED
Find out if your vehicle qualifies with a hassle-free experience
3.
SIGN THE FORMS
Submit required documents and signatures
4.
GET YOUR MONEY
Pick up your money at a variety of convenient locations or we’ll have someone come out to you
What Is A Car Title Loan?
A car title loan is a type of secured loan in which your vehicle is used as collateral. With this loan option, you’ll borrow against the value of your vehicle. This means that a lender will use your vehicle’s value in order to determine the loan amount you’re eligible for.
After signing the loan agreement, you will still be able to use your vehicle, with the stipulation that you transfer the title of the vehicle to the lender.
In the event you default on the loan, your vehicle ownership is transferred to the lender in order to repay the loan. Once you are able to repay the loan in full, the title of your vehicle will be transferred back into your name.
A Loan When You Need it the Most
If you don’t meet the typical loan requirements at a large financial institution or a bank, then a car title loan can be a safe alternative and one that doesn’t have the type of lengthy approval process that you can expect from banks or other types of lenders.
In the event of an emergency, a car title loan can be the financial solution you need when you’re hit by an unpredictable life event. A bank is not able to provide the same type of immediate support.
Financial emergencies call for a fast solution. However, lenders such as Rapid Cash Loans can provide the type of immediate financial solution you need.
We provide faster loan approvals, in a matter of minutes. Even if you have a low credit score, you can still qualify for a car title loan, if your vehicle qualifies.
To learn more, contact us today to find out how you can qualify.
This type of alternative loan is a great option for people who:
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Need cash now
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Need an urgent loan to pay an unexpected bill, funeral expenses, utilities, food, or home repairs
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Need to pay rent
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Are in credit card debt
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Have poor credit
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Own a vehicle
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Were not approved for a loan by a larger financial institution
Loan Amount
The loan amount you qualify for will heavily depend on your vehicle and its current market value. In most cases, vehicles that are newer than 2000 can receive a higher loan amount.
How Your Car Is Valued
A car title lender will ask for five things concerning your vehicle. If you know your vehicle’s VIN number, this can make the estimate process easier for the lender, allowing them to provide an accurate value.
Once You’re Preapproved, You MAY Need The Following
Below, you’ll find a list of requirements. These requirements can vary from lender to lender, however, we’ve found that most lenders will request the following information, which can help them to determine if you’ll qualify.
A lender will request verification of the condition of your vehicle, including an image of the odometer.
Proof of Income
Proof of Address
Proof of Insurance
Title of vehicle
Government issued photo ID or driver’s license
Three personal references from people who are not related to you
Images of all four sides of your vehicle, including an image of the odometer and VIN number
Frequently Asked Questions
The first step is to fill out the quick pre-approval web form. Our lenders will ask for a full application if it looks like you have a strong possibility of getting the loan. The pre-approval web from is only a few questions and will tell us about you and your vehicle. Once we know this, we can figure out what lender will work for you and connect you to that lender. In some cases the lender may tell us the pre-approval amounts and ask us to help you with the process… to a point. The very private information will be between you and your lender and not us. Once you know what you can get you can decide if you want the loan and proceed of not… and all this is without ANY cost to you. If you get the loan, then you would pay the lender, not us, for the loan and interest and any fees incurred.
This is a secure loan based on the equity value of your vehicle and your ability to repay the loan. You still get to drive the car but you also get the cash.
* Govt. issued photo ID (Like an I.D. or Driver license).
* F Free and Clean Title in most cases but some lenders will allow a small amount to pay off on your behalf.
* Three references not related to you.
* Insurance.
* Social Security Card (or a Document on which your name and SSN both are listed)
* A checking account may be needed in some states (we can help on this too!).
No. One loan, one car, one person. If you are married and the title is in both of your names, each person can get a car title loan seperately in most cases and the ability for both of you to repay the loan.
In the Los Angeles area and parts of Florida and Texas yes. All other areas no.
Yes. If you are traveling out of state, you will need to sign the paperwork in the state of which you live.
Well that's a maybe. Most lenders we work with can incorporate the last couple payments into a car title loan but this is only done on newer cars.
Not at all. That is one of the great things about a car title loan. You can have little, bad or even no credit at all.
Some of them do. Most are looking to see if you are in active credit counseling prior to bankruptcy or in active bankruptcy now. They know your credit may not be that great because that’s why you need a loan – to help out.
This varies but we want to give you a pretty clear answer here. Title loans are high interest loans and are meant for short term needs. Interest rates vary by company and by state. Some are as low as 52% per year compounded daily and some go into the 200-300% range per year. In our experience we have seen an average of about 96% per year compounded daily. The best way to think about this is take out one dollar and you pay back a little less than two… if you kept the loan out for a whole year. You can triple that if you take it out for 3 years.
You have to have some sort of income period. We are more concerned about the fact that you have a way to pay the loan then the question if you are employed. You can be self- employed, or even receive income from some source other than an employer but we will require that you show there is some income to cover the payments.
Yes. You can even be on disability. The key issue is that you have a source of income to pay the loan.
In some states we have seen people get their money in less than 30 minutes. Other states a few days. We will have you pre-approved in a matter of minutes. Then the paperwork is about 15 minutes of your time. Of course, plan on spending some time picking up your money.
100% yes. The lenders do not hold your vehicle at all.
Actually yes in most states if you want to. You will need to call us to see where this is available but we can help.
Yes and No. You may be thinking about a payday loan which does require this but we do not require a bank account at all in the majority of the states BUT there are some states you do like Florida.
We are like you on this issue. We care a great deal about your privacy. You should know that we will never sell or distribute any information you give us to anyone other than the direct lender. We will not do business with a lender that sells or shares your information with anyone other than themselves. Additionally, your information is safe because we do not distribute your private information to multiple lenders, only one at a time based upon you’re okay that the first lender was not the car title loan company you wanted. We will then take the title loan information and send it to another lender but only upon that condition.
We use the standard and the enhanced information. The standard information is the vehicle mileage, year, make and model but we go further with our enhanced process and add to it the color of the vehicle, the condition, the edition of the model, the engine size and the options that the vehicle has installed like a sunroof or if it has leather seats. The more you tell us about your vehicle the greater we can give you a loan amount to the max...MaxCash!
You will need to apply at the Secretary of State for a duplicate title. There are exceptions to this rule so let us know that this situation exists.
If it is a spouse then whomever the title name is will have to sign the loan documents but if it is someone you do not know or a friend, then that will not work.
You will get a release of the lien upon paying off the loan and you can then attach this to your title or send it in to the Secretary of State to have a fresh title without the lender on there.
This is a great question so let's discuss it openly. The fact is you are using your vehicle to get a loan. You are telling the lender that should you not pay the loan, that they can get the vehicle from you for sale so they can pay off the loan and give you the remaining proceeds if any. The fact is most lenders dislike doing this and it us used as a very last resort because not only is it very expensive to do this but also they know that you will never want to be a customer again. They also know that they will lose money when they auction it off and the end result is no-one wins! Most Lenders will do whatever they can to make sure that you can pay this loan and you will return as a happy customer. They want your word-of-mouth business and to do this they have to lend responsibly and you have to borrow the same.
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