HOW MUCH CASH CAN I GET?
Frequently Asked Questions
What is a Title Loan (Title Pawn)?
A title loan (also referred to as a title pawn) is a fast and easy way to get access to cash quick. Getting a title loan with Title Loan SOS is easy. If you own your vehicle and have a lien-free title, you can use at as collateral to access quick cash via Title Loan SOS.
Why is Title Loan SOS the best option?
With competitive interest rates, we can offer you more for your money. When providing your financial information you want to feel safe, and Title Loan SOS can provide security. Title Loan SOS has provided thousands with title loans since 2006. Title Loan SOS also makes getting a title loan convenient, fast, and easy.
What is a lien-free car title?
If you are still making payments on your vehicle, you do not have a lien-free car title. In order to qualify for a car title loan you must own your vehicle outright, with no withstanding loans.
How Does the Title Lending process work?
Customers bring the car titles to Title Loan SOS.
Fill out the online application
An appraisal is done on your vehicle
Title Loan SOS determines the loan amount based on the vehicle appraisal
Once approved the cash is transferred to your account
Once you have paid off your loan balance, Title Loan SOS returns your car title to you.
I have bad credit. Can I still qualify?
Yes! Title Loan SOS does not use credit scores to qualify customers. Title Loan SOS uses the appraisal of your vehicle to determine loan amount, not your credit score.
How do I qualify?
To get approved for a title loan from Title Loan SOS you must be 18 years or older (19 in Alabama). You must own your vehicle, and have a lien-free car title. You must show proof of income, and present a government-issued ID/Driver’s License.
Good credit is not a title loan qualifier, instead we use the appraisal of your vehicle.
Does the car title have to be in my name?
Yes, the car title must be legally in your name in order to use it to take out a line of credit or get short term funding. In order to take out a title loan with Title Loan SOS you will need to show proof that the car title is in your name.
Do I need to be employed for a title loan?
Employment is not a qualification, but income is. Customers must show proof of income when applying for a title loan with Title Loan SOS.
If I am disabled or retired can I still get a title loan?
All sources of income make you eligible for a title loan with Title Loan SOS. Be prepared with proof of income when applying.
How much cash can I get from Title Loan SOS?
Title Loan SOS IS NOT A LENDER, but a lender matching service. Most lenders in our network can provide you with up to $25,000 in funding.* This amount varies from state to state. The amount you can receive depends on the value of the vehicle determined by an appraisal.
*The maximum amount offered in Mississippi and Tennessee is $2,500, $4,000 in Illinois. The maximum amount may also vary from state to state.
How long does it take to get approved?
With Title Loan SOS you can get approved in less than 5 minutes.
How can I get my title back?
By paying off your title loan. Once paid off the lender in the Title Loan SOS will return your car title to you as soon as you have repaid your title loan.
Are Title Loan interest rates high?
The lenders in the Title Loan SOS network offer competitive title loan interest rates, lower than many of our competitors.
Is my personal information protected?
How do I make a payment on my Title Loan?
Title Loan SOS lenders accept many forms of repayment. The terms of your title loan and repayment will be established when you are approved.
Is there a pre-payment penalty on my title loan?
The terms of pre-payment will be discussed with you prior to you signing the loan by the lender that you are approved with.