How Much Can You Borrow With a Title Loan?
Use our free calculator to estimate your potential title loan amount, monthly payments, and total cost. Know what to expect before you apply.
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Check Kelley Blue Book or NADA for your vehicle's trade-in value
Disclaimer: This calculator provides estimates only. Actual loan amounts, interest rates, and terms vary by lender and state. Title loans are high-cost loans and may not be suitable for everyone. Failure to repay may result in loss of your vehicle. Consider all options before borrowing.
How Title Loan Amounts Are Calculated
1. Vehicle Value
Lenders use resources like Kelley Blue Book or NADA to determine your car's wholesale value. Year, make, model, mileage, and condition all factor in.
2. Loan-to-Value Ratio (LTV)
Most lenders offer 25-50% of your car's value. A $10,000 car might qualify for a $2,500-$5,000 loan. Some lenders go up to 60% for excellent credit.
3. State Regulations
Some states cap title loan amounts or interest rates. California limits loans to the fair market value of the vehicle. Other states have no limits.
4. Income Verification
Lenders want to ensure you can repay. They may verify income and limit loans based on your ability to make monthly payments.
Important: Understand the Risks
- • Title loans have very high interest rates (often 100-300% APR)
- • If you can't repay, you could lose your car
- • Rolling over loans increases your total cost significantly
- • Consider alternatives first: personal loans, credit unions, family
Frequently Asked Questions
How much can I get for a title loan on my car?
Most lenders offer 25-50% of your vehicle's wholesale value. A car worth $10,000 might qualify for $2,500-$5,000. Some lenders offer up to 60% for newer vehicles or borrowers with good credit.
What's the typical APR on a title loan?
Title loan APRs typically range from 100% to 300%, though some states cap rates. A 25% monthly interest rate equals 300% APR. Always ask for the APR, not just the monthly rate.
Do I need good credit for a title loan?
No, title loans are secured by your vehicle, so credit scores are less important. Most lenders approve applicants with bad credit or no credit history. Your car's value and your income are the primary factors.
Can I get a title loan if I still owe on my car?
Some lenders will work with vehicles that have existing liens, but you'll need significant equity. The new loan must pay off the existing balance first, reducing your available cash.
How fast can I get money from a title loan?
Many lenders fund same-day or next business day. The process typically takes 30-60 minutes once you arrive with your vehicle, title, and ID. Online applications can speed up the process.