FAQ
Q: What is a Title Loan?
A: A Title Loan is a fast way to borrow money using the equity in your vehicle as collateral.
Q: Do I get to keep my vehicle?
A: Yes, you can drive off with the cash.
Q: How do I apply?
A: Fill out our online application on the right side of this page.
Q: What do I need to qualify for a Title Loan?
A: A vehicle that is paid off with a wholesale value of $5000 with required items.
Q: Do I need good credit to get a Title loan?
A: No, we do not take your credit history into consideration. We only consider the value of your vehicle and the ability to pay the loan.
Q: How much money can I borrow?
A: The loan amount is based upon the value and condition of your vehicle. Minimum $2600.
Q: How fast can I get CASH?
A: Your loan will be approved within 30 minutes after receiving your completed application.
Q: What if I lost my title?
A: We can still approve you for a loan but you must be the registered owner of the vehicle and it must be paid off.
Q: When is the first payment due?
A: The same day the following month.
Q: How long do I have to pay back the loan?
A: Up to 36 months.
Q: Is there a penalty if I pay the loan off early?
A: There are no pre -payment penalties, the loan can be paid at any time.
Q: Are you licensed to make loans?
A: Yes, loans are made pursuant to Department of Corporations California Finance Lenders License.
Q: What are the requirements to get approved for a loan?
The most important requirement is that you own a “clear” title on your paid-off or nearly paid-off vehicle. Other than that, the requirements for each customer may vary.
Q: What is the maximum loan amount?
A: Your maximum loan amount is based on the value of your vehicle.
Q: What can I do with the money I get from Car Capital Financial, Inc.?
A: It is your money – use it however you would like!
Q: How do I apply?
A: Apply Online or call (800) 360-1550.
Q: How long do I have to pay back my loan?
A: Our average term is 36 months. Depending on various factors, we can offer longer or shorter payment terms to best fit your needs.
Q: How do I get in touch with you?
A: Call us at (800) 360-1550 or contact us via the form to the right of every page.
Q: Is Car Capital Financial, Inc. licensed?
A: Yes – Car Capital Financial, Inc. has obtained licenses or certifications as a lender in California.
Q: How fast will I get my money?
A: In most cases, the same day. It all depends how fast you supply us with the documentation we need.
Q: How do I make my payments?
A: You may mail your payments to our payment center, pay by phone with a check, or you may set up monthly automatic electronic debits from your checking account.
Q: Can I pay off my loan early without a penalty?
A: Yes – We do not charge prepayment fees. You can pay off any portion of your loan at any time without incurring a penalty.
Q: I own a motor-home. Can I get a loan?
A: Yes. You may get a title loan on a car, truck, motorcycle, motor-home, boat, personal watercraft or 18- wheeler. Anything with a pink slip!
Q: Does my car need to be paid off?
A: No, if you still owe money on the vehicle, we can payoff the loan and get you some extra cash.
