Frequently Asked Questions What is an auto title loan?
What are title loans?
What are car title loans?
What is a pink slip loan?

These are all different names for the same type of loan. Similar to a home equity loan, an auto title loan allows you to borrow cash up to $50,000 based on the equity in your vehicle. You will have regular, low monthly payments (no balloon payments) -- just like a car loan! You get to keep your car and you don't have to give us an extra set of keys. We will place a lien on your vehicle in exchange for the loan and then upon loan repayment, we will return your title.

Can I drive my car while I have the loan?

Yes. You get the cash and you keep the car and drive it, while you are making your scheduled payments on your auto equity loan.

How are Car Title Loans different from Payday Loans or Pay Advance Loans?

Car Title Loans differ from Payday Loans in three important ways. First, the interest rates on Car Title Loans are much cheaper than the interest rates on Payday Loans. Second, Auto Title Loans allow you to make easy and affordable monthly installment payments, whereas Payday Loans require you to pay off the entire balance at once. And third, Car Title Loans allow you to borrow much more cash than Payday Loans - up to $50,000.

How do I get a title loan?

Contact the experts at The Auto Title Loan by filling out the short form on the right side of this page, or by clicking on one of the boxes to chat or have us call you.

How do I get cash fast?

You can get your cash in as little as 2 hours after fill out the application and loan package correctly, any mistakes will delay your money. Exact timing will depend on the time of day/week that we receive your application and the completeness of your application. Please call us with any questions at 800-710-0068.

How can I get money for the equity in my car?

The best way to get quick cash using the equity in your car is through a car title loan, also known as an auto title loan, or pink slip loan.

How can I get credit?

If you are trying to build your credit, or you have problems in your credit history, successfully paying off a car title loan can start you on the road to credit repair.

What areas do you serve?

The Auto Title Loan is located at 2275 Torrance Blvd., Torrance, California 90501. We serve all of the surrounding communities in the Greater Los Angeles Area, including Carson, Lomita, Wilmington, Gardena, Lawndale, Redondo Beach, Manhattan Beach, Hermosa Beach, Palos Verdes Estates, Rolling Hills Estates, Alondra Park, Compton, West Compton, East Compton, Paramount, Lakewood, Bellflower, and Long Beach.

Do I need to have good credit to get an auto equity loan?

No! Good credit, bad credit or no credit – all types can be approved. Our select loan does not use your credit score in the loan decision making process. The main criterion for our loan decision is your vehicle's value.

Do I need a job for qualification?

No. You don't need to have a job. However, we ask that you have regular income just that you have the ability to repay.

I've had a bankruptcy in the past. Can I still get a loan with you?

Absolutely. Please do keep in mind that your bankruptcy must be discharged. We do not make loan decisions on why you had a bankruptcy whether it is medical, divorce or any other financial situation. We can help you as soon as your bankruptcy is discharged.

Does my car need to be paid-off?

Yes in most cases, your car must be paid-off. If you are still making payments and almost paid-off, we may still approve your loan.

Does the car have to be registered under my name?

Yes, the car must be registered under your name and the registration must not be past due. If there are two owners of the vehicle then both parties need to apply on for an Auto Title Loan and the loan proceeds will be disbursed by check to both parties.

How do I apply for a loan?

You can apply here online or download our one page application takes only minutes to complete.

How long does it take to get a title loan?

We are extremely fast. The 100% online application will take you about 3 minute, with a decision in about 30 seconds. It will take you about 15 minutes to complete the paperwork and take pictures of your car. You can have your cash as soon as the next day.

Do you charge anything to see if I qualify for the loan?

Not a penny!

Will you pull my credit?

We may pull credit primarily to verify the identity of the applicant(s). This is for your safety as much as ours.

What documents do I need to get my money?

You will need to have your vehicle title, copies of your government ID, and may have to provide proof of phone or address (for example a phone bill or utility bill)

How do I receive my loan proceeds?

We offer three options for you to receive the money from your loan. We can deliver you a check, or you can pick up the funds at one of our affiliate location.

How do I make a payment?

You will be able to make payments on your auto title loan via direct deposit, check-by-phone, MoneyGram and Western Union, as well as directly online. Your due date will be on your monthly statement, please do not discard this mail.

Is there any prepayment penalty?

No, there is no prepayment penalty. You may pay off your loan at any time.

When will I get my title back?

We will return your title to you automatically, as soon as your loan is paid off.

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