Are car title loans legal in PA?

I live in Pennsylvania and am struggling financially. I've heard about car title loans. I'm considering getting one, but are title loans legal in Pennsylvania?

Answer
I’m sorry to hear you’re struggling. The past two years have been tough for everyone, so you’re not alone.
Since you live in Pennsylvania, you can’t get a title loan as they’re illegal. Due to the nature of title loans, they are only legal in 20 states.
A title loan is a loan in which you trade the title of your car for quick cash. Title loans have a high annual percentage rate, which can lead to debt and repossession of your car.
Some options you may want to consider instead of a title loan are:
  • Talking to those to whom you owe money (credit card or loan companies) and ask for extensions or short-term help
  • Ask friends and family for help
  • Check local community resources like churches or libraries for financial advice programs/assistance
  • Reaching out to your bank or financial institution for help or solutions
If you’re looking for other ways to save money, try Jerry to find a better rate for your car insurance. The Jerry app pulls quotes from the top 50 companies in under a minute and delivers the best deals right to your phone. The average Jerry user saves $879 a year on car insurance!
Lauren Smith
Answered on Nov 02, 2021
Lauren has written for World Nomads, the Matador Network, Korvia Consulting, and once upon a time Three Fates Games. She graduated from Columbia College of Chicago with a BFA in Creative Writing. After graduating, she moved overseas and lived in South Korea where she spent her free time traveling and going on road trips with friends. She misses the rest stop potatoes and is trying to figure out how to recreate them at home. She's now based outside of Chicago and when she's not writing she spends her free time reading, playing video games, and exploring whenever she can.
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