Can you get a car title loan with bad credit?

I’ve been renovating my bathroom, but it’s an expensive project and my savings won’t cover it all. I applied for a personal loan through my bank, but they denied my application. I’ve heard a car title loan might work, but I’m worried about approval. Can you get a car title loan if you have bad credit?

Renovations can quickly add up and become more expensive than you anticipated, but the good news is that you can get a car title loan with bad credit if they’re legal in your state. In most cases, car title loans are specifically for those with bad credit, as more qualified borrowers pursue other options if they’re in need of money.
Car title loans are secured short-term loans that use your car as collateral and don’t require any credit check to be approved because the lender can repossess your car to cover losses if you fail to repay the loan.
Having a no-credit requirement makes car title loans appealing and available to most car owners, but they can quickly lead you into a cycle of debt due to their short repayment period, high APR, and expensive monthly fees.
If you want to avoid unfavorable terms, shop around and compare offers from multiple lenders. Alternatively, to avoid losing your vehicle, you could:
  • Use a credit card
  • Ask friends and family for a loan
  • Visit a credit union
  • Save on other expenses
One expense that people often overpay for but can easily be reduced is your car insurance. To ensure you aren’t overpaying for your coverage, download Jerry.
The Jerry app can collect quotes from over 50 top insurance companies like Travelers, Nationwide, and Progressive in seconds! If you ever have any questions, agents are just a text away, and they even help cancel your old policy once you’ve made your pick! The average Jerry user saves $879 a year.
Jack Walsh
Answered on Nov 30, 2021
Jack is an insurance specialist and writer living in Buffalo, New York. He has a BA from Union College and worked as an insurance agent with Jerry before joining our content team. He enjoys using data and research to break down complex subjects and convey a story. In his spare time, Jack enjoys cycling, cooking, and exploring Buffalo’s beautiful waterfront.

Did this answer help you?

Ask us a question by email and we will respond within a few days.

Have a different question?

You can meet us at our office and discuss the details of your question.
Let Jerry’s experts help you find savings on your car insurance!
No long forms or spam · Get quotes from 40+ carriers
Find insurance savings (100% Free)
rating primary
4.7/5 Rating on App Store

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
Find insurance savings — it's 100% free