PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
How can I refinance my car title loan?
Is it possible to refinance my car title loan? I’m having trouble making payments because the interest rate is high and I’m really scared that my car will get repossessed.
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
It is possible to refinance your car title loan! The process will be pretty similar to refinancing a car; you’ll apply for a new title loan, and the lender will pay off your old one.
When applying for the new loan, the lender may ask you to provide the following documentation:
- A copy of the original loan certificate
- The title of the car
- A certificate of inspection with any adjustments or repairs that have been made since you took out the first loan
You’ll also have to undergo a credit check before getting approved for your new loan. If your credit has improved since you took out the original loan, you might be able to get better terms on your new loan.
If your financial situation has improved since you bought your car insurance, you should consider evaluating your insurance policy, too. Many people pay too much for car insurance, but the
Jerry
app can help you find the lowest rates out there. Jerry compares personalized rates from the top providers and delivers the best deals to your phone in minutes for free. The average Jerry driver saves $879 a year on car insurance!MORE: Does refinancing a car hurt your credit score?
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
.jpg&w=64&q=75){kind=avatar}
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
