How do you get a car title loan?

What do I need to do to get a car title loan? I think an iPad would help my work-related efficiency, but I can’t afford one right now.

Saving up for extra expenses like iPads can be challenging. Luckily, all you need to get a car title loan is your own car or equity in a vehicle.
If you have either one, then your next step is finding a lender. Title loans are notorious for high APRs and short repayment periods. So it’s important that you shop around for a good lender before signing any agreement.
Once you find your lender, you’ll need to provide:
  • The original vehicle title.
  • Your driver’s license.
  • Proof of residency.
  • The current vehicle registration.
  • Proof of vehicle insurance.
  • The names, phone numbers, and addresses of at least two references.
  • A functional copy of the vehicle’s keys.
  • Proof of income or ability to pay off the loan.
Once you bring these documents to your lender, you should qualify for a title loan for 25-50% of your car’s value. Remember to read the terms thoroughly. Title loans may seem convenient, but one misstep could make you lose your car.
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Liz Jenson
Answered on Nov 08, 2021

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