Who does car title loans?

There was this ad that was everywhere where I used to live and work. However, I moved across state lines for a new job last year and haven't seen or heard of it since. Who does car title loans?

Several lending companies offer car title loans. Some are more well known for payday loans that also provide title loans.
The company with the ads you’re thinking of might be:
  • American Auto Title Loan
  • Auto Cash USA
  • Check Into Cash
  • Loan Center
  • Loan Mart
  • Max Cash Title Loans
  • TitleMax
What probably happened is that when you moved for the new job, you moved to a state where title loans are illegal. Title loans are considered predatory by many because they have exorbitantly high interest rates and are marketed toward people with bad credit who’ve fallen on hard times. Naturally, this can lead people much deeper into debt.
Save money where you can as a cushion to use when emergencies come up to avoid falling prey to title loan lenders. One thing you might be overpaying for is car insurance.
You can make sure you’re getting the best deal on your car insurance by using the Jerry app. With Jerry, you’ll be able to compare quotes from 50+ top insurers. As a result, our users save an average of $879 a year!
Lauren Smith
Answered on Nov 25, 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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