Title Loans in California

Are Title Loans Allowed in California?

Yes, you are allowed to apply for car title loans in California! The application process can be straightforward if you have the title to a qualifying vehicle in your name and the additional documents required to verify your information. If you need quick funds to handle an unexpected expense, you can apply for an auto title loan online from the comfort of your home today! You can expect to receive your loan proceeds in as little as one business day if you qualify for a car title loan serviced by LoanMart.^{1 3}

Submit a short questionnaire online or call a LoanMart title loan agent at 855-422-7412 to start your title loan application today! You can access flexible loan terms and competitive interest rates if you qualify for emergency funding through California car title loans.

How Do Car Title Loans Work in California?

Car title loans in California are secured loans that allow you to borrow against the value of your vehicle and access quick funds to handle a variety of financial issues. To get approved for a title loan, you must meet the lender’s requirements and pledge your California-issued car title as collateral for the loan. You have the freedom to use your loan proceeds to handle whichever personal expenses you need to take care of, including rent payments and overdue bills!¹

If you qualify for a car title loan in California and sign your agreement, the title loan lender will add a lien on the title of your car after the loan is funded. Make sure to stay on top of your loan payments while a lien is present on your car’s title! 

Title loan lenders will mainly use your car’s value and your income to determine your maximum loan amount and eligibility for a California title loan. That’s why the amount of equity in your vehicle is an integral part of the application process. If you don’t know your car’s current value, you can use LoanMart’s calculator tool to obtain a vehicle equity estimate and an instant online loan quote with absolutely no obligation. When filling out the online tool, you will need to provide the following details to get a fast title loan quote:

• The Year of Your Car
• The Make, Model, and Style of Your Vehicle
• The Current Odometer Reading on the Car
• Your Current State of Residence (California)

Take advantage of a convenient application process and find out if you qualify for instant pre-approval today! Through LoanMart, qualified applicants can access numerous benefits, including fast access to funds in as little as 24 hours.³

What are the Requirements for Auto Title Loans in California?

While it’s challenging to get approved for many traditional bank loans without a strong credit history, car title loans can be comparatively flexible. Individuals with bad credit can still apply for auto title loans in California.¹

Take a closer look at the initial title loan requirements in California that you will need to meet to qualify for the emergency money you need:

• Have a California Car Title in Your Name
• Demonstrate Your Ability to Repay an Auto Title Loan
• Own a Vehicle with Enough Positive Equity
• Be of Legal Age to Apply for a Title Loan

If you’ve submitted the initial questionnaire and received pre-approval for a title loan, the next step is to provide the required paperwork that you will need to get fully approved for fast funding. Generally, you will usually need to provide the following paperwork when applying from Los Angeles, San Diego, San Jose, or anywhere else in California:

1. Proof of a Steady Source of Income, Like a Pay Stub or Bank Statement
2. Valid, Government-Issued Photo Identification
3. A Qualifying Vehicle Title in Your Name
4. Proof of Your Current Address in California
5. Some Recent Pictures of the Collateral

You can conveniently upload your paperwork online or send your paperwork and photos to a title loan officer via email or text message. If you qualify for an auto title loan, you can potentially access the fast money you need in as little as 24 hours!³ Call a title loan officer at 855-422-7412 if you have questions about the requirements for online car title loans in California.

What Do I Need to Understand About Title Loan Regulations in California?

Ready to get the funds you need for a financial emergency? Before you start the application process for a title loan, it’s important to ensure you have a solid understanding of the title loan regulations in California.

As you may know, car title loans are allowed in the state of California, so applying for a vehicle-secured loan is an option if you need emergency cash. However, there are specific laws in place, like the California Financing Law, to ensure that California-licensed lenders are transparent and fair, and operate according to the aforementioned law. 

Applicants in California have the right to receive a written disclosure about their loan terms before signing their agreement. The terms of a title loan can include the interest rate, the repayment period, and any fees associated with the loan.

Applying for a car title loan in California should be as simple as possible. Now that you know the regulations surrounding this type of secured loan, you can decide if an auto title loan is the right option for you. Call a LoanMart title loan agent today at 855-422-7412 to start the streamlined and convenient application process. If you qualify for funding, you can expect no balloon payments or hidden fees during the repayment process!^{1 5}

What are the Benefits of Choosing Online Title Loans Serviced by LoanMart in California?

Here are some of the benefits that come with qualifying for auto title loans in California serviced by LoanMart:

• Keep Driving Your Car: If you’re like most car owners, your car is an important part of your daily life. In fact, the average American will spend 26 minutes commuting every day! Although you’re using your vehicle’s title as collateral for the loan, you can keep your keys and maintain access to your car throughout the repayment process if you manage your title loan payments correctly.
• A New Car Isn’t Necessary: While some people may believe you need a new car to get approved for a title loan, that’s just not the case! You can borrow against the value of a new car or an older car as long as it has enough positive equity to qualify as collateral for the loan. Call 855-422-7412 for more information about how to get car title loans for older cars in California.
• Poor Credit is Okay: As mentioned above, getting approved for a traditional loan is difficult if you don’t have a good credit score. While obtaining car title loans in California with no credit check is unlikely, you can still secure the funds you need from a title loan even if your credit history isn’t perfect!¹

Through LoanMart, it can take no time at all to apply and find out if you qualify for the money you need to deal with a financial emergency. Eligible title loan borrowers can choose direct deposit to get their money as soon as the next business day!^{1 3} Apply online by completing a quick questionnaire or dial 855-422-7412 to start the application process for online title loans in California.

Demographic and Financial Statistics for California

The below table provides some of the key income, loan and financial statistics for California, which are intended to give you a better understanding of how your financial circumstances compare to other California residents. With this information in hand, we hope you gain a better idea of your financial options so you can decide if completing a title loan application is the right decision for you: