Car Title Loans from a Lender You Can Trust

By January 31, 2018Title Loans
car title loan from a lender you can trust

Do you need fast cash?

Do you own a paid-off car?

If so, you could qualify for a car title loan!

Haven’t heard of a car title loan? Allow us to tell you a little about it! And while we’re at it, we’d like the opportunity to become your trusted lender, so please call us with any questions you may have. Our team is friendly and knowledgeable, and most of all, we want to help you get the cash you need! Se habla Español. 

To give you a little background on loans, there are two types of personal loans: secured and unsecured. Unsecured loans don’t have collateral that the lender can seize if you default on the loan. Consequently, interest rates are usually higher for unsecured loans.

Secured loans are backed by some type of asset. In the case of a car title loan, your car’s title is the collateral. Here’s a tip: Before applying for a secured loan, you should feel confident that you can pay it off so you don’t lose whatever asset is attached as collateral.

Here are some of the characteristics of a car title loan:

  1. A car title loan is a secured loan. Your car’s title is the collateral.
  2. A car title loan is a small loan. Our minimum loan amount is $3,000 and the maximum is $15,000.
  3. A car title loan is a short-term loan. It must be paid back in 24-36 months.

Whether you qualify for a car title loan with California Auto Finance — and for how much — depends upon these factors:

  • the value of your car
  • your credit score
  • your job
  • your income

How to Get a Car Title Loan

Here’s what you need to know about qualifying for a car title loan:

  1. You must have a paid-off car.
  2. The car can be new or used, in any condition.
  3. You must own the title to your car.

Don’t worry — you keep your car during the term of the loan.

What Makes California Auto Finance Different

Drastically lower APR!

Unfortunately, short-term loans like car title loans are notorious for high interest rates, commonly around 100% APR but sometimes upwards of 300% APR!

At California Auto Finance, your APR can be as low as just 36%, or a monthly rate as low as 3%! This is unheard of in our industry.

No prepayment penalties!

You’d think paying off your loan early would be a good thing; however, some lenders will either charge you a penalty or ask you to refinance your loan, keeping you in debt longer. We encourage responsible behavior with finances, so if you pay off your loan early, all you’ll get from us is a heartfelt “Congratulations!”

We come to you!

Our application process is fast, easy, and free. Simply fill out this form, and we’ll contact you right away.

Live in Orange County? Feel free to apply in person at our Orange office while you enjoy a complimentary cup of fresh coffee. Otherwise, apply online and we’ll send one of our notaries to you to complete the process.

Any questions about our car title loans? Call us today — we’re honest, ethical, and here for YOU.

Car Title Loans from a Lender You Can Trust | California Auto Finance