What is a Title Loan?
A car title loan, also called an auto title loan, vehicle title loan, pink slip loan, or simply title loan, is a type of secured loan where the borrower can use their vehicle title as collateral and basically allows them to borrow money against it.
How do I apply for a loan?
Applying for a title loan is simple!
- Click “Apply Now” online, or come see us at: 94 S Mall Dr. STE #102, St. George, Utah.
- Provide us with Government issue ID, title, income verification, and drive your car down.
What documents besides the vehicle do I need to present to obtain a title loan?
Bring the following:
- Your State or Government ID
- The title to the vehicle
- Valid Income verification such as a recent pay check stub
What is the length of the loan?
These loans are typically short-term usually for one month; however, the member can extend the contract each month by paying at least the interest due on the loan.
Do I have to have to have a current job to get a title loan?
No! The member must have a verifiable source of income such as disability, unemployment, or retirement income, etc.
How long does it take to get a title loan?
We like to have our members done between 15-20 minutes from start to finish.
When will I get the title to my vehicle back?
Once the loan is paid back then the lien is released and the title is returned to the owner. However there are those few instances where waiting for the DMV to send the title to the company has occured but once it is received then the member will be called and arrangements will be made to have the title returned to them.
Can I still get a title loan if my car is old and/or has a lot of miles on it?
Absolutely! ANY YEAR, ANY MAKE, ANY MODEL
Can I use a credit card to make my payment?
Yes! Credit cards are accepted in person or over the phone.
Is there any kind of fee charged when you apply for a title loan?
There are NO charge to apply for a title loan.
Do I keep my car when I get the title loan?
Yes, of course!
Does my car have to be paid off to get a title loan on it?
Yes, the vehicle has to have a “free and clear” title without any liens still owing the vehicle.
What if I have bad credit, can I still get a title loan?
YEP! We don’t report nor perform credit checks so your secrets are safe with us.
Can I get a car title loan if I am on disability, social security or collecting unemployment?
Yes you can! You just need to show a verifiable source of income such as unemployment, disability, or retirement income.
Can I get a car title loan if I am self-employed?
Yes! We specialize in 1099’s. If you are self-employed we can make it happen.
Do I have to have insurance on the vehicle to get a title loan?
How much money can I borrow on my vehicle?
$25,000 possibly! The loan amount is based on the value of your car and your ability to repay the loan.
How do I make a payment on my car title loan?
Cash Out Title Loans accepts cash, money orders, cashiers’ checks, Visa, Discover, MasterCard, and American Express
Do I have to personally come into the office to make a payment?
No! We welcome your friends, family, even strangers to make your payment for you. Please remember, you can simply call the office and we can process it over the phone if necessary.