The following is a typical car title loan’s rates & fees.
- There is a $75 administration fee and a $15 DMV fee for loans under $4999 once the loan is funded.
- For Loans $5000 and more there is an additional 10% pre-paid interest fee.
- Applying is free and unlike our competitors; we do not have any hidden fees.
- The pricing for this product is based on an 8% a month simple interest calculation. Also known as 96% APR.
- The term of the loan is 24 months.
- No prepayment Penalty Fees if you pay off early.
- Loan amounts start at a minimum of $2,600 and end at a maximum of $50,000. Loan amounts less than $2,600 or over $50,000 will not be granted.