PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Can you have two title loans on two different cars?
I’ve been fixing up a car to give my son on his 16th birthday, but I need some extra money to finish the repairs. I'd like to take out a title loan, but I already have one on one of my cars. Am I allowed to have two title loans on two different cars?
Jack Walsh · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Getting a car for your 16th birthday is every kid’s dream. I’m sure your son will appreciate it!
Luckily, you can have two title loans on two different cars. Since you’re applying for the same type of loan, your second application process will be identical to your first one.
As a reminder, you will need the following to apply for your second loan:
- A completed loan application
- Your car title
- Your driver’s license
- Your vehicle registration
- Any additional information your lender requests
Remember, this loan may not be less than your last one. Title loans are granted against your car, so the loan amount will depend on your car’s value. If your second car is less valuable than your first one, the loan will be smaller.
Before you take out another loan with the same lender, shop around and compare offers from multiple loan providers. Different lenders will offer different
annual percentage rates
and terms of repayment. Taking the time to look for a lender who suits your needs is vital to securing better terms!Once you give your son his car, use the
Jerry
app to find him insurance
at an affordable rate. A licensed broker, Jerry can help you find and compare quotes from over 50 top providers in minutes. If you need some help, call Jerry’s friendly agents for professional advice on your best coverage options.View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies