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What is the name of a car title loan company?
The town I grew up in always has ads for title loan companies. I’m considering getting one, but I haven't seen any in a while since I moved out of state. What is the name of a car title loan company?
Lauren Smith · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
One of the reasons you may not be seeing any ads for title loans is because they are illegal in many states due to their predatory nature. If title loans are legal in your state and you still want to look into getting one, there are several national car title loan companies:
- Max Cash Title Loans
- Loan Mart
- Loan Center
- TitleMax
- American Auto Title Loan
- Auto Cash USA
Because title loans have incredibly short terms and very high interest rates, many people find themselves deeper in debt or their car repossessed when they can’t pay the money back. Title loans often prey on people who have fallen on hard times.
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- Gregory R.
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