Category: Title Loan Laws

Texas title loans are legal, but the state operates under some of the least restrictive lending rules in the country. There’s no cap on interest rates, no cap on fees, and lenders can move to repossess your vehicle faster than you might expect.  That doesn’t mean borrowers have no protection. It means you need to…

Title loans are legal in Nevada, but the rules are quite different from those in many other states. Nevada does not set a general APR cap for most title loan borrowers, so the cost of borrowing can vary widely from one lender to another. What Nevada does regulate closely is how the loan is structured,…

Title loans are legal in Missouri and regulated under the Pawnbroker Loans Act: a set of state laws designed to protect borrowers while giving lenders a framework to operate within. Whether you’re considering a title loan, already have one, or are trying to understand your rights, this guide breaks everything down in plain English. Here’s…

What You Need to Know If you fully own a vehicle (without loan payments) and are at least 18 years old, you may be able to get a title loan in the state of Mississippi. The exact amount of money you can get will vary from lender to lender and a potential lender will take…

What You Need to Know In Louisiana, title loans are legal and regulated even though there are not any specific title loan laws. Title loans are regulated in the same way as other short-term loans. There are safeguards in place to protect you from potentially unethical title loan lenders. If you end up getting a…

What You Need to Know In the state of Kansas, every lender is entitled to ask their prospective borrowers to meet specific requirements, like having a list of references that can vouch for you being a good borrower or a requirement for you to have insurance on your vehicle. The amount of money you can…

Title loans are legal in Illinois, but the state regulates them more tightly than many other states. Two laws work together to set the rules: the Consumer Installment Loan Act and the Predatory Loan Prevention Act.  Since the PLPA took effect in March 2021, covered consumer loans made in Illinois, including title-secured loans, have been…

Idaho’s title loan laws are designed to regulate high-interest, short-term lending and protect consumers from unfair practices – whether that’s hidden fees, unlawful repossession, or dealing with lenders who aren’t legally allowed to operate in the state. This guide covers both sides of Idaho law: how title loans are regulated and what lenders must disclose,…

Title loans are legal in Georgia, but the state laws are handled differently than almost anywhere else. Georgia classifies title loans as pawn transactions, governed by the state’s pawnbroker law rather than banking or lending regulations. The practical effect is fewer consumer protections than you’d get in a state that treats title loans as an…

Florida has specific laws governing title loans, designed to protect consumers from predatory lending and improper vehicle repossession. If you’ve taken out a title loan, are considering one, or are worried about missing a payment, understanding these rules can make a real difference. This guide explains how title loans are regulated in Florida, what lenders…