What You Need to Know The state of Delaware requires title loan lenders to be licensed. This means they are being regulated by the state to protect you, the consumer, against things like fraud and deceptive loan practices. Specifically, lenders cannot advertise a title loan at an interest rate that is lower for an initial…
Category: Title Loan Regulations
Arizona Title Loan Regulations
What You Need to Know If you are at least 18 years old (with government ID to prove it) and have a lien-free title in your name, you may be able to get a title loan in Arizona. You will be able to borrow as much as the lender is willing to give, which will…
Alabama Title Loan Regulations
What You Need to Know The state of Alabama requires title loan lenders to be licensed, which means they are being regulated by the state to protect you, the consumer, against things like fraud. That also means that in the unlikely event things go wrong, or a lender does not follow the laws set forth…
Title Loan Regulations & Statutes by State
An Overview of Title Loans A title loan is a method of borrowing money based on the equity of your vehicle. Unlike bank loans, title loans are more accessible to borrowers that are underemployed, bankrupt or suffer from poor credit. Essentially, a title loan will let you borrow money using the title of your vehicle…