Get Started
Over a decade ago, the American Psychological Association began surveying people regarding their stress levels. They consistently found that money and finances are the #1 reported stressor. They also concluded that stress resulting from financial concerns could directly impact the overall health and well-being of Americans.
Stress is regularly discussed in health sources as a contributor to diseases and disorders that range from headaches to heart attacks. It is important to manage stress and remain calm, even when faced with extreme difficulties.
Having an advocate work on your behalf to determine the best loan for you can save you time and ease your stress. Titlelo only requires brief information about you and your car to pre-approve you for a loan. We have live representatives available to chat or answer your call Monday through Sunday from 8 am - 10 pm. Whether you just have a few questions or you are ready to shop for a lender, we can help!
Titlelo works for our customers, not lenders. We offer personable customer service and will take the time to answer any questions you have. We offer instant pre-approval and fast cash, but we don't want you to feel rushed in the process. Chat with us online or call us to learn about what services or lenders may provide the best opportunities for you.
Once we learn more about you, we can help find the perfect lender. Compared to other loan brokers, we are as flexible as they come! We will help you secure a loan no matter how old your vehicle is, its mileage, or the amount of equity it currently has. We do not require proof of employment or minimum monthly income, and you do not need a bank account. We can even help you find a lender for a second-lien on your vehicle (if it is not currently paid off).
If your car is not yet paid off, but you still would like to take out a title loan, Titlelo can work with you to find a solution. A title loan on a vehicle with an already-active loan would be referred to as a second-lien on the vehicle. A lien is the legal right of possession over property until another party pays off a debt.
Though Titlelo does not recommend this kind of loan, as it is considered a high-risk loan, we want to empower you to make the best decision for your situation. We can discuss all of your options and provide you with our professional recommendations, but at the end of the day, we will connect you with the lender you choose. Titlelo has worked hard to build relationships with lenders that offer these special loans while still maintaining an excellent reputation.
When you’re in need of quick cash, it may not make sense to open a new line of credit. Consumers who are rebuilding their credit or planning for an upcoming purchase may not even want a credit check to appear on their credit report (not to mention in their FICO score). A car title loan is a great solution for short-term financing with no credit check required.
Titlelo offers personalized service to select a lender that offers competitive rates with the flexibility you need. Our online pre-approval process allows you to receive a quote after providing just basic information about yourself and your vehicle. This information only has to be entered once to review offers from multiple lenders.
To approve your loan and disburse funds, some lenders may require additional documentation, like a valid government-issued I.D. and proof of income. If you have additional questions about the requirements of lenders, Titlelo can help you via our online chat or phone.
There are no hidden fees when applying for a loan with Titlelo. Apply online for free and receive instant pre-approval. Titlelo works with numerous lenders and can help customers understand exactly what they are paying on a loan. Each lender is different, and we will help you understand the fees your lender charges. We strive to work with lenders that have reasonable fees: including no prepayment fees. If you are interested in making early payments, we will match you with a lender that does not charge an additional fee.
When applying for pre-approval, provide your name, contact information, and vehicle information. There will be no credit check or employment verification. Your lender will complete an inspection of your vehicle to determine the final loan amount, and they may request additional documentation, like proof of income and a valid government-issued I.D.
Applying for car title loans online shouldn't be difficult. Complete our simple online application and enter basic information about yourself and your vehicle. Once you're pre-approved, one of our friendly experts will contact you.
Titlelo will assess your needs and match you with the best lender in your area. Once you've accepted the terms and conditions of your lender, we'll help you gather everything you need to make the process simple and swift.
Visit your local title lender and bring your title, ID, and any other required documents. Review and sign your loan documents and get the cash you need instantly. Drive away with your car and get back to what matters in your life.
Virginia title loan laws state that borrowers can secure loans worth up to 50% of the fair market value of the vehicle being used as collateral. However, lenders also consider the other costs that come with the loan, so they would usually lend the borrower only around 30%-40% of the car’s fair market value.
If the loan amounts to $700 or less, the maximum interest rate allowed is 22% per month. Any loans worth $701 to $1400 would incur a monthly interest rate of 18%. If the loan exceeds $1400, the maximum monthly interest rate is 15%.
To secure a title loan in Marion, VA, the borrower should submit a government-issued ID proving that the borrower is at least 18 years of age. The borrower should also present the car for inspection and should surrender the car title during the repayment period.
Title loan laws in Virginia do not allow lenders to give extensions. However, the law also states that monthly payments should be equal to make it easier for the borrower to make the payments on time.
If the borrower fails to pay the required amount on time, Virginia laws allow lenders in Marion to repossess the vehicle used as collateral. However, the law also requires lenders to send the borrower a written notice 10 days before the car is repossessed. This allows the borrower to catch up on their payment to avoid repossession of the vehicle.
Once the 10-day period is over, the lender may decide to sell the vehicle. But before they do so, the law required the lender to send another notice to the borrower containing the details of the sale. The notice should also include a breakdown of what the borrower owes – the principal amount, the interest, and any other reasonable fees. The lender is not allowed to charge for storage.
Should the borrower be able to pay the total balance before the sale, the vehicle will be returned to the borrower. If the borrower still fails to pay the balance, the lender may sell the car and return any surplus amount to the borrower. If the car is sold for an amount less than the total money owed, the lender cannot ask the borrower to pay the balance.