What is a car title loan?

A car title loan is a personal loan that is secured by the value of your vehicle. The loan amount is based on the vehicle’s value and your ability to repay the loan. Since it is based on your vehicle, you can get approved for a title loan even if you have low or no credit. You can still drive your vehicle while making loan payments. We will only hold on to the vehicle’s title until the loan is paid in full.