What are title loans and how do they work?

Car title loans are loans secured by the value of your vehicle. In this case, customers borrow against the value of their vehicle to get a lump sum amount of cash. We will determine the amount of your loan by assessing your vehicle’s current market value. If your truck is worth $14,000, you can receive up to $14,000 for your loan. You will still be able to keep your truck and drive it like normal while making payments on the loan. We will just take your vehicle’s title until the loan is paid off.