Have you found yourself curious about obtaining car title loans in Orlando? Car title loans are a way to obtain cash almost instantly to cover your expenses. Whether you have a medical emergency, utility payments, or just need quick money, a car title loan is worth considering.
Orlando is one of America’s most popular vacation destinations. With a population of around 280,000, many residents don’t have the means to cover large expenses all at once. As a result, people in Orlando look at title loans as a quick solution.
Continue reading below to learn about the best car title loans in Orlando, Florida.
Best Car Title Loan Companies in Orlando, FL
- Best Car Title Loan Companies in Orlando, FL
- How to Get an Auto Title Loan in Orlando
- Car Title Loans Near Me in Orlando, FL
- Frequently Asked Questions
Borrowers in Orlando have numerous options for car title loans. We’ve taken the time to review each one so you can find the perfect fit for your current situation. Each company below offers competitive rates for Orlando residents.
Max Cash Title Loans is one of the most tried and trusted sources of auto title loans in Orlando. Considering their outstanding customer service and ability to find customers low interest rates, it makes sense that over half a million customers have used their service over the last decade.
The company has a vast network of lenders to connect customers with the right title loan ASAP.
You can apply for your loan online, and one of their reps will typically get back to you within one business day. Once you get approved for the auto title loan, their team will process all the necessary documents so you can get the cash you need fast.
Due to their quick and easy process, they’re one of the best options for title loans in Florida even if you don’t have a high credit score.
Here are some of the requirements:
- You must be over 18 to apply
- You must have a clear Florida auto title
- Minimum loan amount of $100
- Maximum loan amount of $50,000
2. Loan Center
Loan Center may be one of the easiest direct lenders to get auto title loans from in the state of Florida. Their rates on their car title loans make it easy to use your vehicle as collateral so you can get quick funding. What’s more, you can apply for a personal short-term loan on their website.
Not only is it easy to get approval with a low credit score, but you can also get the money you need within a single business day. Perhaps the best feature is the lack of penalties on prepayment, so you can pay monthly or all at once if you get the funds.
Company requirements to obtain funding:
- Base loan of $1,750
- Maximum loan of $25,000
- Minimum income of $1,500
- Minimum black book vehicle worth of $2,000
LoanMart owes its many positive online reviews to its extensive experience in the lending industry. The company has some of the most competitive interest rates throughout Florida, and its approval process is extremely smooth.
Many people can receive short-term loans based on the value of their vehicle and the sum must be paid within 36 or 48 months. What’s more, the company focuses on the value of your car rather than your credit score, making them a viable lender for those with bad credit.
LoanMart currently operates in 26 states (including Florida) and has helped over 200,000 people obtain money to pay bills and other unexpected expenses.
Company requirements to submit:
- Proof of income/ability to repay the loan
- Equity of your vehicle
- Any vehicle modifications
- General wear and tear that may affect the value
How to Get an Auto Title Loan in Orlando
Getting auto title loans from a lender is surprisingly simple. All you generally need to get started for a title loan in Orlando is equity in a car, proof of income, and other documents, and to be over 18 years old. However, there are a few things to consider before getting a title loan online.
For starters, some car title loans may come with high fees and interest payments. Those looking for fast title loans in Orlando, Florida, can apply on the lender’s website or by calling the company’s phone number.
Car Title Loans Near Me in Orlando, FL
ACE Cash Express
4560 S Kirkman Rd, Orlando, FL 32811
5836 N Orange Blossom Trail, Orlando, FL 32810
3548 S Orange Ave, Orlando, FL 32806
Family Auto Title Loans
1900 N Mills Ave, Orlando, FL 32803
3100 E Colonial Dr, Orlando, FL 32803
Loans of Florida, LLC
1901 W Fairbanks Ave, Winter Park, FL 32789
4625 Old Winter Garden Rd, Orlando, FL 32811
Rapid Auto Loans
1005 North Pine Hills Road Orlando, FL 32808
Frequently Asked Questions
Does Florida allow title loans?
Title loans are legal in Florida. Florida is a prime market for those with low credit looking for financial aid through auto title loans. Title loans in Orlando Florida are on the rise, and numerous residents are using them to pay bills and other expenses instead of going with a bank loan.
Are title loans a good idea?
Title loans in Orlando are an attractive option due to their quick approval process and minimal penalties. However, they could leave you in a bad situation if you aren’t careful. If you fail to repay the loan, you could lose your car. If you want to keep driving your car, be sure to make each payment on time.
How much can you get from a title loan?
Most people get small title loans in Orlando ($500-$2,000) but there are options for much larger amounts. Some services could offer a loan of up to $20,000. The monthly duration for these loans would be longer.
Is it hard to get a title loan in Orlando?
Title loans in Orlando are often called “fast auto loans” because they often have a fast turnaround no need for good credit. People can apply online and are approved within a single working day. That said, there are a few pieces of required information you will need to provide about your vehicle and earnings. You need to show that you have the means to pay the loan back.