Looking for a title loan in California? Whether you're looking for secured loans or flexible payment terms, it's important to understand local lending laws and explore your options. Title loans are legal in California, but the state imposes regulations on loan terms and fees to protect consumers. Apply online or consult us by phone to find the best solution for your financial situation in California.
Regulations
California allows title loans for amounts over $2,500. There are no caps on interest rates for larger loans, and terms are typically short.
Requirements:
- Clear vehicle title
- Proof of income
- Valid ID
- Proof of residency
Important Considerations
Interest rates can be high in California, and borrowers should carefully review the terms before signing a loan agreement.
FAQ Section
Yes, title loans are legal in California.
There is no cap for loans over $2,500, so interest rates can be high.
Yes, many lenders offer online title loan applications in California.
Statistics about California
| Median Household Income ($) | 80440 |
| Median Gross Monthly Rent ($) | 1657 |
| Average Family Size (People) | 3.53 |
| Mortgage Loan (Avg) | 450000 |
| Auto Loan (Avg) | 34000 |
| Personal Loan (Avg) | 7500 |
| Student Loan (Avg) | 39000 |
