Looking for a title loan in North Carolina? 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 not legal in North Carolina, where strict state laws prevent high-interest lending practices. Apply online or consult us by phone to find the best solution for your financial situation in North Carolina.
Regulations
North Carolina caps interest rates at 30%, making traditional title loans illegal. Residents can explore other loan products.
Requirements:
- Vehicle title in your name
- Proof of income
- Government-issued ID
- Proof of residency
Important Considerations
Since title loans are banned, residents should consider personal loans or other alternatives.
FAQ Section
No, title loans are banned in North Carolina.
Interest rates are capped at 30%.
Yes, personal loans can be applied for online, but not title loans.
Statistics about North Carolina
| Median Household Income | $63,229 |
| Median Gross Monthly Rent | $1,216 |
| Average Family Size (People) | 3.13 |
| Mortgage Loan (Avg) | $270,000 |
| Auto Loan (Avg) | $26,000 |
| Personal Loan (Avg) | $6,100 |
| Student Loan (Avg) | $31,000 |
