Frequently Asked Questions
Q:What is a title loan?
A:A car title loan is an instant short-term loan based on the value of your vehicle. You sign over the title of your automobile as collateral in exchange for the loan you need. Once you repay your loan, the title will be returned to you.
Q:What do I need to have before I get a car title loan?
A:You must own the title to your vehicle outright with no liens. You also must have a valid form of identification and be over the age of 18 to apply.
Q:How does obtaining a car title loan work?
A:There are just 3 steps:
- Fill out our easy online application and receive a pre-approval amount.
- One of our representatives will contact you to determine loan terms that best suit your finances and needs.
- Get your money!
Q:Can I keep my car with Massachusetts Car Title Loans?
A:Yes! When you get an auto title loan, you can still drive your car throughout the entire duration of your loan.
Q:What if I have poor credit or have filed bankruptcy?
A:Don't worry about your credit history when applying for car title loans in Massachusetts. Even if you have previously filed for bankruptcy or have poor credit now, you can still easily receive a car title loan.
Q:Can I pay off my loan ahead of schedule?
A:Yes. You are welcome to pay your loan off ahead of schedule without any penalties or surcharges.
Q:What if I want a loan for an amount less than the minimum?
A:If you would like a loan and the minimum amount that we offer is higher than you would like, you can simply borrow the minimum and repay the amount you do not want immediately. You will be repaying most of the loan up-front with no additional charges.