Frequently Asked Questions

Orlando Auto Equity Loans

Can you explain how car title loans work?

   The speedy and convenient process starts upon submission of an online app by the client. We will send a pre-approval sms message to the borrower through text message or e-mail. At the same time, a customer service agent will call the borrower to inquire if there are any questions and then answer them if there are any. The next step is for the borrower to bring certain documents to the Orlando title loan store so that the loan transaction can be finalized. It should be noted that the market value of the car is the security for the loan and the automobile title is used as collateral. The vehicle title is promptly returned to the borrower after the loan has been completely repaid.

You did not bring up anything about credit history. Is it true that I could still get a loan if I have unpleasant credit?

   Correct. Your credit history will have no relevance on your qualification for a car title loan.

What is the amount of money that you can offer me and how long does it take you to get it to me?

   The loan amount is based on the wholesale market value of your vehicle. Because the security for the title loan is provided by the value of the vehicle and not by the credit of the borrower, we will give you an amount that is a percentage of this value up to a limit of $25,000. As for how long it would take for you to receive the money, we are pleased to tell you that we have made everything as convenient as possible for you. The loan procedure gets activated immediately after you have submitted to us your online application. Usually, you can receive the cash in an hour.

What if I get delayed in my payments?

    We suggest that a borrower first evaluate his or her finances to determine the amount that he or she is capable of paying before applying for a car title loan in Orlando, Florida. In spite of that, if the borrower has received a loan and later discovers that he or she is incapable of repaying the amount at the specified dates, he or she can inform the loan store manager. The borrower can inform the manager about the situation so that they can establish a repayment plan. Repossession of the car is possible if payments cannot be made. However, this will always be used as a last resort because it is a costly and lengthy process.