Does taking out a car title loan help or hurt my credit?

Let's get started

Get your cash today by filling out this form or for instant pre-approval call (855) 561-56262

  • 1
    Car Information
  • 2
    Your Information
  • 3
    Free Estimate
By tapping or clicking “Get Your Estimate”, you acknowledge and agree to the Terms of Use, FCRA Policy, Electronic Consent and Privacy Policy. You acknowledge and agree that you are providing express written consent for Tradition Media Group LLC to share information you've provided, and for TMG and/or up to six partners to contact you with marketing and other messages via email and/or at the phone number provided via automatic dialing systems, recurring autodialed and prerecorded calls, or SMS/MMS messages (charges may apply), even if my telephone number is listed on a Federal, State, or other jurisdiction Do-Not-Call list. You acknowledge that consent to these communications is not a condition to utilizing these services.

Thank you!

Your application has been submitted.

For faster service call us now!


Next steps

Confirm there are no errors on your credit reports! Your credit score is not a factor but your information must be accurate.

Thanks for Applying

Congrats! We received your application. You might need car insurance for your loan. Click here to compare rates.

Click to Find Insurance

* Clicking the button will direct you to our partner for Car Insurance.

Application Submitted

While we process your info we recommend also applying for a personal loan or credit card to get more money!

Click Here

* Clicking the button will direct you to our partner for Personal Loan or Credit Card Offer.

Thanks For Applying!

We don't offer title loans in your state might be able to help with a personal loan or credit card.

Click Here

* Clicking the button will direct you to our partner for Personal Loan or Credit Card Offer.

Thanks For Applying!

We got your application. If you need immediate cash try a personal loan or credit card offer and we will call you 1st thing in the morning.

Click Here

* Clicking the button will direct you to our partner for Personal Loan or Credit Card Offer.

Thanks For Applying!

We have found a great match for Car Financing!

Get My Financing

* Clicking the button will direct you to our partner for Car Financing.

Thanks For Applying!

We have found a great re-financing match with CarZing!

Get My Financing

* Clicking the button will direct you to our partner for Car Refinancing.


Want to know how much your payments will be? Use our title loan calculator to find out.

Max Cash Calculator
Big Phone Icon - Transparent and Black

Instant Pre-Approvals

Call us anytime seven days a week for instant pre-approvals! 2

(855) 561-5626

It can be incredibly stressful to be suddenly faced with a bill you weren’t expecting and don’t know if you could afford. When borrowing from friends or family isn’t an option, you may consider contacting a financial institution. This may leave you wondering if you need to have good credit to get a loan. To find out, keep reading. You could also find answers to some other common car title loan questions. And if you have a question that isn’t answered, the friendly staff at Max Cash Title Loans may be able to help you.

Good credit is not required in order to receive title loan approval. What is a good credit score anyways? Having “good credit” does not always accurately determine your ability to pay back a loan, and that is why auto title loans are flexible when it comes to credit.1 For title loans, a qualifying vehicle title is used collateral, so the loan funding is secured. This means that perfect credit isn’t required. Title loan lenders also often use the value of your vehicle to determine the amount of money they can loan you. If you’re looking for a convenient short-term loan options that can come with fast approval, despite credit, a title loan could be the perfect choice for you!

Can I Get a Car Title Loan with Bad Credit?

Traditional lenders place a lot of weight on a borrower’s credit score. They give the best rates to people with good credit, and often reject people with poor credit. And don’t even consider people with no credit history! Car title loan lenders are nothing like this. They are much more interested in things like your ability to pay your loan back and the equity in your car. Even if you have bad credit or no credit, you could still potentially get a car title loan. They will need to ensure that you aren’t currently in bankruptcy. If you are, you may need to ask the courts if you’re able to take out a loan. 

What Do I Need to Get a Car Title Loan?

Now that you know that good credit isn’t a requirement for a car title loan, you’re probably wondering what is. You’ll need things like:

  • Qualifying title for the vehicle
  • Proof of income
  • Photos of the front, back, and sides of vehicle
  • Proof of residence (certain pieces of mail)
  • Government-issued I.D. (driver’s license, state I.D., passport, etc.)

Depending on the lender you approach, they may not actually require you to submit photos of your car. Instead, they may ask you to bring your car down to their brick and mortar location to inspect it in person.

Are There Hidden Fees with Car Title Loans?

People researching car title loans are often worried when they hear horror stories about things like hidden fees. Reputable lenders never include hidden fees in their car title loan agreements. Instead, they do their best to produce car title loan agreements that are both clear and easy to understand. You’ll won’t be saddled with things like prepayment penalties; you shouldn’t be punished for trying to pay your loan back as quickly as possible.

Borrowers will also avoid balloon payments when working with reputable lenders. They won’t hit you with an enormous payment at the end of the life of your loan. Always read your entire loan agreement and ensure that you understand it. If you have questions, be sure you ask your lender.

Can I Get a Car Title Loan if I Don’t Have My Car’s Title?

You will need a copy of your car title in your name to get a car title loan. If you don’t have one, you’ll need to get a new copy issued from the DMV. Some DMV locations may even be able to provide you with an expedited copy of your new title. If you aren’t sure where to begin, you could reach out to the helpful staff at Max Cash Title Loans. We may be able to point you towards the nearest DMV capable of giving you an expedited title. In some instances, we may even be able to assist you directly with your new car title.

What Can I Use as Proof of Income for a Car Title Loan?

Many people think the only thing you’re allowed to use for a car title loan is a recent pay stub. They couldn’t be more wrong! While many people do use a pay stub for proof of income, there are actually a number of documents you could use to demonstrate your ability to pay your loan back. For example:

  • Annuity
  • Settlement/Court-Ordered Award
  • Social Security
  • Inheritance
  • Workers’ Compensation

How Much Money Could I Receive with a Car Title Loan?

The amount of money you could get with a car title loan depends on a few things. The most important factors include the equity in your car and your ability to pay your loan back. That’s why lenders perform an inspection of your car and ask you for proof of income.

If you’re staring down at an unexpected bill, wondering how you’ll pay for it, you may be worried that you need good credit to obtain any kind of loan. However, having bad credit, or even no credit, may not necessarily prevent you from getting a car title loan.5 

So Use These Tips To Get The Most Out Of Your Car Title Loan:

  1. Get enough money to pay DOWN some revolving credit cards and the extra cash you need.
  2. Get your credit score for free.
  3. If you have a credit card, most will allow you to get your score from their site. Monitor it!
  4. Make sure you know the APR of all your credit cards. Use a spreadsheet and list them all. Pay down the highest and leave the lowest. As you pay off the highest, every month, you will see your credit improve.

Remember a simple rule in improving your credit as you pay down your credit cards… never pay the minimum. Whatever they ask for, pay more…even if its a little… you will notice your payments lower each month. So “Pay the Highest Rate” and “Pay more than what they ask”.

Call Us To Run Through Your Options!

We are not your lender. We are not going to get you in trouble. What we can do is go over options to get that loan paid off by another lender or even call your current lender and get the one you have right now redone so it works. Don’t be afraid. We help people in this situation effortlessly. 855-561-5626 and ask the loan processor about refinancing your loan and be honest. If you’re not sure where to begin, or how to find a lender, the customer service representatives at Max Cash Title Loans are standing by to help you get started.