Title Loans Naperville
Frequently Asked Questions

What are auto title loans?

Auto title loans are short-term personal loans that are based on the equity of your car, pickup truck, SUV, or van. We use your vehicles’ value as collateral to establish the loan amount, but we still let you keep your car as we only hold the title as collateral. Title loans are quite similar to home equity loans, just on your car instead of your home.

What forms or things will I need to provide to get approved?

Our loan agents will go over with you what you need to bring to get your title loan, but make sure that you have the following ready before you apply:

• Your valid Illinois drivers license or a state ID
• The original title to your vehicle
• Your vehicle
• Proof of income
• Proof of insurance
• List of references

How much money will I get from my loan?

Your loan will be determined on your car, specifically the make, year, model, mileage and condition of the vehicle. The minimum amount we will loan is $1,500 and the maximum is $4,000. Your vehicle must be newer than 1999 to be approved, and any extras or upgrades will affect the price of the loan, so make sure to be as descriptive as possible when filling out the application on our website.

Does the car need to be titled in Illinois to be approved?

Yes, we do not approve title loans for out of state vehicles.

Are you going to hold the car while I have the money?

Absolutely not. That’s what separates us from auto pawns. You get full use of the vehicle and we only hold the title to your vehicle as collateral, which you will get back when the loan is completely paid off.

What if my car isn’t fully paid off yet?

Typically we will be able to get you approved if you have 6 payments or less left on your vehicle. Your loan will be adjusted for this, so make sure to inform the agent how many payments you have left.

What if I don’t have a job?

It doesn’t matter if you are employed, unemployed, retired, or on disability. As long as you have means to pay the loan payments every month, then you can still get approved for a title loan. We will still need you to supply proof that you still have earnings of at least $1,500 each month for the payments.

How long until I have to pay the title loan back to you?

Depending on the size of the loan and the value of your car, you will have between 24 and 36 months until you have to fully pay back the loan and the interest on the loan. In order to tell you how long you have to pay your loan, fill out our application.

My car title isn’t in my name. Can I still get approved?

Unfortunately, we do not issue car title loans if your name is not on the car title unless it is in your spouse’s name. If that is the case, then your spouse has to be the one to sign the documents for the title loan.