Yes, if you own your car you can apply for a Title Loan. If you are still making payments on your car, then you can apply for a Registration Loan.

A title loan is a short or long term loan in which your car title will be used as collateral. As the borrower, you must own your vehicle outright with no lien holder. In essence, if you do not pay your loan back, you will no longer own your car.

Yes, with a title loan you are still able to retain possession and use your vehicle, unlike many of the loans that pawn stores offer.

If your car has been so badly damaged that the insurance company has deemed it to be a total loss, instead of getting a new car title, you may be given a ‘salvage title’. While having a salvage title significantly reduces the value of the vehicle, you still may be able to receive a loan.

Motorcycles can be used to obtain a title loan with a maximum value of $2500.

The way a title loan works is simple but you must own the vehicle to obtain one. You offer your car title as collateral and in exchange, you can get cash today. While you are making your scheduled payments, you keep driving your vehicle. Once the loan has been satisfied, the title will be returned to you. While it is easy to obtain a title loan, there is a risk of having your car repossessed if you do not make your scheduled payments.

Arizona has set maximum monthly rates depending on the amount of the loan. For loans of $500 or less that rate is 17% (204% APR), for loans of $500.01 up to $2,500 the rate is 15% (180% APR), for loans of $2,500.01 up to $5,000 the rate is 13% (156% APR) and for loans over $5,000 the rate is 10% (120% APR).

The cost will depend on how much you borrow and the length of the loan (a.k.a. loan term). Monthly rates, which must conform to Arizona State Statutes can range from 10% on loans over $5,000, and up to 17% on loans of $500 or less. No matter how much you borrow, or the original loan term, you can always pay off your loan sooner than anticipated without a penalty or hidden fee.

1 Stop Title Loans offers loans up to $50,000. The amount that we lend to a specific borrower depends on the value of the vehicle owned by the borrower, the borrower’s income and the individual needs of that borrower. We are committed to being part of your financial solution and success. We do not want to issue a loan that would require payments that you are unable to comfortably make. Our loans have various terms, so that you can ultimately determine what payments will fit your budget.

Title Loan rates, like the rates of many other short term loans, are higher than other financial products such as a mortgage or a new car loan. However, unlike a typical mortgage or new car loan, you will not be charged a higher interest rate or denied altogether due to poor credit history.

Most loans are satisfied within one year by making 12 monthly payments. However, with larger loan amounts there are more term options that can extend the term up to 4 years. Of course, even if you choose a three year loan term, for example, you are free to pay that loan off early with no additional fees or penalties. In fact, no matter the loan amount or how long of a term you choose, making early or larger payments can save you a significant amount of money.

Simply bring in your vehicle, Arizona title and registration, a valid ID (you must be at least 18 years old), along with your most recent pay stub (or pension statement, awards letter, etc.), and proof of residence to any of our locations.

Yes. While income is required, that income could come from a variety of sources like employment, a pension or social security.

In compliance with Arizona Revised Statutes 1 Stop Title Loans also offers loans to consumers who are still making payments on their vehicle. These are referred to as registration loans. The loans are very similar, however, the amount you are able to borrow may be significantly reduced.

Yes, all of our locations are open Saturday ready to provide you with the cash you need. Click HERE for store locations and hours.

Title loans come with a higher interest than some other financial products (credit cards, for example) so they should not be taken out on a regular basis and should be paid back as soon as possible. There is also a risk of losing your vehicle if you fail to make your scheduled payments. While this sounds risky, it is like almost every other loan product on the market, as long as you are paying the loan back as scheduled you will never pay more than is called for in your loan agreement and your property is not at risk.

Yes, we are licensed and regulated by the Arizona Department of Financial Institutions.

You may call 623-748-4105 for more information or stop in to one of our many locations throughout the valley.