Title Loans AlhambraCar title Loan FAQWhat is the smallest amount of money I can borrow?Our smallest loan starts at $2,600 and typically goes up to $30,000. The amount of money is determined by the value of your vehicle. Do I get to drive the car?Yes. We only take the car title so you still drive it during the repayment of the loan. It never leaves your control.How much income do I have to make to qualify for the loan?You do not have to be employed but you do have to bring income to pay on the loan. We look for $1,500 a month as a benchmark. Self employed okay. Retired okay too. What is your interest rate?Don't be fooled by other companies promising a lower interest rate only to add hidden fees to your loan. Our fee is monthly and for loans $2,500 to $5,000 loans it is 8% and above that is 7.5%. There is no prepayment penalty if you pay early. How fast is this process?We can approve you in 5 minutes and get you funded later the same day. |
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