Car Title Loans in El Cajon

Car title Loan FAQ

Serving El Cajon, Grossmont, La Mesa, Spring Valley, Santee and Lemon Grove

How do you determine how much I can get for a title loan?

We use software that looks at the current auction value of your vehicle, if it was to be sold at this moment. Using that information we typically loan around (but it could exceed) 50% of that amount. The more you tell us about your vehicle, the more accurate we can get on the number.

How does the interest rate work?

First, you should know that the interest is monthly, not yearly. Title loans are an expensive option but they are also easy to get. On loans of $2600 to $4999, the interest rate is 8% and on loans $5000 on up, the interest rate is 7.5%.

How long do you write the loan for?

When we put the loan together we will write it (depending on the loan amount) for either 2 or 3 years. You can pay it back at anytime and there is no prepayment penalty to do so.

How would I make payments if you guys are on the internet?

We use the internet just like we would use the the radio or the yellow pages to get our name out there. We have a physical location and if you are in the area, you can drop on by to make your payment. Otherwise you can mail it to us or log on to a special site for customers to see your account and make online payments.

Do you do title loans on motorcycles?

Sorry, no. We also do not do boats or RV's.

If I have a loan from another car title loan company, can I have your company pay them and get a new one from you?

Yes, if your vehicle still has value.

Do you take salvaged titles?

No.

How come you do not give me a loan on the retail value of the vehicle?

Because we are not buying your car. We do not want your vehicle. We just want to give you a loan and you are using your vehicle as security on it. We therefore have to make sure it will have value over the term of the loan.