Car Title Loans In Jacksonville FL

It can be difficult to borrow money with a low credit score, and most unsecured lenders take days to process and underwrite your loan application. So what are you supposed to do if you need fast cash but can't get approved for a payday loan or line of credit? Here in Jacksonville, you can now use the equity in your vehicle as collateral for a loan. You don't even need a good credit score to qualify! Highway Title Loans offers cash for the equity in your vehicle and most newer paid off vehicles will qualify.

With a car title loan, you can borrow over $3,000 in Jacksonville, Florida; best of all, it takes less than 24 hours to approve and underwrite your loan. The requirements are minimal; other than a vehicle titled in your name, the funds can be sent straight to your checking or savings account with direct deposit. Learn more about how these title pawns work and what you need to get approved!


How Do Title Loans Work And What's Required In Jacksonville

Car Title loans are secured by the collateral from your vehicle's title. A lender will offer you a loan based on your equity; those amounts typically equal 35% to 65% of the current resale value. Title loans have become common in Jacksonville over the past few years as the requirements are far less than what you need for a personal loan. To qualify for a Jacksonville title loan, you must meet the following requirements:

Proof Of Residence: Verify residency in Florida with a utility bill, mortgage documents, driver's license, or passport.

Income Verification: Submit proof of income to demonstrate your ability to make the monthly payments. Proof of income can be from bank statements, employment records, social security forms, or annuity statements.

Vehicle Title: You can only qualify and be approved for a Jacksonville title loan with proof of vehicle ownership. The car must be titled in your name, and you must possess the pink slip. Your lender will be noted as the primary lienholder for the vehicle.

Photos Or Videos Of Your Vehicle: We need to verify the collateral for a title loan. Companies offering Florida car title loans may still require a vehicle inspection if you're looking for more than $5,000, but that's not always the case in Jacksonville. Still, we need recent photos of your car or truck with current odometer readings and a picture of the VIN.


Jacksonville Beach


The Process To Get A Car Title Loan In Jacksonville, Florida

If you're sure a title loan is your best option, Highway Title Loans is the place to start! You can complete our online application with your vehicle information, contact details, and desired loan amount. You can also call us at 877-433-5454 to get started. It only takes 15 minutes to complete the application and proceed to underwriting.

After we receive your vehicle information and get you a quote with different payment terms, interest rates, and loan amounts, you choose the best lending option. We may then ask for additional documentation to verify your exact loan terms. Once we verify the information, we'll match you with a licensed title loan company in Jacksonville.

To finalize the loan, you must agree to the lending terms, sign off on the contract, and add the lender as a lienholder to the pink slip. The last step is getting your cash, which can happen that day! Some local lenders in Jacksonville offer funds just minutes after approval! Others will send the money to your checking account through direct deposit. If you don't have a bank account, you can request a money order or have the funds sent to a debit card.


The Wells Fargo Center in Jacksonville


Loan Amounts With A Title Loan In Jacksonville Florida - What Is The APR

Loan amounts in Jacksonville depend on several factors, and the exact amount varies based on your underwriting profile, lender requirements, and the vehicle's resale value. Most title loans in Florida start at $500 and go up to $20,000 for high-value cars and trucks with low mileage. As of 2024,  the average funding amount is $2,000; the loan amount is primarily determined by how much equity you have left in the vehicle. Vehicles with low mileage will get you the highest funding amount, and we also offer title loans on classic vehicles that still hold their value.

The APR is set according to state laws; there's always room to negotiate with your lender and lower the rate. One thing to remember with a title loan is that you don't always have to pay a high rate!  Title loan providers in Duval County set rates between 40% and 125%, so you can see how important it is to find a lender offering the best APR.

While we won't always check your credit score, these bad credit title loans are an option for anyone with poor credit. We know most applicants have poor credit scores and you should be able to borrow upwards of $5,000 even with a low FICO score. Are you dealing with a high interest title loan from another local lender in Jacksonville? Don't hesitate to contact us and see how much we can reduce that rate for a title loan refinance.  Even if your interest rate is less than 40%, it doesn't take more than a few minutes to see if you can reduce your APR and get a quicker payment term!


I Need Cash Fast - Apply With Highway Title Loans In Jacksonville

Apply online or contact Highway Title Loans at 877-433-5454 for a low-rate quote. There's no need to worry about your poor credit, and we'll get you the highest loan amount possible for your vehicle's value in Jacksonville! We'll process your application quickly and get you a pre-approval quote in less than an hour. Get started now!


Other Cities In Florida:

  • Fort Lauderdale
  • Key West
  • Miami