1 (800) Car-Title offers large loans and accepts motorcycle and RV titles, setting it apart from other title lenders. But its high rates — alongside poor reviews of its parent company — mean you might end up paying more than you bargained for.
$2,000
Min. Amount
1 to 2 business days
Turnaround time
| Product Name | 1 (800) Car-Title |
|---|---|
| Min. Amount | $2,000 |
| Loan Term | Up to 65% of the vehicle’s value |
| Loan Security | Secured |
| Turnaround Time | 1 to 2 business days |
| Requirements | Own a car worth more than you want to borrow, have a regular source of income, ages 18+ |
1 (800) Car-Title is a short-term lender that offers auto title loans for cars, RVs and motorcycles. Founded in 2001, it’s licensed in eight states and considers applicants with bad credit or no credit history at all.
With a car title loan, you put up your vehicle’s title as collateral for the loan. 1 (800) Car-Title offers loans up to 65% of your vehicle’s trade-in value with minimum that vary by state.
Loan terms are anywhere from 2 years to 4 years. Terms are longer than most auto title loan lenders offer, but it translates into more interest you’ll pay over the life of your loan — especially with rates that start at 35.5% to 199.99%.
The process of borrowing a title loan for your motorcycle or RV is similar to getting one for your car. 1 (800) Car-Title works with you to determine the value of your vehicle and the amount you can borrow based on your ability to repay.
Unlike other short-term loans, auto title loans are secured by the title of your vehicle. By securing the loan with your car, you might see lower rates than those through a payday or installment loan. But you face worse consequences if you’re unable to pay it back, including repossession of your car.
If you’re not sure you can afford your loan, consider short-term loan alternatives instead. Or browse your payday loan options for quick cash.
Yes. 1 (800) Car-Title maintains a secure website with industry-standard encryption to keep your personal and financial information safe. It’s licensed in every state it services and advertises a privacy policy that outlines the information it collects through cookies.
In its terms of service, it provides the contact information of its parent company, Wilshire Consumer Credit, for questions or complaints about the website or 1 (800) Car-Title’s services.
There aren’t many reviews on 1 (800) Car-Title beyond its own page on customer testimonials. However, we didn’t have the best experience when we called the lender to get basic information about its rates and loan amounts. We were abruptly put on hold for over five minutes — at which point we just hung up.
Its parent company, Wilshire Consumer Credit, earns a few reviews — most negative. In fact, its Better Business Bureau (BBB) page not only gives it a B rating but also reports government action against the company.
The state of California took legal action against Wilshire Consumer Credit in 2015 after a series of violations against California’s financial codes. These violations included paying unlicensed people to solicit or accept applications for loans. It failed to provide full records and has been ordered to stop these violations. While this doesn’t mean much for the average customer, it suggests that your information might not be safe when it’s not online.
Beyond this, Wilshire Consumer Credit earns a handful of negative reviews and filed complaints from people who say that Wilshire refused to release their title after a loan was paid in full. Others say they were harassed by employees. While this isn’t 1 (800) Car-Title itself, it doesn’t shed a good light on its business practices.
1 (800) Car-Title doesn’t have require strict eligibility criteria, but you must meet general requirements:
You may need to provide government-issued ID, a copy of your car title and other personal information alongside your application.
Apply for a loan by phone or through the 1 (800) Car-Title website:
Write down your customer code. A representative will call to finalize your application, or you can call 1 (800) Car-Title with your Customer Code for immediate help.
Once you have your loan, it’s time to budget for repayments through methods that include:
To save on interest, pay off your loan at any time with no prepayment penalty. Larger payments or simply repaying your loan in full when you’re ready can save you hundreds or even thousands of dollars in interest over the life of your title loan.
This established lender offers competitive rates for qualified borrowers and accepts more than just cars as collateral.
But take care: Auto title loans are expensive. And with so many negative reviews of its parent company, read your loan terms carefully before signing a contract.
