Auto Title Loans FAQs
- What is an automobile title loan?
An automobile title loan is a loan secured by a paid off vehicle. - How long can I keep my automobile loan?
Our loans are set up for 30 days but at the end of that 30 days you can either pay off the loan or you have the option to pay the minimum interest and extend your loan for another 30 days. You can extend your car title loan as many times as you need to. - Do I get to keep my car to drive during the loan?
Yes. At CarCash Auto Title Loan we know you need your vehicle to get back and forth to work and other daily activities. - What are the qualifications for an auto title loan?
- You need a vehicle in driving condition
- A free and clear AZ title to your automobile in your name
- Current AZ registration in your name
- Valid AZ driver's license
- Full coverage insurance (if your loan amount exceeds $1500)
- Current utility bill in your name
- Proof of monthly income of at least $1000 or social security or other benefits with a gross monthly of at least $600
- Five references
- Extra set of keys
- You must be at least 18 years of age
- What type of car insurance do I need?
If you are borrowing less than $1500 you only need to have liability insurance. For a larger loan amount you must have or be willing to add full coverage insurance. - Do I need to have good credit?
No. We do not base our loans solely on credit history. It is merely one factor that we use in determining loan approval and it will not automatically disqualify you. - Do I need a checking or savings account?
No. CarCash Auto Title Loan has several other ways to get you the money you need quickly. - How much can I borrow against my car title?
You can borrow between $300 - $50,000. We loan a percentage of the value of the paid off vehicle. - How can I estimate my car's value?
You can get an approximate car value by using the resource Kelley Blue Book - Are there any pre-payment penalties?
No. You can pay your loan off at anytime with absolutely no penalty and no hidden buyout costs. - How fast can I get approved?
CarCash Auto Title Loan can get you approved in 30 minutes or less!!! - How fast do I get the money?
Upon approval you can get cash immediately at our office. - How do I get started?
You can fill out our online auto title loan application or call us at (520) 791-2274.
