Title Loan Activity in the 90242 Area
14
Loans Funded
$3,996
Average Loan Amount
2014
Average Vehicle Year
Recent Loans Near 12047 Paramount Blvd
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2004 | Dodge | Ram 2500 | 250,000 | $3,015 |
| 2011 | Lexus | RX 350 | 145,000 | $2,790 |
| 2017 | Chevrolet | Malibu | 80,000 | $3,332 |
| 2014 | Freightliner | M2-106 | 242,635 | $7,215 |
| 2020 | Toyota | RAV4 | 52,409 | $2,525 |
Actual loan amounts vary based on vehicle condition, mileage, and state regulations.
Most Common Vehicles
Chevrolet ($4,147 avg), Toyota ($3,415 avg), Lexus ($4,216 avg)
Know Before You Borrow in California
- Interest rate cap: 36% per year plus Federal Funds Rate (~39.6% APR as of Feb 2026)
- Loan range: $2,500 to $10,000+
- Repayment term: 12 to 60 months with fixed monthly payments
- Regulated by: Department of Financial Protection and Innovation (DFPI)
For complete California title loan regulations and consumer protections, visit our full California guide.
Quick Answers About Title Loans in Downey
Yes. Vehicles with high mileage regularly qualify. Near 90242, a 2004 Dodge Ram 2500 with 250,000 miles on it was approved for $3,015. The average mileage among borrowers in this area is 137,254 miles.
Yes. Trucks and SUVs often qualify for higher loan amounts due to their value. Near 90242, a 2012 Chevrolet Silverado 1500 with 190,000 miles was approved for $6,585. Bring your truck or SUV title to get a free estimate.
With a car title loan in Downey, you use your vehicle’s equity to borrow – not your credit score. The lender holds your title as security while you keep driving. You repay in fixed monthly payments over a 12-to-60-month term. When the loan is paid off, you get your title back. In California, rates and terms are regulated by the DFPI.
No, a low credit score will not automatically disqualify you in Downey. Because the loan is secured by your vehicle, approval is based on what your car is worth and whether you have income to support repayments. Credit history is a minor factor.