How much cash can i get
Find out now. It's fast, secure & free!
General Title Loan Questions
What Is a Title Loan?
A title loan is a loan against your car or other vehicle’s value. Montana Capital may be able to approve an SUV, van, motorcycle, boat, or even RV. We take possession of your title until you pay off the balance. Approval and the amount you can get is dependent on your ability to repay the loan and your vehicle’s value. You keep the car and drive it like you normally would during this time. When you pay the loan off, you receive the title and can do what you want with the vehicle.
Approved applicants can borrow up to 70% of their vehicle’s value, between $2,600 and $20,000, and may receive funds as soon as the next business day. Borrowers can receive funds via check, MoneyGram, prepaid or debit card, or direct deposit.
If you are experiencing a financial emergency or are having difficulty getting financing due to poor credit, title loans may be a good option to get cash quickly.
Where Can I Get a Loan?
It takes only a few minutes to get a pre-approval to see how much cash you can get. Once you’re pre-approved, you can upload or send your qualifying documentation to complete the process.
In many cases, we can fund the loan within 24 hours of approval and receipt of your qualifying documentation.
How Much Money Can I Get With a Title Loan?
At Montana Capital Car Title Loans, our minimum loan amount starts at $2,600 and goes up to $20,000. We lend up to 70% of the value of your vehicle as long as you can prove you can afford the payment.
Check out how much you can get with Montana Capital Car Title Loans using our quick and free online application. It’s safe, easy, and only takes a few minutes to complete!
Do You Charge Anything to See if I Qualify for the Loan?
We do not charge any fees to apply for a loan or determine the value of your vehicle. There are also no fees if you don’t move forward with the loan.
In short, applying for a loan with Montana Capital Title Loans is risk-free, and there is no pressure to move forward. To learn more, click here. Just complete a few quick and simple steps to receive your free quote. Not only is it safe, but it’s also free! Apply now!
How Long Does It Take To Get a Title Loan?
After applying for a car title loan, we move quickly to process and fund your loan. If you provide the necessary documentation and meet the loan requirements, we may be able to fund your loan in as little as one business day, and sometimes sooner.
How Do I Apply Online for a Title Loan?
To apply for a title loan online, click here.
You’ll answer a few simple questions regarding the amount you need to borrow, your state, your estimated credit score, the reason you need the money, and your email address. Our system automatically determines if you’re pre-approved, and you’ll get an answer within minutes.
Next, you’ll upload your documentation and send your title to us. Once we have proof of the title on its way, we’ll fund your loan.
How Do I Get Car Title Loans Completely Online?
We make it easy to get your car title loan online. Simply click here to start the application. Once pre-approved, you can upload your documentation to the online portal, including pictures of your car, to determine its value.
Once approved, you can pick up your check at a local branch, visit a local MoneyGram location in your nearest Walmart, or have the funds deposited to your debit or prepaid card (this only works with certain cards).
Can I Apply if I Have Bad Credit?
The good news is you can apply for a car title loan with bad credit. We may check your credit report, but it’s not the only information we use to determine if you qualify.
The main contributing factor for approval is your ability to repay the loan. With a steady income from any source, not just employment, and proof of enough collateral in the car, you may be eligible for a car title loan even with bad credit.For details about eligible sources of income, check out our article here!
Do I Get to Drive My Car While the Loan Is Outstanding?
When you borrow money with an auto title loan, you keep the car, just not the title. You send the title to us, and we keep it until you’ve repaid the loan in full. You are free to drive the vehicle, but you cannot sell it until you pay the loan as stated in the loan agreement. We hold the title as collateral. If you don’t make your payments, we reserve the right to repossess the car to get the money back.
If I Do Not Pay, Will My Car Be Repossessed?
If borrowers do not make their payments and default on the loan, their vehicle can be repossessed. However, it is in neither the borrower’s nor the lender’s best interest for this to happen. The borrower loses their vehicle while the lender has to go through a lengthy repossession process and risk losing money on the vehicle.
Therefore, if you are having trouble making your payments, speak to a Montana Capital representative to discuss your options and see how we can help.
Aren’t Title Loan Interest Rates Considered High?
Yes, title loan interest rates are high. According to the Federal Trade Commission’s website, the average title loan finance fee is 25%, with an APR of 300%. This is why we always recommend only using a title loan when you’re experiencing an extreme financial emergency and don’t have any other options.
While Montana Capital’s interest rates vary, the good news is that we don’t have prepayment penalties. This means you can repay the loan early if you have the funds sooner. This can save you money on interest payments.
Is It Better to Start the Process Online or in Person?
Online title loans are the fastest way to access the cash you need. You only need a few minutes to apply for a title loan online, and if you provide the necessary documentation quickly, you can get approval fast. Then, depending on when you apply for the loan, you may get your funds as soon as one business day later.
At Montana Capital, we want you to feel comfortable with the application process. It is up to the applicant which process is better for their unique situation. If you have any questions while applying for a loan online vs. in person, feel free to call us at 1-888-700-8900.
What Are the Montana Capital Title Loan Requirements?
To get a title loan at Montana Capital Car Title Loans, you must meet the following requirements:
- You must be a minimum of 18 years of age
- Your name must be on the title as the legal owner
- You must have a lien-free vehicle title in your name
- You must prove you have the income to afford repayment
- You must have adequate value for the required loan amount
- You must have proper government-issued photo Identification
What Documents Do I Need to Provide in Order to Get a Title Loan?
To get approved for a title loan, we need certain documents uploaded to prove you can afford the loan and that there’s enough collateral in your car to guarantee it. To do this, you will need the following:
- Proof of income:
- Work paystubs
- Bank statements
- Disability documentation
- Social Security benefits
- workers’ compensation
- Photos of your vehicle:
- Interior and exterior
- All sides and angles
- Prove your identity and residence:
- Government-issued photo ID
- References in some cases
Can I Get a Title Loan Without a Bank Account?
You don’t need a bank account at Montana Capital to get a car title loan. We offer several ways to receive your funds if you don’t have a bank account, including the following:
- Pick up a check at a local Montana Capital branch
- Visit your nearest MoneyGram located inside Walmart stores
- Direct deposit the funds to a prepaid card using Repay (not all cards allow this)
Can You Get a Title Loan Without a Car Title?
You need a car title to be eligible for a title-secured loan. However, our professionals at Montana Capital Car Title Loans are happy to help you to get a title. Many other factors, such as how much is left on your current loan, your ability to repay a title loan, and your vehicle’s resale value will be considered. Contact us today at 800-700-8900.
Does the Title Have to Be In My Name?
Your name must be on the car’s title to apply for a new title loan. If you own the car with someone else, the title’s wording will determine if you can apply for a title loan.
Look at the title, and in between the two names, determine if an ‘and’ or ‘or’ is listed. If it’s ‘and,’ you’ll need the approval of the other owner, and both must go on the title loan. But, if there is an ‘or,’ this allows either party to take out a title loan and works the same if your name was the only name on the vehicle’s title.
Can You Get a Title Loan Without Registration?
Yes, you are able to get a title loan without registration in most states. If you don’t have the funds to register the car, you can use some of the loan proceeds to go to the DMV and pay for car registration, or the professionals at Montana Capital may be able to help.
What Do I Need to Bring With Me to Have My Vehicle Appraised?
For an in-person appraisal or inspection you would only need to bring your vehicle however, with Montana Capital you may be eligible for an online process which include sending photos of your vehicle instead of getting your vehicle physically inspected. Apply online to day and find out if your are eligible for our online process.
Must I Have Collateral for a Title Loan?
Yes, you must have collateral for a title loan because it is used to secure the loan. In other words, your vehicle is used to protect the lender in the event you default on the loan. If that happens, it can be sold, and the funds used to pay off your loan.
That is why the vehicle’s value must be determined before the lender approves your loan to ensure it is worth the risk.
What Can Be Used for Collateral?
The collateral for title loans is the vehicle on the title. The collateral we accept for title loans includes:
At Montana Capital Car Title Loans, any of the above vehicles can be used as collateral as long as it’s worth enough to cover the loan, leaving 30% equity in the vehicle. In other words, we can only lend up to 70% of the value of your vehicle.
Do You Need Insurance to Get a Title Loan?
All states require auto insurance to drive a car except for Virginia and New Hampshire. However, insurance requirements to qualify for a title loan vary depending on the lender.
In general, it is a good idea to have it to protect your asset since accidents and theft can happen. After all, you can’t have a title loan without the collateral that goes with it. Plus, paying back the loan AND paying for car repairs can be costly.
At Montana Capital, full coverage insurance is required for loan amounts over $5,000. Give our representatives a call at 1-888-700-8900 for help finding the best insurance policy for you.
Do I Need to Have a Job to Be Approved for a Title Loan?
You don’t need a job to get approved for a title loan with Montana Capital Car Title Loans. However, you do need proof of income. We offer many ways to prove you can afford the loan, including the following:
- Social Security benefits
- Passive income
- Side hustle income
- Disability income
- Annuity income
- Severance pay
- Inheritance/trust fund
- Cash settlements
No matter the type of income, we’ll need proof of receipt and continuance to use it for loan approval.
Can I Get a Loan With a Low FICO Score?
Credit is only one determining factor in getting a car title loan at Montana Capital Car Title Loans. There is no set minimum score. While we complete a credit check to verify information on your application, we work with borrowers with all types of credit.
The largest determining factor is that your car has enough value and you have enough income to cover the monthly payment.
Can I Get a Title Loan Without Proof of Income?
You can get a title loan without proof of income from a job. So, you don’t actually need to be employed to get approved. We can accept other forms of income, such as Social Security, disability, inheritance, worker’s comp, or side hustle income, to prove you can afford the loan.
Income is one of the main qualifying factors when applying for a title loan. At Montana Capital, we need to ensure that you are able to make your payments. Therefore, we only require proof that you can afford the loan, regardless of its source.
What if I Don’t Even Have a Car Title? Can You Help Me Get One?
Can I Still Get a Title Loan if I’ve Had a Bankruptcy in the Past?
Yes, as long as your bankruptcy is discharged, you may be eligible for a title loan. At Montana Capital, we focus on what you can pay now rather than what happened in the past. Our focus is on the value of your vehicle and your income so you can repay the loan.
If you need the funds, don’t let past bankruptcy stop you from applying for a vehicle title loan at Montana Capital.
Can You Get a Title Loan on a Leased Car?
Unfortunately, you cannot get a title loan on a leased car. You must have a lien-free car title with your name on it to get a title loan. However, if there is enough collateral in the vehicle, we may be able to use some of the funds from the car title loan to buy out the lease, giving you the remaining funds for your emergency use.
Can You Get a Loan on a Car With a Salvage Title?
Some borrowers may be able to get a loan on a car with a salvage title. Approval is on a case-by-case basis and depends on the extent of the damage, the car’s value, and your ability to repay the loan.
When a car is labeled as salvaged, its value goes down significantly. The exact percentage varies, but is generally accepted to be 40-50% lower than another vehicle of the same make and model with a clear title.
Can I Get a Title Loan While Still Paying on My Car?
Most borrowers must have a lien-free car title before getting a title loan. However, in some cases, we can pay off the remaining loan balance with the title loan funds. This works best when you have only a few payments left.
It is possible to receive a title loan on a financed vehicle. Apply with Montana Capital Car Title Loans now to find out if you are eligible.
Can I Get a Title Loan With an Out of State Title?
Yes, you can get a title loan on a car if the title is from another state. However, you must prove in-state residency to qualify for the title loan in the state you apply. You must also meet all other title loan requirements to get approved for a loan.
Still have questions? Reach out to a Montana Capital representative or complete an online application to receive a free quote.
What if I Already Have a Title Loan With Another Company?
You can only have one title loan at a time per vehicle. However, you can apply for a new title loan with Montana Capital if you have already accepted a loan from another title loan company, as we may be able to pay it off for you.
We can pay off your current loan and offer you new and better terms in your title loan agreement. This could include additional cash and a different repayment schedule.
Are you in need of additional funds?
Read more about title loan buyouts
Can I Have a Co-borrower on My Title Loan?
Yes, you can have a co-borrower on your title loan. A co-borrower can help you get approved by providing more income to prove you can repay the loan, a leading factor for title loan approval. A co-borrower can be a parent, spouse, grandparent, aunt/uncle, or close friend.
Your co-borrower must provide proof of residency, income, and a valid driver’s license to qualify.
How It Works – Approval Process
How Does the Title Lending Process Work?
The title lending process is a simple way to use your car as collateral for borrowing money you need in an emergency.
To get a title loan, you must prove you have a lien-free title, have your name on the title, and have enough income to prove you can make the payments.
Applying for a title loan online and getting a quick pre-approval is easy. After uploading your qualifying documentation to the portal, we’ll review your documentation. If approved, you can keep possession of your vehicle, driving it around as you normally would, just with extra cash in your pocket. We may fund your loan as soon as the next business day.
We hold onto your title while you repay the loan, and you cannot sell the car during this time. Once you pay the loan in full, we send the title back to you, and you’re free to do what you want with the car.
How Do I Get a Car Title or Motorcycle Title?
How Fast Can I Get My Title Loan Money?
When you apply for an online title loan, you can be pre-approved quickly. If you accept the offer and upload your documentation, our professionals will review it as quickly as possible. Most loans are reviewed within 24 hours and funded by the next business day.
How long it takes to fund your title loan depends on the clarity of the documents you provide and how quickly we can determine your car’s value based on the photographs you provide.
How to Get an Online Car Title Loan With Montana Capital?
It’s easy to get online loans against your title with Montana Capital. Click here to apply, and you’ll get an answer on your pre-approval fast, plus a quote for free.
After pre-approval, you can review your offer and determine if you want the loan. If you’re going to move forward, you must upload the documentation necessary to meet the title loan requirements, including your lien-free vehicle title, proof of residency, driver’s license or state ID, and proof of income.
After we review your documentation, we’ll determine if you’re approved for the loan. If approved, we can fund the loan in as little as one business day, as there is very little paperwork to close your title loan, giving you access to funds fast. Get a car title loan with Montana Capital here.
How Do You Sell a Car With a Title Loan on It?
You can’t sell a car with a title loan on it. You must own the car lien-free. However, if you still have time left on your loan term, you have a few options:
- The easiest way is to pay the title loan off early. There’s no pre-payment penalty to pay it off early, and you’ll own the title to sell the car easily.
- Trade the car into a dealership. Some dealerships will work the title loan payoff into the new car’s deal. The dealer will then receive the title for the car.
- Sell the car to a private buyer. If you find a buyer willing to buy the car before receiving the title, you can use the proceeds from selling the car to pay off the title loan and provide the buyer with a clear and free title.
How Does a Title Loan Buyout Work?
A title loan buyout is like refinancing your loan. You take out a new title loan to pay off your existing title loan. This may be helpful if you can’t afford your current monthly payments. You’ll still have a lien on your title when you take out the new loan, but you’ll use the proceeds of the new loan to pay off the existing loan.
Before accepting a loan buyout, consider how much you’re extending the new loan term so you know how long it will be before you have a clear vehicle title.
How Do I Apply Online for a Title Loan?
Click here to apply for an online title loan. It takes only a few minutes to complete the application and get a free pre-approval answer and quote; no commitment needed. If approved, you can complete the entire process online without visiting a store, including providing pictures of your vehicle’s interior and exterior so we can determine its value.
Credit & Security
Can I Get a Loan With Bad Credit?
Yes, it’s possible to get a car title loan with bad credit. At Montana Capital Car Title Loans, we complete a credit check when evaluating your application. So, while we might consider your credit history, your ability to repay the loan and the value of your vehicle are the primary determining factors for loan approval.
Do Title Loans Lenders Check Your Credit?
At Montana Capital, we don’t check your credit during the first part of the application. However, if you are preapproved and would like to proceed with the loan, we will run your credit as part of the loan process.
Keep in mind that your credit score isn’t the only qualifying factor when applying for an auto title loan. Our primary focus is on the vehicle’s value and your income to determine approval.
How Does Credit Influence Approval for an Auto Title Loan?
At Montana Capital, your credit scores and history are only one area of focus. In addition , we look at your payment history and ability to afford the loan. Title loans are designed for those with bad credit, and this type of loan considers the possibility that applicants have low credit.
We know how difficult it is to get a traditional bank loan, and when you’re in a bind for money, a title loan may be a good option.
Can I Get a Title Loan if I Have a Lot of Debt or Credit Card Bills?
Having a lot of debt can be overwhelming, and we understand that. When unexpected things happen, getting money fast is imperative.
Title loans can help you get out of your financial emergency, even with a lot of debt. Our focus is on your ability to repay the loan and the equity in your collateral. As long as your vehicle has a lien-free title, you may still be eligible for a title loan.
How Can a Car Title Loan Help My Credit? Do You Report to the Credit Bureaus?
While we do not report your monthly payments to the credit bureaus, we do check your credit which may temporarily lower your credit score by a few points.
If you make your payments on time and pay off your loan, no negative long-term effects will come to your credit score. However, if you don’t make your payments or your car is repossessed, it may show up on your credit report and negatively affect your credit score if we report the instance to the credit bureaus.
A title loan may even benefit your credit score. If you work with a lender that does report your monthly payments, your consistent and timely payments may improve your score.
Is My Personal Information Safe With Montana Capital Car Title Loans?
Yes, under the Financial Modernization Act of 1999, or the Gramm-Leach-Bliley Act, financial institutions must have procedures in place to ensure their customers’ finances are protected.
All of the personal information we collect is for loan purposes only. We take your privacy seriously, take all necessary measures to protect our borrower’s information, and follow all industry regulations to keep your information safe.
Making & Receiving Payments
What Are the Different Ways to Pick up Car Title Loan Money?
Montana Capital Car Title Loans offers several ways to get the funds from your car title loan.
If you prefer to pick it up, you can visit one of our branches to get your funds. We also offer the option to pick up your funds at a local MoneyGram inside Walmart, send them directly to a prepaid or debit card, or deposit them via direct deposit to your bank account.
What Can I Do With the Money I Borrow?
We don’t tell you what you can or cannot do with your borrowed money. The money you borrow from your car’s equity is yours to use how you need. We suggest that you use the funds for a necessary purpose, though, as the interest rates on title loans are high and should only be used in emergencies.
Do I Get to Drive My Car While I Pay off the Auto Title Loan?
Montana Capital has locations across the US. Find the nearest one in our locations finder.
What measures do you take to protect my personal information?
Yes! That’s the best part of an auto title loan. You get to keep the car and drive it like you usually would. We hold onto the title while you make your payments, but you can use the car as needed. The only thing you cannot do is sell the car while you still owe money on your loan.
Driving your car while paying back your loan is only one benefit Montana Capital has to offer.
How Can I Make Loan Payments?
We offer many ways to make loan payments, including:
- Make payments online
- Make payments phone (818) 503-9393
- Cash at your local 7-Eleven
- Mailed check/money order
Typically, your first payment is due 30 days after signing the contract, and the typical loan term is 36 months. Then, when you’ve made your last payment, we’ll send your title back to you, and you can resume ownership of your vehicle.
How to Pay Off Your Title Loan Early?
Montana Capital Car Title Loans doesn’t charge a penalty for paying your loan off early. If you have the cash, you can make extra or lump sum payments to pay off your loan early.
Paying off your loan early will not only save you money on interest, but free up your budget. This will give you more money to put toward emergency savings and avoid borrowing money in the future.
Can I Make Extra Payments?
Yes, you are free to make extra payments whenever you want. As long as you make your regular payments on time, you can pay more when you have extra cash. This can help you get ahead and pay less interest on your loan by paying it off before the loan term ends.
Can I Schedule My Payments to Be Made Automatically?
Yes! Simply ask one of our loan specialists to enroll you into our recurring payments program and you can have your payments come out automatically each month.
Do You Get a Title Loan Bill Every Month?
Your payment schedule will be listed in your loan agreement, and these typically start 30 days after signing your contract.
You can use our online portal to check your loan status at any time. In the portal, you can view your loan balance and recent payments and make your payments online.
What Happens if You Don’t Pay a Title Loan on Time?
We know life happens, and we pride ourselves on helping our borrowers avoid defaulting on their loans. Contact us if you are experiencing a financial hardship and cannot make your payments on time. We may be able to create a plan to get you back on track.
If you can’t keep up with your payments and you violate the loan agreement, your vehicle, as the collateral for the loan, may be repossessed.
How Do I Get My Title Back After I Have Paid off the Auto Title Loan?
How Can I Get a Copy of My Recent Statement?
To get a copy of your recent statement, log into your account using the credentials you received when you signed your loan agreement. Once you are logged in, download any loan statement you need.
How Do I Change My Billing Address or Phone Number Information?
Is It Possible to Have a Co-signer on My Car Title Loan?
You may ask someone to co-sign if you don’t qualify for a title loan. A co-signer makes your loan less risky and may increase your chances of approval. This is because they are agreeing to take responsibility to pay off the remainder of the loan if the primary borrower cannot.
Before asking someone to co-sign your loan, be sure you can afford the monthly payment. The co-signer becomes responsible for the loan if you don’t make the payments, so it’s best to avoid taking a loan you can’t afford.
How Do I Know if My Title Is “Free and Clear”?
Your title is free and clear if there aren’t any liens on it. This means that you aren’t using it as collateral for a loan. A lien holder is usually the lender when you finance the car.
Your title is likely clear if you have it in your possession since most lenders hold onto the title until you satisfy the loan terms.
If you aren’t sure if your title is free and clear, contact us, and we’ll help you determine it.
Can You Get a Title Loan With a Lien?
Lien-free titles are preferred; however, we may be able to approve a title loan with a lien in certain circumstances. For example, this may be the case when the outstanding loan is small, and there’s room to pay off the loan plus provide you with the funds needed.
Whether you can get a title loan with a lien is a case-by-case situation. Read more on how to get a title loan with a lien here.
Can Self-Employed People Get Title Loans?
Yes! Anyone can apply for a title loan. At Montana Capital, we don’t require that you are employed. You can work for yourself or have other income, such as investment or retirement income. Our biggest determining factors of approval are your ability to repay the loan and the equity in your vehicle.
What if I Am on Disability or Retired? Can I Still Be Approved for a Title Loan?
Yes! You just need proof of regular income to apply for a title loan. We can accept income from many sources, including disability and retirement. The key is proving receipt of the income regularly so we are sure you can make the monthly payments.
Is There a Maximum Loan Amount?
At Montana Capital Car Title Loans, we can lend up to 70% of your car’s value, with loan amounts ranging from $2,600 to $20,000. If approved, the amount you may receive depends on your income and ability to repay the loan, and the value of your vehicle.
Can I Refinance My Title Loan?
Yes, it is possible to refinance your title loan. This is common when you need a lower monthly payment or have a higher interest rate than you could get with a new title loan lender.
To determine if you qualify to refinance your title loan, click here to complete an online loan application. The application process takes only a few minutes, and you’ll have an answer instantly to determine if you’re pre-approved.
If I Do Not Pay, Will My Car Be Repossessed?
While it’s not our goal to repossess your car, it is a risk borrowers take with title loans. You give up the title as collateral when you borrow against your car’s value. Therefore, you risk losing your car if you don’t meet the terms of your loan.
If you have a title loan but are unable to make your payments on time, it’s important to contact us immediately. Our professionals can help create a plan that allows you to catch up and avoid the risk of losing your car.
Completely Online Title Loans
Can I Get an Online Loan Through Montana Capital?
Yes, Montana Capital makes it easy to get a title loan online. Just complete the quick and easy application to see if you’re preapproved. There are no obligations, and it’s free!
If you’re preapproved and want to proceed with the loan, you can upload your documentation, including pictures of your car. A trip to the garage for an in-person inspection my not be required.
Will I Still Need to Visit a Montana Capital Location if I Start the Process Online?
You can complete the entire title loan process from start to finish from the comfort of your own home. If approved, you can submit all of your documentation online, mail your title to us, and receive your funds via direct deposit.
What Do I Need to Apply for a Loan Online?
To apply for a title loan online, you must have the following documents to upload to get your loan approval:
- Proof of income
- Your driver’s license
- Proof of residency (if your driver’s license has a different address)
- Pictures of the interior and exterior of your car
- Information about your car, including the year, make, model, mileage, and VIN
In addition, you must disclose your personal identifying information, including your name, address, Social Security number, and birth date. In some states, you may also need personal or professional references and proof of car insurance.
Read more about what you need for a title loan.
How Much Cash Can I Get With Montana Capital Online Loan?
At Montana Capital, our loan amounts range from $2,600 to $20,000, but you may only borrow up to 70% of your car’s value.
When Will I Receive My Funds?
We strive to get our borrowers their funds as quickly as possible. If you apply for a title loan online and upload your documentation before 2:00 pm your lender’s time on a business day, you may receive funds in as little as 5 hours. However, most loans are funded within 1 business day. The key is getting us the necessary documentation to approve your loan to get you the funds you need.
How Do I Make Payments on My Online Loan?
At Montana Capital, we offer several ways to make your payments, including:
- Online in your loan portal
- Over the phone by calling 818-503-9393
- Cash payments at your local 7-Eleven
- Check or money order mailed to Montana Capital Car Title Loans
What Are the Differences Between an Online Loan and an In-Store Loan?
At Montana Capital, we make it easy for borrowers to get a title loan the way they are most comfortable.
We offer the option to apply completely online from the comfort of your own home and get the cash faster.
We offer the same loan programs online and in-store.
What Are the Benefits of a Montana Capital Online Loan?
There are many benefits to getting a Montana Capital online loan, including the following:
- You can apply online any time of day or night
- You’ll receive a quick pre-approval decision
- You can upload your documents from your home
- You may receive your funds in as little as 5 hours
- You don’t have to deal with pressure from salespeople
About Montana Capital
Are You a Licensed Lender?
Yes. Montana Capital is a licensed lender, regulated by the Department of Financial Protection & Innovation.
How Long Have You Been in Business?
Why Does Your Website Ask For So Much Information?
The information we ask for is used to determine your eligibility for a title loan; we must ensure you can afford the loan payments, your car has enough equity, and that you meet the age and residency requirements.
All information collected is used for loan purposes only and is protected to the fullest extent. You can feel safe in sharing your information with Montana Capital since we prioritize keeping it secure.
Montana Capital take extreme measures and work with industry leading protocols to protect your personal information.
What Types of Loans Are Available Online?
Montana Capital can assist with a variety of title loans online, including car, boat, motorcycle, and RV title loans. As long as you can prove the vehicle’s value and have a steady income, you may be eligible for a loan against its value.
We also may assist with payday loans and personal loans to borrowers who qualify.
Is There a Montana Capital Car Title Loans Office in My Location?
Montana Capital can assist applicants in over 30 states. Check out here if a car title loan is available in your city.
Do You Put Tracking Devices on All Your Customers’ Cars?
Why Are We a Great Option for Getting a Title Loan?
For more than a decade, Montana Capital Car Title Loans has been helping customers by providing title loans. Montana Capital takes pride in its great customer service and support, which makes us one of the most valued car title loans company in US.
Montana Capital offers a 100% online title loan process in addition to in-person support at our branches. We offer high loan amounts compared to many of our competitors, an APR range well under the market average of three figures, and we work with our borrowers to ensure their loan is a good fit. Most borrowers get their funds within one business day, but sometimes as few as 5 hours.
What if Someone Else’s Name Is on the Title With Mine?
Look at your vehicle title and see if between the two names there is an ‘and‘ or an ‘or.’
- If it’s an ‘or,’ you can get a title loan yourself without the other person’s approval.
- If it’s an ‘and,’ you must have the other person’s approval to get a title loan on the vehicle.
How Much Does My Car Have to Be Worth?
Your car doesn’t need to be worth a certain amount. However, if you’re approved, you may only borrow up to 70% of its value. The more the car is worth, the more you can borrow.
Aren’t Title Loan Interest Rates Considered High?
Yes, title loan interest rates are high. At Montana Capital, they range from 60% – 175%. You should only consider a title loan when you’ve exhausted all other options.
Do I Get to Drive My Car While the Loan Is Outstanding?
Yes! You get to keep and drive your car while you have an outstanding loan. The only thing you can’t do is sell the car while you have a title loan.
Is There a Maximum Loan Amount?
At Montana Capital, you may be able to borrow up to 70% of your car’s value or $20,000, whichever is less.
Can You Get a Title Loan on Classic Cars?
What Does “Equity’’ Mean and How Does It Affect Me When Applying for an Auto Title Loan?
The equity in your car is the amount the car is worth minus any outstanding loans. For example, if your car is worth $10,000 and you have a $2,000 loan, you have $8,000 equity in the car. The more equity you have in the car, the easier it is to get approved for a loan.
Once I Pay Off My Car Title Loan, When Can I Apply for Another?
You are free to apply for another title loan after paying off your existing title loan; however, you should only use title loans in emergencies due to their high-interest rates and costs.
The Bottom Line
Did you find the information you needed?
If you have more questions, please contact us at 1-800-700-8900 on weekdays from 9 AM to 5 PM PT to speak with a representative.
Need a title loan?
We will help you!
It’s not that hard as you think! Getting started
is just one click or phone call away
A few simple steps for a free quote
Select the amount of cash you want