How Our Car Title Loans Work | MontanaCapital™

STEP 1

Apply

Apply online 24/7, call 1-888-700-8900 to speak with one of our agents, or visit one of our locations. Share your personal, income and car details to see if you are pre-approved.

Applications typically take approximately 5 minutes to complete. Upon completion, a conditional approval may be given pending review of documentation.

Our agents are available Monday to Friday, 9 a.m. to 7 p.m. PT, and Saturday, 10 a.m. to 5 p.m. PT. Spanish-speaking agents are available, and we can provide your contract in Spanish.

STEP 2

Get Your Offer

Once you qualify, you get a free offer showing the APR, fees, payment and term, all set according to your state’s law. Loan amounts range from $500 to $50,000, or a state-specific range, and can reach up to 70% of your car’s value.

To finish your application, upload your government photo ID, proof of income, title* and interior and exterior vehicle photos. You will need a lien-free title in your name, or one that is nearly paid off, and you must be 18 or older and live in one of the states we serve.

Your car insurance is required for loans over $5,000 and may also be required for smaller loans, depending on your car’s condition and value.

*For online or phone approvals, additional title or lien-recording steps may be required depending on your state. We will let you know what is needed before you sign.

STEP 3

Sign and Get Funded

Review your contract, ask any questions you need clarified and make sure you can make the payments as agreed. Then sign and get funded.

You can receive your money by direct deposit, card deposit or cash pickup at MoneyGram, with no bank account needed. Applications approved before 2:00 PM PT on business days may be funded on the same business day.⁷

STEP 4

Repay and Get Your Title Back

Keep driving your car while you make your payments as agreed. You can pay through the online customer portal, by phone at (818) 503-9393, with cash at 7-Eleven through PayNearMe, or by check or money order mailed to our headquarters.

There is no prepayment penalty, and paying early may reduce your total finance charges. See our How to Pay page for full instructions.

Once the loan is paid in full and your final payment has cleared, your title is returned to you.

Costs and Risks

Your APR depends on your state, the loan amount and your ability to repay. It is typically up to 175%, and lower in states that cap it.

Fees are a $75 processing fee and a $15 title registration fee, $90 in total, where state law allows. Terms run up to 36 months, or shorter where state law requires.

A title loan is secured by your car, so missing payments can lead to repossession. Each renewal adds more interest, so ask our agents to walk you through the total cost before you sign.

If a title loan is not the right fit, consider a credit union loan, a payment plan with your creditor or nonprofit credit counseling.

If you have a complaint, call (818) 503-9393 or contact your state regulator.