Know Before You Borrow in Virginia
- Interest rate cap: 36% per year interest plus optional monthly maintenance fee up to $15/month
- Loan range: Up to $2,500 (no minimum)
- Repayment term: 6 to 24 months
- Regulated by: Virginia State Corporation Commission (SCC) – Bureau of Financial Institutions
For complete Virginia title loan regulations and consumer protections, visit our full Virginia guide.
Quick Answers About Title Loans in Arlington
Yes, your car can be repossessed if you miss a payment. In Virginia, the lender must give you at least 10 days’ written notice and the opportunity to catch up before selling the vehicle. If the sale brings in more than you owe, the difference must be returned to you. Reach out to your lender early if a missed payment is possible.
At Montana Capital, your car secures the loan. You can borrow up to 50% of your vehicle’s market value based on the car’s worth and your ability to repay, up to Virginia’s $2,500 cap. The lender records a lien with the Virginia DMV and holds your paper title while you keep the car. Monthly repayments run 6 to 24 months, and your title is returned on full payoff.
