Title Loan Statistics in Lafayette, LA
$881
Average Title Loan in Lafayette
$3,443
Average Vehicle Value
15
Loans Funded in 2025
25.6%
Average Loan-to-Value
Based on 15 title loans funded in 2025
Most Common Vehicles for Title Loans in Lafayette, LA
| Vehicle Make | Avg. Year | Avg. Mileage | # of Loans |
|---|---|---|---|
| Toyota | 2010 | 197,778 mi | 4 |
| Nissan | 2014 | 220,050 mi | 3 |
| Chevrolet | 2007 | 101,300 mi | 2 |
| Audi | 2018 | 109,000 mi | 1 |
| Saturn | 2009 | 110,000 mi | 1 |
Recent Title Loans Funded in Lafayette, LA
The table below shows actual title loans funded in Lafayette, LA. Amounts vary based on each vehicle’s make, model, year, and condition.
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2012 | Nissan | Altima | 255,000 | $1,000 |
| 2002 | Toyota | Tundra | 326,000 | $500 |
| 2018 | Toyota | Camry | 150,000 | $800 |
| 2012 | Mitsubishi | Galant | 200,000 | $800 |
| 2004 | Toyota | Highlander | 200,000 | $700 |
| 2017 | Toyota | Camry | 115,110 | $2,411 |
| 2005 | Suzuki | Aerio | 69,000 | $500 |
Frequently Asked Questions About Title Loans in Lafayette, LA
Energy-sector income counts for the ability-to-repay review that the Louisiana Consumer Credit Law requires; it just needs documentation that captures a realistic monthly figure through the ups and downs of the industry. Bring 60 to 90 days of pay stubs that show your hitch schedule and any offshore or rotational differentials, bank statements confirming deposits, and prior-year tax returns with W-2s or 1099s if you contract.
Because energy work runs in cycles, borrow against a sustainable monthly average rather than a peak rotation, and size the loan so the payment still works during downtime between hitches. We give you a written contract showing the amount financed, finance charge, APR, payment schedule, and total payments before you sign.
Louisiana regulates these as consumer installment loans under the Consumer Credit Law, administered by the Office of Financial Institutions, rather than as 30-day single-payment loans. In practice that means the loan is written for more than $350 and over a term longer than two months, with a set payment schedule instead of one lump sum due in a month.
There is no prepayment penalty in Louisiana, so paying ahead of schedule reduces your total finance charge. Before signing, confirm the written disclosure of the amount financed, finance charge, APR, payment schedule, and total payments, and make sure the monthly payment fits your budget across the full term.
The loan continues regardless of weather, so two things matter. First, comprehensive auto coverage generally covers flood and storm damage to your vehicle, while a home flood policy does not; if your car is totaled, the settlement goes first to us as lienholder up to the balance, with any surplus to you. Acadiana’s flood history makes that coverage worth confirming.
Second, if a storm disrupts your income, contact us before a payment is missed. Late fees and interest accrue on a past-due balance, and Louisiana law lets us repossess the vehicle after default, with the required written notice. Reaching out early to arrange a workable plan protects both your budget and your car.
