Title Loan Activity in the 23803 Area
11
Loans Funded
$3,258
Average Loan Amount
2011
Average Vehicle Year
Recent Loans Near 34 S Crater Rd
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2014 | Chevrolet | G1500 Vans | 160,000 | $2,114 |
| 2004 | Ford | Thunderbird | 150,000 | $3,871 |
| 2014 | Toyota | Avalon | 110,000 | $3,186 |
| 2013 | Buick | Enclave | 137,000 | $2,375 |
| 2013 | Ford | F150 | 211,652 | $1,890 |
Actual loan amounts vary based on vehicle condition, mileage, and state regulations.
Most Common Vehicles
Ford ($2,916 avg), Chevrolet ($2,114 avg), Buick ($2,375 avg)
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 Petersburg
Yes. Trucks and SUVs often qualify for higher loan amounts due to their value. Near 23803, a 2013 Ford F150 with 190,000 miles was approved for $2,986. Bring your truck or SUV title to get a free estimate.
In the 23803 area, title loans have ranged from $1,890 to $9,521, with an average of $3,258 across 11 loans funded. The largest recent loan was $9,521 for a 2013 Chrysler 300. Your amount depends on your vehicle’s value and ability to repay.
Yes, rates are regulated. In Virginia, title loan interest is capped at 36% per year. A monthly maintenance fee may also apply. By law, total fees over the life of the loan cannot exceed 50% of the original loan amount. Your written contract must show the full cost before you sign.
You can use title loan funds for any purpose. Common uses include emergency medical expenses, catching up on rent or utilities, or handling unexpected repairs. Virginia title loans are an expensive form of credit, so they work best for genuine emergencies rather than routine spending.
