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Title loans in Salem

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Sunday:

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All our loans are processed online. This location provides only GPS services, it does not issue loans

Title loans in Salem

In just a day, I was able to get my bad credit loan approved, which made it possible for me to pay off some debt. The customer service you provided was also excellent. Thank you so much!
Thelma Garcia
04:45 12 Nov 21
A smooth process for applications and approvals! My consultant kept in touch with me throughout the emergency loans in North Hollywood. My application was approved quickly with a very competitive interest rate.
Kevin Thompson Jr.
06:16 26 Oct 21
No matter how many issues I've encountered, they've always helped me, and have ensured that the loan process goes as smoothly as possible. This company gives personal loans for people with bad credit. You guys are great!
Guerrero Strong
17:47 29 Jun 21
They treat me like family I love the customer service here. I would recommend to anyone needing a quick payday loans.👍👍
valdez preston
16:35 03 Jun 21
Montana great to work with on our recent car title loans. Everyone is extremely knowledgeable, quick to respond, and very reliable. Highly recommend this company.
crystal estrada
22:59 26 May 21
As a first-time borrower, I anticipated that obtaining this loan would be extremely stressful. Obtaining a loan is never a pleasant experience, but it is what it is. Montana Capital Car Title Loans did an excellent job of calming me down and assisting me in making the best decision for my future. Thank you.👍
Aleena Angela
11:55 29 Apr 21
It's seriously impossible to find service as good as you get from Montana Capital Car Title Loans! They work with and for their customers to get you what you need. Truly amazing I fell in love with them!
Brynn Hammond
12:20 15 Mar 21
Montana Capital provided excellent communication and they guided us through our loan application every step of the way. They made it feel really easy.
Steven L. Moss
06:10 12 Feb 21
I was too upset to even think right when I applied for fast money from Montana Capital Car Title Loans. I guess I gave some goofy answers on the application, because Ramona called me right up to walk me through the process. She was super sweet and helpful.
Danny Echols
06:55 27 Dec 19
I gave 1 🌟 because Montana capital stressed me out I had to make my July payment in August due to me having to bury my son Montana capital did not understand I asked for and extension on my August payment and they still said I had to pay .I have became homeless do to me laying my son to rest.montana capital did not care .thanks Montana capital for really stressing me out doing the time of losing my son
Maria Moore
16:58 16 Aug 19
Best thing to do is sell your car and pay a new car and not them. I borrowed 6k. 3 years later I already paid them 11k and my balance is still 5300. How on the hell. Crazy. Theives they are super nice of course. They try to convince whatever it takes. Also if u must get it. Keep saying no thanks and they lower and lower the payment
Cesar Moreno
20:02 19 Apr 19
Best thing to do is sell it car and pay a new car and not them. I borrowed 6k. 3 years later I already paid them 11k and my balance is still 5300. How on the hell.
Cesar Moreno
19:43 19 Apr 19
This place is not worth it. You’ll loose a lot of money you gotta be completely desperate to take a car title loan out from this place. Example my aunt took out a 2600 loan paid over 5,000 she called to see how much she owed they said over 3,000 do the math folks is this really worth it hell no. I repeat go somewhere else that doesn't charge 2 arms and a leg in interest. How can you just be paying interest and no capital sh*t makes no since? I'm warning you people don't go here. And the people saying how great this place is, is lying 🤥 like a mf.
Joshua Freeman
19:48 15 Jan 19
This place is not worth it. You’ll loose a lot of money you gotta be completely desperate to take a car title loan out from this place. Example my aunt took out a 2600 loan paid over 5,000 she called to see how much she owed they said over 3,000 do the math folks is this really worth it hell no. I repeat go somewhere else that doesn't charge 2 arms and a leg in interest. How can you just be paying interest and no capital sh*t makes no since? I'm warning you people don't go here. And the people saying how great this place is, is lying ???? like a mf.
Joshua Freeman
19:47 15 Jan 19
Kyle is a great constomer service rep. He is alway there to help me on my payment is is friendly and prompt. What I really like about these guys is when I call, there is no wait time.
Max Morgan
20:02 26 Jul 18
Jonathan is the customer service rep that I always talk to. He always treats me nice and is fast and effectiant.
Cobble
18:40 05 Jun 18
I needed fast cash due to my wife having a health issue. They got me the amount that I needed and the process was fast. No hold ups. When I call to make a payment I always ask for Jonathan and he is always friendly and assists me very professionally.
Joe Cheuvront
19:50 25 Apr 18
Excellent customer service, fast response.
cynthia rojas
21:01 14 Apr 18
Kiara made it really simple for me, having everything done in an record time, excellent costa service!
JuNiM RoSa
23:09 12 Apr 18
Very helpful. Nice and efficient.
Natasha John Powers
23:35 11 Apr 18
One person handles you professionally. His name is Kiel. Johnathan and Daniel are very rude and very unhelpful. Do not allow them to assist you. They are very unprofessional!
muriel jones
18:24 02 Apr 18
Great place when you are ready to do a title loan. Montana tells you to pay it off as quickly as possible so you do not incur too many payments, but if you have to make a loan, this is the place. Speak to Kyle F, he is the very best! Very professional, informative and very courteous and kind! Thank You Montana!
muriel jones
21:48 27 Mar 18
These people are criminals. The F.B.I. has a case on this company. If you have any information regarding your experience with Montana Capital Car Loans please respond with your information. Thank you.
Julius Schreck
22:07 26 Mar 18
Great customer service with Kiara, made my transaction very smooth and quick in about 1 hour.
Erica Hurtado
20:03 22 Feb 18
I deeply appreciate the help and kindness.I will refer people to get a Title Loan from Montana Capital.
Tammy Work
20:58 13 Oct 17
Simple and easy process very friendly and prompt, so far so good — better than other places no complaints
Elyce Hastings
18:00 21 Sep 17
Quick and friendly. Rates were better than other title loan companies I've tried. They were helpful and informative and processed my information in no time.
Rebecca Richardson
20:56 15 Apr 17
Great expeience. Very helpful staff! Easy process and it all can happen in the same day!
Lale Weier
23:20 27 Jan 17
These people were fast with the decision process and very polite. Everything above board would recommend to anyone.
Al Delarosa
18:48 19 Dec 16
Joel and staff provided friendly, efficient service... Everything was explained clearly to me and my questions were answered in a professional manner..I would highly recommend using them if you need to .... Note: Loan isn't cash, it is a Bank of America check. Not a big deal to me, but maybe to you.
Life With Mrs Clark
22:41 10 Sep 15
Kira helped me in April 2014. I needed quick help. The interest rate was high...but as a business man, I understand their exposure to risk. I did the loan. It was quick once verifications were complete (same day/several hours) and I was on my way in my car with check in hand. Best to pay off this loan quickly knowing a chunk of $ is coming in to you to clear the loan...otherwise the burden of monthly payments at high interest could be overwhelming if stretched out. Montana reps tell you this...they are upfront, friendly and professional. If you are at a place of 'last resort'...then do business with Montana! I may use them again, soon, as a quick 'bridge loan' and pay them off quickly, as before. This is the BEST way to do it. Ron
Ron Vale
23:35 12 Jul 14
It's tough when you're stuck with limited options for a quick loan. If your only option is a car title loan, this is an honest place with nice people who will work with you. The place is in an industrial area, but the offices are clean. The people here are well organized and friendly. They can set up automatic monthly payments. They are quick to answer their phones too.
Erica Fleming
19:39 29 Jan 14
Google Rating
4.6

Address

Today's Automotive

1895 13th St SE

Salem

97302 Oregon

Service type

GPS Installation Centers

Start your loan process at this GPS Center

How it works

Advantages

Our main
advantages

Montana Capital is one of the most flexible and trustworthy finance houses in the great sun-soaked city of Los Angeles, California. While there are many things that set Montana Capital apart from its competitors, here’s what customers should know about Montana Capital's differences.

Great customer service

No other financier will give you better customer service, and many of them won’t give you the time of day.

Loans for low credit score

Montana Capital has a reputation for working with customers with all sorts of credit score.

Simple application process

With options to apply online or to apply via phone, Montana Capital won’t let you wait forever until you get a response.

Have a bad credit score?
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

Benefits

Why you should choose us

Our goal is to provide you the maximum cash value with a payment plan that works for you, along with the an outstanding customer service. Our loans have helped give them the boost they need to get ahead in life.

No prepayment penalties

and no hidden fees. We don’t believe in these! Payoff your loan whenever is best for you. Your first payment will only be due 30 days from the day of your contract and in monthly installments afterward.

Bad credit is okay

Our loan approvals are based more on your ability to pay back the loan. We believe in helping everyone get ahead, regardless of credit! Check us out Today!

Best customer service

we have attentive title loan agents waiting by to help you today. Give us a call at 800-700-8900

Car Title Loans in Salem: Cover Those Bills ASAP

Do you want to solve your money problem in no time?

You’ll be surprised to know that it’s an easy thing to do in Oregon. There are tons of title loans in Salem as well as in other neighboring cities.

Allow us to help you go through the entire process of obtaining car title loans. Indeed, you’ll be able to get the cash you’ve most longed for.

So let’s get to the topic now!

The Car Title Loan: A Brief Overview

Car title loans (aka auto-title loans or pink slip loans) let you pledge your car in exchange for the loan you have requested.

The title loan amount will be entirely dependent on the equity value (EV) of your vehicle. And you cannot request money that exceeds that value in Salem.

When you are going to pay the title loans will also depend on the lender. But the maximum loan terms in Salem are only up to 30-days.

Benefits

Believe it or not, the title loan process is fast and simple. It’s possible to get the money on the same day if there are no recurring problems.

Some lenders also offer services like online loan transactions. So those who don’t feel like driving can continue binging K-Dramas on Netflix while awaiting a direct bank transfer.

Or it could be via other methods too. Most loan lenders are willing to adjust as long as it’s still convenient for both parties.

And that’s not only limited to preferences in payment options. A good lender accommodates any problem — be it about your credit, vehicle, title, or even simple ID issues.

It’s also important that we tell you you can still drive your vehicle even when you’re still paying the title loans.

Drawbacks

What you must know the most about auto title loans is that it is highly risky. You will have to pay more than the loan amount you’ve borrowed.

In addition to that, it’s also possible to get your vehicle taken by the lender if you cannot complete the loan payments within the deadline.

And worst of it all, falling into the financial abyss could happen.

So be sure that you’ve got a well-laid plan on how you’re going to complete loan payments before the closing date.

A Step-by-Step Guide to the Car Title Loan Application Process

Here’s the detailed list of steps of what you’ll have to do to acquire pink slip loans.

Step 1 – Look for a Legitimate Lender

This is honestly the hardest part of all — the lender hunting. The reason for that is that scammers are continuously growing in every state. And it’s even possible to encounter one in Salem.

So it’s important to ensure that you’re trusting the right lender that gives you actual loans.

Here are a few signs to quickly spot possible predatory lenders:

  • They have no physical address.
  • They guarantee you’ll get through the approval process.
  • They pressure you to sign up for an auto title loan as soon as possible.
  • They are not transparent about the interest rates and other fees.
  • They are not registered in your state.
  • Their website is not secure.

A rightful title lender should…

  • Have excellent customer service
  • Verify your personal and financial background for fair loan approval
  • Disclose all expenses you will pay, including hidden fees
  • Have their website show padlock symbol and https in the address bar
  • Have proof that they are legally conducting a loan business in Salem

Step 2 – Fill Out the Application Form and Submit All Documents Required

You can proceed to fill up application forms once you’ve got yourself a trusted lender. The application forms usually have questions regarding your…

  • Personal details
  • Car details (with year, model, make, style, odometer, VIN, license plate number)

Main Requirements

  • Valid ID (like Salem OR ID or Driver’s license)
  • Clear car title
  • Proof of ability to pay the title loan (like recent tax returns, bills, pay stubs, etc.)
  • The vehicle itself for inspection

Supporting Documents

  • Vehicle registration
  • Car insurance
  • At least two car key duplicates
  • Pictures of your car (including all 4 sides)
  • Credit and bank account information
  • Proof of residency (like home utility bills, lease agreements, postal mails, etc.)
  • At least two references (with their phone numbers and addresses)

NOTE: You’ll have to hand your car title to your lender here. But you’ll get it back once you’re done with the loan payments.

Step 3 – Undergo a Verification Process

A loan officer will verify your Salem OR ID or any other identification to know if you’re a legitimate borrower.

But apart from those, there are TWO more important determining factors for your qualification.

Vehicle Inspection

Lenders will inspect your vehicle to see if it’s eligible.

Some loan agencies in Salem only approve cars, trucks, and SUVs. But some also accept motorcycles and even boats. So it rests on what your lender can offer loans for.

Your vehicle must also have ENOUGH equity value for it to be qualified for loans.

Credit Score

Some lenders might check your credit history too. It’s to know if you can pay the title loan. Basically, you’ll have a better shot with car title loans if you have a higher credit score.

Bad credit doesn’t completely squash your quest for a title loan… Some lenders accept other proofs aside from credit as long as they’re strong evidence proving your ability to repay the title loans.

You can present your most recent financial statements. However, the paycheck is the MOST convincing document to get title loans.

Step 4 – Review the Loan Quote

Congrats if you got a title loan approval.

What you’ll have to do next is review the summary of expenses that you’ll pay. You should write EVERYTHING there. These include:

  • Estimated interest rates
  • Value of your vehicle
  • Other additional fees

And don’t worry, by the way. These loan quotes are free. You can sign the terms of service once you’ve decided you’ll go for it.

Loan Amount

Like we said earlier, the amount of money you can borrow depends on the EV of your vehicle. And that value will be based on…

  • The car details you will provide
  • Its reselling price on the market
  • And the entire condition of your vehicle

So you can get a reasonable cash amount even with an old vehicle if you keep it in good condition.

You don’t have to worry if you think your vehicle is worth tens of thousands of dollars. Let’s go over some numbers and loan amounts, shall we?

  • MAXIMUM AMOUNT: $50,000 (according to Oregon laws)
  • MINIMUM AMOUNT: $100

Interest Rate

Other states have capped the interest rate on car title loans. But Oregon did not go for that. The top title loan agencies in Salem usually have a triple-digit interest rate for car title loans.

Step 5 – Get the Cash

Your money should be there once you’re done with the loan process. As we mentioned, it’s typically ready within the same day of the loan application. 

But a lender in Salem can actually be done with the loan process as fast as 15 minutes.

You can get your money via…

  • Pickup
  • Delivery
  • Or direct transfer to your bank

Step 6 – Pay for the Loan

You’re technically DONE with the loan application procedure once you’ve reached this step. All you need to do is pay for the car title loans. 

You can also have it done in various ways, like how you receive your money.

Frequently Asked Questions (FAQs)

How Old Should One Be to Qualify for Title Loans?

In Oregon, you’ll have to be AT LEAST 18 years of age to get a title loan. And of course, that’s with complete documents.

What if I Can’t Complete the Title Loan Payment Before the Deadline?

Expect that your bills will be higher than the initial total amount you’ve read in the terms.

You’ll have to pay 10% of the monthly principal to retain your vehicle. But don’t worry because you’ll receive a 10-day notice.

Loan renewal is also one available option you can resort to. But it’ll only work if you haven’t returned the money to your lender yet. However, this action is ONLY valid before the cut-off date. 

But if it comes to the worst situation… You will lose your vehicle along with tons of money you’ve spent on getting that title loan.

Will My Lender Report My Credit to Credit Bureaus?

We can’t speak for every loan lender in Salem. But to be safe, you should have a positive credit history with title loans. Avoid defaulting on a loan as much as possible.

What’s the Best Title Loan Business You Can Suggest?

Here are the reliable title loan companies we’ve found in Salem:

  • Oregon Title Loans
  • Northwest Title Loans

Is Having a Bank Account Required to Get Title Loans?

As we said, you’re so lucky you’re in Oregon. You don’t need to own one to acquire title loans unless you’re in Florida.

We still highly encourage you to have one if you don’t have enough proof to pay the title loans.

Pointers to Remember

Now you’ve seen the detailed process of getting car title loans. But it’s totally up to you if you want to resort to it or not in case of emergencies.

It all depends on your financial capability of repaying the loan.

Because as you all now know, the interest rate for car title loans is EXPENSIVE. Oregon didn’t cap it.

So you may get higher rates than what you’ve expected. On top of it are the other fees that aren’t even included yet.

So, get car title loans at your own risk.

Have a bad credit score?
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

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