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Title loans in Tampa, FL

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Open hours

Mon - Fri:
Saturday:
Sunday:

9am - 7pm
10am - 4pm
Closed

Address

813 Audio and Accessories

1412 W Waters Ave Suite 103

Tampa

33604 FL

Services available

Service type

GPS Installation Centers

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

Start your loan process at this GPS Center

How it works

Advantages

Our main
advantages

Montana Capital Car Title Loans 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.

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Great customer service

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

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Loans for low credit score

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

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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.

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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.

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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!

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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 Tampa, Florida

If you’ve hit rock bottom, don’t give up.

Applying for a loan through a bank or credit union isn’t the only way to get cash.

Ever heard of car title loans? If you are a resident of Tampa, Florida, and own a car outright, you’re already halfway to getting your application approved.

Below, we’ll tell you all you need to know about car title loans in Tampa, Florida, how to apply for one, and tips to ensure your success.

Requirements Needed to Apply for a Car Title Loan in Tampa, Florida

The first step is to secure documents, such as:

  • Proof of Residency (Utility bills/payments, mortgage or lease statement, etc.)
  • Proof of Income (bank statement, Social Security statement, etc.)
  • Government-issued ID
  • Clean vehicle title (Must be the owner)
  • Vehicle photos (VIN, odometer, and photos of all 4 sides of your vehicle)
  • 4 References

If you’re able to fulfill these documents and are approved, you’ll be able to receive the emergency cash or money you need in less than a week’s time.

But first, understanding the loan process and your application is crucial to an approved loan. That’s what you’ll find below.

How Do Title Loans in Tampa, Florida Work?

A title loan is a short-term secure loan where a loan company evaluates or determines the value of your vehicle and lends you a percentage based on your car’s value.

Once you submit the title of your vehicle along with other title loan requirements, the loan company will use it as collateral value.

Evaluating your vehicle’s value depends on the make, model, year, and general condition, along with its mileage.

The information gained from the inspection will then determine the loan amount or money you will receive.

Most states accept a minimum vehicle value of $2,500 and $25,000 as the highest.

Are Car Title Loans for You?

Benefits

Easier Qualification Process

Auto title loans offer a more lenient process compared to banks or credit unions.

As a result, you won’t be as anxious or hard-pressed when you apply for one. What’s more, is the loan process is simpler and faster than most loan applications you find nowadays.

Simple Cash Solution

If you’re looking for fast cash and need an emergency fix, auto title loans are known to help you gain quick access to money with minimum hassle.

Flexible and Less Hassle

Not all applicants will bear the same case.

With title loans, you’ll find several payment options available to you, depending on your lender and company.

Since the process is also more lenient, it becomes less of a hassle on your part.

Longer Payment Terms

If you don’t have the ability to pay the minimum loan back, it’s possible to extend your payment period granted you inform your lender beforehand.

However, this may depend on your credit score and credit history, so it’s important to bring this up during your loan agreement.

Risks

Your Title Loan Needs Sufficient Value

It’s only fair that the loan company requires sufficient value of your vehicle.

The better the value of your car, the more money you can borrow. However, this also depends on the percentage offered by the loan company.

If your car is worth less than $500, it would be difficult if you wanted to loan $2000 worth of money.

Your Application May Be Denied

Although title loans have an advantage over most standard loans, there’s still one thing or rather a few things to consider: credit score and if you can repay the loan on a timely basis.

This is not to say bad credit scores will automatically mean your loan isn’t approved. However, some lenders require this information to assure some safety on their part as well.

You Might Lose Your Car

Don’t freak out.

Losing your car is a risk and expense given you don’t meet timely payments consistently.

Before applying for title loans, borrowers must understand showing proof of stable income means you’ll be able to repay your loan.

Should You Get a Title Loan in Tampa?

You may have heard a friend or colleague say car title loans are a bad decision.

The truth is, title loans are a great option for people seeking financial help who are in desperate need or are looking for access to money fast.

Title loans come with risks, but they also come with benefits that may help stabilize your finances when necessary.

When funds are low due to debt or bills that have piled up, title loans may be a last resort or option to help people pull themselves out of the pit.

So, try it out yourself first. At least now, you’re aware of the risks and possible roadblocks you may bump into.

Overall, these will help you when you apply for title loans in Tampa.

3 Steps to Apply for Title Loans in Tampa, Florida

Step 1: Send Your Loan Application Online

Apply online using our online form through your desktop computer or smart device.

Step 2: Upload Documents

Submit all the documents requested by your lender:

  • Proof of Residency
  • Vehicle Photos
  • Government-issued ID
  • Clean car title (must be the owner)
  • Evidence of income
  • 4 references

Step 3: Collect Your Money

After your application is approved, you’ll be able to receive your money right away!

There are various ways you can collect money, such as:

  • MoneyGram
  • Issued Check
  • Electronic Deposit

Take note every situation is unique. Not all residents of Tampa will go through the same loan process when applying for title loans.

FAQs

Why Was My Title Loan Denied?

There are a number of reasons why your title loan in Tampa was denied:

  • Insufficient car value
  • Your car title has a lien on it or has no equity
  • Issues with your credit check or history
  • Unstable evidence of income

In cases like these, it may help to talk to your loan agent about alternative solutions like refinancing your loan.

How Long Is the Repayment Period of a Title Loans?

The repayment period is typically between 1 to 3 years. It’s also possible to customize title loans to suit your circumstances.

To set a different repayment period, talk to your loan agent before applying.

Do I Need an Excellent Credit Score When Applying for Title Loans in Tampa?

Bad credit doesn’t mean you won’t be approved, however, it can be a factor.

Higher credit increases the chances of an approved loan. Also, you don’t have to be employed to secure a title loan.

However, it’s important to note having a steady source of income to meet any due payments is vital to approved title loans.

Tips When Applying for Title Loans in Tampa, Florida

Do Thorough Research

Choosing the best loan company is vital if you want the best offers and your best interests met.

Reading what customers have to say, their experiences, and proper research is essential to get the best deals and more importantly, to prevent fraud or scams.

Ask About Different Payment Options

A rigid payment system might make it difficult for you when you can’t pay for the minimum loan in a given timeframe.

Look for companies that offer flexible schedules and various options.

Determine the Value of Your Car

Knowing your car’s worth will help you determine an estimated value or money you’ll be able to receive.

Things like make, mileage, model, and year model can be useful.

Let’s say from all the information provided, your car’s worth is $4,000 with $300 pending dues and the company offers a 30% percentage, then:

(Worth of your car) – (Dues/Fees) x percentage offered = money you’ll receive

$4,000 – $300 x 30% = $1,110

You can use this site to help you.

Review the Fine Print

Don’t get all jumpy and excited you forget to look at what’s important.

Make sure to check the following:

  • Interest rates
  • How the interest rate was calculated
  • Prepayment penalty
  • Conditions that may affect your interest rates
  • Extra expense
  • Title loan conditions

Final Words

Before you apply, be sure to take note of the tips and risks we listed in this article. These are not meant to discourage you but rather, to guide you throughout your way.

Additionally, these alternatives may also help you.

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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