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 Roanoke
To apply for a car title loan in Roanoke, you will need:
• Your car title in your name (paid off)
• A government-issued photo ID
• Proof of income
• Proof of Virginia residency
• Your Social Security number
A low credit score will not automatically disqualify you. What matters most is your vehicle’s value and your income.
Yes, you can pay off early and Virginia law works in your favor when you do. The lender must refund a prorated portion of any prepaid fees and interest when the loan is settled before its maturity date. Paying early lowers your total repayment amount.