Rates, Fees, and Regulatory Information
Montana Capital Car Title Loans®
Simple Cash Loans, Inc., dba Montana Capital Car Title Loans®
12100 Wilshire Blvd, Los Angeles, CA 90025
NMLS ID: 2249848 | California Financing Law License No. 603F508
Phone: 1-888-700-8900 | Email: support@montanacapital.com
CALIFORNIA | Licensed Lender and Licensed Broker
Montana Capital Car Title Loans® is both a licensed direct lender and a licensed broker in California under the California Financing Law.
California Loan Terms (Direct Lending)*
| Loan Amount | $2,500- $10,000 | $10,000 or More |
| APR Range | Up to 36% + Fed Rate | Above 36% (no state cap) |
| Loan Terms | 12-60 Months | No state limit (common: 36–60 months) |
| Fees | $75 max | No state limit (common: 10% of loan) |
| Prepayment Penalty | Not allowed | Not allowed |
| Vehicle Equity | Not required | Not required (common: 25%–50%) |
*State law sets minimums — “common” reflects typical lender practices in California.
License Information:
License Number: 603F508
California License
NMLS ID: 2249848
California Law References
• California Financing Law (DFPI)
• AB-539 Fair Access to Credit Act
Your Rights in California
• No prepayment penalty. Pay off early without extra fees.
• All terms disclosed in writing before signing.
• File complaints with DFPI at dfpi.ca.gov
ALL OTHER STATES | Authorized Broker
In all states except California, MontanaCapital® operates as an authorized loan broker in accordance with applicable state law. We connect borrowers with licensed lending partners who provide title loans, installment loans, and payday loans.
Our lending partners are licensed and regulated by each state’s financial regulatory authority. See the specific state sections below for regulator information and applicable laws.
IMPORTANT: In broker states, MontanaCapital® is NOT the lender. Loan terms, APRs, and fees are set by the originating lender and will be fully disclosed before you sign any agreement.
ALABAMA
Regulator: Alabama State Banking Department
Applicable Laws
- Title loans regulated under Alabama Pawnshop Act
- Consumer loans regulated under Alabama Consumer Credit Act (Title 5, Chapter 19)
- No statutory APR cap for title loans
Links
ARIZONA
Regulator: Arizona Department of Financial Institutions
Applicable Laws
- Title loans permitted with rate caps based on loan amount
- Lenders must hold DFI license
- All terms must be disclosed before signing
Links
ARKANSAS
Regulator: Arkansas State Bank Department
Applicable Laws
- Interest rates capped at 17% APR under Arkansas Constitution Amendment 89
- Consumer loans regulated under Arkansas Check-Cashers Act
- Lenders must comply with constitutional rate limits
Links
COLORADO
Regulator: Colorado Attorney General
Applicable Laws
- Consumer loans regulated under Colorado Uniform Consumer Credit Code
- Maximum APR of 36% for consumer loans
- Lenders must be licensed by the Colorado Attorney General
Links
DELAWARE
Regulator: Delaware Office of the State Bank Commissioner
Applicable Laws
- Title loans permitted under Delaware Code Title 5
- No statutory APR cap for title loans
- Lenders must be licensed by State Bank Commissioner
Links
FLORIDA
Regulator: Florida Office of Financial Regulation
Applicable Laws
- Consumer loans regulated under Florida Consumer Finance Act (Chapter 516)
- Maximum APR of 30% for loans up to $3,000
- Maximum loan amount of $25,000
- Lenders must hold Consumer Finance License
Links
GEORGIA
Regulator: Georgia Department of Banking and Finance
Applicable Laws
- Title loans regulated under Georgia Industrial Loan Act
- Lenders must hold Industrial Loan License
- No statutory APR cap for title loans
Links
HAWAII
Regulator: Hawaii Department of Commerce and Consumer Affairs (DCCA)
Applicable Laws
- Title loans regulated under HRS Chapter 478
- Maximum APR of 24%
- Maximum loan amount: $10,000 or 50% of vehicle fair market value, whichever is lower
- Lenders must be licensed by DCCA
Links
IDAHO
Regulator: Idaho Department of Finance
Applicable Laws
- Consumer loans regulated under Idaho Credit Code (Title 28, Chapters 41-46)
- No statutory APR cap for title loans
- Lenders must be licensed by Department of Finance
Links
ILLINOIS
Regulator: Illinois Department of Financial and Professional Regulation (IDFPR)
Applicable Laws
- Consumer loans regulated under Illinois Predatory Loan Prevention Act (815 ILCS 123)
- Maximum APR of 36% (effective March 2021)
- Lenders must hold Consumer Installment Loan License
Links
INDIANA
Regulator: Indiana Department of Financial Institutions
Applicable Laws
- Consumer loans regulated under Indiana Uniform Consumer Credit Code (IC 24-4.5)
- No statutory APR cap for title loans
- Lenders must hold Consumer Credit license
Links
IOWA
Regulator: Iowa Division of Banking
Applicable Laws
- Consumer loans regulated under Iowa Consumer Credit Code (Chapter 537)
- Maximum APR of 21% for consumer loans
- Lenders must be licensed by Division of Banking
Links
KANSAS
Regulator: Kansas Office of the State Bank Commissioner
Applicable Laws
- Consumer loans regulated under Kansas Consumer Credit Code (K.S.A. 16a)
- No statutory APR cap for title loans
- Lenders must hold Supervised Loan License
Links
KENTUCKY
Regulator: Kentucky Department of Financial Institutions
Applicable Laws
- Consumer loans regulated under Kentucky Consumer Loan Act (KRS 288)
- No statutory APR cap for title loans
- Lenders must hold Consumer Loan License
Links
LOUISIANA
Regulator: Louisiana Office of Financial Institutions
Applicable Laws
- Consumer loans regulated under Louisiana Consumer Credit Law
- Minimum loan term of 60 days for loans over $350 – Act 510 (HB 582) of the 2025 Fiscal Legislative Session
- No statutory APR cap for title loans
Links
MAINE
Regulator: Maine Bureau of Consumer Credit Protection
Applicable Laws
- Consumer loans regulated under Maine Consumer Credit Code (9-A M.R.S.)
- Maximum APR of 30% for consumer loans
- Lenders must be licensed by Bureau of Consumer Credit Protection
Links
MICHIGAN
Regulator: Michigan Department of Insurance and Financial Services (DIFS)
Applicable Laws
- Consumer loans regulated under Michigan Regulatory Loan Act (MCL 493)
- No statutory APR cap for title loans
- Lenders must hold Regulatory Loan License
Links
MINNESOTA
Regulator: Minnesota Department of Commerce
Applicable Laws
- Consumer loans regulated under Minnesota Consumer Small Loan Act (Minn. Stat. 47.60)
- Maximum APR of 33% for consumer loans
- Lenders must be licensed by Department of Commerce
Links
MISSISSIPPI
Regulator: Mississippi Department of Banking and Consumer Finance
Applicable Laws
- Title loans regulated under Mississippi Small Loan Regulatory Law
- Mississippi Title Pledge Act also applies
- No statutory APR cap for title loans
- Lenders must hold appropriate license
Links
MISSOURI
Regulator: Missouri Division of Finance
Applicable Laws
- Title loans regulated under RSMo §367.500 to §367.533
- Maximum title loan amount of $5,000
- Minimum loan term of 30 days
- Principal reduction required after 3rd renewal
Links
- Missouri Division of Finance
- Missouri Title Loan Law (RSMo Chapter 367)
- 367.512. Title Loan Requirements
MONTANA
Regulator: Montana Division of Banking and Financial Institutions
Applicable Laws
- Consumer loans regulated under Montana Consumer Loan Act (MCA 32-5)
- Maximum APR of 36% (Initiative I-164, effective 2010)
- Lenders must be licensed by Division of Banking
Links
NEBRASKA
Regulator: Nebraska Department of Banking and Finance
Applicable Laws
- Consumer loans regulated under Nebraska Installment Loan Act (Neb. Rev. Stat. 45-1001)
- Maximum APR of 24% for consumer loans
- Lenders must hold Installment Loan License
Links
NEVADA
Regulator: Nevada Financial Institutions Division
Applicable Laws
- Title loans regulated under Nevada Title Loan Law (NRS 604A)
- No statutory APR cap for title loans
- Lenders must hold Title Loan License
Links
NEW HAMPSHIRE
Regulator: New Hampshire Banking Department
Applicable Laws
- Consumer loans regulated under New Hampshire Small Loan Act (RSA 399-A)
- Maximum APR of 36% for consumer loans
- Lenders must be licensed by Banking Department
Links
NEW MEXICO
Regulator: New Mexico Financial Institutions Division
Applicable Laws
- Consumer loans regulated under New Mexico Small Loan Act
- Maximum APR of 36% for loans up to $10,000 (effective 2023)
- Minimum term of 120 days
- Minimum 4 installment payments required
Links
OHIO
Regulator: Ohio Division of Financial Institutions
Applicable Laws
- Consumer loans regulated under Ohio Short-Term Loan Act (ORC 1321.35)
- Maximum APR of 28% (effective April 2019)
- Loan amounts from $500 to $1,000
- Loan terms from 91 days to 12 months
Links
OKLAHOMA
Regulator: Oklahoma Department of Consumer Credit
Applicable Laws
- Consumer loans regulated under Oklahoma Consumer Credit Code (59 O.S. § 3101)
- No statutory APR cap for title loans
- Lenders must hold Supervised Lender License
Links
OREGON
Regulator: Oregon Division of Financial Regulation
Applicable Laws
- Consumer loans regulated under Oregon Consumer Finance Act (ORS 725)
- Maximum APR of 36% for consumer loans
- Lenders must be licensed by Division of Financial Regulation
Links
RHODE ISLAND
Regulator: Rhode Island Department of Business Regulation
Applicable Laws
- Consumer loans regulated under Rhode Island Small Loan Lenders Act (R.I.G.L. 19-14.2)
- No statutory APR cap for title loans
- Lenders must hold Small Loan Lender License
Links
SOUTH CAROLINA
Regulator: South Carolina Board of Financial Institutions
Applicable Laws
- Consumer loans regulated under SC Consumer Finance Law
- Lenders must hold Consumer Finance License
- No statutory APR cap for title loans
Links
SOUTH DAKOTA
Regulator: South Dakota Division of Banking
Applicable Laws
- Consumer loans regulated under South Dakota Codified Laws (SDCL 54-4)
- Maximum APR of 36% (Initiated Measure 21, effective 2016)
- Lenders must be licensed by Division of Banking
Links
TENNESSEE
Regulator: Tennessee Department of Financial Institutions
Applicable Laws
- Title loans regulated under Tennessee Title Pledge Act (TN Code §45-15)
- Interest rate cap of 2% per month under Title Pledge Act
- Additional fees may apply under Flexible Credit Act
- Minimum loan term of 30 days
Links
TEXAS
Regulator: Texas Office of Consumer Credit Commissioner
Applicable Laws
- Title loans regulated under Texas Finance Code Title 5
- Many lenders operate as Credit Access Businesses (CABs)
- Municipal ordinances in Austin, Houston, Dallas, San Antonio may apply
- All terms must be disclosed before signing
Links
UTAH
Regulator: Utah Department of Financial Institutions
Applicable Laws
- Title loans regulated under Utah Title Lending Registration Act
- Loan amount limited to fair market value of vehicle
- No statutory APR cap for title loans
Links
VIRGINIA
Regulator: Virginia Bureau of Financial Institutions
Applicable Laws
- Consumer loans regulated under Virginia Consumer Finance Act
- Virginia Motor Vehicle Title Loan Act also applies
- No statutory APR cap for title loans
- Lenders must hold appropriate license
Links
WASHINGTON
Regulator: Washington Department of Financial Institutions
Applicable Laws
- Consumer loans regulated under Washington Consumer Loan Act (RCW 31.04)
- Maximum APR of 36% for consumer loans
- Lenders must hold Consumer Loan License
Links
WISCONSIN
Regulator: Wisconsin Department of Financial Institutions
Applicable Laws
- Title loans regulated under Wisconsin Title Loan Law (Chapter 138.16)
- No statutory APR cap for title loans
- Lenders must hold Title Loan License
Links
WYOMING
Regulator: Wyoming Division of Banking
Applicable Laws
- Consumer loans regulated under Wyoming Uniform Consumer Credit Code
- No specific title loan statute
- Lenders should comply with general consumer credit regulations
Links
MILITARY SERVICEMEMBER PROTECTIONS
Active duty military and dependents are protected under the Military Lending Act (MLA):
• Maximum APR of 36% including all fees
• No prepayment penalties
• No mandatory arbitration
• Learn more about MLA protections
TRIBAL LENDERS
Some loans may be originated by tribal lenders operating under tribal sovereignty. Tribal lenders may not be licensed by state regulators. Review all terms carefully before accepting a tribal loan.
GENERAL DISCLOSURES
Title loans are high cost, short term loans. Consider before borrowing:
• Risk of repossession if you cannot repay
• Rolling over loans increases total cost
• Consider alternatives such as credit unions, payment plans, or nonprofit counseling
How to File a Complaint
MontanaCapital®: support@montanacapital.com | 1-888-700-8900
Or contact your state regulator using the links above.
VERIFY OUR LICENSES
• NMLS Consumer Access (ID: 2249848)
• California DFPI License Search
Last Updated: December 2025
Montana Capital Car Title Loans® | NMLS ID: 2249848 | CA License: 603F508