Premier House of Cars. (818) 770-0424

Car Title Loan

A CAR TITLE LOAN is a type of secured loan where borrowers can use their vehicle title as collateral. Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. When the loan is repaid, the lien is removed and the car title is returned to its owner. If the borrower defaults on their payments then the lender is liable to repossess the vehicle and sell it to repay the borrowers’ outstanding debt.

 

The loan amount depends on the price of the vehicle. Normally, Car Title Loans are approximately 30-50% of the auction value of the vehicle. Interest rates are usually higher on car title loans than on regular loans. The exact amount of loan and the interest rate will be determined based on the vehicle and the qualifications of the borrower. 

 

For the evaluation of your vehicle and loan amount determination, please contact one of our team members.

Company Info


Premier House of Cars
7218 Haskell Ave
Van Nuys, CA 91406
Phone: (818) 770-0424

Opening Hours

By Appointment Only Monday
By Appointment Only Tuesday
By Appointment Only Wednesday
By Appointment Only Thursday
By Appointment Only Friday
By Appointment Only Saturday
Closed Sunday