PREFERRED TITLE LOAN – LOW APR !!!

Types-of-Loans-01

Preferred Title Loan
Preferred Title Loan is the new way to get a title loan at low cost to you on your lien-free vehicle. Its quick, easy and very convenient. If you have a title loan with a different lender, we may be able to to refinance it for you and get you a great rate. The good news is that you get to keep driving your vehicle, and you get your title back once your last payment has been made. It’s as simple as 1,2,3. To apply, simply do the following to get your cash.

  1. Bring your ID; Proof of Income; Vehicle Title and the Vehicle for appraisal
  2. Fill out a short application
  3. Our friendly staff will review the loan terms and condition with you for signing.
  4. Get your check and leave our office with your vehicle smiling. That’s it!!!

What interest and A.P.R. can I expect to get?
The maximum interest rate to expect is 24.99% and the maximum APR to expect is 35.99%.

How long can I have to pay a loan?
You can borrow for 90 days. If you borrow for 90 days, your payment will be broken into three monthly installments.

The maximum term for our preferred title loan is 3 months (90 days) with 3 monthly installments and the minimum term is also 3 months (90 days) with 3 monthly installments.

Additional Information

The maximum APR to expect for a “Preferred Title Loan” product is 35.99%. Your actual rate will depend on your credit score, loan amount and credit history.


For example: a loan amount of $500 for a 3 months term (90 days) at an interest rate of 24.99% and a CSO fee of $8.75 will offer a total payback amount of $530.12 at a three monthly installment of $176.70 (1st Payment), $176.70 (2nd Payment) and $176.62 (3rd Payment) for an APR of 35.67%.

Please do not hesitate to give us a call if you have any questions regarding our “Preferred Title Loan” product. Our phone number is 614-866-0066. We are located at 6308 E. Main Street. Reynoldsburg, OH, 43068. We look forward to helping you obtain the loan that you need.

My Title Loans is licensed through the Ohio Division of Financial Institutions. We are only able to help customers who live in the state of Ohio. Our license number is CS.900229.000. We help customers get an extension of credit by other lenders. With our “Preferred Title Loan” product, you can now get a title loan at low cost to you on your lien-free vehicle. Its quick, easy and very convenient. The process takes about 30 minutes to an hour. Once you are approved, you will get your check immediately and you get to keep driving your vehicle. All loan applications are subject to credit approval by the lender(s) with whom you are matched. Rate, terms and fees will be based on your individual credit history and underwriting by the lender. Depending on the value of your vehicle, some lenders may not require a credit check. All Equal Credit Opportunity Act requirements are adhered to and each lender will provide you with all required disclosures. Offers provided to customers who originated from a paid Google Advertisement features a rate quote on My Title Loans of no greater than 35.99% APR for any term loan.

Please take a look at the representative examples in the table below to get an idea of the fees to expect. Rates and APRs below are based on a credit score of 700 or higher.

Loan Amount Loan Term (Months) Interest Rate CSO Fee APR 1st Payment 2nd Payment 3rd Payment Total Payments
$100 3 months 24.99% $1.75 35.65% $35.34 $35.34 $35.32 $106
$200 3 months 24.99% $3.50 35.68% $70.68 $70.68 $70.65 $212.01
$300 3 months 24.99% $5.25 35.67% $106.02 $106.02 $105.97 $318.01
$400 3 months 24.99% $7.00 35.68% $141.36 $141.36 $141.30 $424.02
$500 3 months 24.99% $8.75 35.68% $176.70 $176.70 $176.62 $530.02

* The following documents are required from all prospective customers seeking a “Preferred Title Loan”:
1. Photo Identification Card
2. Lien free vehicle title
3. Proof of income

Our Lenders determine the underwriting criteria necessary for approval from time to time. All reasonable efforts are made to provide and maintain accurate information right here on our website. All rates, fees, and terms are presented without guarantee and are subject to change pursuant to each Lender’s discretion. There is no guarantee you will be approved for credit. We recommend that you closely review the terms of any loan offer you get.

If you are interested, please call us and ask about our “Preferred Title Loan” product or visit our office and ask our customer service representative about our “Preferred Title Loan” product. We are located at 6308 E. Main Street. Reynoldsburg, OH, 43068. Our phone number is 614-866-0066. We look forward to helping you obtain the loan that you need.

My Title Loan

My Title Loans is a Credit Services Organization (CSO) with Certificate number CS.900229.000. CSO is not a lender. All loans will be made by a third party lender