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17 Jun 2019   /   0 comments

Car Title Loan Interest Rates


TFC Title Loans wants to assist you in finding the best car title loan interest rates out there. We understand that this can be difficult information to find since so many title loan lenders aren’t completely transparent. However, here, at TFC Title Loans, we make transparency a priority so that we can build a trusting relationship with our customers that will last for years to come. We plan to lay it all out for you so you can have a clearer picture of the average APRs for car title loans.

It is our responsibility to help our customers through every step of the process by giving you accurate and helpful information. We have been helping the residents of California, New Mexico, and Arizona with car title loans ever since 1994, which makes us the oldest car title loan lender in California. With all this experience in the lending industry, we have been able to perfect the lending process so we can offer the most competitive rates possible.

Over the past 25 years, we have drawn thousands upon thousands of customers to obtain title loans from us because of our unbeatable APRs and second-to-none customer service. We prioritize consumer education and lender transparency because we care about our customers and their financial success. To learn more about car title loan interest rates then please continue reading. If you have already decided that you would like to get a title loan with us, then feel free to get started today by filling out our online application or giving us a call.


State Regulations

Arizona: The state sets maximum interest rates depending on the loan amount to be borrowed.

  • $500 or less has a 17% maximum per month (204% APR)
  • $501-$2,500 has a 15% maximum per month (180% APR)
  • $2,501-$4,999 has a 13% maximum per month (156% APR)
  • $5,000 and above has a 10% maximum per month (120% APR)

California: The interest rate per month is capped at 30% for all loans under $2,500. (360% APR) However, there are no caps for loans that are over $2,500.

New Mexico: There are absolutely no interest caps for lenders in New Mexico.

Competitors’ Interest Rates


LoanMart’s website claims that their APRs range between 30% and 165%. Taking this into account, it would be easy to hypothesize that if you were to get a loan of around $2,600 you could expect to have an APR hovering around between 90% to 100%.


TitleMax does not display their average APRs on their website nor are their customer representatives willing to disclose them to you, not even a ball-park estimate. It seems like you are only made aware of the APR when you receive the loan terms. That, unfortunately, is the only information that can be found.

The TFC Difference

With TFC Title Loans VIP Title Loan Program, the maximum APR is 35.99% for all of our qualifying customers. The rate is dependent on your creditworthiness, your vehicle collateral, and the loan terms and conditions. The loan amounts for the VIP program start at $5,000 with a scheduled term of 24 to 44 months. The interest of the loan may vary depending upon the timing of the payments. However, there are no prepayment penalties with TFC Title Loans. This means that you have the option to pay off your loan at any time.

If you have any more questions you would like to ask about car title loan interest rates, then please feel free to give us a call. We would be very happy to answer any questions you may have.

Frequently Asked Questions
Do title loans have high interest rates?

Historically, yes. However, today TFC Title Loans is available in all states where title loans are legal and TFC offers the lowest rates to people with "bad credit" and "poor credit" out of all American lenders.

How much money can I get from a title loan?

Title loans for cars are determined by the current market value of the vehicle. If your car is worth $10,000 today, you may be able to take out a loan for (generally speaking) $8,000.

Are title loans good for emergency money?

Title loans are great for making money in a hurry because you get money quickly and keep your car. No company can match TFC Title Loans when it comes to low interest rate fast cash for any situation.

How Much Cash Can i Get?

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