Corona Car Title Loans FAQ’s
How do I qualify?
- Vehicle needs to have a wholesale value of $2500.00.
- Vehicle cannot be over 10 years old.
- Loan applicant must be at least 18 years of age.
- You must fully own your vehicle.
Is an Auto Title Loan better than a Payday Loan?
Payday loans are approximately $300 – $500. They were not created to be long-term loans nor large sum loans, they are typically only for about fourteen days. Our Corona auto title loans allow you to borrow a larger amount of cash and we work with you to create a repayment plan that works for for your specific needs.
Is there a pre-payment penalty?
No, you can pay off your loan at anytime with no prepayment penalties. Fast Car Title Loans Corona encourages you to pay it off sooner if possible and we won’t charge you a penny to do so.
Can I be on disability or retired?
Yes. However, you will need to show proof of income that is at least $1200 per month or more.
Does my car need to be paid off?
Yes. Your car needs to have a lien-free title.
Can I have two car title loans at once?
No, but if you have one already, we can try to refinance it and roll it into a new loan, getting you the money you need.
How long will I have to repay my loan?
This can depend on many different factors, however the most common loan length is 3 years.
What if I’ve lost my title?
You can obtain a new title by requesting one from your local DMV. You will need to have this before you can qualify.