Compare Top Payday and Title Loans
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Speedy Cash
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No clear title needed! |
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TitleMax
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Consumers can get approved for car and motorcycle title loans up to $10,000 in about 30 minutes with no prepayment penalty. The company has been in business 15 years, has over 1,000 locations and offers competitive interest rates. |
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TMG Loan Processing
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Get quick approval online! |
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Finova Financial
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Southwest Title Loans
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Location
3510 E. Bell Rd., Ste. 1A
Phoenix, AZ 85032
(623) 266-9163
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Cash-N-Go
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Location
6148 N. 7th St., Ste. A
Phoenix, AZ 85014
(602) 264-3640
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1 Stop Title Loans
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Location
1501 N. 16th St.
Phoenix, AZ 85006
(602) 253-6002
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Presto Auto Title Loans
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Location
8385 N. 7th St.
Phoenix, AZ 85020
(602) 277-2000
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Maximum Title Loans
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Location
2701 W. Northern Ave.
Phoenix, AZ 85051
(602) 242-5626
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Auto Title Loans USA
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Location
40 N. Central Ave., Ste. 1400-H
Phoenix, AZ 85004
(602) 317-6950
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LoanMax Title Loans
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Location
1345 W. McDowell Rd.
Phoenix, AZ 85007
(602) 606-4480
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Cash 1 Loans
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Location
2415 E. Thomas Rd., Ste. 2
Phoenix, AZ 85016
(602) 955-8800
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How to get a title loan in Phoenix
A title loan is a short-term loan that is guaranteed by your car. If you fail to repay, the lender can take the vehicle and sell it to get the money back.
Because of the risk of losing a valuable possession — and the relatively high interest rates that come with title loans in Phoenix — you should first consider alternative types of borrowing:
- Loan from a small bank or credit union
- Loan from a friend or family member
- Credit card cash advance
- Extensions from creditors or loan servicers
- Credit/debt counseling
If you do decide to apply for a title loan in Phoenix, you should know what to expect. Here are some answers to common questions.
What do I need to qualify for a title loan?
The requirements to obtain a title loan in Phoenix vary from lender to lender, but it’s generally easy to qualify. You must be 18 and have a government-issued photo ID. You need a vehicle with a clean title in your name. Have proof of registration, insurance, residence and some form of income just in case. Good credit isn’t necessary.
Most applicants apply in person for a title loan, but some companies may allow you to start the application online before you go in for a vehicle appraisal. Once you sign for the loan, you hand over the title and drive away in your car.
How much can I borrow with a title loan? How long is the loan term?
Arizona law does not limit how much title loan companies can lend. There are also no restrictions on term lengths. Most title loans in the state are between $1,000 and $10,000, and 30 days is a common term. The amount you can borrow is based on the value of your vehicle, which the lender determines.
How much interest is there on a title loan?
When you take out a title loan in Phoenix, you will owe back the loan amount (principal) plus interest. Arizona law caps the interest rates title loan companies can charge.
| Loan amount | Maximum monthly interest rate |
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| $500 or less | 17% |
| Over $500 up to $2,500 | 15% |
| Over $2,500 up to $5,000 | 13% |
| Over $5,000 | 10% |
What happens if I can’t repay a title loan?
If you are unable to repay a title loan, a title loan company may allow you to renew the loan, but you should avoid this scenario if possible because it puts you in further debt.
Title loan companies in Phoenix are allowed to charge a 5 percent late fee on the unpaid balance after you are late by 10 days. They are also allowed to take the vehicle and sell it to collect on the loan, plus charge for related expenses. Any excess funds after the sale are paid to the borrower.
What else should I know?
Always read the loan contract carefully before signing, asking questions if you have them. Be familiar with how many payments you have, when they’re due and how to make them. Avoid working with any lender that charges a prepayment penalty. Only borrow what you can afford to repay.
Title Loans Reviews
Speedy Cash |
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Speedy Cash, an Arizona-licensed lender, lets you know within minutes if you qualify for a title loan. Bring your vehicle and clean title to any of the Phoenix locations, and you can get up to $25,000 cash on the spot. Customers have multiple payment options and can prepay without penalty. Staff at Speedy Cash are polite, helpful and efficient, according to reviews from borrowers. |
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TitleMax |
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TitleMax is a national title lending company with locations all across Phoenix. Applicants of all credit types can qualify and get cash in as little as 30 minutes. All you need is a vehicle, clean title and government-issued ID. Borrowers have the option of using the TitleMax Mobile App to track balances and due dates and make payments. Many customers in Phoenix have given this company five stars and recommend it to others. |
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Finova Financial |
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Finova Financial, founded in 2015, is an online title lending company offering the Finova Consumer Loan on Car, or C LOC. Apply online, and you’ll get a quick decision and same-day funds if you qualify. Good credit isn’t necessary, and there’s no prepayment penalty. Customers say Finova Financial loans are simple to get and helpful during a financial crunch. |
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Southwest Title Loans |
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Southwest Title Loans prides itself on putting the customer first. Their quick and easy application process comes with a clear explanation of how auto title and registration loans work. Founded in 2000, the company is accredited by the Better Business Bureau and is a member of the Arizona Title Loan Association. Six locations across the Phoenix Metro area include branches in Avondale, Glendale, Mesa, San Tan Valley, Tempe and North Phoenix/Scottsdale. |
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Cash-N-Go |
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Cash-N-Go, family owned and operated since 1995, has two locations in the Phoenix area for title loans. Borrow $300 - $75,000 in as little as 30 minutes with low rates and no hidden fees or prepayment penalty. Start by filling out an application online, and Cash-N-Go specialists will help you find the best loan solution. Customers in Phoenix say they’ve had great experiences getting title loans from Cash-N-Go. |
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1 Stop Title Loans |
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With locations across the Valley, 1 Stop Title Loans is a fast and easy solution if you need a title loan in Phoenix, even if you have bad credit. Find out within minutes of applying if you qualify, and get same-day cash up to $50,000 in as little as 30 minutes. You don’t have to worry about hidden fees or penalties, and you can pay off a balance anytime. Customers in Phoenix say 1 Stop Title Loans representatives are professional and knowledgeable. |
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