Best Reviews TopConsumerReviews.com Best Car Title Loans Best Reviews
Best Reviews
      September 23, 2018

Home  >  Car Title Loans  >  Max Cash Title Loans vs Loan Auto Title

Best Car

Title Loans

  1. Loan Mart
  2. Auto Cash USA
  3. 1 800 Car Title
  4. Loan Auto Title

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Worry Free Car Care Manual Newsletter

Latest Reviews

Acne Products

Coffee Clubs

Company Incorporation

CPA Exam Reviews

Credit Repair Companies

Dog DNA Testing

LLC Formation

Meal Delivery Programs

People Search

Pet Insurance

Wholesale Dropshippers

 

Individual Reviews

Max Cash Title Loans

Loan Mart

Auto Cash USA

1 800 Car Title

Loan Auto Title

 

Disclosure: We pay our reviewers for their reviews. We are not compensated by companies for their reviews, but we may be compensated for links and advertisements on our website. Click here for details.

Better Business Bureau Reliability Seal

Max Cash Title Loans vs Loan Auto Title

Best Car Title Loan Providers

To help you find the Best Car Title Loans, TopConsumerReviews.com provides you with an in-depth comparison of Max Cash Title Loans and Loan Auto Title.

To see ALL of our reviews for the Best Car Title Loans, please Click Here

Car title loans help millions of people to quickly access cash in times of need. In today's economy, not everyone is fortunate enough to have money in savings or a generous friend or relative from whom to borrow. When unexpected bills arise, such as an expensive car repair or visit to the emergency room, it can be challenging to find the funds to pay them. Car title loans use your vehicle's title as collateral for a short-term loan, while still allowing you full use of the car for all of your everyday needs. When you repay the loan, the title is returned to you, hassle-free.

Why do some people choose car title loans over other ways to borrow money? First, most car title loans are available to customers who don't have high credit scores. Also, the amount of an car title loan is based on the value of the vehicle, so some car owners can get more money than with other types of loans, if they have a car that's worth more.

Continue reading below reviews

Best Reviews

2018

Car Title Loan Reviews

5 stars
Max Cash Title Loans

MAX CASH TITLE LOANS Visit Site

Fees:

Interest rates from 52% to 300% APR (96% APR on average)

Additional fees depending on the state and selected lender

TopConsumerReviews.com Best-In-Class Blue Ribbon Award Max Cash Title Loans wants to make it as simple as possible for you to get the cash you need in a hurry. Customers can receive their money in as little as one business day from the time their application is completed, although some customers have had to wait as long as 72 hours to get their funds after providing documentation via email or fax.

Max Cash Title Loan has the largest service area of any car title lender in our review. They can accept applications in all states except New York.

The car title loan application is a simple online process. As a car title loan referral service, Max Cash will pair you with a lender. That means that, once matched, you may need to disclose additional detailed information directly with them.

Once your car title loan application is approved, in order to get your funds, you may need some or all of the following:

  • Government-issued photo ID
  • Free and clean car title
  • Three references (not relatives)
  • Insurance (required by some states)
  • Social Security card or a document showing your name and SSN

As with most car title loans, the rates offered through Max Cash's lender partners are high compared with other types of personal loans. Car title loan rates can range anywhere from 52% APR to 300% APR, with an average APR of 96% across borrowers. We appreciate that Max Cash Title Loan encourages borrowers to pay off their loans as soon as possible, in order to avoid paying so much money in interest.

Another area where Max Cash stands out from other car title loan providers is in their solid reputation. After some investigation, we learned that Max Cash is a part of TMG Loan Processing - a company with many satisfied reviews from borrowers. We discovered that TMG is extremely responsive, transparent, and helpful with their customers. This is reassuring in a market where some of their competition have been fined for illegal or deceptive practices.

We also discovered that Max Cash thoroughly vets and approves the lenders with whom they partner. They try to utilize their loan volumes to achieve better interest rates and quality service for their customers.

With a great reputation and wide service area, Max Cash Title Loans stands out fom other car title loan providers. We think you'll find the loan experience with Max Cash to be honest, easy to understand, and dependable. They earn our highest rating.

Visit Site

1 star
Loan Auto Title

LOAN AUTO TITLE Visit Site

Fees:

Undetermined

Loan Auto Title, at first glance, looks like a good choice to begin the process of applying for an car title loan. The site is simple to use, attractive, and gives easy-to-understand information on how car title loans work.

Unfortunately, that's where the helpful information stops. On the Rates & Fees page, the sum total of the disclosure consists of "it depends", in essence. Without disclosing your personal information, including your phone number and email address, you will have no way of knowing even a range of possible interest rates charged by Loan Auto Title. Most competitor lenders at least tell you a minimum and maximum range to expect.

Digging further into the fine print, we also found that Loan Auto Title is a referral service only, with loans sent to an LLC under the name of Nesmetaju. According to the site, this LLC is based in California. However, as we researched it more deeply, it appears to be a business located in St. Kitts and Nevis, not in the United States. Nesmetaju LLC is affiliated with several other lending sites, many of which have an "F" rating with the Better Business Bureau.

We like that Loan Auto Title claims to offer late fee forgiveness, provided that consumers communicate openly with the lender to ask for a limited waiver of fees under certain circumstances. But, given the other issues we found, we were left wondering if that perk would actually be offered to customers who went through and got an car title loan with Loan Auto Title.

With so little information available - and such discouraging information about the background of Loan Auto Title - this company earns low marks. We recommend looking at one of our higher rated companies for your car title loan needs.

Visit Site

Continued from above

However, car title loans have some disadvantages that you should consider. The main caveat is that if you do not repay the loan, you will lose your car as the lender will effectively be the new owner. This can jeopardize your ability to get to work, school, or other important destinations. Equally disadvantageous are the high interest rates charged by most car title lenders. Obviously, car title loans are a last-resort way to borrow money, given the high fees and the risk of losing your vehicle.

Still, being able to get the cash you need to pay overdue bills or for other pressing needs is important. When evaluating different car title loans, make sure to keep in mind the following:

  • Loan Amount. How much money do you need? A variety of loan amounts are offered by different lenders, and most have a minimum amount that you'll need to borrow.
  • Service Fees and Interest Rates. Will you be charged anything for processing the loan? What are the interest rates typically charged by the lender?
  • Convenience. Is the application process 100% online, or will you need to fax in any required documents? How quickly will the funds be transferred to your account?

TopConsumerReviews.com has reviewed and ranked the best Car Title loans available today. We hope these reviews help you find the right title loan for your short-term financial needs!

Understanding the Risks of Short-Term Loans

which means you have to put up collateral to get the loan. For example, title lenders use your car's title as a collateral. You typically have to own your car outright to be eligible for a title loan, ...

Published:  Thu, 20 Sep 2018 03:18:00 GMT



Title-pawn shops "˜keep poor people poor.' Who's protecting Georgians from debt traps

On top of being a grieving widow, she was faced with having to buy back the car from a title-pawn company. In 2004, Georgia, banned so-called payday loans, where lenders offer high-cost, short-term lo...

Published:  Thu, 20 Sep 2018 09:05:00 GMT



California's Oldest Title Lender Opens Up a New Location in Bakersfield, California

TFC Title Loans, California's oldest title lender, has open a new location in Bakersfield, California (719 Niles St. #N, Bakersfield, CA 93305), so residents of Bakersfield can now visit this location ...

Published:  Wed, 19 Sep 2018 03:02:00 GMT



Accruit and AUTOPAY Team Up to Facilitate Online Vehicle Sales and Purchase

With the addition of Autopay, individuals who want to transfer ownership and title of vehicles with outstanding loan commitments are now able to do so. "Private used car sales continues to be one of t...

Published:  Thu, 20 Sep 2018 05:14:00 GMT



Car Buyer's Glossary of Terms | Everything you need to know in under 3 minutes

Subprime loan - loans to high-risk individuals with low credit scores that often have high interest rates and larger down payments. Title - the title, or pick slip, is issued by the DMV as your vehicl...

Published:  Thu, 20 Sep 2018 13:44:00 GMT



Car Title Loans California New Website is Faster and Easier to Get the Best Information

Improving the service for our California clients with a faster and mobile optimized website LOS ANGELES, Aug. 24, 2018 /PRNewswire/ -- Car Title Loans California is happy to announce a completely new ...

Published:  Fri, 24 Aug 2018 04:27:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure