Frequently Asked Questions - Title Loans

How do I get started?

You can start the process for either a Car Title Loan or a Payday Loan by contacting one of our Chicagoland locations or by completing our online.

What is a Car Title Loan?

A Car Title Loan is a way to acquire cash by using the equity in your vehicle as collateral. The vehicle remains in your possession. In most cases Car Title loans allow for greater amounts to be loaned when compared to Payday Loans since there is usually more equity in your car. You have the choice to choose the option that best fits your needs. At Car Title Loans Group we make the process fast, easy, discreet, and secure.

What is required to qualify for a Car Title Loan?

  • You must own a car / vehicle with the title in your name.
  • A Photo ID which was issued by the Government.
  • Proof of income.

What amount of money can I borrow?

The loan amounts are dependent on the client’s scenario. In most cases the following scenarios would apply.

Car Title Loans: The loan amount is based upon the value and condition of your vehicle as well as your ability to pay. The amounts vary depending on the client.

Payday Loans: The loan amounts range from $100 to $1,000 or 25% of your gross monthly income whichever is less.

Contact any of our convenient locations to obtain a free quote or fill out the Fast Form on the right side of this web page and a representative will contact you.

How fast can I obtain the money?

After we take your application your loan will be approved in within 15 minutes and you will have the money in your hands.

Is there a penalty if I pay the loan off early?

No - there are no penalties for paying the loan off early.

Do I get to keep my car?

Yes, you continue to keep your vehicle.

Do I have to have a Checking or Savings Account to acquire a Car Title Loan?


What is a Payday Loan?

Payday loans are short-term personal loans collateralized against your next paycheck(s). A Payday loan is a fast and easy way to get cash between paydays.

What do I need to qualify for a Payday Loan?

  • Most recent paycheck stub within 30 days.
  • Government issued photo ID.
  • Active checking account with direct deposit.
  • Bank statement within the last 30 days
  • Post-dated check

My car is not registered in the State of Illinois. Is it still possible to obtain Car Title Loan?

At this time we are only providing loans to residents of the Chicagoland and Northwest Indiana areas. If you reside out of state, please contact us at one of our convenient locations to discuss your loan needs.

What is the difference between the Fast Form and the "Apply" links?

The Fast Form is designed to increase the ease and flexibility for customers to obtain information and free quotes. Submitting information via the Fast Form does not begin the loan process; it provides a minimal amount of data that our loan professionals use to contact you as well as address your questions and concerns. By following the "Apply" links you are initiating the actual loan process by filling out and submitting an online application.

I have additional Questions what should I do?

You can contact any of our locations and a representative will gladly answer any questions you may have or you can fill out the Fast Form on the right side of this web page and a representative will contact you shortly.