How Do Title Loans Work?

If you're thinking about or have ever thought about getting a title loan, you may be asking “how do title loans work?” Getting a title loan doesn't have to be complicated and confusing. Speedy Cash offers title cash in just a few short steps.

Get a Title Loan in 5 Easy Steps

Easy Application. Fast Decision. Speedy Cash.

Bring your vehicle to a Speedy Cash location

Drive your fully operating vehicle to a store location for inspection. See a full list of acceptable vehicles below.

Speedy Cash completes a vehicle inspection

Our team will complete an inspection of your vehicle to determine the value.

Finish your application and receive an instant lending decision

After Speedy Cash Cash processes your application, you will receive a lending decision, including a maximum loan amount if approved. The amount that we offer will depend on a variety of factors, including the outcome of the vehicle inspection.

Sign your loan documents and drive away with title cash in hand

If approved, review and sign your loan documents, and receive cash on the spot. Plus, you get to keep your car!

Make payments until your loan is paid in full

Make scheduled payments according to the determined timeline in your loan documents. Once paid in full, the lien on your title will be released. With a Speedy Cash title loan, you can always pay off your title loan early – no penalty fees.

What Vehicles Can Be Used to Get a Title Loan?

Below is a list of the different types of vehicles can be used to get a title loan from Speedy Cash.

Vehicles Accepted:



Motorcycle/Street Bike

Motor Home

Pickup Truck

Trailer (non-freightliner)


Any On-Road Vehicle

Titled Boats

NOT Accepted:

Watercraft (non-boats)

Dune Buggy

Four-Wheeler/Quad ATV

Electric Car

Golf Cart

Dump Truck



Title Loans FAQs

A: There are many factors that determine how much you may be approved to borrow with a title loan. Among other factors, Speedy Cash will consider:

Vehicle condition

Value of your vehicle

The state you live in (maximum loan amounts vary by state)

A: Speedy Cash considers many factors when conducting an inspection. The main factor in determining value is the condition of the vehicle and not necessarily the model year. As long as you have a clear title and a vehicle in working condition, then you may be eligible for a title loan.

A: Are you still making payments on your car? Speedy Cash may still be able to help. Select Speedy Cash locations offer title loans with no clear title required. Rather than providing your clear title, you provide proof of your first (current) lien.

Have more questions?

Visit our FAQ page.

Title Loans Near Me

Auto title loans are available in many Speedy Cash locations.

Did you receive a reservation number in the mail? Click here to get started.

Product types and maximum loan amounts vary by market. Subject to state regulations, eligibility, credit check, underwriting and approval. Rates, terms and conditions apply. Title loans subject to minimum auto value requirements. See associate for details. Lending decisions and funding times subject to system limitations. Some applications may require additional verification, which can delay the lending decision.

The credit decision on your application may be based in whole or in part on information obtained from a national database including, but not limited to, TransUnion, Equifax, LexisNexis or FactorTrust, Inc.

Instant funding to a debit card is only available for online loans. Instant funding is not applicable for all debit cards and is not available in New Mexico, Ohio or South Carolina. Subject to system limitations. Some restrictions may apply.

Cash advances only available up to approved credit limit; some restrictions may apply.

NOTICE: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is the Consumer Financial Protection Bureau, 1700 G Street NW, Washington DC 20006 and the Federal Trade Commission, Equal Credit Opportunity, Washington DC 20580.

Alabama: Minimum age to apply in Alabama is 19.

California: Speedy Cash is licensed by the California Department of Business Oversight pursuant to the California Deferred Deposit Transaction Law. California loans other than deferred deposit loans are issued pursuant to the California Financing Law.

Nevada: The use of check-cashing services, deferred deposit loan services, high-interest loan services or title loan services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

New Mexico: Speedy Cash is licensed and regulated by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.O. Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87504. To report any unresolved problems or complaints, contact the division by telephone at (505) 476-4885 or visit the website

Tennessee: The State of Tennessee requires a minimum principal reduction. In order to comply with the minimum state-required principal reduction, Speedy Cash requires that minimum payments include a principal reduction of 2% or $2.50 for Customers who get paid bi-weekly/twice-a-month, or 4% or $5 for Customers who get paid monthly, whichever is greater.

Texas: Speedy Cash operates as a Registered Credit Access Business (CAB). The actual Lender is an unaffiliated third party. Speedy Cash engages in the money transmission and/or currency exchange business as an authorized delegate of MoneyGram Payment Systems, Inc. under Chapter 151 of the Texas Finance Code. If you have a complaint, first contact MoneyGram Payment Systems, Inc. at 1-800-MONEYGRAM. If you still have an unresolved complaint regarding the company’s money transmission or currency exchange activity, please direct your complaint to the Texas Department of Banking: 2601 North Lamar Boulevard, Austin, TX 78705-4294, 1-877-276-5554 (toll free),

Opt+: This card is issued by Axiom Bank or Metropolitan Commercial Bank, Member FDIC, pursuant to a license from Visa. Visa is a registered trademark of Visa USA Inc. All trademarks and service marks are property of their respective owners. ATM: No fee withdrawals at any Speedy Cash or Rapid Cash location. Transaction fees will apply for all other ATMs. No charge loads/unloads at Speedy Cash and Rapid Cash locations only.

Google Play is a trademark of Google Inc. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. Data rates may apply.

Customer Notice:
There are a wide variety of loan products available in the marketplace, so your choice of lending products should match your financial needs. Small-dollar loans used over a long period of time can be expensive.