ONLINE CAR TITLE LOANS
IN LOUISIANA

How Does A Title Loan Work In Louisiana & How Much Can I Borrow?

Title loans are now available in Louisiana, and most applicants can qualify for fast funding using only their vehicle title. You don’t need good credit to get $2,000 or more, using your car as collateral. Premier Title Loans now offers pre-approval for anyone in Louisiana who owns a vehicle valued at $5,000 or more. We can provide you with a quote online in minutes, or you can call 800-250-6279 to receive an estimate detailing the loan amount and interest rate.

Expect to pay high interest rates for these loans, so it’s essential to borrow only what you need. Always use a title loan calculator to determine the exact interest amount and payoff terms of your quote. Many lenders operate in Louisiana, so shop for the best deal. You can apply online with us, call 800-250-6279, or start the underwriting process with a neighborhood lender near you. No matter your choice, find a company you feel comfortable working with.

Title loans use your car’s equity as security for a loan that’s not entirely dependent on your credit history. Your vehicle equity is critical when a lender underwrites your loan. Generally, you can expect to pay a high APR for a vehicle-secured loan, as there are few other underwriting requirements beyond the certificate of title. Most state-licensed lenders are regulated by the Louisiana Consumer Credit Law and offer tiered interest rates that start at 36% for the first $1,400 borrowed. Those interest rates can drop further to 21% for larger loan amounts. Some lenders also structure your loan as a “title pawn,” which has a much higher monthly interest rate capped at 20%.

What Do I Need To Qualify For Car Title Loans In Louisiana

The first and most important requirement is a paid-off lien-free vehicle. With that vehicle, you can increase your chances of qualifying if it’s a 2015 or newer model with fewer than 100,000 miles. You’ll need a verifiable source of income, a bank account with direct deposit or ACH capabilities, and a state-issued ID or driver’s license to verify your identity and residency. Some title loan companies may require additional documentation, such as proof of vehicle insurance, references, and records of your recent driving history.

Where To Get An Auto Title Loan In Louisiana?

It all comes down to whether you want to apply with an online or a local lender in Louisiana that offers in-store loans. Some applicants prefer to work with a local company because they feel more comfortable dealing with a real person. However, an increasing number of consumers are opting for the convenience of online title loans. By applying online, you can borrow $2,000 or more, not deal with the hassle of waiting days to process an application, and drive around looking for a local company with the best rates.

Here at Premier Title Loans, we work with companies in New Orleans and throughout Louisiana to help connect you with the best lender for your needs. Do you live in a smaller city such as Kenner or Leesville? That’s no problem, as we work with anyone in the state who can apply online or by phone at 800-250-6279. We make it easy to compare rates and terms so you can find the perfect title loan for your situation.

Do I Need A Good Credit Score To Get Approved for Online Title Loans in Louisiana?

No, your credit score is not a factor when you apply for online title loans. That’s because these loans are secured, and the equity in your car is the most important factor. Customers in Louisiana choose to apply with us because of our fast pre-approval, regardless of their credit score. Most of our applicants have recently been turned down due to poor credit, loan defaults, and missed credit card payments. We work with customers with FICO scores ranging from 400 to 800, and low scores are often not an issue unless you have a current bankruptcy or if another company recently repossessed your vehicle.

How Fast Can I Get Cash From A Lender In Louisiana?

Borrow cash using your vehicle’s title and have the funds sent directly to your bank account. Many larger companies in Baton Rouge offer money for your car’s equity within one business day, provided you meet with them in person. Do you have a bank account that is not set up for direct deposit? Local lenders in Louisiana offer cash payments via ACH, and you can also request a money order if you need the funds sooner.

Getting money from an online company may take longer, but that’s not because the application process is slower. We offer pre-approval for title loans in Louisiana and can get everything processed in less than an hour. The only hold-up is when your bank or credit union processes the ACH payments into your account.

Apply With Premier Title Loans In Louisiana

Applying for online title loans in Louisiana is easy; All we need is your vehicle details and income verification. We can even get you pre-qualified for a vehicle secured in New Orleans, even if you can’t verify your income or don’t have immediate access to your vehicle. As long as you have a car worth $5,000 or more, you can get pre-qualified in Louisiana. Apply online with us or call 800-250-6279 to find out how much cash you can get for your vehicle’s equity.

Cities In LA:

• Baton Rouge
• Houma
• Lafayette
• Lake Charles
• Metairie
• Monroe
• New Orleans
• Shreveport