(800) 250-6279GET EMERGENCY CASH WITH A LAS VEGAS TITLE LOAN
Borrow a percentage of your vehicle’s value with an online title loan!
CAR TITLE LOANS IN LAS VEGAS NEVADA!
Residents of Las Vegas can now qualify for a title loan that doesn't require perfect credit. Borrow a percentage of your vehicle's value, and 2015 or newer vehicles have the best odds of qualifying as collateral.
Car Title Loans In Las Vegas, Nevada
Las Vegas is an expensive place to live, and we often hear from people who can’t pay their bills and need emergency cash. Additionally, getting an unsecured loan can be hard if you have poor credit or don’t have a paid off vehicle. Any of these situations makes a title loan a great option to borrow cash when banks and personal loan lenders don’t approve your application.
A car title loan allows you to leverage the equity in your vehicle by securing a loan based on its resale value. Getting a title loan in Las Vegas is often easier than securing a personal loan, and your credit score won’t be a primary concern during the underwriting process.
Premier Title Loans has offered pre-approval for online title loans in Las Vegas for nearly a decade. Call us at 800-250-6279 to start your application immediately!
Why Apply With Premier In Las Vegas And What’s Required
- Accessibility: Unlike an installment loan, qualifying for a title loan is more straightforward, even with bad credit. The main requirement t is a vehicle with a clean and clear title and income verification.
- Speed: A title loan can be approved and underwritten quickly, often within one business day. This timeframe is faster than that of a personal loan, which sometimes take days to underwrite. Sometimes, you can get a title loan with no store visit!
- Flexibility: This is not a cash advance or a title loan credit card offered by other companies. Instead, you get cash straight to your bank account, and your funding amount is always based on the equity in your vehicle.
One of the best things about a title loan in Las Vegas is how easy it is to get approved if you have equity in your vehicle! 2015 and newer cars have the best chance of qualifying as collateral, and you can typically borrow 30% or more of the vehicle’s value.
Are Title Loans Legal in Las Vegas?
Title loans on cars, motorcycles, semi-trucks, and other types of vehicles are legal in Las Vegas and throughout the rest of Nevada.
Title loans in the state are regulated under Chapter 604A of the Nevada Revised Statutes. This outlines the legal requirements for title loan lenders and borrowers.
The Nevada Financial Institutions Division must also license a Nevada lender and ensure that it follows all applicable laws regarding vehicle repossession and debt collection. The bottom line is that you should only work with a licensed lender in Nevada. While some offshore and tribal lenders may offer secured loans, these companies aren’t subject to the state requirements and you won’t be protected if your vehicle is repossessed.
Title Loan Laws and Regulations in Las Vegas and Nevada
Title loans are short-term loans in which borrowers use their vehicle’s title as collateral. Title loans in Las Vegas are guided by Nevada statewide regulations, which include:
- Loan amount limits: In Nevada, a title loan cannot exceed the vehicle’s fair market value. Some companies in Las Vegas offer up to $20,000 for newer cars and trucks worth $40,000 or more!
- Interest rates and fees: Nevada doesn’t cap the interest rates lenders can charge on title loans, but it requires that all interest rates and fees be disclosed to borrowers before they sign off on the loan. Interest rates for title loans in Nevada can be very high. If you end up defaulting on your loan, regulations in Nevada require that your interest be reduced to the original rate as specificed in your contract for a period of at least 90 days!
- Loan terms: Based on the Nevada NRS 604A the original term for a Nevada title loan is 30 days. State regulations allow you to renew the loan for up to 6 times at a maximum duration of 210 days. Also some licensed lenders offer installment-based title loans that are fully amortorized over that similar 210 day period.
- Consumer protections: Under Nevada law, title loan lenders must provide clear, detailed information on all the loan terms, rates, fees and the consequences of potentially defaulting on a loan.
- Repossessions: If you default on your title loan payments, the lender can repossess the vehicle you used as collateral. Still, Nevada law requires lenders to provide notice of default. Additionaly lenders in Las Vegas must offer you a written repayment plan of at least 90 days before they start repossession proceedings.
Options for Car Title Loans in Las Vegas
Las Vegas is Nevada’s largest city, and there are multiple options for getting a title loan. One way is to apply directly with a neighborhood lender. Many companies in Las Vegas offer storefront locations where you can pre-qualify and have your vehicle inspected during the same visit. Some pawn shops in Las Vegas provide title loans, but these lenders may require that you give up your vehicle as collateral instead of only the pink slip.
At Premier Title Loans, we offer multiple ways to get pre-approved for car title loan in Las Vegas, and it all starts with applying online or over the phone at 800-250-6279. We’ll get you an estimate with only your vehicle’s year, make, and mileage and most applicants will have multiple repayment options and loan amounts to choose from.
Apply with Premier Title Loans In Las Vegas
Premier Title Loans has you covered when you’re ready to apply for a car title loan. You can start online or by phone at 800-250-6279. Borrow emergency cash with your car as collateral and get your funds in as soon as one business day!