Frequently Asked Questions
What is an auto title loan?Wikipedia says:
In the United States, a car title loan, also called an auto title loan, pink slip loan or simply title loan, is a type of secured loan where the borrower can use their vehicle title as collateral. Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount.
How long can I keep my auto title loan?
Our title loans are set up for 30 days but at the end of that 30 days you can either pay off the loan or you have the option to pay the minimum interest and extend your auto title loan for another 30 days. You can extend your car title loan as many times as you need to.
Do I get to keep my car to drive during the loan?
Yes. At CarCash Auto Title Loans we know you need your vehicle to get back and forth to work and other daily activities.
What are the qualifications for an auto title loan?
If you’re 18 or over with an Arizona Driver’s license and earn at least $1000 a month ~ OR ~ have other benefits such as social security of at least $600 a month then all you need is… A clear title in your name for your Arizona vehicle in driving condition, an extra set of keys to your vehicle, a current utility bill in your name, and five references.
Additionally, if your title loan exceeds $5000 you’ll need full insurance coverage for your vehicle.
What type of car insurance do I need?
If you are borrowing less than $5000 you only need to have liability insurance. For larger auto title loan amounts you must have or be willing to add full coverage insurance.
Do I need a checking or savings account?
No. CarCash Auto Title Loans has several other ways to get you the money you need quickly.
How much can I borrow against my car title?
You can borrow between $300 – $50,000. We lend a percentage of the value of the paid-off vehicle.
How can I estimate my car value?
You can get an approximate car value by using the resource Kelley Blue Book
Are there any pre-payment penalties?
No. You can pay your auto title loan off at anytime with absolutely no penalty and no hidden buyout costs.
How fast can I get approved for a car title loan?
CarCash Auto Title loans can get you approved in 30 minutes or less.
How fast do I get the money?
Upon approval you can get cash immediately at our office.
How do I get started?
See our “How It Works Page” to learn more about the process.
Or, if you are ready to get started, you can fill out our secure online application or call us at: (520) 791-2274