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Car Title Loans in Rio Rancho

Car title Loan FAQ

How long do I have to pay off the loan?

These are high interest rate loans and because of this, you may want to pay it off faster but we do allow you between 2 and 3 years to pay it off.

What is the interest rate?

7.5% on loans $5,000 or more and 8% for under. This is a monthly rate and compounded daily.

Can I pay it off sooner? Is there a penalty to do so?

Yes you can pay it off at anytime and no there is no prepayment penalty.

What is the smallest amount I can get?

Our loans start at $750 and go up to $50K. Loans are based on the value of the vehicle.

Does my car need to be paid off?

No. We can pay off the balance for you.

I have a car title loan with someone else. Can I still get a loan with you?

Yes. We will pay off the other car title loan company. A great amount of people do this because our rates are more favorable.

   

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