Get a car title loan with bad credit in California

The answer is YES!  You can get a vehicle collateral loan in California even if you have bad credit!  Why?  Because the lender will use your vehicle as collateral for your loan.  First, if you have additional questions on an auto title loan visit the frequently asked questions guide on California title loans to have your questions answered.

This article will also explain how you can get an auto title loan in California even if you have bad credit.

First, let’s refresh how an auto title loan works.  The loan is made by a lender who uses your car or track for collateral.  You borrow against the equity in your vehicle. This is monitored by the department of business overview.  The lender you choose will determine just how much you can borrow as they all offer different amounts.

Vehicle Title Loans in California With Bad Credit

The amount you can borrow is dependent upon several factors, and lenders will generally only loan you anywhere from 60-80% of the resale value of the vehicle.  The lender has a financial interest in your vehicle.  Click here for more information.

Other factors that will go into the amount of money you can get for your loan include:

  • Make and model of the car
  • The year of the car
  • The mileage of the car
  • If it has a clean title or a salvage title
  • The condition of the car
  • Your credit score – although this is not as important as some credit inquiries
  • Your monthly income – this needs to be at least $1,200 a month – although this does not have to come from a job
  • Professional references
  • Personal references
  • And a few other factors

Pink slip loans with poor credit in California – learn more today!

Generally, an auto will not qualify for a loan in California if the vehicle has more than 200,000 miles on it–unless it is a diesel pickup truck.  However, the first thing you need to do is call our TOLL FREE number at (888) 663-7074

You can also fill out the application form on the website and someone will reach out to you as soon as possible.  If nobody answers on the toll free number just leave a message.

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