Before applying for an auto title loan from Best Title Loans AZ, please read the following important information:

Notice to Consumers: An auto title loan is a type of secured loan where the borrower can use their clear vehicle title as collateral. [1] Borrowers who get an auto title loan must allow us as the 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. [2] The borrower will be required to sign a loan agreement that tells you the amount you have requested to borrow, the annual percentage rate (APR) for that loan, the amount of interest and fees that  may be charged for that loan and the payment terms of the loan. [3] When the loan is repaid, the lien is removed and the car title is returned to the borrower. Auto title loans are intended for short-term financial relief and do not constitute long-term financial solutions. An auto title loan may be one of the more expensive borrowing options available to you. Consumers facing debt and credit difficulties should seek out debt and credit advisory help. Consumers are encouraged to consult the federal, state and local governments to learn more about the risks involved with auto title loans, local laws and regulations governing auto title loans, possible loan alternatives and recent developments in their state. Consumers with credit difficulties should seek credit counseling.

Loan Rates

Loan Amount: APR
$0 – $500 204%
$501 – $2,500 180%
$2,501 – $5,000 156%
$5,001 and up 120%

Financial Implications
Our auto title loans are 30 day interest only loans. The only fees associated with securing an auto title loan is a one-time $25 title lien fee. If you are unable to repay your loan in a timely manner, we may pursue payment through collections which could result in you being responsible for additional legal fees and court costs. If we decide to take action in the form of repossession of the collateral, any such action would be in compliance with all provisions of A.R.S., Title 47, Chapter 9.

Collection Practices
If you are unable to repay your loan, collections efforts will begin immediately. Collections practices are subject to the Fair Debt Collection Practices Act. Debt collection efforts may include the following: telephone calls to your home or place of employment between the hours of 8:00 a.m. and 9:00 p.m., voicemail messages, notices by mail, door to door, email (in accordance with CAN-SPAM act) and text messaging (in accordance with FCC regulations for SMS opt-in). Debt collectors may not harass you, make false statements, threaten arrest, or engage in any other unfair practices.

Credit Score Implications
We do not run your credit with Equifax, Transunion or Experian to determine loan qualification, loan amount or interest rate. Doing so can result in a reduction of your credit score by a small number of points each time that it is run. We do not report your payment history to the credit bureaus therefore your credit score will not be affected either positively or negatively by your payment history. We also take steps to verify the accuracy of the information you have provided including, but not limited to, clear vehicle title, your social security number, driver’s license number, national ID, or any other state or federal identifications. We may review your information against other national databases to determine your credit worthiness or credit capacity.

Renewal Policy
Our auto title loan is a 30 day loan. You can choose to pay off your loan at any point during the term of the loan. Should you choose to pay off your loan early you would be responsible for the principal and the interest that was accrued for the number of days that you held the loan. There are no fees or penalties associated with paying a loan off early. If you require more time to pay off your loan, you can choose to automatically renew your loan for another 30-day period. There are no fees associated with renewing a loan. If a loan is renewed for an additional 30-day period it is treated as an entirely new loan subject to the same rate, terms and conditions as the original loan.

Regulations for the Auto Title Loan Industry

Both state and federal laws regulate the Auto Title Loan industry.

In Arizona, the Department of Financial Institutions is the state agency that licenses and regulates Auto Title Loan companies (known as a secondary motor finance company in state statute).

While not an exhaustive list of state statutes that an Auto Title Loan company follows, the following are the major state statutes that companies must abide by:

While not an exhaustive list of the federal laws and regulations that an Auto Title Loan company follows, click here to see Regulation Z of the Truth in Lending Act, the main federal regulation that Auto Title Loan companies must also abide by.

Disclosure: This is a solicitation for a title loan. This is not a guaranteed offer and is subject to Best Title Loans AZ client approval. Actual loan amount subject to vehicle evaluation at inspection and complete and approved application. Certain limitations apply. All loans subject to customer’s ability to repay. Some title loans subject to liberal credit policies and limitations, if any. This site is affiliated with one or more licensed vendors referenced herein. This site is owned and operated by Best Title Loans AZ, an Arizona licensed sales and finance company. In Arizona: Title loans offered by Best Title Loans AZ will be made or arranged under the Arizona Division of Financial Institutions License Number SF-0925095.