FREQUENTLY ASKED QUESTIONS
Frequently Asked Questions About Title Loans
What does Midwest Title Loans do?
How does a title loan work?
- Bring your vehicle with your title (free and clear of liens) and your photo ID to a location near you.
- Fill out a simple information sheet while we do a quick evaluation of your vehicle.
- We will issue a title loan based on the value of the vehicle and your ability to repay.
- The transaction is based on a 60-day renewable contract. You have the option of renewing your account for an additional 60 days by paying at least the interest due, or you can pay your account in full. Any amount paid over the interest is directly applied to your principle loan amount.
You will promptly receive your title back once you have paid your account in full.
Who can use title loans?
How soon can I get the loan?
What are the requirements for a title loan?
What is a vehicle lien?
Is my information kept confidential?
What happens to my vehicle?
Does the car title have to be in my name?
Is good credit required?
How old do I need to be?
How much money can I borrow?
Our loans typically range from $150 to $5,000. At Midwest Title Loans, we’ll work with you to match you with the loan you need based on the value of your vehicle, your cash needs, and your budget.
Can I get a loan if I don't have car insurance?
YES. We do not require car insurance to get a title loan.
Can I get a loan if my car is wrecked?
YES. If you can drive it to us for our evaluation, then chances are you’re eligible for a title loan.
Can I get a loan if I have a title from another state?
YES. If you have a car title from either Missouri or Kansas, and live within 80 miles from one of our convenient locations in Kansas City, Gladstone, St. Joseph, or Overland Park, then Midwest Title Loans can help you.
What happens when I pay off the title loan?
When you take out a title loan from Midwest Title Loans, we hang on to your title and you keep your car. When your loan is paid off in full, you promptly get your title back along with our sincere thanks, and you’re good to go!