Title Loan Data for Fort Lauderdale, FL
$3,515
Average Loan Amount
$1,000–$9,918
Loan Range
2014
Average Vehicle Year
26
Loans Funded
Based on 26 loans in Fort Lauderdale from 2024 to 2025. Actual loan amounts vary based on your vehicle’s condition, mileage, your ability to repay the loan, and Florida regulations.
Actual Title Loans Funded in Fort Lauderdale, FL
Actual loan amounts vary based on vehicle condition, mileage, and Florida regulations.
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2017 | Nissan | Maxima | 130,000 | $3,127 |
| 2019 | Kia | Sorento | 156,217 | $3,335 |
| 2019 | Volkswagen | Passat | 40,000 | $4,609 |
| 1998 | Toyota | Camry | 111,000 | $657 |
| 2019 | BMW | 7-Series | 50,000 | $5,667 |
| 2007 | Chevrolet | Trailblazer | 96,612 | $3,856 |
| 2018 | Audi | A4 | 90,000 | $8,222 |
| 2008 | Toyota | FJ Cruiser | 200,000 | $4,007 |
| 2009 | Honda | Accord | 157,000 | $1,184 |
| 2017 | Ford | Escape | 109,923 | $2,500 |
Average Title Loan by Most Common Vehicles in Fort Lauderdale, FL
| Vehicle Make | Avg. Vehicle Value | Avg. Loan Amount | Borrowers |
|---|---|---|---|
| Toyota | $13,331 | $4,833 | 4 |
| Honda | $5,283 | $3,367 | 3 |
| Nissan | $2,082 | $1,375 | 2 |
| Audi | $24,288 | $7,921 | 2 |
| Ford | $3,800 | $2,212 | 2 |
Based on 26 loans in Fort Lauderdale from 2024 to 2025. Actual loan amounts vary based on your vehicle’s condition, mileage, your ability to repay the loan, and Florida regulations.
Did You Know? Fort Lauderdale by the Numbers
What Fort Lauderdale Borrowers Used Their Loan For
| # | Top Use |
|---|---|
| 1 | Critical Home Repairs (Roof, Plumbing) |
| 2 | Electric and Water Utilities |
| 3 | Emergency Medical Bills |
Based on 26 borrowers in Fort Lauderdale from 2024–2025.
Unemployment Rate in Fort Lauderdale, Florida
5.3% of Fort Lauderdale residents are currently unemployed, compared to the Florida state average of 5.0%.
Source: U.S. Census Bureau & Bureau of Labor Statistics.
Median Household Income in Fort Lauderdale, Florida
The median household income in Fort Lauderdale is $83,130. About 15.0% of residents live below the federal poverty line.
Source: U.S. Census Bureau & Bureau of Labor Statistics.
Title Loan Regulations in Florida
- Interest rate cap: Tiered: 30% per year on first $2,000; 24% per year on $2,001-$3,000; 18% per year above $3,000
- Loan range: $250 to $10,000 (typical market range)
- Repayment term: 30-day term, extendable for additional 30-day periods
- Regulated by: Florida Office of Financial Regulation (OFR)
What a Title Loan Costs in Florida
| Loan Amount | Term | APR | Interest/Fees | Total Due |
|---|---|---|---|---|
| $1,000 | 30 days | 30% | $25 | $1,025 |
| $3,000 | 30 days | 28% | $69 | $3,069 |
| $5,000 | 30 days | 24% | $99 | $5,099 |
Your actual rate and payment depend on your lender and agreement. Always ask your lender for the full APR before signing.
📖 Governing law: Florida Title Loan Act, Chapter 537, Florida Statutes
See all Florida title loan rules and consumer protections on our Florida title loans page.
Title Loan Questions for Fort Lauderdale, FL Residents
A credit check may be run as part of the process, but a limited or poor credit history does not disqualify you. Because the loan is secured by your vehicle, credit history plays a minor role. Approval is based primarily on your vehicle’s value and your ability to repay.
A title loan is secured by your vehicle, while a personal loan is usually unsecured and based on creditworthiness. This means title loans in Fort Lauderdale are accessible to borrowers with poor or limited credit, but typically carry higher interest rates than personal loans from banks or credit unions.
Yes. Title loans in Florida are fully legal and regulated. The Florida Title Loan Act (Chapter 537) covers rate caps, repossession rules, required disclosures, partial payment rights, and the prohibition on prepayment penalties.
Yes. If the loan is unpaid 30 days past the maturity date, the lender can repossess your vehicle. Florida law requires the lender to allow you to remove personal belongings and give 10 days written notice before any sale. You can still reclaim your car by paying the full balance before the sale.
Yes, you can apply for a title loan online from home in Fort Lauderdale. The entire application process can be completed online. Submit your vehicle details, upload your documents, receive a decision, get approval for your loan, and receive your funds directly to your bank account, all without leaving home. Get a free estimate online to start today.
A lien-free title means no lender has a financial claim against your vehicle. It is required for most title loans in Fort Lauderdale because the title loan lender needs to hold a first-position lien. If a prior lien exists, it must be paid off or refinanced first.
Yes. Bad credit does not prevent you from getting a title loan in Fort Lauderdale. Title loans are specifically built for borrowers with poor credit who have been turned away by traditional lenders. Because your vehicle secures the loan, approval is based on what your car is worth and whether you can demonstrate income to repay. A low credit score is not a barrier to applying.
Here is what you need to qualify in Fort Lauderdale:
Vehicle title in your name
Valid government-issued photo ID
Proof of income (pay stubs, benefit letters, bank statements)
Proof of Florida address
Social Security number
Your credit history is not the deciding factor.
