Know Before You Borrow in Indiana
- Interest rate cap: 22% per month (264% APR maximum)
- Loan range: No statutory minimum or maximum (depends on vehicle value and ability to repay)
- Repayment term: 30-day term; renewable up to 10 times with 10% principal paydown per renewal; full payoff required after 10 renewals
- Regulated by: Indiana Department of Financial Institutions (DFI)
For complete Indiana title loan regulations and consumer protections, visit our full Indiana guide.
Quick Answers About Title Loans in Evansville
We’re located in Evansville, near Music First and Southern Indiana Career and Technical Center, with University of Evansville also nearby. Look for us at 2122 N 7th Ave.
To apply for a title loan in Evansville, have these documents ready:
Your car title in your name
A government-issued photo ID
Proof of income
Proof of Indiana residency
Your Social Security number
Your credit score is not the deciding factor for title loan approval.
No, there is no prepayment penalty. Under IC 24-4.5-3-210, Indiana law provides for a finance charge rebate on prepayment of supervised loans. You can pay your balance in full at any time, and doing so reduces your overall cost of borrowing.
