Title Loan Data for Largo, FL
$2,880
Average Loan Amount
$500–$24,177
Loan Range
2012
Average Vehicle Year
36
Loans Funded
Based on 36 loans in Largo 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 Largo, FL
Actual loan amounts vary based on vehicle condition, mileage, and Florida regulations.
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2007 | GMC | Acadia | 96,000 | $1,735 |
| 2020 | Ford | Fusion | 90,000 | $3,000 |
| 2000 | Chevrolet | Corvette | 94,000 | $7,118 |
| 2011 | Ford | Escape | 75,000 | $3,450 |
| 2011 | Ford | Escape | 75,000 | $3,450 |
| 2011 | Chevrolet | Camaro | 1,009 | $2,811 |
| 2009 | Pontiac | G8 | 126,200 | $5,111 |
| 2017 | Chevrolet | Malibu | 25,200 | $3,505 |
| 2013 | Nissan | Altima | 315,313 | $979 |
| 2016 | Nissan | Altima | 140,000 | $1,600 |
Average Title Loan by Most Common Vehicles in Largo, FL
| Vehicle Make | Avg. Vehicle Value | Avg. Loan Amount | Borrowers |
|---|---|---|---|
| Chevrolet | $9,125 | $2,653 | 7 |
| Ford | $18,305 | $3,374 | 5 |
| Honda | $2,922 | $2,154 | 4 |
| Hyundai | $2,008 | $1,647 | 3 |
| Toyota | $6,683 | $2,412 | 3 |
Based on 36 loans in Largo 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? Largo by the Numbers
What Largo Borrowers Used Their Loan For
| # | Top Use |
|---|---|
| 1 | Critical Home Repairs (Roof, Plumbing) |
| 2 | Electric and Water Utilities |
| 3 | Emergency Medical Bills |
Based on 36 borrowers in Largo from 2024–2025.
Unemployment Rate in Largo, Florida
4.8% of Largo 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 Largo, Florida
The median household income in Largo is $62,096. About 13.1% 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 Largo, FL Residents
Yes. Title loans often come with high costs. Florida caps rates using a tiered system (30%, 24%, and 18% depending on the loan amount), but costs can still add up quickly. You should treat this as a short-term loan and plan to repay it on time.
Example:
If you borrow $3,000 in Largo, you pay about $70 per 30-day period. If you extend the loan every month for a year, that adds up to about $840 in total charges.
Yes. At 5 Star Car Title Loans™, you can complete your pre-approval online for free with no obligation. In most cases, the process, including the application, remote car inspection, and signing the agreement, can be completed from home.
Your credit score is not the deciding factor for a title loan in Largo. Approval is secured by your vehicle. Whether your credit is low, limited, or non-existent, you may still qualify if your vehicle has sufficient value and you have income to repay.
People in Largo choose title loans when they need fast access to cash and cannot qualify for or wait on traditional bank financing. The process is fast, credit score is not the primary factor, and approval is based on vehicle value. Be aware that rates are higher, title loans are a short-term solution, not a long-term financial strategy.
Title loans remain legal in Florida. The Florida Title Loan Act (Chapter 537) establishes the rules: lenders must be licensed by the OFR, interest rates are capped on a tiered basis, there is no prepayment penalty, all costs must be disclosed before signing, and lenders must accept partial payments. Verify any lender at flofr.gov before borrowing.
If you stop paying, the lender may repossess your vehicle once the loan is unpaid 30 days past its maturity date. You must be given a chance to remove personal belongings. The lender must give 10 days written notice before selling the vehicle. You can redeem it before the sale by paying the full balance plus costs. Any surplus from the sale is returned to you.
To apply online, complete the free estimate form on the website. You will need your vehicle details, proof of income, and your Florida address. The process is mobile-friendly and can be completed in minutes from your phone.
A clear, lien-free title is the standard requirement in Largo. This means the car is fully paid off and no other lender has a claim on it. In some cases, a vehicle with a small remaining balance may still qualify if there is enough equity.
