Title Loan Data for Temple Terrace, FL
$2,794
Average Loan Amount
$100–$29,993
Loan Range
2012
Average Vehicle Year
4,335
Loans Funded
Based on 4,335 loans in Temple Terrace 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 Temple Terrace, FL
Actual loan amounts vary based on vehicle condition, mileage, and Florida regulations.
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2010 | Mini | Cooper | 110,000 | $657 |
| 2016 | Nissan | Altima | 180,810 | $657 |
| 2016 | Ford | Mustang | 102,471 | $4,871 |
| 2014 | Ford | F150 | 263,000 | $2,100 |
| 2015 | Toyota | Camry | 183,000 | $2,201 |
| 2015 | Ford | F150 | 160,000 | $2,642 |
| 2011 | Cadillac | Escalade | 334,652 | $2,068 |
| 2014 | Honda | CR-V | 180,451 | $3,335 |
| 2017 | Dodge | Grand Caravan | 133,000 | $4,107 |
| 2019 | Hyundai | Tucson | 127,763 | $3,587 |
Average Title Loan by Most Common Vehicles in Temple Terrace, FL
| Vehicle Make | Avg. Vehicle Value | Avg. Loan Amount | Borrowers |
|---|---|---|---|
| Ford | $7,173 | $3,020 | 538 |
| Chevrolet | $6,588 | $2,545 | 528 |
| Toyota | $9,122 | $3,392 | 434 |
| Nissan | $5,393 | $2,199 | 421 |
| Honda | $6,798 | $2,470 | 291 |
Based on 4,335 loans in Temple Terrace 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? Temple Terrace by the Numbers
What Temple Terrace Borrowers Used Their Loan For
| # | Top Use |
|---|---|
| 1 | Critical Home Repairs (Roof, Plumbing) |
| 2 | Electric and Water Utilities |
| 3 | Emergency Medical Bills |
Based on 4,335 borrowers in Temple Terrace from 2024–2025.
Unemployment Rate in Temple Terrace, Florida
3.7% of Temple Terrace 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 Temple Terrace, Florida
The median household income in Temple Terrace is $69,252. About 9.0% 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 Temple Terrace, FL Residents
The main advantages of a title loan in Temple Terrace are speed and accessibility. You do not need good credit, the process is fast, and you can receive funds in as little as one business day. The trade-off is a higher interest rate compared to bank loans. Title loans work best for urgent, short-term financial needs.
Florida allows car title loans under the Florida Title Loan Act (Chapter 537). Lenders must be licensed by the Florida OFR, verify at flofr.gov. Borrowers are protected by tiered rate caps, mandatory cost disclosure before signing, no prepayment penalty, the right to partial payments, and a prohibition on capitalizing unpaid interest on extensions.
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.
To clear a lien from your car title in Florida, the lienholder must file a lien satisfaction with the DHSMV after your loan is paid off. Once filed, your title will show as free and clear. If a previous loan was paid off but the lien was never released, contact that lender directly to request a lien release filing.
No, you do not need good credit to qualify. Title loans are specifically designed for borrowers with poor or limited credit. Approval in Temple Terrace is based on your vehicle’s value and your ability to repay, not your credit score. That is why title loans are a practical option for people banks have turned down. Get a free estimate to find out where you stand.
The basic requirements for a title loan in Temple Terrace are:
Car title in your name (lien-free or with equity)
Government-issued photo ID
Income verification
Florida address documentation
SSN
Credit score is not the main factor for title loan approval. Get a free estimate online.
Yes. You may still qualify with bad credit or a past bankruptcy. Approval is based mainly on your vehicle’s value and your ability to repay.
