About Title Loans in Los Angeles CA
5 Star Car Title Loans in Los Angeles Branch has been providing the residents of Los Angeles with car title loans since August 2017.
5 Star Car Title Loans office is located at 4977 Hollywood Blvd near the intersection with N Alexandria Ave.
Services Offered
- Car Title Loans
- Motorcycle Title Loans
- Track Title Loans
- RV Title Loans
- Boat Title Loans
Products Details
- Any Credit History Accepted
- Title Loans Ranging From 25% to 120% of Car’s Value
- No Extra Fees or Penalties for Prepayment
- Annual Percentage Rate (APR) From 60% Up to 175%
- Keep Driving Your Vehicle!
Title Loan Requirements
Applying for a loan with 5 Star Car Title Loans is easy. We require the following*:
1. Your personal information and car details
2. A valid title under your name
3. Identification document
4. Proof of ability to repay the loan
Here’s all you need to know about our title loans requirements!
*Disclaimer: More documents may be required.
Getting a Car Title Loan in Los Angeles:
Do you need money in LA?
At 5 Star Car Title Loans in Los Angeles, we are here to serve you! Let us help you get the money you need quickly in these easy steps:
1. Send in Your Pre-Approved Form
Submit a quick online information request or call us at 5 Star Car Title Loans. We’ll review your information and be in contact with you. Your information should include:
A. Cash Amount – 5 Star’s minimum loan amount is $2,600
B. Car Details – The model, mileage, make and year of your private car
C. Your Basic Details – name, email and phone number
2. Send in Your Personal Title Loans Documents
Upon approval, an agent from 5 Star Car Title Loans will call you with a quote. To continue the process, a few more documents will be required**:
A. Car Title – With your name as owner
B. Identification – A government issued photo ID
C. Additional Documents – Proof of residence, proof of income, personal references and pictures of your car
3. Receive Your Money!
Once your application has been approved and we received your documents, you can decide how to get your money:
A. Branch Stores – Walk into a branch store and receive a check for the loan amount from one of our officers.
B. MoneyGram Locations – Go to the most convenient MoneyGram location, such as Walmart.
Find Our Title Loans Branch
Branch Area:
This 5 Star Car Title Loans branch is in a shopping center at the corner of N. Alexandria Ave. and Hollywood Blvd. It is across the street from Hollywood Way Auto Body in a building that is shared with Thrifty Dry Cleaners.
What’s Nearby:
This branch location is one mile from the Barnsdall Art Park. Kaiser Permanente Los Angeles Center is 0.4 miles away and the United States Postal Service on North Vermont Ave. is 2 miles.
Public Transit Information 5 Star Loans Branch
LA Metro – Buses:
Take Metro lines #180, #181, #206 or #217 and get off at the corner of Hollywood Blvd. and Alexandra Ave. On the same corner you will see signs for the 5 Star Car Title Loans Office.
LA Metro – Rail:
If coming by train, take the Metro Red Line. From Hollywood / Western Station, it is only a 10 minute walk to our 5 Star Car Title Loans LA branch.
Repaying Car Title Loans
See below a comparison chart example that shows the range of title loans interest rates and our title loans repayment schedules. APR on a title loan can range between 50% to 150%.
To compare the two illustrations, use 5 Star’s minimum loan amount of $2,600. The example will help you understand the interest rate range on title loans and their repayment amounts.
Examples of 36 Month Loans*:
| Examples | Example A | Example B |
| Title Loan Amount | $2,600.00 | $2,600.00 |
| Interest Rate (monthly) | 10.01% | 9.21% |
| Term Length | 36 Mo. | 36 Mo. |
| Processing Fee | $75.00 | $75.00 |
| DMV Lien Transfer Fee | $15.00 | $15.00 |
| Monthly Payment Amount | $269.00 | $250.00 |
* Our repayment schedules don’t have prepayment penalties or hidden fees.
What if My Credit Is Bad?
Don’t worry about your poor credit status, because there are many options available.
Compare these other options to understand why 5 Star Car Title Loans is a good choice:
These run about $350 for each loan amount. They are short term loans, so they need to be paid back in 1-2 weeks. Their interest rates are high and after a short period the loan and interest needs to be paid in one large payment.
This will probably eat up most of your next paycheck. If the payment isn’t made, the loan amount is rolled over with even more interest. These loans can be very expensive and hard to pay back.
Bad credit loans are longer term loans that are unsecured, so there is no collateral.
This is higher risk for the lender, and interest rates depend on credit scores. Not all low credit applicants are approved.
This type of loan can easily be the best choice for applicants with poor credit.
A car title is the security that lowers risk for lenders. There are longer repayment periods and the interest rates are better, since the loans are secured.
The loans are approved according the ability to repay your loan the value of the car, and fulfillment of credit requirements, rather than credit score only.
With this type of personal loan from 5 Star Car Title Loans, you can keep your car while making your payments.
Requiring Credit Checks for Loan Approval
While we do not always need to run credit checks, don’t be fooled.
Even if you are eligible for a car title loan, a credit check might be required for approval.
We do our best to help borrowers who have bad credit to get the money they need as quickly and easily as possible.
Support the Community
5 Star Car Title Loans in Los Angeles support the community. We show our commitment to helping others with local sponsorship programs such as:
History Museum
18th Street Arts Center
Summer SOULstice
Getting Started by Phone or Online Application
In this day and age it’s so easy to get behind in bills or payments.
But don’t stay down in the dumps. At 5 Star Car Title Loans, we want to help you get out of your financial rut with a car title loan.
Call us today!
FAQ
A: 5 Star’s minimum loan amount is $2,600, depending on your ability to pay, a clear car title, proper ID, your car’s value and our credit specifications.
A: We will try to help you get a car title loan that is high enough to finish your payments with some cash left over. Contact us for more details.
A: We might be able to use a salvaged title to approve you for a car title loan. Call us today to discuss this option.
A: You must be the owner of the car and have a car title in your name that is free of liens.If you don’t have a car title in your name, we may be able to help you get a duplicate of your title.
*Disclaimer: There is a chance you’ll need to show additional documents, according to your situation. When you finalize the loan details, be sure to inquire as to what is required, because it can vary according to your precise loan terms.
