Title Loan Activity in the 23607 Area
7
Loans Funded
$2,955
Average Loan Amount
2012
Average Vehicle Year
Recent Loans Near 7311 Warwick Blvd
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2019 | Chrysler | 300 | 110,725 | $5,000 |
| 2007 | Toyota | Tundra | 276,758 | $2,000 |
| 2014 | Ford | Explorer | 107,991 | $1,890 |
| 2018 | Chevrolet | Equinox | 230,000 | $3,914 |
| 2013 | Honda | Accord | 160,000 | $2,524 |
Actual loan amounts vary based on vehicle condition, mileage, and state regulations.
Most Common Vehicles
Toyota ($2,452 avg), Chevrolet ($3,914 avg), Chrysler ($5,000 avg)
Know Before You Borrow in Virginia
- Interest rate cap: 36% per year interest plus optional monthly maintenance fee up to $15/month
- Loan range: Up to $2,500 (no minimum)
- Repayment term: 6 to 24 months
- Regulated by: Virginia State Corporation Commission (SCC) – Bureau of Financial Institutions
For complete Virginia title loan regulations and consumer protections, visit our full Virginia guide.
Quick Answers About Title Loans in Newport News
Toyota is the most common vehicle among title loan borrowers in the 23607 area, with 3 loans funded. The average loan amount for a Toyota here is $2,452, with an average of 275,839 miles on the odometer.
Yes. The average vehicle year among borrowers in the 23607 area is 2012. A 2006 Toyota 4Runner with 274,000 miles recently qualified for $2,886 near Newport News. Your vehicle’s condition and value matter more than its age.
We’re located in Newport News, near Hampton Adult Education and Anderson Park, with Bluebird Gap Farm also nearby. Look for us at 7311 Warwick Blvd.
Age and mileage do reduce a vehicle’s assessed market value, but older or high-mileage cars may still qualify. Current condition and your ability to repay are evaluated. A well-maintained car in good shape despite its age or mileage can still support a qualifying loan amount.
Yes, a lien-free title is required by Virginia law. A title loan cannot be made on a vehicle with an active lien already on the Virginia DMV certificate. When you take out the loan, the lender records a lien and holds your paper title. After full repayment, the lender releases the lien and returns your certificate of title.
