Title Loan Data for Hampton, VA
$2,215
Average Loan Amount
$1,890–$2,754
Loan Range
2011
Average Vehicle Year
3
Loans Funded
Based on 3 loans in Hampton from 2024 to 2025. Actual loan amounts vary based on your vehicle’s condition, mileage, your ability to repay the loan, and Virginia regulations.
Actual Title Loans Funded in Hampton, VA
Actual loan amounts vary based on vehicle condition, mileage, and Virginia regulations.
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2016 | Honda | HR-V | 160,000 | $1,986 |
| 2013 | Toyota | RAV4 | 150,000 | $2,054 |
| 2013 | Acura | ILX | 200,000 | $2,754 |
| 2012 | Honda | Civic | 127,000 | $2,000 |
| 2008 | Nissan | Titan | 194,888 | $1,890 |
| 2016 | Chevrolet | Equinox | 80,000 | $2,500 |
| 2016 | Kia | Soul | 80,661 | $3,000 |
| 2008 | Chevrolet | Silverado 1500 | 68,753 | $2,014 |
| 2008 | Honda | Accord | 115,000 | $2,861 |
| 2010 | Mercedes-Benz | E Class | 89,000 | $4,614 |
Average Title Loan by Most Common Vehicles in Hampton, VA
| Vehicle Make | Avg. Vehicle Value | Avg. Loan Amount | Borrowers |
|---|---|---|---|
| Acura | $4,275 | $2,754 | 1 |
| Honda | $3,650 | $2,000 | 1 |
| Nissan | $4,975 | $1,890 | 1 |
Based on 3 loans in Hampton from 2024 to 2025. Actual loan amounts vary based on your vehicle’s condition, mileage, your ability to repay the loan, and Virginia regulations.
Did You Know? Hampton by the Numbers
What Hampton Borrowers Used Their Loan For
| # | Top Use |
|---|---|
| 1 | Moving Expenses or Security Deposits |
| 2 | Rent or Mortgage Payments |
| 3 | Urgent Vehicle Repairs |
Based on 3 borrowers in Hampton from 2024–2025.
Unemployment Rate in Hampton, Virginia
6.3% of Hampton residents are currently unemployed, compared to the Virginia state average of 4.1%.
Source: U.S. Census Bureau & Bureau of Labor Statistics.
Median Household Income in Hampton, Virginia
The median household income in Hampton is $69,621. About 12.7% of residents live below the federal poverty line.
Source: U.S. Census Bureau & Bureau of Labor Statistics.
Title Loan Regulations in Virginia
- Interest rate cap: 36% per year interest plus optional monthly maintenance fee up to $15/month (combined rate including fees; Virginia statutory interest is limited under the Consumer Finance Act, with additional fee schedules)
- 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
What a Title Loan Costs in Virginia
| Loan Amount | Term | APR | Interest/Fees | Total Due |
|---|---|---|---|---|
| $500 | 12 months | 36% | $103 | $603 |
| $1,500 | 12 months | 36% | $308 | $1,808 |
| $2,500 | 12 months | 36% | $514 | $3,014 |
Lenders may also charge a monthly maintenance fee (up to $15/month), adding up to $180 per year on top of interest. Always ask your lender for the full APR before signing.
📖 Governing law: Virginia Motor Vehicle Title Loan Act (as reformed by Fairness in Lending Act 2020)
See all Virginia title loan rules and consumer protections on our Virginia title loans page.
Title Loan Questions for Hampton, VA Residents
After full repayment, the lender has 10 days to send you the title with the lien satisfied and release the security interest. The original loan agreement will be marked paid and returned to you. If you do not receive your title promptly, contact the lender or visit dmv.virginia.gov.
Review your Virginia certificate of title for any lienholder notation. A lien-free title will show no party listed in the lien section. For confirmation, check directly with the Virginia DMV at dmv.virginia.gov.
Older and high-mileage vehicles can still qualify for a title loan, though the loan amount will reflect the lower market value. Condition matters as much as age. A well-maintained vehicle with 150,000 miles may qualify for more than a newer car with significant mechanical issues.
Yes, your car can be repossessed if you miss a payment. In Virginia, the lender must give you at least 10 days’ written notice and the opportunity to catch up before selling the vehicle. If the sale brings in more than you owe, the difference must be returned to you. Reach out to your lender early if a missed payment is possible.
Keeping your car is a core feature of a title loan. A lien is recorded with the Virginia DMV and the paper title is held as security for the loan, but you keep the vehicle and drive it throughout the repayment period. You do not surrender your car at any point.
Most pre-approvals take about 30 minutes. Funding may be available the same day if completed before 2 PM⁸.
Yes. You keep and drive your car throughout the entire loan term.
For online applications in Hampton, vehicle photos typically substitute for an in-person inspection. You submit images of your car along with your title and other required documents, and they are reviewed to determine your vehicle’s value and loan eligibility.
