Title Loan Activity in the 23225 Area
4
Loans Funded
$2,975
Average Loan Amount
2016
Average Vehicle Year
Recent Loans Near 6856 Midlothian Turnpike
| Year | Make | Model | Miles | Funded Amount |
|---|---|---|---|---|
| 2017 | Nissan | Rogue | 300,000 | $2,143 |
| 2018 | Toyota | Highlander | 106,000 | $5,872 |
| 2015 | Kia | Forte | 99,152 | $1,359 |
| 2015 | Kia | Forte | 99,152 | $2,525 |
Actual loan amounts vary based on vehicle condition, mileage, and state regulations.
Most Common Vehicles
Kia ($1,942 avg), Nissan ($2,143 avg), Toyota ($5,872 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 Richmond
Yes. The average vehicle year among borrowers in the 23225 area is 2016. A 2017 Nissan Rogue with 300,000 miles recently qualified for $2,143 near Richmond. Your vehicle’s condition and value matter more than its age.
In the 23225 area, title loans have ranged from $1,359 to $5,872, with an average of $2,975 across 4 loans funded. The largest recent loan was $5,872 for a 2018 Toyota Highlander. Your amount depends on your vehicle’s value and ability to repay.
We’re located in Richmond, near Mathnasium and Reveille United Methodist Church, with Weinstein JCC also nearby. Look for us at 6856 Midlothian Turnpike.
Yes, rates are regulated. In Virginia, title loan interest is capped at 36% per year. A monthly maintenance fee may also apply. By law, total fees over the life of the loan cannot exceed 50% of the original loan amount. Your written contract must show the full cost before you sign.
Title loan funds can be used for any personal expense. Common uses include medical bills, utility payments, car repairs, and other urgent costs. Because title loans carry higher costs than many other forms of credit, they are best reserved for genuine financial emergencies.
