At 5 Star Car Title Loans, we believe in making loans accessible to everyone. You don’t need to worry about your credit score because anyone can apply for a title loan even if their score is low.

In fact, title loans are tailored for people with a low credit score. This is because we look at a variety of credit criteria, and not your FICO score on its own. Your credit score only represents the past and we understand that you might have made some bad decisions during tough times. With car title loans, there are more important factors that represent your ability to repay the loan.

We are able to provide a loan to those with a low credit score because the vehicle acts as a collateral on the loan. This is what is referred to as a “secured loan”. With a secured loan, such as a car title loan, your vehicle is the collateral on the loan. This makes it easier for us to provide funding, in contrast to conventional banks that require a high credit score. Your ability to repay the loan and your vehicle’s value are the important factors we use when determining if you qualify for a title loan.

For more information on your options if you have a bad credit score give us a call or click here.