Title Loans

By Laura Thomas


A loan provided to a borrower by using his/her free and clear car title as correlator. The potential borrower will be required to have the car's value assessed by the lender.


  • No lengthy approval process
  • Loans are relatively easy to qualify for, even if you have bad credit.
  • Loan officers often don't look at credit scores before giving you the loan.


  • Carry high interest rates
  • Short-term loans
  • If you are late on a payment, the payment increases in price

People use the credit because:

People use this credit because you can have not the best credit and still get the loan. They are fast and easy to get as well. They also like them because the loan officers are immediate about it.

Norfolk, Nebraska

In Norfolk, Ne, the places you can go to get a title loan is Wells Fargo Bank, Advanced America, Merchant Cash Advance and Business Loans, Elkhorn Valley Bank and Trust, Frontier Bank and multiple more.


If I had bad credit, I would chose this loan because they would more than likely give it to me. I would make my payments on time so that the payments don't raise. If I had good credit, I would have to open options to what the best decision for me would be.