FAQs

What is a title loan?

A title loan is a quick and convenient way for people who own their car to get cash. Getting a title loan is easy, as long as you own your car and have a lien-free title, you can use it as collateral to get the cash you need from Mo Money Title Loans.

Why is Mo Money Title Loans the best option for getting a title loan?

Mo Money Title Loans always offers its customers the most cash possible with interest rates that are typically 50% less than the competition. Additionally, while Mo Money Title Loans is new to the title loan business, our parent company Mo Money Pawn Shop has helped hundreds of thousands of people in need get cash when they need it. With Mo Money Title Loans, you never have to worry about a credit check and you get your cash in about 30 minutes or less. Getting a title loan is easy with Mo Money Title Loans!

What is a lien-free car title?

A lien-free car title means that you own your car outright, with no outstanding loans or judgments against it. You need to have a lien-free car title to get a title loan from Mo Money Title Loans.

How does the title lending process work?

Mo Money Title Loans makes the title lending process simple, and it only takes a few minutes to get the cash you need. Here's what you need...

  • BRING YOUR VEHICLE AND LIEN-FREE VEHICLE TITLE TO MO MONEY TITLE LOANS
  • FILL OUT AN APPLICATION WHILE MO MONEY TITLE LOANS DOES A QUICK ASSESSMENT ON THE INFORMATION YOU PROVIDED
  • MO MONEY TITLE LOANS WILL DETERMINE A TRANSACTION AMOUNT BASED UPON YOUR NEEDS AND THE APPRAISED VALUE OF YOUR VEHICLE
  • UPON APPROVAL, YOU WILL RECEIVE THE CASH YOU NEED AND RETAIN THE USE OF YOUR CAR. WE WILL KEEP YOUR VEHICLES TITLE
  • ONCE YOU PAY OFF YOUR ACCOUNT BALANCE, YOU GET YOUR TITLE BACK

What if I have bad credit? Am I still eligible for a title loan?

Absolutely! Your credit score doesn't matter. Mo Money Title Loans can give you a title loan whether you have good credit, bad credit, or no credit. And your credit score isn't affected by applying/obtaining a title loan with Mo Money Title Loans.

What is required to be approved for a title loan?

To be approved for a title loan with Mo Money Title Loans, you must be at least 18 years old and have the following:

  • THE VEHICLE
  • LIEN-FREE TITLE TO THE VEHICLE
  • SPARE SET OF KEYS TO THE VEHICLE
  • ARIZONA VALID GOVERNMENT DRIVER'S LICENSE
  • PROOF OF PHYSICAL ADDRESS, SUCH AS A RECENT UTILITY BILL OR CURRENT LEASE AGREEMENT
  • FOUR REFERENCES (PLEASE PROVIDE NAMES, PHONE NUMBERS AND COMPLETE PHYSICAL ADDRESSES. REFERENCES CANNOT LIVE WITH YOU OR EACH OTHER)

Does the car title have to be in my name?

Yes, the car title must have you listed as the legal owner to be eligible for a title loan with Mo Money Title Loans. If you are listed on the title along with another person, call us and we will determine whether or not the other person listed on the title has to apply along with you.

WHAT IF I AM ON DISABILITY OR RETIRED? CAN I STILL BE APPROVED FOR A TITLE LOAN?

As long as you have a source of income (disability, pension, etc.) you are eligible for a title loan with Mo Money Title Loans.

Do I need to have a job to be approved for a title loan?

No, Mo Money Title Loans does not require you to be currently employed to get a title loan. But you do need to have some type of income (unemployment, disability, retirement income, etc.)

How do I know if I will be approved for a title loan?

The best way to know if you will be approved for a title loan is to stop into Mo Money Title Loans with the required items. Mo Money Title Loans will do a quick assessment while you fill out an application, and in about 30 minutes or less you'll know exactly how much cash you've been approved for.

Can I only apply for a title loan at Mo Money Title Loans locations?

You can apply for a title loan at our convenient location or online here.

How much cash can I get with Mo Money Title Loans?

You can get up to $10,000! The loan amount is based upon your need and the value of your vehicle appraisal.

How long does it take to get approved for a title loan?

With Mo Money Title Loans, you can get the cash you need in as little as 30 minutes or less. Make sure you bring the required items when you apply for your title loan and you'll have the cash you need before you know it.

How do I get my title back?

Once you have completely paid off your title loan we will send you your title via mail lien-free.

Why acquire funds from a title lender?

Getting a title loan is a lot easier than borrowing money from other sources. A title loan enables you to acquire the cash you need based on the value of your car. And, the best part is you get to keep driving your car during the course of the loan.

Aren’t title loan interest rates considered high?

Not with Mo Money Title Loans. While some title lenders do charge high interest rates, Mo Money Title Loans charges up to 50% less than our competition.

How do I know my personal information is safe with Mo Money Title Loans?

While Mo Money Title Loans is new to the title loan business, our parent corporation Mo Money Pawn has been a trusted lender for over 25 years in Phoenix and goes to extreme measures to keep our customers personal information safe. Your information is as safe as it can be with Mo Money Title Loans.

How do I make a payment on my title loan?

Mo Money Title Loans offers various payment options for customers: Debit, over the phone payments, automatic withdrawals, and cash. You choose the option that makes the most sense for your situation.

Is there a pre-payment penalty?

Mo Money Title Loans does not charge a pre-payment penalty. In fact, we encourage customers to pay off their title loans sooner if possible.