Car Title Loan
Up to $10,000
- No credit check. Your car is the collateral.
- Keep driving your car
- Fixed monthly payments, terms up to 16 months
- Car must be paid off and titled in your name
Palm Beach · Broward · Miami-Dade
Your car is worth cash. Keep driving it.
Use the title to your paid-off car, truck or SUV to borrow what you need. You keep the keys, pay a fixed monthly amount, and can pay it off early with no penalty. We lend a sensible share of your car's value, so your payment stays manageable.
Up to $10,000based on your vehicle's value and your ability to repay
- Keep driving your car
- Fixed monthly payments
- No credit check
- No prepayment penalty
Already have a title loan somewhere else? We'll pay off your current lender and put you on a fixed monthly payment. See how switching works
Need $1,500 or less without using your car? See micro loans
See How Much My Car Can Getor call (XXX) XXX-XXXX
Get your free quote
Step 1 of 2: choose your loan.
No credit check for car title loans. Requesting a quote does not guarantee approval.
Quote request received
Up to $10,000Car title loans, no credit check
Up to $1,500Micro loans, no car needed
Up to 16 monthsFixed monthly payments
$0 prepayment feePay off any time
Switch & Save
Already have a title loan? Bring it to MoneyMax.
Stuck paying a title loan every 30 days and the balance never moves? We pay off your current lender and put you on a fixed monthly payment that pays the loan down.
STEP 1
Tell us who you owe
Send us your latest statement or your lender's name. We can call them for your payoff amount.
STEP 2
We pay them off
We send the payoff straight to your current lender and handle the title paperwork. You never miss a day of driving.
STEP 3
One fixed payment
Pay MoneyMax a set monthly amount over up to 16 months. If your car has room, take extra cash at the same time.
| Typical 30-day title loan | MoneyMax | |
|---|---|---|
| When it's due | Full balance every 30 days, or pay to extend | Fixed monthly payment, up to 16 months |
| What your payment does | Extensions can cover interest without lowering what you owe | Every on-time payment lowers your balance |
| Payoff date | Can keep rolling month to month | Set date in writing before you sign |
| Credit check | Varies by lender | None on title loans |
| Application fee | Some lenders charge one | None on title loans |
| If your car is totaled | You may still owe the balance | Optional Vehicle Debt Cancellation |
Why MoneyMax
How we lend
We're a local, licensed lender in Pompano Beach. These are the rules we run on.
We lend what your car can carry
We lend a conservative share of your car's wholesale value. That keeps your payment realistic and makes it far less likely you'll ever lose your car.
Every cost in writing
You see your APR, finance charge, payment and total of payments on your Truth in Lending disclosure before you sign. No application fee on title loans, and no prepayment penalty on any loan.
Repossession is the last resort
If money gets tight, call us. We'd rather work out a payment plan than take your car.
Local and licensed
Licensed by the Florida Office of Financial Regulation under the Consumer Finance Act. Serving Palm Beach, Broward and Miami-Dade from Pompano Beach.
Our loans
Two ways to borrow
Use your car to borrow more with no credit check, or borrow a smaller amount without putting your car up.
Micro Loan
$500–$1,500
- First loans from $500 to $1,000
- Qualify for up to $1,500 after 6 on-time payments
- Fixed monthly payments sized to your income
- Credit check required. Your car title isn't used.
The MoneyMax loan ladder
Start small. Pay on time. Move up.
Pay your micro loan on time and you can qualify for more.
STEP 1
First loan: $500–$1,000
We set your amount and payment based on your income, so the payment fits your budget.
STEP 2
Step up to $1,500
After 6 on-time payments you can qualify for a larger micro loan.
STEP 3
Grow into more
Own your car outright? Qualify for a car title loan of up to $10,000 with no credit check.
How it works
Cash from your car in three steps
For car title loans, most customers finish in one visit or one call. There's no credit check. We look at your vehicle's value and your income.
STEP 1
Get a quote
Tell us your car's year, make, model and mileage. A loan specialist calls you with an estimate.
STEP 2
Quick inspection
Bring your car, title and ID to a location, or send photos. We confirm the value and review your income.
STEP 3
Sign and get paid
Review your loan disclosures, sign, and get your money by check, direct deposit or debit card. You drive home in your own car.
What to bring
What you need for a car title loan
Have these ready and your loan moves faster. For a micro loan, bring your ID, proof of income, proof of address and your bank account details.
Florida title, lien-freeThe car must be paid off and titled in your name.
Government photo IDValid driver's license, state ID or passport.
Proof of incomePay stubs, bank statements, benefits or self-employment records.
Proof of addressA recent utility bill, lease or bank statement.
The vehicleFor a short inspection in person or by photos.
Proof of insuranceCurrent Florida auto insurance on the vehicle.
Optional protection
If your car is totaled, your loan doesn't have to follow you
Vehicle Debt Cancellation (VDC) cancels your remaining loan balance if your car is declared a total loss or is stolen and not recovered. Prepaying months of full-coverage insurance up front isn't realistic for most people, so VDC gives you another way to protect yourself.
- It's your choice. Take VDC, show us your own full-coverage insurance, or decline both.
- Same loan either way. Your approval, amount and interest rate don't change based on your choice.
- In writing. The VDC price and terms are on their own form, separate from your loan, and you sign to choose it.
Rates & examples
See the full cost before you sign
Every loan comes with a written Truth in Lending disclosure showing your APR, finance charge, payment amount and total of payments.
| Loan amount | Term | Monthly payment | Number of payments | Total of payments | Finance charge | APR |
|---|---|---|---|---|---|---|
| $2,500 | 12 months | $248.66 | 12 | $2,983.92 | $483.92 | 34.00% |
| $5,000 | 16 months | $393.00 | 16 | $6,288.00 | $1,288.00 | 34.00% |
| $10,000 | 16 months | $786.00 | 16 | $12,576.00 | $2,576.00 | 34.00% |
Representative examples only. Examples assume an interest rate of 34% per year, equal monthly payments, and all payments made on time. Lien recording fees and Florida documentary stamp tax required by law may be added to your loan. Your actual rate, APR, amount and term depend on your vehicle's value, your income and other factors. Maximum term is 16 months. Interest rates comply with Florida Statute §516.031, which caps interest at 36% per year on the first $10,000.
Truth in Lending disclosure
Before you sign, we give you a written federal Truth in Lending disclosure for your loan. It shows:
- Annual Percentage Rate
- The cost of your credit as a yearly rate
- Finance Charge
- The dollar amount the credit will cost you
- Amount Financed
- The amount of credit provided to you or on your behalf
- Total of Payments
- What you will have paid after making all payments as scheduled
It also lists your payment schedule, late charges, the security interest in your vehicle for car title loans, and your right to prepay with no penalty. Read it before you sign, and ask us about anything you don't understand.
Know the difference
An installment loan, not a 30-day title loan
In Florida, car-secured loans can be made under two different laws. Here's how ours compares.
MONEYMAX · FLORIDA CONSUMER FINANCE ACT (CH. 516)
Auto equity installment loan
- Fixed monthly payments that pay down principal and interest
- Terms up to 16 months with a set payoff date
- Amounts up to $10,000
- Pay off early at any time with no prepayment penalty
FLORIDA TITLE LOAN ACT (CH. 537)
Traditional 30-day title loan
- Due in full in 30 days
- Extended in 30-day periods by separate agreement
- Borrowers who can't pay in full may extend repeatedly
- A different license and rate structure
Your rights
Protections you get under Florida law
We're licensed and examined by the Florida Office of Financial Regulation. These rules apply to every loan we make.
Interest rates are capped
Interest can't exceed 36% per year on loans of $10,000 or less. Every MoneyMax loan is $10,000 or less.
Fla. Stat. §516.031(1)No prepayment penalty
Pay part or all of your loan early, whenever you want. You save the interest you would have paid.
Fla. Stat. §516.031(6)Late fees are limited
A late charge applies only after a payment is at least 12 days past due, and is capped at $15 for a monthly payment.
Fla. Stat. §516.031(3)A written statement and receipts
You get a written statement of your loan's amount, date and rate when it's made, and a receipt for every payment.
Fla. Stat. §516.15No upfront fees before approval
We never ask for a payment, deposit or fee before your loan is approved and your contract is signed. If someone does, it isn't us.
Help is available
Questions or complaints about a licensed lender can be sent to the Florida Office of Financial Regulation at flofr.gov or 850-487-9687.
FAQ
Common questions
Do I get to keep my car?
Yes. You keep driving it the whole time. We record a lien on your title as security for the loan, and we release it when the loan is paid in full.
How much can I borrow?
Car title loans go up to $10,000, based mostly on your vehicle's wholesale value plus your income and ability to make the monthly payment. First-time micro loans range from $500 to $1,000, and customers with 6 on-time payments can qualify for up to $1,500.
Do you check my credit?
Not for car title loans. Your car is the collateral, so approval is based on your vehicle's value, proof that it's yours free and clear, and your income. Micro loans don't use your car, so they do require a credit check.
What is a micro loan?
A small installment loan that doesn't use your car as collateral. First loans range from $500 to $1,000. We check your credit and income, size your payment to fit your budget, and you repay in fixed monthly payments with no prepayment penalty.
Can you pay off my title loan with another company?
Yes. Choose "Switch my loan" on the quote form. We get your payoff amount, pay your current lender directly, and handle the title paperwork. You then make one fixed monthly payment to MoneyMax, and you can take extra cash if your car's value allows.
What is Vehicle Debt Cancellation?
An optional agreement that cancels your remaining loan balance if your car is totaled or stolen and not recovered. You can choose it, provide your own full-coverage insurance instead, or decline both. Your loan terms are the same whichever you pick.
Does my car have to be paid off?
For a new title loan, the title should be in your name and free of other liens. If you owe another title lender, choose "Switch my loan" and we'll pay them off as part of your MoneyMax loan.
What happens if I miss a payment?
Call us right away. We'd rather set up a payment plan than take any other action. A late fee may apply after 12 days. If a car title loan stays in default, your vehicle can be repossessed, so only borrow what you can repay.
Can I pay off my loan early?
Yes. There's never a prepayment penalty, and paying early lowers the total interest you pay.
What fees are there?
Car title loans include the state's lien recording fee and Florida documentary stamp tax, with no application fee. Micro loan fees are listed in your loan disclosure. Every fee appears in writing before you sign.
What vehicles qualify?
Cars, trucks, SUVs and vans registered and titled in Florida. Motorcycles, RVs and commercial vehicles are reviewed case by case.
Paying a title loan somewhere else?
Switch to MoneyMax for one fixed monthly payment and a set payoff date. Free quote in about 2 minutes.