Carmona Car Title Loans

Title Loans in Reno, Nevada


about us

With Carmona Car Title Loans,
we are right here in Reno for your convenience.

A common source of frustration among consumers who are searching for title loans Reno is when they get listings for title loan companies that aren’t anywhere near the city. That’s not a problem when you go with Carmona Car Title Loans, because we have a location right here in Reno for your convenience.

When you get here, a Carmona Car Title Loans representative can help you get started on the required loan paperwork. If you received a preapproval on your title loan through our online application form, don’t forget to mention that to the representative. After you complete the paperwork, we’ll perform that vehicle inspection, using a vehicle value guide to figure out your car’s current market value. We use that to confirm how much we can lend you. The last stage in the title loan process is getting your car title so we can issue the loan.

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It’s never easy when you have something urgent to pay without the money or the credit to cover it. Ignoring bills only makes your situation worse, as you can end up with late fees and black marks on your credit report. There is a way for you to get the money you need today, though. Plenty of consumers in the same position have used title loans Reno for a financial boost. You can use your title loan for whatever you want, whether that’s past-due bills, home repairs, business expansion or another expense entirely.

At Carmona Car Title Loans, we realize that one reason people love title loans so much is the convenient application process. We decided to make that process even easier by setting up our online application for title loans Reno. It’s available here on our site and doesn’t take more than 30 seconds to complete. Just head over to the application form and put in the following information about you and your car:

  • Year
  • Make
  • Model
  • Approximate Mileage
  • Your full name
  • Your phone number
  • Your email address
  • Your ZIPcode

After you click submit, we can use your vehicle’s information to calculate a free car title loan estimate and preapprove you for your loan. One of our Carmona Car Title Loans representatives will also call you at their earliest convenience to talk to you more about the title loan process and answer any questions you have. The representative can also set up a time for you to come in and get your loan.

Wondering what you’ll need to bring with you to obtain your loan?

We’ll need to see your government-issued ID, as federal law requires us to verify that you’re at least 18 years of age. There’s a brief vehicle inspection, so we’ll need to take a look at your car. Other than that, we just need your car title, which we keep until you’ve paid the loan off.

What you’ll need to bring with you to obtain your loan?

We’ll need to see your government-issued ID, as federal law requires us to verify that you’re at least 18 years of age. There’s a brief vehicle inspection, so we’ll need to take a look at your car. Other than that, we just need your car title, which we keep until you’ve paid the loan off.

How It Works?

Your Car As Collateral

With a title loan, you’re putting up your car as collateral. Since the loan has a form of collateral attached, it’s known as a secured loan. That doesn’t mean the lender has your car, though. You keep that the entire time, and the lender only has your car title while you repay the loan.

The federal government doesn’t have many laws on the books regarding title loans, with the major exception being that age minimum of 18 to borrow a title loan. For the most part, states are free to set their own title loan regulations, which means the laws can vary depending on what state you’re in. Nevada’s regulations cover title loans Reno.

How It Works?

Regulations

How It Works?

No Limits On Interest Rates

Nevada allows title loan amounts up to the car’s current market value. This doesn’t have much of an effect for borrowers, because lenders wouldn’t issue loans for more than the collateral is worth, anyway, otherwise they’d be exposed to too much risk. The state doesn’t put any limits on title loan interest rates, instead allowing lenders and borrowers to negotiate that on their own.

The limit on title loan terms in Nevada is 30 days, so most lenders set title loans for that time frame. If you find that you can’t pay back your title loan by the end of the term, your other option is renewing the loan, which is also called rolling over the loan. You do this by paying off at least your loan’s interest and taking the loan principal into a new repayment period. The new repayment period does have another interest charge, but you at least buy yourself more time to pay your loan off. Nevada allows you to renew a title loan up to six times before requiring that you pay it off.

How It Works?

30 Days Loan Terms

How It Works?

Default Options

With a title loan, you’re putting up your car as collateral. Since the loan has a form of collateral attached, it’s known as a secured loan. That doesn’t mean the lender has your car, though. You keep that the entire time, and the lender only has your car title while you repay the loan.

How It Works?

Your Car As Collateral

With a title loan, you’re putting up your car as collateral. Since the loan has a form of collateral attached, it’s known as a secured loan. That doesn’t mean the lender has your car, though. You keep that the entire time, and the lender only has your car title while you repay the loan.

How It Works?

Regulations

The federal government doesn’t have many laws on the books regarding title loans, with the major exception being that age minimum of 18 to borrow a title loan. For the most part, states are free to set their own title loan regulations, which means the laws can vary depending on what state you’re in. Nevada’s regulations cover title loans Reno.

How It Works?

No Limits On Interest Rates

Nevada allows title loan amounts up to the car’s current market value. This doesn’t have much of an effect for borrowers, because lenders wouldn’t issue loans for more than the collateral is worth, anyway, otherwise they’d be exposed to too much risk. The state doesn’t put any limits on title loan interest rates, instead allowing lenders and borrowers to negotiate that on their own.

How It Works?

30 Days Loan Terms

The limit on title loan terms in Nevada is 30 days, so most lenders set title loans for that time frame. If you find that you can’t pay back your title loan by the end of the term, your other option is renewing the loan, which is also called rolling over the loan. You do this by paying off at least your loan’s interest and taking the loan principal into a new repayment period. The new repayment period does have another interest charge, but you at least buy yourself more time to pay your loan off. Nevada allows you to renew a title loan up to six times before requiring that you pay it off.

How It Works?

Default Options

With a title loan, you’re putting up your car as collateral. Since the loan has a form of collateral attached, it’s known as a secured loan. That doesn’t mean the lender has your car, though. You keep that the entire time, and the lender only has your car title while you repay the loan.

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