Title loans are financial tools that allow consumers to use their cars value to their advantage – allowing them to get a loan for thousands of dollars. Title loans are secured loans where the car title is used as collateral, allowing the consumer to leverage the equity in their car. Because this is a secured loan, it’s easy to do and our process is fast!
How fast can I get a car title loan?
Our lenders can finalize and fund your loan in as little as 1 hour today! If you applied near the end of our business hours then our lenders can finish your loan the very next day. We are open 7 days a week, so we can even connect you to our network of lenders to provide you with a car title loan on the weekends.
How much money can I borrow?
Our network of lenders are able to lend our customers between $1,000 and $4,000! These are the IL State minimum and maximum amounts.
When do I have to repay my loan?
Your loan will be for a term between 12 and 36 months. You can repay your loan sooner without penalty or extend the duration of your payments.
Can I make early payments?
Absolutely, in fact – we encourage it. Making early payments ensures that your loan is paid off on-time or sooner, saving you money in the process.
I have bad credit – does that matter?
Your credit score and credit history don’t matter – we can help you get the short-term loan you need right away even if you have filed for bankruptcy in the past.
Do I need to have a job?
You don’t need to have a job but you do need to have some form of regular income to that we know you are able to repay your title loan.
What if I am on disability, am retired or collecting social security?
Not a problem, we can help you get cash today if you are retired or collecting benefits such as disability or social security!
What if there is another name on the car title with mine?
If there’s another name on your vehicle’s title then that person will need to come with you to sign for your auto title loan.
Does my vehicle need to be entirely paid off?
Your car doesn’t need to be entirely paid off. If you still owe some money on your car then your title loan will pay off your vehicle entirely and you will receive the remainder of your loan.
Have a question not answered here?
Feel free to ask any title loan questions you have, we will respond to your question ASAP.
If your question is of value to others, we might include it on our site!
Apply right now by filling out our free online title loan application!
What is a Car Title Loan?
Getting the money you need as quickly as possible sounds great, but what is an auto title loan? Simply put, it is a personal loan that is based on the value of your vehicle, and your ability to repay a loan, and is secured by your vehicle as collateral. You get to keep driving your car while paying off the loan; TMG Loan Processing will be listed on the vehicle’s title as the lienholder. This isn’t an auto pawn loan, which requires the customer to leave their vehicle with the pawn shop until their loan is paid-off. At TMG Loan Processing, we understand that financial obligations cause enough stress without having to worry about not having a car.
Why Title Loans Chicago?
Same Day Service & Funding
Receive up to $4,000!
Highly Competitive Interest Rates
Open 7 Days a Week
Up to 36 months to pay off loan
Loans funded by TMG Loan Processing. Loans Made Pursuant to Illinois Department of Financial & Professional Regulation Consumer Installment Loan Act License.
Terms and Conditions
We service the entire Chicagoland area!
Title Loans In Chicago, Illinois
Title Loans Chicago not only works to provide the best customer service possible, but also strives to make sure that you can get cash fast! Our unique process often allows us to provide funding on title loans in Chicago in the same day. With service seven days a week, that means that you can get the money you need through a title loan when you really need it. Choose Title Loans Chicago for your financial needs today.