LoanCenter Title Loan

LoanCenter Title Loan Review

LoanCenter Title Loan is offered by Wilshire Consumer Credit, a financial services company founded in 1988 and based in Los Angeles, CA. LoanCenter Title Loan are available in 19 states across the USA.

LoanCenter Title Loan FAQ

What rates does LoanCenter Title Loan charge?

LoanCenter Title Loan has a fixed APR of up to 129%.

Does LoanCenter Title Loan charge an origination fee?

Yes, LoanCenter Title Loan charges a loan origination fee starting at $75

Does LoanCenter Title Loan charge a late fee?

Yes, LoanCenter Title Loan charges borrowers a late payment fee of up to $10, which is triggered if you're 10 days late.

Does LoanCenter Title Loan charge prepayment fees?

No, LoanCenter Title Loan does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.

How much can you borrow from LoanCenter Title Loan?

Loan amounts start at $2,000 and go up to $50,000.

What is the maximum loan term you can get with LoanCenter Title Loan?

LoanCenter Title Loan offers auto title loans with a maximum term of 48 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What do you need to qualify for LoanCenter Title Loan?

To qualify for a loan, you must have a clean title of your vehicle. In other words, you must be the undisputed owner of the vehicle. You can't have any liens or levies from creditors or other parties on your vehicle's title. Don't worry, there are other lenders who will consider borrowers who don't have a clean title.

LoanCenter Title Loan does not require or does not disclose a credit score minimum. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

LoanCenter Title Loan does not have or does not disclose a minimum annual income eligibility requirement. LoanCenter Title Loan only considers borrowers who are employed. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via LoanCenter Title Loan. Their rates fall within the limits of The Military Lending Act.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by LoanCenter Title Loan.

To qualify, applicants may need to provide the following documentation:

• Driver's license
• Government issued photo ID
• Proof of identity

What is the estimated funding time for an auto title loan via LoanCenter Title Loan?

LoanCenter Title Loan will typically provide a credit approval decision in less than an hour and fund the loan within 1 and 1 business days.

Does LoanCenter Title Loan report your account activity to credit bureaus?

Yes, LoanCenter Title Loan reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

Is Wilshire Consumer Credit a legit company?

Wilshire Consumer Credit was founded in 1988, it is a well-established company that has been in business for 35 years.

Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.