Title Loans Annapolis, Maryland

Title Loans in Annapolis are the best substitute for people who have little to no credit, and are seeking instantaneous cash. These loans use your vehicle title for collateral, which means you are able to use your car during the lending period, and they can also improve your credit score if payment is made on time. In comparison, bank loans use your credit score, making the application lengthy, and more often than not results in rejection. When it comes to collateralized loans, it is essential to acknowledge that car title loans come with less risk, especially when you have considered to take a real estate equity loan.

Applying for Title Loans in Annapolis

When applying for car title loans in Maryland it is important to note that the vehicle must be paid off, or at least almost paid off, and you will receive a fair loan amount depending on the value of your vehicle. The better condition your vehicle is under, the more money you are allowed to borrow. Using the Kelley Blue Book can give you a proper estimate of how much your car is worth.

Receive a free title loan estimate upon completion of online application. Within minutes a loan representative will contact you with their appraisal, and answer any questions regarding the title loan application process in Annapolis.

Title Loans Annapolis, MD

Necessary documentation to bring after approval:

  • Proof of identification (Driver’s License/State ID)
  • Proof of income, such as paystubs or bank statement
  • The title of your vehicle
  • Vehicle under the title

Obtain your vehicle title at this Annapolis MVA location:

Address: 160 Harry S. Truman Pkwy, Annapolis, MD 31401

Phone: (410) 768-7000


Repercussions of missed payments

Just like any other loan, payments must be made on time. Failure to make payments for car title loans in Annapolis, MD may result in repossession of the vehicle. To avoid repossession:

  • Only borrow the amount you need
  • Make sure to pay the monthly installments on time
  • If possible, make the payment ahead of schedule

Following these guidelines will result in a lower chance of vehicle repossession.

In the event of repossession, there are law offices dedicated to specifically handling settlements due to title loans in Annapolis. One of many offices you may contact:

The Law Firm of Onder, Shelton, O’Leary & Peterson (877) ONDER-LAW (66337-529)

Report abuse of a lender in Annapolis

The Maryland Department of Labor, Licensing and Regulation will handle any complaint, solve any issues faced in the process of obtaining a loan, and provide aide if any foul play is committed by the lender. Since auto title loans in Annapolis fall under state regulations, you may file with:
The Office of the Commissioner of Financial Regulation (410)230-6100.

You may also file locally through the Annapolis, MD Police Department:

Administrative Office (410) 289-9000

Chief of Police, Michael A. Pristoop (APD)

Consumer Financial Protection Bureau (CFPB)

In addition to reporting complaints about a car title loan, you can also submit mortgage, payday, student, and other consumer loans.