Best Title Loan Companies in
Full Disclosure: If you use a link on this site to apply for a product or service, then Credit Help Info will get a referral fee.
Click here for more details
Every year, people flock to Nevada for its lavish casinos, natural landscapes, and endless entertainment options. These attractions make Nevada the third-most visited state in the US in terms of tourism.
While Nevada isn’t in the top 10 in terms of population, 3 million people still call the state their home. Perhaps one of the main draws is the lack of a state income tax in Nevada, which allows people to save considerably more of their hard-earned money compared to neighboring states.
However, Nevada is still slightly on the more expensive end when it comes to cost of living. The Missouri Economic Research and Information Center gives Nevada a cost of living index of 108.1, where the national average is 100.
The MIT Living Wage Calculator gives further insight into the spending breakdown of a typical adult living in the Las Vegas-Henderson-Paradise area. Notably, housing at $8,736 per year is lower than other areas, but most other categories (food, transportation, medical) are on par with the most expensive states.
Sometimes, these expenses can become financially taxing. To help pay off bills, Nevada residents may turn to title loans for help.
Title loans are a great way to immediately provide you with extra cash, provided you have the means to pay it off. Choosing a reputable title loan company to work decreases your chances of locking yourself into a high monthly repayment plan.
This article will introduce 10 of the best title loan companies in Nevada. Whether you like the convenience of applying for a title loan online, or you prefer visiting a local Nevada office, our list will contain the best options for you.
Are Title Loans Legal in Nevada?
Yes, title loans are legal in Nevada. Note that according to Nevada State Legislature (NRS 604A), title loan lenders are required to check your ability to repay the loan before offering one.
This law is important because NRS 604A.5017 specifically states that the loan cannot exceed 25% of your expected gross monthly income. This means that while there is no restriction on interest rates on title loans in Nevada, companies cannot charge you a monthly payment above this limit.
How Do Title Loans Work in Nevada?
In Nevada, getting a title loan with a company usually involves these five steps:
- Prepare your documents. You should gather the following documents before visiting a title loan office: your photo ID, car title, proof of income (paystub or bank statement), proof of Nevada residency (a recent utility bill) and car insurance.
- Fill out an application, in person or online. The actual process begins with filling out an application, which will ask for basic information about yourself and your car (including odometer reading). Most companies offer ways to fill out this application online.
- Receive and review your loan terms. A company representative will get in contact with the results of your application. If they accept, they’ll send you a detailed loan contract for you to review.
- Accept or decline the offer. After reviewing the terms, you can choose to either accept or decline the offer. If you decline, you can begin the process again with another company.
- Get your funds. All that’s left is to get your title loan funds from the company! The exact date should be listed on the loan contract; usually this is on the same day you sign the contract.
Best Instant Title Loans in Nevada
For the best instant title loans for Nevada residents, we recommend Max Cash Title Loans and LoanMart as our top two options. Both of these are excellent companies that can set you up with a title loan in a matter of hours. We’ll discuss them more in detail below.
Max Cash Title Loans
Max Cash Title Loans is one of the largest title loan platforms in the US. Over the years, they have surpassed 1 million happy clients. In addition, not many companies can rival their wide coverage of most states, including Nevada.
Max Cash has the advantage of being a title loan platform, meaning that they’ll match you with one of their partner lenders. This means that filling out a single Max Cash title loan application could potentially put you in front of hundreds of lenders competing for you. Even if you have poor credit, you may be able to secure better loan terms with Max Cash.
To top it all off, Max Cash will do the matching for you completely free of charge. Their job doesn’t end until you have signed a loan contract or decide that you no longer need the loan. If you run into any issues along the way, a Max Cash customer service representative will be happy to assist you.
These are some other competitive advantages of Max Cash:
- It’s Free
- Quick and Easy Online Application
- Biggest Network of Title Loan Lenders
- Transparent About Rates and Services
- Fair Evaluation of Car Value
- Ability To Compare Interest Rates and Loan Amounts
- Protects Your Personal Information
- Top-Tier Customer Service
- Bank Account Not Required
Learn more in our full review of Max Cash.
LoanMart is our top direct title loan provider. Since 2002, they have provided title loans to over 250,000 clients across the country. Their state coverage isn’t as wide as Max Cash’s, but they still do cover the state of Nevada.
Unlike Max Cash, LoanMart is directly responsible for funding your title loan. The advantage of this is that you may be able to get your cash much quicker than with Max Cash. However, you will also have less negotiating power, since you don’t have multiple lenders competing for your loan.
Another competitive advantage is LoanMart’s “Three Day Peace of Mind” guarantee. This allows new clients to cancel a loan contract within 72 hours of signing it with no repercussions. This can give extra assurance to those who might be on the fence about getting a title loan.
Here are some other pros of LoanMart’s services:
- Three Day Peace of Mind Guarantee
- Excellent Customer Service Support
- Dedicated to Financial Education
- Protects Your Personal Information
- Competitive Rates
- Secure Funds Quickly
- Multiple Loan Options
Top 8 Local Nevada Title Loan Companies
Max Cash and LoanMart are great choices for any Nevada resident. However, if you are looking for a local brick-and-mortar Nevada title loan agency, then here are eight of them.
American Title Loans
American Title Loans encourages all Nevada residents to “bet on themselves” instead of turning to gambling to solve your financial problems. Since 2006, they have been doing this by offering simple, competitive title loans to customers in need.
American Title Loans has locations in Elko and Las Vegas. You can begin your application process at any of these stores, or fill out their online form as well. American Title Loans is known for offering more in total loan amount compared to their competitors, so it’s definitely worth paying them a visit.
- Address: 171 W. Silver St, Elko, NV 89801
- Phone: (775) 299-4681
Cash 1 Loans
Cash 1 Loans offers title loans and personal installment loans in Reno, Las Vegas, and Henderson. They have been in business since 1997, primarily serving clients in Arizona and Nevada.
Cash 1 Loans offers title loans ranging between $100 and $50,000 depending on the value of your car. If you visit their store in person, they claim they can get your money in as little as 15 minutes. One great feature about Cash 1 Loans is that they also offer title equity loans between $100 and $5,000 for those who haven’t fully paid off their vehicle yet.
- Address: 1995 N Nellis Blvd Ste C, Las Vegas, NV 89115
- Phone: (702) 413-0280
- Email: email@example.com
Licensed by the Nevada Financial Institutions Division, Moneytree is one of Nevada’s most reliable loan providers. Among 65 Google reviews, their North Nellis location has an average rating of 4.3 out of 5.
At Moneytree, you could get a title loan for up to $25,000. One of the factors that they use to calculate this amount is your income, which makes sense given the Nevada state laws we discussed earlier.
In addition, we like that Moneytree is very transparent about their rates and services. They offer sample APRs and repayment schedules for their title loans as well as payday loans, which most other companies don’t provide. They also have an extensive FAQ section to answer all commonly asked questions about title loans.
- Address: 250 N Nellis Blvd, Las Vegas, NV 89110
- Phone: (702) 459-0222
Nevada Express Title Loans
Nevada Express Title Loans offers title loans at competitive rates to Nevada residents. They have two locations in Las Vegas, and their Eastern Avenue location has a perfect 5 out of 5 rating among 28 Google reviews.
Nevada Express Title Loans lives up to their name by providing instant title loans of up to $20,000 in as little as 20 minutes. In addition, the starting rate on this loan is very low at 7.95%, which easily beats any other interest rate out there. Another competitive advantage is that Nevada Express Title Loans caters to Spanish speakers as well.
- Address: 1514 S Eastern Ave, Las Vegas, NV 89104
- Phone: (702) 487-7400
- Email: firstname.lastname@example.org
Nevada Title & Payday Loans, Inc.
Nevada Title & Payday Loans has 15 locations in the state, mostly in Las Vegas, Reno, and Carson City. They offer competitive title loans for up to $15,000 regardless of your current credit situation.
At Nevada Title & Payday Loans, you don’t need a checking account to apply for a title loan. In addition, they also do not report to credit agencies should you default on the loan. Of course, this is no excuse not to pay off the loan in full to avoid defaulting, but it’s an extra benefit that not many other companies can match.
- Address: 2585 Paradise Drive, Reno, NV 89512
- Phone: (775) 352-9550
Titlelo is a national loan agency headquartered in Fort Lauderdale, Florida. While they don’t have a physical location in Nevada, they are still a top choice by many in the state due to their easy online application process.
At Titlelo, title loans typically range from $200 to $25,000. You can often get your funds on the same day as long as you submit your application sometime before 2PM local Nevada time. After submitting your application, Titlelo operates similarly to Max Cash, matching you with a local lender in the area to get you your cash.
- Address: 3000 NE 30th Pl Ste 104, Fort Lauderdale, FL 33306 (headquarters)
- Phone: (855) 341-4500
- Email: email@example.com
Title Loans 365
Title Loans 365 is a local company in Nevada that offers competitive, low interest rate title loans. As suggested by their name, they are open 24 hours a day, 7 days a week, 365 days a year, which is extremely rare among title loan companies.
Not only is Title Loans 365 always available, but they also have a process that can set you up with a car title loan in 30 minutes. All you need is a car that is completely paid off, as well as a Nevada utility bill to show proof of residency. They also offer title loan refinancing to help lower your monthly loan payments.
- Address: 1489 W Warm Springs Rd #110-9, Henderson, NV 89014
- Phone: (702) 966-8286
- Email: firstname.lastname@example.org
Last but not least, TitleMax is one of the biggest title loan companies in the country with over 1,000 locations. They have over 40 local stores in Nevada as well, ready to offer you a title loan in as little as 30 minutes.
You don’t need a bank account to get a loan with TitleMax. That’s because they offer the Universe Silver Deposit Account, a unique and convenient way to receive your funds. The account comes with a debit card and is linked to your TitleMax account and mobile app, so it’s easy to see your account balance.
- Address: 2020 E. Williams St, Carson City, NV 89701
- Phone: (775) 883-1252
How Do You Qualify For a Title Loan in Nevada?
To qualify for a title loan, you just need to have a few important documents:
- Government-issued ID
- Car title
- Proof of income
Most companies will require that your car is paid off in full in order to receive a loan. In select cases, such as with Cash 1 Loans, you may be able to get a partial loan (title equity loan) on a financed car.
Also, note that proof of income is considered a special requirement in the state of Nevada. This is because lenders need to use this information to ensure that your monthly payment doesn’t exceed 25% of your gross monthly income. If a company doesn’t ask for this information, that may be a red flag.
Do I Need Good Credit to Get a Title Loan?
Absent from the list of requirements to get a title loan is having a good credit score. Title loan lenders will offer you competitive rates without running your credit score, provided they think you have the means to repay the loan.
Because of this, title loans are one of the best options for those with bad credit. Along with payday loans, title loans are among the few loan types that you’ll still be able to take advantage of with poor credit.
However, it’s best not to ignore a bad credit score for too long. One of the best things you can do to secure a better financial future is to improve your score, since this will lower the interest rate on any loan that you apply for.
Often, the first step towards a better score is by hiring a credit repair company such as Credit Saint. For an affordable monthly price, they’ll communicate with the credit bureaus on your behalf and fix any negative errors on your report that may be dragging down your score.
How Much Can I Expect to Get From a Title Loan in Nevada?
According to the Consumer Federation of America, there is no maximum cap on how much you can get from a title loan in Nevada. However, most title loan companies will grant you 25% to 50% of your car’s value, which is typically up to $15,000 or below.
One other factor is your monthly income. As we mentioned earlier, a title loan provider cannot offer you a loan where your monthly payment exceeds 25% of your gross monthly income (before taxes).
What Is The Downside to a Title Loan?
The main downside to a title loan is the high interest rate. As such, you should only use title loans in true emergency situations, such as a sudden car repair or medical bill.
However, the upsides to a title loan may outweigh this downside in your situation. Because title loans do not require good credit, and the approval process is often very quick, it’s easy to get the funds you need in a short amount of time.
Conclusion and Next Steps
In this article, we shared our top 10 picks for title loan companies in Nevada. Each of these companies have helped countless Nevadans get a title loan, and they could help you too.
Specifically, we recommend reaching out to Max Cash and filling out their online application. Doing so will put you in front of multiple potential lenders and greatly increase your chances of finding a good title loan.
If you need cash fast, get in touch with
When doing research, Credit Help Info relies on credible and authoritative sites. These research sources are provided so that you can see exactly where we get our information.
About the Author
Chris Morgan has read hundreds of books and resources on finance, especially credit related materials. Because he did this, you don’t have to. As a school teacher for over 20 years, Chris enjoys taking complicated material and breaking it down into easy to understand chunks.