Is Rapid Auto Loans Better Than TitleMax For Car Title Loans?

Jan 18, 2022
Title Loans

Car title loans offer quick cash to anyone facing a financial hardship who needs emergency money. These loans use the value of your vehicle as collateral. Ultimately, car title loans help keep our customers out of foreclosure, from their utilities being shut off, and out of collections. At Rapid Auto Loans, our goal is to help our customers get the cash they need quickly.


What's The Difference Between Rapid Auto and Our Competition?


The main difference between Rapid Auto Loans and its competition is the time we give to repay back the loan. Unlike other companies such as TitleMax that allow only a 30-day payment plan, we offer our customers a car title loan that can be paid back over a period of 12 months. We also offer a competitive interest rate. Best of all, we never look at your income or credit score to determine whether you're eligible for a car title loan with us.


Benefits of Choosing Car Title Loans


The amount of money that you can borrow with us will depend on the state laws where you live and the value of your car, not your income or your credit score. This means that the interest rate we give you also isn't dependent on these things either. This is particularly great for someone who is unemployed or who is working on repairing their credit score. Those who are self-employed can also benefit from these loans as typically it is harder for them to obtain title loans, especially when they need one fast.

At Rapid Auto Loans, we work hard to approve these loans quickly. Our car title loans start at just $100. We use your vehicle's value as collateral for the loan and you can still drive your vehicle during the loan's repayment.


What Do I Need to Apply for Car Title Loans?


All that you need to apply for a car title loan with Rapid Auto Loans is your driver's license. We will conduct a title search to ensure that there is no existing lien on your vehicle before a loan is approved. We also require you to show us proof of insurance. If you own this vehicle with someone else, they must be present to sign off on this car title loan.

The approval time for a car title loan can take as little as just one half-hour. Your first payment will be due within 30 days after your car title loan is approved at Rapid Auto Loans.


Start a Car Title Loans Application Today


When you're looking for a fast and easy way to get emergency cash when you need it most, apply for car title loans online at Rapid Auto Loans. Simply bring your vehicle title, proof of insurance, and your driver's license to one of our offices in Florida to begin the car title loan approval process.

Note: You can expedite the approval process by completing your car title loan application online before you visit us. To get your application started, visit Rapid Auto Loans' website to begin the title loan application process.



Are Title Loan Companies Trustworthy?

Auto title loans are a quick way to get that much-needed cash. But how do you know if they’re trustworthy? What if you’re getting involved with a scam? The good news is that there are trustworthy title loan companies out there. But you need to know what to look for. 

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The Benefits Of Same Day Title Loans

Life has a funny way of driving you insane. Things could finally be looking up for you when all of a sudden, it’s not. Some of the worst situations you could be blindsided by, involve money. Now it’s different if you have years of savings or a familial unit you can rely on. The problem is – what happens when you don’t have either of those things? Getting a decent loan can be a hassle. Especially if you don’t have much time. A solution to the madness could be taking out same day title loans.

4 Reasons To Consider An Auto Equity Loan

An auto equity loan offers a loan based on the equity that someone has in their vehicle. If they have paid off their car loan and it has a clear and free title, then its equity is equal to the car’s market value. Also known as a car title loan, Rapid Auto helps customers in need of quick emergency cash to stay current on their bills with this car title loan.

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Rapid Auto Loans is a consumer finance company licensed under Florida 516. The term title loan is used for marketing purposes only.
All loans have a repayment period of 12 months and there is no minimum prepayment penalty. Interest Rates are determined and approved by the State of Florida based on the borrowed amount and the maximum APR (which includes interest rate plus fees and other costs for a year) is 30%. You pay interest only for the time your loan is outstanding. Below is a representative example of the total cost of the loan, including all applicable fees:



Government Fee


Credit investigative Fee


Documentary Stamp Tax


Total amount Financed


Original Loan Date




Monthly Payment (x12)

Rapid Auto uses “Auto Title Loans” for advertisement purposes only and provides auto equity loans. The lenders are licensed under the “Florida Consumer Finance Act” under Florida Statute 516 and as such lenders loans is exempt from any licensing requirements under the “Florida Title Loan Act” to the extent that any of lenders activities involve the making of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle.