What You Need to Know About Car Title Loan Repossession

Let's get started

Get your cash today by filling out this form or for instant pre-approval call (855) 561-56262

  • 1
    Car Information
  • 2
    Your Information
  • 3
    Free Estimate

By tapping or clicking “Get Your Estimate”, you acknowledge and agree to the Terms of Use, FCRA Policy, Electronic Consent and Privacy Policy. You acknowledge and agree that you are providing express written consent for Tradition Media Group LLC to share information you've provided, and for TMG and/or up to six partners to contact you with marketing and other messages via email and/or at the phone number provided via automatic dialing systems, recurring autodialed and prerecorded calls, or SMS/MMS messages (charges may apply), even if my telephone number is listed on a Federal, State, or other jurisdiction Do-Not-Call list. You acknowledge that consent to these communications is not a condition to utilizing these services.

Yes, Sign Me Up for Max Cash's Newsletter and Unlock Unbeatable Offers

Thank you!

Your application has been submitted.

For faster service call us now!


Next steps

Confirm there are no errors on your credit reports! Your credit score is not a factor but your information must be accurate.

Thanks for Applying

Congrats! We received your application. You might need car insurance for your loan. Click here to compare rates.

Click to Find Insurance

* Clicking the button will direct you to our partner for Car Insurance.

Application Submitted

While we process your info we recommend also applying for a personal loan or credit card to get more money!

Click Here

* Clicking the button will direct you to our partner for Personal Loan or Credit Card Offer.

Thanks For Applying!

We don't offer title loans in your state might be able to help with a personal loan or credit card.

Click Here

* Clicking the button will direct you to our partner for Personal Loan or Credit Card Offer.

Thanks For Applying!

We got your application. If you need immediate cash try a personal loan or credit card offer and we will call you 1st thing in the morning.

Click Here

* Clicking the button will direct you to our partner for Personal Loan or Credit Card Offer.

Thanks For Applying!

We have found a great match for Car Financing!

Get My Financing

* Clicking the button will direct you to our partner for Car Financing.

Thanks For Applying!

We have found a great re-financing match with CarZing!

Get My Financing

* Clicking the button will direct you to our partner for Car Refinancing.


Want to know how much your payments will be? Use our title loan calculator to find out.

Max Cash Calculator
Big Phone Icon - Transparent and Black

Instant Pre-Approvals

Call us anytime seven days a week for instant pre-approvals! 2

(855) 561-5626

Here’s What You Need to Know About Car Title Loan Repossession

Defaulting on any loan is something to avoid at all costs. However, here at Max Cash® Title Loans, we believe it is important to educate everyone about car title loan repossession. Everything you need to know about vehicle repossession can be more straightforward than you think!  If you are currently going through the repossession process, you are not alone. If you think you are in danger of repossession and have not defaulted on your loan, Max Cash Title Loans is here to help!5 Keep reading to learn more about some of the potential consequences of the title loan process and how to avoid them.

What is Vehicle Repossession? 

car repossession

Vehicle repossession can happen when you default on a collateral-based loan, such as an auto title loan or a car loan. If you get behind on your payments, the lender has the legal right to repossess your vehicle because a lien is placed on the title after the loan is complete.

With an auto title loan, your vehicle is used as collateral to secure the loan. Defaulting on the loan will often result in the vehicle being repossessed and auctioned to cover the remaining balance of the debt. The specifics of the repossession process vary by state and depend on your lender. Make sure to read your contract carefully before you sign. Also, before you sign an agreement, ensure that you have the means to repay your loan. 

How Can I Avoid Car Title Loan Repossession?

To avoid car title loan repossession, you can take the following steps:

  1. Keep up with loan payments: Make sure to make your loan payments on time and in full to avoid defaulting on your loan.
  2. Communicate with the lender: If you’re having difficulty making payments, reach out to your lender to discuss alternative payment options or a payment plan.
  3. Consider refinancing: If you’re unable to keep up with your loan payments, you may be able to refinance the loan to lower your monthly payments.
  4. Prioritize expenses: Consider adjusting your budget to prioritize car loan payments over other expenses, if necessary.
  5. Seek financial counseling: If you’re having persistent financial difficulties, consider seeking the advice of a financial counselor or credit advisor.

By taking these steps, you can reduce the risk of car title loan repossession and protect your vehicle.

What Happens if I Default on a Title Loan? 

avoid car title loan repossession

What exactly does it mean to go into default on a title loan? It is important to make note that all states are different and may have their own set of rules. In general, a loan is in default when you don’t make your payments on time (or not at all). That could be anywhere from 30 to 90 days past due. It means that you have not upheld your part of the loan contract. This gives a lender the authority to repossess your vehicle and sell it to cover the remaining balance of the loan. Most lenders do not want to repossess your car and would prefer to find an alternative solution. Car title loan repossession is a hassle and expensive to arrange!  

In some cases, the lender will give you the chance to catch up with your payments before the vehicle is repossessed. If you are upfront about what you need from them, they are willing to listen, and you might be able to work out a deal.

If you aren’t able to make payments on your title loan on time, it could lead to some expensive consequences. The repossession of a vehicle will reduce your chance of being approved for credit in the future. It can even make it harder for you to find a job, as some employers run credit scores during the hiring process. 

What are Default Fees? 

Default fees are not pretty. If you miss your payment or your vehicle is repossessed, your state’s laws and regulations determine the fees involved. Some states have a limit on how much you can be charged for fees. Others allow title lenders to charge without a limit. 

If a lender has to repossess your vehicle, you could be responsible for some extra fees, like repossession and storage fees.

Communication to Avoid Car Title Loan Repossession

Communication is the most important thing. If you want to know how to stop a title loan repossession, the first thing to do is contact your lender and be transparent about the situation. They should know that you are making an effort to make your payments, and you can explain what is going on.

A title loan lender may offer you a “grace period”. Be honest, and don’t bite off more than you can chew. Tell the lender how much of a payment you can make and not what you think you can pay. This will make communication much smoother. 

How To Stop a Car Title Loan Repossession

If you are unable to make any payments, there are a couple of things that you can do when it comes to your vehicle. 

  1. Negotiate a payment plan: If you’re having trouble making payments, reach out to your lender and ask if they will accept a payment plan or reduced payments until you can get back on track.
  2. Refinance the loan: If your current loan has high interest rates or unfavorable terms, you may be able to refinance the loan to a lower interest rate or better terms. That’s where Max Cash Title Loans can help you! You can apply for title loan refinancing today online with us or over the phone at 855-561-5626
  3. Seek assistance from a credit counselor: A credit counselor can help you negotiate with your lender and create a budget to get you back on track.
  4. Consider a loan modification: If you’re facing financial hardship, you may be able to have your loan modified to make the payments more manageable.
  5. Make a lump-sum payment: If you have access to the funds, making a lump-sum payment can potentially prevent repossession.

It’s important to act quickly if you’re facing repossession. Do whatever you can to get your account in good standing, or keep it that way!

Do Something. 

If you ignore all of the communication and make no attempt to pay the lender, your vehicle will be repossessed. You could owe them even more money for the repossession, storage, and auction fees. 

Car title loans are not designed for you to default on the loan. Generally, the last thing that the lender wants to do is to repossess the vehicle. But, you must find an auto title loan that has monthly payments that you will be able to afford. Max Cash Title Loans can help with that!5

Max Cash Title Loans Has Got You Covered

apply for car title loans

If you need to refinance your current title loan, or you want to get connected to a title loan, talk to a representative at Max Cash Title Loans today. Don’t wait! That’s what we’re here for. Lastly, a loan representative can help you learn more about your available options.

So, why work with Max Cash Title Loans? The reasons are pretty simple:

  • Superior Customer Service 
  • Open 7 days per week
  • Low Credit or Bad Credit May Not Matter5 
  • Past Bankruptcy Could Be Ok
  • Pre-approval is Simple2
  • Get Quick Funding if You Qualify2 5

Curious? Click here to learn more