Community Loans of America (CLA)
Varies for Personal Loans
Community Loans of America (CLA) Review by Max Cash
CLA has numerous affiliated locations across the country, with a significant presence in states such as Georgia, Texas, Alabama, and South Carolina. This allows individuals from all different regions to begin a loan inquiry online, over the phone, or in person with a loan agent. Our verdict is that CLA focuses on accessibility by providing short-term loans for borrowers, so the repayment period may not be ideal for those who need an extended period of time to pay off their loans.1
Partner Disclosure
Although we don't cover every financial product or company, we strive to offer a diverse selection of offers and objective editorial viewpoints from the Max Cash content team. Our partners and affiliates, which include some of the lenders we may recommend, have no bearing on our editors' opinions or ratings, which are dependent on internal opinion and derived from analysis and research. You can find a list of our partners here.
Pros and Cons of Community Loans of America (CLA)
CLA can be a fast choice for people who need convenient financial solutions, especially if they own a vehicle and struggle to get approved for traditional bank loans.5
- Bad credit borrowers may be eligible for title loans5
- Convenient repayment options
- Fast approval process and competitive rates4
- Securing a loan against your car can result in repossession if you default on your loan
- May need to have a bank account to secure a personal loan
- Required documents may change based on your state of residence
Securing a loan with CLA is designed to be as convenient as possible, allowing qualified borrowers to access fast funding when they need it most. Upon final approval, it’s possible to receive your funding on the same day or by the next business day!1 5
One of the primary disadvantages about choosing a title loan with CLA is that you may be required to drive to a designated location to complete your vehicle inspection, which may not be ideal for some borrowers.5
How Community Loans of America (CLA) Compares
to Other Options
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| Max Cash's Rating | |||
| Repayment Terms | Varies by State⁴ | N/A | N/A |
| Funding Timeline | Receive funds by the same or the next business day | Receive funding by the next business day, if approved | Receive funds on the same day or by the next business day |
| Bottom Line | Provides eligible borrowers with convenient access to money, but there are often shorter loan terms in comparison to other loans.4 Borrowers have the option to begin their loan inquiries online or in-store.5 |
For consumers who own a lien-free vehicle title, Montana Capital offers title loans from $500 to $50,000 with funding available the same or next business day, if approved.5 Keep your keys and drive as usual the entire loan duration, you will just not be able to sell it. |
Northwest Title Loans offers borrowers with up to $10,000 using their lien-free vehicle titles, and they can keep driving the entire loan duration.1 Apply online, by phone, or at a Northwest location and get funded the same day, if approved.5 |
| Visit Profile | Visit Profile | Visit Profile |
Frequently Asked Questions about
Community Loans of America (CLA)
Yes, CLA has 1,000+ affiliate locations in over 25 states and are leading providers of short-term loans and other financial products. CLA’s affiliate locations can offer professionalism and convenience to consumers who need access to fast funding.
You can conveniently send an email to their customer care team.
Yes, but CLA is not BBB accredited.
Ready to See if You Qualify for Funding?
Partner Disclosure
Although we don't cover every financial product or company, we strive to offer a diverse selection of offers and objective editorial viewpoints from the Max Cash content team. Our partners and affiliates, which include some of the lenders we may recommend, have no bearing on our editors' opinions or ratings, which are dependent on internal opinion and derived from analysis and research. You can find a list of our partners here.