Since 1990, LoanMax has been there for borrowers needing cash fast through title loans up to $10,000 based on the equity of their vehicles.1 LoanMax eliminates red tape and offers a simplified online application followed up by a quick vehicle inspection at a LoanMax store location. Sometimes within 20 minutes or less, if approved, you leave with funding, and you stay behind the wheel as long as you make loan payments on time.
Pros and Cons of LoanMax
LoanMax can be a solid option for those seeking quick and flexible financial solutions through title loans.5
- Unemployed borrowers or those with bad credit may still be eligible for title loans
- Only a lien-free title, vehicle, and photo ID are required
- Fast 20 minute approval after the vehicle inspection at competitive rates4
- Funding is possible as soon as the same day with no prepayment penalties5 3
- Vehicle inspections offered at store locations only
- Not available to consumers nationwide
- Several states have maximum loan amounts below $10,000
- Defaulting or failing to make loan payments may result in vehicle repossession in some cases
How LoanMax Compares
to Other Options
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| Max Cash's Rating | |||
| Repayment Terms | N/A | N/A | Up to 24 months |
| Funding Timeline | Receive funds on the same day or by the next business day | Receive funds on as soon as the next business day | N/A |
| Bottom Line | With a super-fast approval process, LoanMax can put up to $10,000 in eligible borrowers’ hands the same business day, if approved.5 If you reside in a state where LoanMax operates and have a lien-free title, it can be an easy way to get much-needed cash. |
Using your vehicle’s title as collateral, ChoiceCash title loans can be a convenient process to get you funds as soon as the same day.5 Borrowers can access flexible loan terms while keeping their keys throughout the repayment process. |
Applying for a loan with Advance Financial 24/7 in person or online is an option, but only if you are a resident in an available state. |
Frequently Asked Questions about
LoanMax
LoanMax is a legitimate business that has been operating since 1990.
Call 877-511-2274 to speak with a friendly LoanMax agent near you.
LoanMax has not been accredited by the Better Business Bureau (BBB).
