Title Loans in Florida

In Florida, a title loan is capped at $25,000.

In practice, you can usually borrow about 25% to 50% of your vehicle's value, based on the car and your ability to repay, so most loans land well below that cap. Borrow only what you need.

Two things matter most: your vehicle's available equity and your ability to repay the loan. Your credit score carries far less weight.

Vehicle equity means your car is either lien-free or has only a small balance remaining compared to its value. You can look up your title and lien status through the Florida Highway Safety and Motor Vehicles.

You must also show steady income or another reliable source of funds to demonstrate that you can comfortably repay the loan. Income does not have to come from a regular paycheck, as other documented sources may also qualify.

In our experience, most declined applications are due to insufficient vehicle equity or a lack of verifiable income, rather than a low credit score.

Florida caps title loan interest on a tiered scale: 30% per year on the first $2,000, 24% on the next $1,000, and 18% on anything above $3,000.

That means a larger loan carries a lower blended rate. A $5,000 loan, for example, works out to about 24% APR.

The standard title loan term in Florida is 30 days.

It can be extended in additional 30-day periods. On an extension, unpaid interest cannot be added to your principal, which keeps the cost in check.

You generally need a vehicle title in your name, a government-issued ID, proof of income, and proof of Florida residence.

With Swift Title Loans, you upload these online, and in most cases we can evaluate your car from photos, so there is no store visit.^{^}

Yes. Approval is based mainly on your vehicle's value and your ability to repay, not on a perfect credit score.

If you cannot repay, we can repossess your vehicle.

Florida law gives you 10 days written notice before it is sold, and we must accept partial payments toward your balance. Reach out early if you are struggling, since we may be able to work out a payment arrangement and help you avoid repossession.

Yes, title loans are legal in Florida under the Florida Title Loan Act (Chapter 537).

Lenders are regulated by the Florida Office of Financial Regulation. You can verify any lender through the OFR REAL system before you borrow.

The most convenient way is to apply online, which takes only a few minutes.^*

Start by sharing a few basic details about your car and yourself to get pre-approved first. After that, you upload your documents and photos for a fast, no-obligation quote, with no store visit.^{^}

You can also apply in person if you prefer, though that usually takes longer.