Have Questions?
Frequently Asked Questions
Everything you need to know about title loans at Progressive Title Loans.
Who uses Progressive Title Loans and why? +
We serve a wide variety of customers throughout the Magic Valley area, each with different needs. Small business owners can use quick cash from a title loan to cover surprise expenses or purchase supplies. Realtors and sales professionals can ease cash flow gaps while awaiting commission checks. Whatever your situation, Progressive Title Loans is proud to be your solution.
What exactly is a title loan? +
A title loan allows you to borrow money using your vehicle as collateral. With a free and clear car title, getting fast cash is easy — there are no credit checks, and the approval process is quick and straightforward.
What do I need in order to get a loan? +
To apply, you will need a photo ID (such as a driver's license), your vehicle, and the vehicle's title — free and clear of any liens.
How do I know if my vehicle's title is free and clear? +
A free and clear title will have no one listed as a "Lienholder," or will simply say "No Liens." If you're unsure, call the company that issued your original car loan to confirm.
What if there is another name on the title in addition to mine? +
If more than one person is listed on the title, they should accompany you to Progressive Title Loans to complete the process.
How much can I borrow? +
Loan amounts depend on the value of your vehicle and your ability to repay. Loans can range from $100 to $10,000, varying by state.
How does the title loan process work? +
Simply bring your photo ID, vehicle, and title to our Twin Falls location and complete a short application. A representative will assess your vehicle, review all terms and conditions with you, and once you sign the paperwork, you'll leave with your cash — and your car.
How long does the approval process take? +
The entire process from start to finish typically takes only about 20 minutes.
Is there a maximum loan amount? +
Yes — the maximum is $10,000 in most states, though some states have lower caps. A representative can clarify the limit for your area.
Is it better to start the process in person or online? +
We want the process to be as convenient as possible. If you start online, a representative will call you to arrange completing the loan at our location. You can also call us directly to speak with our Twin Falls team and get started over the phone.
Will I still need to visit a location if I apply online? +
Yes. All customers must visit a Progressive Title Loans location so a representative can evaluate your vehicle, finalize paperwork, and hand you your cash in person.
Is my personal information safe? +
Absolutely. We have never had a data security breach. All data is stored securely in fireproof safes and on encrypted servers, in full compliance with federal and state privacy laws, including the Gramm-Leach-Bliley Federal Information Safeguarding Law.
I'm self-employed. Can I still get a title loan? +
Of course. Many of our customers are self-employed, and title loans are a great way to access working capital — whether to replenish supplies or cover an unexpected business expense.
Can I get a title loan if I'm unemployed? +
Yes. Federal law prohibits discrimination based on the source of income. We consider many factors, including unemployment benefits, an upcoming job start date, or a co-signer's income.
Does my credit score matter? +
No. A title loan is secured against the value of your vehicle. Owning a vehicle free and clear demonstrates your creditworthiness — no credit check required.
What happens if I can't repay my loan? +
Vehicle repossession for non-payment is uncommon and is always a last resort. Progressive Title Loans works with each customer to find solutions, and we will do everything we can to avoid repossession — it is not a desirable outcome for either party.
Is there a prepayment penalty? +
No. You can pay off your loan early at any time with no prepayment penalties whatsoever.
How can I make payments on my title loan? +
We offer several convenient payment options, which your representative will walk you through when you receive your loan. Most locations accept cash, money orders, and cashier's checks, among other methods.
