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What is the APR for the MVP Program?

The APR for the MVP Program is 35.99% APR for all qualifying customers, meeting all necessary criteria as stated below. 

What is the cost of my credit going to be?

The APR for our MVP Program is 35.99% for all qualifying customers, but can be lower depending on your creditworthiness, collateral, and agreed-upon terms. Loan amounts start at $5,500.00 with a term of 24 to 44 months. Most MVP Program cash title loans in Pomona, Ca will be charged an administration fee (origination fee) in an amount ranging from $262.00 up to 5% of the amount financed.

For a typical MVP Program car title loan in Pomona, Ca of $7,500.00 with a 35.99% APR and a 38 month term, the payment is $333.73 and the total scheduled interest is $4,731.74. The interest on the loan may vary depending upon the timing of the payments made. There is no prepayment penalty. This means that you can pay off your loan at any time without penalty, and you will only be charged interest during the time that you have an outstanding balance. However, the administration fee (origination fee) is not refundable.

What is necessary to qualify for a MVP Program Loan?

600 FICO or higher
Minimum loan amount $5,500
Collateral of acceptable value
Ability to repay
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Car Title Loans in Pomona Ca

What is a car title loan?

A car title loan is a loan that uses your vehicle as collateral to lend you the cash you need. Your car title loan approval takes into account your ability to repay. There is a lien placed on the title of your car and in return you get the cash you need. Once you pay off your loan, the lien is removed. You get to keep driving your car throughout the process. 

What if I have poor credit?

Even if you have less than perfect credit, you may still qualify for a car title loan. Since a car title loan uses the equity in your car as one factor in approving your loan, your credit score is less of a factor in getting an approval. You will need to provide satisfactory proof-of-income in order to be approved.  

What is my Minimum and Maximum period of repayment?

Our loans range from 24 months to 44 months repayment period, depending on the specific loan.