Why did TitleMax leave California?
The DBO moved in December 2018 to revoke TitleMax’s finance license in California based on allegations that the lender routinely charged excessive interest rates and fees.
Is TitleMax going out of business in VA?
Effective January 1st, 2021, TitleMax® is no longer offering new loans in the state of Virginia.
How do I contact TitleMax?
(888) 485-3629TitleMax / Customer service
Are car title loans legal in California?
Many of you may be wondering if title loans are legal in California. The short answer is yes, but there are some important stipulations to know. The state of California has laws that can be generous for those who have run out of options with conventional financing avenues.
Are title loans illegal in VA?
While title loans in Virginia are legal, there are a few pretty nifty laws in place to protect consumers from some of the more roguish behaviors for which title lenders are notorious.
Can you still get title loans in VA?
Virginia only allows you to borrow one title loan at a time. In addition, there can only be one lien holder on a title. This means that you won’t be able to get a title loan if you’re still making payments on your vehicle, and you can’t borrow a new title loan on the same day you close out a previous loan.
How long has TitleMax been in business?
Since the first store’s opening in 1998 in Georgia, TitleMax has expanded to over 900 locations spanning 14 states. With more than 2,000 team members nationwide, we pride ourselves on providing customers with clarity and confidence.
Who is the CEO of TitleMax?
Founder and current CEO, Tracy Young, opens the first TitleMax® and TitleBucks® locations in Savannah and Columbus, Georgia.
What is TitleMax corporate number?
What is Titlemax rescission period?
In a refinance of a principal residence, the borrower has a 3-day right of rescission, or period, to cancel the loan without fees or penalties.
What is the maximum legal interest rate for a car loan in California?
36%
The permissible interest rate is capped at an annual simple interest rate of 36% plus the federal funds rate. Charges that would exceed that rate are prohibited, other than an “administrative fee” provided for by the statute.