CCS Title Loan Services – LoanMart Mid City is an auto title lending location operating in the Mid City neighborhood of Los Angeles, CA, affiliated with the LoanMart network of title loan providers. The location offers vehicle-secured loans to borrowers using their car title as collateral. Contact the office at 844-620-2274 or visit 800loanmart.com.
Auto Title Loan Services
Auto title loans allow vehicle owners to borrow against the equity in their car, truck, motorcycle, or other motor vehicle. The vehicle title is used as collateral for the loan. Key characteristics of title loan products offered through LoanMart-affiliated locations include:
- Fast approval process — title loans are often approved within hours because the vehicle equity, rather than credit score, is the primary underwriting factor.
- No credit requirement — borrowers with poor or no credit history can qualify if they own a vehicle with sufficient equity.
- Continued vehicle use — borrowers typically retain possession of the vehicle during the loan repayment period; only the title is held by the lender.
- Loan amounts — amounts depend on vehicle value (year, make, model, mileage) and vary by state law; California title loans are regulated under the California Financing Law.
California Title Loan Regulations
California title loans are governed by the California Financing Law (CFL), administered by the DFPI. Key points for California borrowers:
- Title loan lenders in California must hold a valid CFL license; verify at the DFPI consumer portal.
- Title loan APRs can be very high — often exceeding 100% annually. Calculate total cost before borrowing.
- Defaulting on a title loan can result in vehicle repossession; lenders must follow California repossession procedures.
- California’s 36% APR cap (SB 539) applies to loans under $2,500; title loans above this threshold may carry higher rates.
Alternatives to Consider
Before taking a title loan, Los Angeles consumers should evaluate lower-cost alternatives including: personal loans from credit unions (often 10–18% APR for members), CDFI (community development financial institution) emergency loans, or employer-sponsored payroll advances. See our personal loan comparison guide for alternatives with lower APR.
Contact
CCS Title Loan Services – LoanMart Mid City is located in the Mid City area of Los Angeles. For loan inquiries, call 844-620-2274 or visit 800loanmart.com.