Since 1990, LoanMax has been there for borrowers needing cash fast through title loans up to $10,000 based on the equity of their vehicles.1 LoanMax eliminates red tape and offers a simplified online application followed up by a quick vehicle inspection at a LoanMax store location. Sometimes within 20 minutes or less, if approved, you leave with funding, and you stay behind the wheel as long as you make loan payments on time.
Partner Disclosure
Although we don't cover every financial product or company, we strive to offer a diverse selection of offers and objective editorial viewpoints from the Max Cash content team. Our partners and affiliates, which include some of the lenders we may recommend, have no bearing on our editors' opinions or ratings, which are dependent on internal opinion and derived from analysis and research. You can find a list of our partners here.
Pros and Cons of LoanMax
LoanMax can be a solid option for those seeking quick and flexible financial solutions through title loans.5
- Unemployed borrowers or those with bad credit may still be eligible for title loans
- Only a lien-free title, vehicle, and photo ID are required
- Fast 20 minute approval after the vehicle inspection at competitive rates4
- Funding is possible as soon as the same day with no prepayment penalties5 3
- Vehicle inspections offered at store locations only
- Not available to consumers nationwide
- Several states have maximum loan amounts below $10,000
- Defaulting or failing to make loan payments may result in vehicle repossession in some cases
How LoanMax Compares
to Other Options
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| Max Cash's Rating | |||
| Repayment Terms | N/A | N/A | N/A |
| Funding Timeline | Receive funds on the same day or by the next business day | Receive funding by the next business day, if approved | Receive funds on the same day or by the next business day |
| Bottom Line | With a super-fast approval process, LoanMax can put up to $10,000 in eligible borrowers’ hands the same business day, if approved.5 If you reside in a state where LoanMax operates and have a lien-free title, it can be an easy way to get much-needed cash. |
For consumers who own a lien-free vehicle title, Montana Capital offers title loans from $500 to $50,000 with funding available the same or next business day, if approved.5 Keep your keys and drive as usual the entire loan duration, you will just not be able to sell it. |
American Title Loans can only offer personal loans to eligible residents in the applicable states, but the inquiry process is convenient, fast, and flexible.5 |
Frequently Asked Questions about
LoanMax
LoanMax is a legitimate business that has been operating since 1990.
Call 877-511-2274 to speak with a friendly LoanMax agent near you.
LoanMax has not been accredited by the Better Business Bureau (BBB).
Ready to See if You Qualify for Funding?
Partner Disclosure
Although we don't cover every financial product or company, we strive to offer a diverse selection of offers and objective editorial viewpoints from the Max Cash content team. Our partners and affiliates, which include some of the lenders we may recommend, have no bearing on our editors' opinions or ratings, which are dependent on internal opinion and derived from analysis and research. You can find a list of our partners here.