ElitePersonalFinancehighly recommends that you stay away from auto title loans because:

Auto title loans are predatory.

Their APR average at 300%.

They often lead people into a debt cycle.

People put their collateral at risk.

There are many more options available, even for people with really bad credit. Here is what we recommend:

Apply for a personal loan. Many people with bad credit think that they have no chance to get approved, but they are wrong. Go to our list of personal loans for bad credit and apply with all of them. Try, you lose nothing. You should also read our guide on bad credit loans.

Try loan comparison sites. SuperMoney are the best of them. Register with them, and they will match you with all lenders in their networks. They work with all big lenders in America. It’s 100% free.

Try secured or cosigner loans.

Try alternative payday loans. You should also read our guide on alternative payday loans.

Wait and work on your credit score, if that is possible. Review your credit report for errors. Many credit reports contain errors. If you find some, report them instantly, and your credit score will boost in less than a month.

Banks don’t approve people with bad credit, don’t waste time. However, credit unions approve people with bad credit? Their APR is capped at 18%, which is not bad at all. Some credit unions have a payday loan alternative of up to 28%. Review our list of credit unions >>

Ask for a cash advance from your workplace.

Ask someone to help you.

Try loan apps. Review our list of loan apps>>

ElitePersonalFinance found the best auto title loan alternatives in January 2025!