FAQs

  • What Paperwork Is Needed?

    When you take out a vehicle title loan with us, you will need to have the following paperwork/documents:

    • Vehicle Title
    • Drivers License
    • Proof of Residency
    • Proof of Income ($1,500 monthly minimum)
    • Proof of Vehicle Insurance
    • The Vehicle (you must be the owner)
    • Must be 18 or Older
  • Is It Okay If I Pay My Loan Off Early?

    It is definitely okay to pay off your loan early. In fact, we encourage our customers to do so when they’re able to save money on interest. You won’t be charged any prepenalty payments so it’s perfectly fine to pay your loan off early if you so choose.

  • Do I Need To Have A Job To Qualify For A Car Title Loan?

    You do not necessarily need to have a job to qualify for a car title loan, but you do need to have a minimum monthly income of $1,500. The source of income can come from a job, disability, pension, social security, etc.

  • What If I Receive SSI Or Disability?

    When you apply for a title loan with Bravafi, your source(s) of income can come from more than just a job. If you receive disability or social security income, or another source, you can still qualify for a loan with us.

  • Can I Qualify For A Title Loan If I Have A Prior Loan?

    It depends on your circumstances, but Bravafi may be able to help even if you have a prior loan. However, your car must be paid in full to qualify for a title loan with us. If you have a prior vehicle title loan with another company and you are interested in potential refinancing options, we may be able to help depending on the amount left on your loan. Regardless, we encourage you to call us at (855) 211-5880 so that we can discuss your situation further and determine if any options are available.

  • Can I Get A Car Title Loan With Bad Credit?

    Yes! You don’t need to have perfect credit to qualify for a vehicle title loan with Bravafi. Rather than good credit, you will need a vehicle that holds enough value to secure the funds you need. You can have credit card debt, poor payment history or even poor credit, and still get approved for a title loan. In fact, we have helped residents rebuild their credit. When you make payments on time and the right amount, it can help build your credit since Bravafi reports to three large credit bureaus.

  • How Much Money Can I Receive?

    The amount of your loan will depend on the value of your vehicle. So say your vehicle’s current market value is $17,000. This means you can qualify for a loan up to $17,000. The maximum amount you can receive is $50,000. We also feel it important to mention that vehicles newer than 1999 often receive a higher loan amount, however the condition of your vehicle will play a role, even if it’s only a few years old.

  • Can I Keep My Car?

    When you apply for a title loan, you get to keep driving the car as usual. Your vehicle title will be transferred to the lender’s name, but you get to keep the car and continue using it daily, until your loan is paid in full. Once paid off the title is transferred back to your name.

  • Do I Need To Have A Certain Income To Qualify?

    We do require that you bring in a monthly income of at least $1,500. However, we also like to mention that this income can come from a variety of sources; SSI, disability, etc.

  • Can I Qualify for a Title Loan if I Have Poor Credit?

    While the majority of banks and lenders won’t even give you a second thought if you have a poor credit score, the benefit of title loans is that you can qualify even if you have less than great credit. Here at Bravafi we base your qualification on the value of your vehicle, so your credit won’t impact your ability to qualify.

  • How Can I Get A Vehicle Title Loan?

    Bravafi is your best resource for obtaining a car title loan online. We make it quick and hassle-free, cutting out the waiting times and stress commonly associated with obtaining a loan. We use a 3-step process to help you get a vehicle title loan with us:

    1. You can call us at (855) 211-5880 now to apply, or complete our online application that just takes a few minutes! If you have questions you can count on our loan officers to answer them.
    2. When you are qualified, we provide an esetimate of how much you qualify to receive. You can take the full amount or a lesser amount. Then you send us the necessary documents such as your driver’s license or ID, a copy of your vehicle title, your proof of income and proof of car registration and insurance.
    3. Then you’re done! Your loan is then processed and your money can be accessed through MoneyGram or wire transfer.
  • Can I Still Get a Title Loan if I Do Not Have the Title?

    With this type of loan, your title is the collateral to obtain a loan, therefore you would need to have the title to qualify for an auto title loan. The title must also be in the borrower’s name.

  • How Do I Get Qualified For An Auto Title Loan?

    In order to qualify for a title loan with us, your vehicle must be of value. You can actually find out how much you qualify to receive by completing our online application or giving us a call at (855) 211-5880 right now. Requirements to apply include:

    • You must be 18 years of age or older
    • You will need to show proof of monthly income; $1,500 minimum
    • Your vehicle must be registered and insured
    • You are the sole owner of the vehicle and have 0 car payments
    • You must possess the car title or have the pink slip
  • How Quickly Can I Access The Funds?

    This is a very common question and for good reason; most people need the money quickly. When your loan is approved with Bravafi, we deposit the funds in your bank account in as little as 24 hours. This process can be done faster by having all the documents and paperwork prepared ahead of time.

  • How Does A Vehicle Title Loan Work?

    If you own your vehicle, you could use it to obtain a loan. This is an ideal option if you don’t want to try and obtain a loan based on your credit. With a title loan, your vehicle is the collateral; not your credit. If you have poor or no credit, this might be the best option for you. More people qualify for this type of loan than traditional bank loans. As long as your vehicle holds enough value, you can get a loan in an amount up to the value of your car or vehicle.

    Once you have accepted a vehicle title loan, your title will need to be tranferred to the lender’s name for the duration of your loan. Once you have paid the loan in full, the title is tranferred back to your name. If you’re unable to repay the loan in full, your vehicle then becomes owned by the lender in order to pay off the loan.

  • What Is A Car Title Loan?

    This type of loan is secured, using your vehicle to back the loan. In other words, you are borrowing funds against your vehicle’s value. Your car’s value is used to determine how much you can receive. As an example – let’s say your car’s current market value is $6,000. This means you can borrow up to $6,000. And no, you don’t have to give up your vehicle when you get a car title loan. You keep using it daily like you always have. However, the title is transferred to the lender; this secures your loan. Therefore, if you’re unable to repay the loan, the ownership of your vehicle is transferred to the lender to cover your debt. Additionally, when you have paid back the car title loan in full, the title is tranfserred back to your name.