How Title Loans Work: A Complete Guide
Everything you need to know about title loans - from application to repayment.
Read Article
State Guide
Last Updated:
Content reviewed quarterly
Title Loans in Missouri
Missouri has an active title loan market with minimal state restrictions on rates or loan amounts. Learn about Missouri title loan laws, requirements, and how to find a legitimate lender.
Find Missouri LendersTitle Loans Legal
Yes
Regulated By
Missouri
Max Loan Amount
No statutory cap
Max Interest Rate
No cap
Cooling-Off Period
None
License Required
Yes
Title Loans in Missouri: What You Need to Know
Missouri has an active title loan market with minimal state restrictions on rates or loan amounts. The Division of Finance oversees lender licensing. Borrowers should compare offers carefully as costs can vary significantly between lenders.
How Title Loans Work in Missouri
Missouri title loans work by using your vehicle title as collateral. Lenders assess your vehicle's value and offer a loan amount typically at 25-50% of that value. You keep driving your car while making payments according to the agreed terms.
Missouri Title Loan Regulations
The Missouri Division of Finance regulates title lending. While lenders must be licensed, Missouri maintains few restrictions on interest rates or loan amounts.
- Lenders must be licensed with the Missouri Division of Finance
- Maximum loan amount: No statutory cap
- Maximum interest rate: No cap
- Cooling-off period: None
Typical Terms in Missouri
While terms vary by lender, here's what you can typically expect:
- Loan amounts: $100 to $10,000+ depending on vehicle value
- APR1: Often 150% to 300% or higher
- Loan terms: Usually 30 days to 12 months
- Loan-to-value: Typically 25% to 50% of vehicle value
Missouri Requirements
- Be at least 18 years old
- Have a valid Missouri driver's license or ID
- Own a vehicle with a clear Missouri title
- Provide proof of income
- Have proof of Missouri residency
- Provide vehicle registration and insurance
Regulatory Authority
Missouri title loans are regulated by the Missouri Division of Finance.
Visit Missouri Website →To verify a lender is licensed, search their database or call (573) 751-3242.
Important Warning for Missouri Borrowers
Before taking out a title loan in Missouri:
- • Missouri has no interest rate caps on title loans
- • APRs can be very high - often 200% or more
- • Compare multiple offers before committing
- • Consider alternatives like credit union loans
- • Vehicle repossession is possible if you default
Title Loans in Major Missouri Cities
TitleHarbor connects you with licensed title loan lenders throughout Missouri. Find detailed information about title loans in your city below.
Title Loans in Kansas City, Missouri
Population: 510,000+|Metro: 2.2 million
Transportation hub and tech startup scene. Spans two states (Missouri and Kansas).
Why Kansas City Residents Choose TitleHarbor
- Fast funding2 available in Kansas City
- Licensed lenders serving Kansas City residents
- Keep driving your car while repaying
Title Loans in St. Louis, Missouri
Population: 300,000+|Metro: 2.8 million
Healthcare, biotechnology, and manufacturing. Home to the iconic Gateway Arch.
Why St. Louis Residents Choose TitleHarbor
- Fast funding2 available in St. Louis
- Licensed lenders serving St. Louis residents
- Keep driving your car while repaying
Title Loans in Springfield, Missouri
Population: 170,000+
Healthcare and education center. Third-largest city in Missouri.
Why Springfield Residents Choose TitleHarbor
- Fast funding2 available in Springfield
- Licensed lenders serving Springfield residents
- Keep driving your car while repaying
Title Loans in Columbia, Missouri
Population: 125,000+
Major university town with education and research. Home to the University of Missouri.
Why Columbia Residents Choose TitleHarbor
- Fast funding2 available in Columbia
- Licensed lenders serving Columbia residents
- Keep driving your car while repaying
All Missouri Cities We Serve
Our network of licensed lenders serves borrowers throughout Missouri, including:
Kansas CitySt. LouisSpringfieldColumbiaIndependenceLee's SummitO'FallonSt. JosephSt. CharlesBlue Springs+ All other Missouri cities
Frequently Asked Questions About Title Loans in Missouri
Get answers to common questions about getting a title loan in Kansas City and other Missouri cities.
How quickly can I get a title loan in Kansas City?
Most borrowers in Kansas City can get approved for a title loan within 30 minutes of applying. Once approved, you can typically receive your funds the same day or within 24 hours. The speed depends on when you apply and how quickly you provide the required documents. TitleHarbor connects you with licensed lenders in Kansas City who specialize in fast title loans and same day funding.
Are there title loan locations near me in Kansas City?
Yes, TitleHarbor works with multiple licensed title loan lenders throughout Kansas City and the surrounding areas. When you submit your information through our platform, we'll connect you with lenders who have convenient locations near you. Many of our partner lenders also offer mobile services where they come to you for vehicle inspection and loan finalization.
What are the average title loan amounts in Kansas City?
In Kansas City, title loan amounts typically range from $1,000 to $10,000, depending on your vehicle's value, condition, and equity. The average loan amount is around $2,500 to $3,000. Lenders generally offer 25% to 50% of your vehicle's current market value. TitleHarbor's partner lenders in Kansas City provide free vehicle appraisals to determine exactly how much you can borrow.
Can I get a title loan with bad credit in Kansas City?
Absolutely. Bad credit title loans are available throughout Kansas City because lenders focus on your vehicle's value rather than your credit score. Your car serves as collateral, which means most lenders don't run traditional credit checks or base approval decisions on your credit history. TitleHarbor specializes in connecting borrowers with bad credit to understanding lenders who approve based on your ability to repay and your vehicle's equity.
What documents do I need for a title loan in Kansas City?
To get a title loan in Kansas City, you'll need: (1) Your vehicle title in your name showing you own the car free and clear, (2) A government-issued photo ID like a driver's license, (3) Proof of income such as pay stubs, bank statements, or benefit letters, and (4) Proof of residence like a utility bill or lease agreement. Most borrowers already have these documents on hand, which is why the approval process is so quick.
Tips for Missouri Title Loan Borrowers
Check Lender License
Verify your lender is licensed with the Missouri Division of Finance before providing personal information.
Shop Around
Without rate caps, costs vary widely. Get quotes from multiple lenders to find better terms.
Understand Total Cost
Calculate the total amount you'll repay including all fees and interest before signing.
Plan Repayment
Have a solid plan to repay the loan. Avoid rollovers that increase your total cost.
Title Loan Resources & Guides
Learn more about title loans with our comprehensive guides. Understanding your options helps you make better financial decisions.
Title Loan Requirements: What You Need to Qualify
A detailed breakdown of what you need to apply for a title loan.
Read ArticleUnderstanding Title Loan Interest Rates and APR
Learn how APR works and what rates to expect.
Read ArticleHow to Avoid Title Loan Scams
Protect yourself from predatory lenders.
Read ArticleWhat Happens If You Can't Repay Your Title Loan?
Understand your options if you face repayment difficulties.
Read ArticleAlternatives to Title Loans
Explore other options before deciding on a title loan.
Read ArticleOther State Guides
Looking for information about title loans in another state?
Find Licensed Missouri Lenders
Connect with licensed title loan lenders operating legally in Missouri.
Start Your Application