Incredible Car Title Loan Company References. A title loan is a type of loan that requires an asset as collateral. A title loan may offer a monthly finance fee of 25%, but that translates into an apr of 300%, plus any additional fees.

Title loans often have monthly finance fees as high as 25%, which translates to an apr of about 300%. Title lenders often add other. The average car title loan borrower pays about $1,200 in fees for the average $1,000 loan.