Testimonials

Southwest is very customer friendly, they are quick and courteous. They went above and beyond in my emergency situation.
Scott N. - Scottsdale, AZ

I received great service and the most money on my vehicle. Southwest worked with me to get the best loan program that fit my needs.
Jennifer D. - Gilbert, AZ

Southwest has very reasonable rates and great customer service. I recommend this company to everyone I talk to that has any loan needs.
Josue B. - Tempe, AZ

I had a lot of medical bills, I had no health insurance and I needed cash fast. I got fast cash from Southwest. U guys r the best !!!!
Chris D. - Peoria, AZ

I shopped around the valley for top dollar on my vehicle and Southwest was the best. Their customer service was a great bonus.
Dawn G. - Glendale, AZ

FAQs

Title loans can be a great way to leverage the value that�?s in your paid off car and get access to cash for short term cash needs, unexpected bills or other emergencies

How does a title loan work?
A Title loan is a loan that is secured by your vehicle. You are pledging your vehicle as security on the loan. By doing this it lowers the risk on the loan, and that allows you to get a much larger amount at a lower rate than you would get with a payday or a personal loan. This also makes the process easier because we care more about the equity in your car than your credit score.

Do you hold the car?
No. You keep the car; we keep the auto title as collateral for the title loan.

Do I need to have good credit to get a title loan?
At Southwest Finance we do not run a credit check or factor in your credit score when approving you for a title loan- rather the loan is based on the value of your car. This is why Title loans are referred to as bad credit loans, because your personal credit does not matter

When should I not get a title loan?
This is a good question- If you are not going to be able to repay the loan then don’t take out a title loan.

What Kind of Fees are there to do a title loan?
We do not charge any fees outside of a one time $25 title transfer fee that the State charges.

Is there any prepayment penalty if I want to pay off the loan early?
No, we do not charge any extra fees. At any time you can pay your loan off and we will release your car title back to you.

If I pay down on the principal of my car title loan, is the interest figured on the original amount I borrowed? No, with Southwest Finance title loans you only pay interest on the amount of principal left on the title loan. This saves you money as you pay down the title loan

What is the loan term? How do I pay it back?
You call the shots! How do you want to pay it back? We provide our customers the ability to choose from various repayment options.

How long does it take to get a title loan? It takes approximately 20 minutes or less to do a title loan with Southwest Finance.

Do you charge anything to see if I qualify for the title loan?
No, we will not charge any fees to see if you qualify for a title loan

How much does my car have to be worth to get a Title Loan?
Generally a vehicle should have a minimum current wholesale value of $1000 to qualify. Southwest Finance does not charge anything to find out how much your car is worth. We take into consideration such things as year, make, model and vehicle condition.

Do I need to be currently employed to get a title loan?
No, as long as you have a source of income that will let you repay your title loan. Also poor credit does not make a difference to us because our title loan is a “no credit check” loan.

Can I be on disability or retirement?
Yes, as long as you can show that you have the ability to repay your title loan.

How much money can I borrow?
You can borrow as little as a couple hundred dollars and as much as $50,000. Our pink slip loans are based on the value of your vehicle, not your credit score.

What is the minimum I have to pay every month?
Every month you have to pay at least the interest due on your title loan. Anything you pay over that is deducted from the principal of your loan.

How much does it cost to get a title loan?
We do not charge anything for you to apply for a title loan. If on the chance your application is not approved, you will pay nothing. If you decide not to take the loan after your application is approved, you are not charged anything. We'll be glad to answer any of your questions before you sign the title loan documents.

If I qualify will I be approved immediately for my cash for car title loan?
Yes, with Southwest Finance you never have to wait for someone in another office to approve your title loan. You can get your cash in the same day.

Do I need an Arizona Certificate of Title?
Yes the vehicle needs to have an Arizona title. Converting an out of state title to an AZ title is not difficult. Give us a call at 623-321-2251 and we can help you.

Is a Title Loan the same as an Auto Pawn?
No where title loans are different & better is that you get to keep driving your car, we keep the title. Often with Auto Pawn your car is held as collateral and you lose the use of it.

When will my first payment be due?
Usually your first payment is due 30 days after we fund your title loan.

Does my car need to be paid off?
If you have a newer car with a few payments left we can sometimes work those payments into the loan.

How do you issues my funds from the Title Loan?
We give you a check from a local bank, which can cash the check for you.

What if I have a bankruptcy or bad personal credit?
As long as you are not currently in bankruptcy there is no problem. We want to work with you and look for reasons to make title loans. Bad or no credit is not a problem, our title loans are asset backed loans, based on the value of your vehicle not your credit score.

I am a business owner and I don't have time to come to your location. What can Southwest Finance do for me?
We have a mobile unit that can come to you. We understand that you are busy. Call us today @ 623-321-2251 for an appointment.

How and when do I get my vehicle title back?
When you complete your title loan by paying it off we will return your car title to you. Until that time we store it in a completely secure Arizona based location.

How do I apply for a loan?
There are 3 ways you can apply for a Southwest Finance Loan:

Fill in our online application
Stop by one of our 3 Phoenix area locations
Call one of our friendly staff at 623-321-2251

What documentation will I need to have ready for my title loan?

A copy of your driver's license.
The Arizona title for your car.
Proof of insurance on your car
Proof of your residence. This can be a utility or phone bill in your name mailed to the address on your application.
If you have a co-signer on the loan, we'll need an application from him or her as well as a copy of his or her driver's license, proof of residence, and proof of income.