At Rapid Auto Loans, we provide quick short-term car title loans. From quick loan applications to easy payment plans, Rapid has you covered. Here’s a walk-through of how Rapid Auto Loans works. You will see how every process makes things easier for you as the client.

Our Easy Application Process

Our application process is simple. Once you have completed our online application, we determine your provisional loan amount. You will then set up an appointment with one of our authorized inspection centers located throughout Florida. Or, for added convenience, you can download our virtual inspection tool to assist you in applying for the loan from the comfort of your home. Once you’ve completed the appointment, we’ll receive the required information. The final step is the verification process which takes about 30 minutes. Once we approve your application, you leave the verification center with a check in hand. You can cash your check the same day at any bank. You can trust us with all South Florida car title loans.

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No Credit History Required

At Rapid Auto Loans we let our customers borrow despite their credit history. Customers can borrow money today based on the value of the car they own. Rapid Auto Loans provides customers with the ability to refinance their used car loan. The benefit is that they can do this without any transaction or credit history checks.

A Short One Year Contract

We give our clients a one-year contract term. This way you know that your loan will be fully paid up within a year. You also don’t have a loan looming over them for years to come. This short-term loan also results in a very low loan failure level. At Rapid Auto Loans, our loan failure risk is between 10-11%. This means that you as the client have a far higher probability of paying back your title loan in full.

Manageable Loan Amounts

Rapid Auto Loans offers direct, instant, and manageable loans. Our title loans average at just over $2,000. This amount is paid in monthly installments over 12 months. Because of our short-term loan arrangement, you don’t end up paying large amounts of interest. Our interest rates are regulated by the State of Florida. As a lender, we are authorized to offer rates between 18-30 percent per annum.

Here’s how our interest rates are calculated:

Finance Required Maximum Rate

  • $2,000 of principal 30% per annum
  • $2,000-$3,000 of principal 24% per annum
  • $3,000-$10,000 of principal 18% per annum
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Easy Payment Plan

Our finance plans are simple and easy. Your first payment isn’t due for 30 days from your loan date. We will never charge you a prepayment penalty. And interest is only charged for the time the loan is outstanding.

You have three convenient payment options including:

  • Mailing payment to us
  • Paying on our website
  • Paying at an authorized payment center (Select Walmart or 7-11 stores in South Florida)

We offer all our clients a 10- day grace period on every single payment. You also won’t be charged a late payment fee during the ten days. We are real people who understand that life can throw us curve balls.

High Customer Retention Rate

Rapid Auto Loans provides customers with immediate access to funds. We target the subprime market segment, which is often overlooked by lenders. By using our clients’ vehicles as collateral, we enjoy a high retention rate. We focus on exceptional levels of customer service. The result is that 40% of our sales come from returning clients. We know that you will enjoy the informative relationship that we build with our clients.

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Advanced Loan Tracking System

Our unique information management system allows for real-time tracking of asset quality. Known as the Contender system, we can track the full lifecycle of each customer’s loan. Our collection system also provides multiple points of contact with our customers. This allows us to collect payments from our clients in a timely manner. As the client, you will always be in the know about what you owe and when you need to pay.

All loans have a repayment period of 12 months and there is no minimum prepayment penalty. Interest Rates are determined and approved by the State of Florida based on the borrowed amount and the maximum APR (which includes interest rate plus fees and other costs for a year) is 30%. You pay interest only for the time your loan is outstanding. Below is a representative example of the total cost of the loan, including all applicable fees:



Government Fee


Credit investigative Fee


Documentary Stamp Tax


Total amount Financed


Original Loan Date




Monthly Payment (x12)