Kentucky car title loans
Kentucky law allows loans backed by a car title only in limited forms. See what the law says below, and take about two minutes to find out whether a lender may be able to help you.
- Funds in as little as 24 hours
- Borrow up to $50,000
- Bad credit? You may still qualify
- No store visit — the whole process is online
- Free, no obligation
- About 2 minutes
- Bad credit considered
Prefer to talk it through? Call (817) 618-3159
Kentucky title loan law at a glance
Kentucky law allows loans backed by a car title only in limited forms. Lending in Kentucky is overseen by the Kentucky Department of Financial Institutions (DFI). Here is what state law says, in brief.
KYKentuckyLimited by state law
- License
No title pledge license exists after the 2024 repeal; vehicle-secured consumer loans require a consumer loan company license under KRS 286.4 from the Kentucky Department of Financial Institutions.
- Rates
Kentucky's title pledge lending subtitle (KRS 286.10-200 to 286.10-285 and 286.10-991) was repealed by 2024 Ky. Acts ch. 152 (HB 726, signed April 9, 2024), so the Title Pledge Lender license no longer exists.
A vehicle-secured consumer loan may still be made by a licensed consumer loan company under KRS 286.4-530 at that statute's rates (3%/2.42%/2.25% per month tiers, up to $15,000), which contemplates certificate-of-title lien fees.
High-cost title pledge/title loan products are not available.
- Fees
If made by a consumer loan licensee: only the charges allowed by KRS 286.4-530, including fees for noting or releasing a lien on a certificate of title.
- The law
2024 Ky. Acts ch. 152 (HB 726), Section 43 (repealing KRS 286.10-200 to 286.10-285 and 286.10-991)
KRS 286.4-530
A summary for general information, not legal advice, last checked September 2026. Your lender sets your rate and terms, and they must follow Kentucky law.
Before you borrow in Kentucky
Check the lender's license
Because Kentucky law limits title loans, be careful with any offer. Before you sign, confirm the company is licensed to lend in Kentucky with the Kentucky Department of Financial Institutions (DFI).
Compare the whole cost
Look at the APR, the finance charge and the total of payments, not just the monthly payment. You can turn down any offer, and there's no penalty for paying early.
Know where to turn
If you have a problem with a lender, you can file a complaint with the Kentucky Department of Financial Institutions (DFI) or the Consumer Financial Protection Bureau.
Free help is out there
If a title loan isn't the right fit, a nonprofit credit counselor can help you make a plan for your bills, and legal aid gives free advice on debt problems. You can also reach 211 for local help with rent, utilities and food.
From title to cash in four steps
The whole process is online, so you can do every step from your phone.
Request a free estimate
Tell us your vehicle's year, make, model, mileage and ZIP code. It takes about two minutes.
Tip: Newer vehicles with lower mileage typically qualify for more.
Get your vehicle qualified
Your details are reviewed and your vehicle's value is estimated from current market data.
Send your documents
Upload a photo ID, proof of income (at least $1,500/month) and your vehicle title.
Tip: Having documents ready is the fastest way through.
Get your cash
Once you're approved and sign, funds can be sent by direct deposit, check or wire, in as little as 24 hours.
Disclosure and example of title loan rates & fees
Loan approval depends on meeting the lender's credit criteria, which may include providing acceptable property as collateral. The loan amount, term and Annual Percentage Rate you qualify for may vary. Repayment terms are greater than 90 days and up to 36 months. Loan proceeds are intended primarily for personal, family and household purposes. Minimum loan amounts vary by state. You must be able to demonstrate the ability to repay the loan.
Not every applicant will qualify for the representative examples below, and final rates, terms and fees may vary by lender. If you are offered a loan, you can review the complete offer before accepting it. Providing your information does not guarantee approval. There is no charge to use this website, and Champion Title Loans may receive compensation from lenders and advertisers.
| Number of months | Annual percentage rate The cost of your credit as a yearly rate | Finance charge The dollar amount the credit will cost you | Amount financed The amount of credit provided to you | Monthly payment | Total of payments What you will have paid after all scheduled payments |
|---|---|---|---|---|---|
| 12shortest term | 35.91% | $536.08 | $2,615.00 | $262.59 | $3,151.08 |
| 24 | 35.90% | $1,087.72 | $2,615.00 | $154.28 | $3,702.72 |
| 36longest term | 35.95% | $1,694.56 | $2,615.00 | $119.71 | $4,309.56 |
| 12 monthsshortest term | 24 months | 36 monthslongest term |
|---|---|---|
| Annual percentage rate (APR) | ||
| 35.91% | 35.90% | 35.95% |
| Finance charge | ||
| $536.08 | $1,087.72 | $1,694.56 |
| Amount financed | ||
| $2,615.00 | $2,615.00 | $2,615.00 |
| Monthly payment | ||
| $262.59 | $154.28 | $119.71 |
| Total of payments | ||
| $3,151.08 | $3,702.72 | $4,309.56 |
Disclaimers
- There are no penalties for making additional payments or paying the loan off early.
- APR is calculated assuming all installment periods are of equal length.
- Additional fees: Lien fee of $15.00 is financed.
- Additional fees: Prepaid documentation fee is $75.00 for loans up to $4,999, or 5% for loans of $5,000 or more.
- Lenders may use the FICO scoring method when credit score is a factor in determining creditworthiness.
- Maximum APR: 35.95%
See what your vehicle could get you
Free, no obligation, and it takes about two minutes.