LoanMax Title Loans – 1228 Bobby Rush Blvd
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LoanMax Title Loans operates as a consumer finance provider specializing in auto title loans. The organization uses vehicle equity as collateral to extend short-term cash advances to qualifying borrowers, typically requiring a clear title, a valid photo ID, and the borrower’s ongoing ownership of the vehicle. The company positions its services as accessible based on the value of the borrower’s automobile, rather than credit history, enabling quick liquidity for individuals facing urgent cash needs. Its business model emphasizes local storefront presence, with offices that facilitate title transfers, loan disbursement, and repayment handling. Historically, LoanMax Title Loans traces its origins to the broader development of collateral-based lending in the United States during the late 20th century, expanding through a network of independent franchise-like operations. Primary functions include underwriting loans secured by titles, arranging payment methods, and providing customer-facing guidance on loan terms and repayment options. The organization’s operational scope centers on regulated markets within the United States, focusing on short-term collateralized lending services.
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Map Location
Services this business provides
Loan agency
Contact Information
Address
1228 Bobby Rush Blvd, Jackson, MS 39209
Phone
(601) 58-64-220Website
www.loanmaxtitleloans.netFrequently Asked Questions about LoanMax Title Loans
LoanMax Title Loans is a national chain that offers title loans and title pawn services across many states. Their core product is a short-term loan secured by the borrower's vehicle title, with loan amounts up to $10,000 in many locations. They also offer a title pawn or line-of-credit style option using the same collateral. For the Jackson, MS location at 1228 Bobby Rush Blvd, MS residents can typically expect similar offerings and eligibility requirements as the broader chain. For precise terms, contact the Jackson store or visit the nationwide site for details.
Title loans at LoanMax in Jackson follow a standard, simple process.
- Bring required documents: vehicle with clear title, photo ID, and proof of income or residence may be requested. You must own or have legal rights to the vehicle used as collateral.
- Visit the location, complete a loan application, and have the vehicle inspected. The loan amount is based on the car’s value and the lender’s policy. You’ll sign a loan agreement and receive funds if approved.
- Repay according to the agreed terms to avoid default; options may include cash, check, debit, or Western Union for payments. Renewal or rollover policies vary by location.
For the most accurate, location-specific details, contact the Jackson store at 1228 Bobby Rush Blvd or check LoanMax’s FAQs.
- Bring required documents: vehicle with clear title, photo ID, and proof of income or residence may be requested. You must own or have legal rights to the vehicle used as collateral.
- Visit the location, complete a loan application, and have the vehicle inspected. The loan amount is based on the car’s value and the lender’s policy. You’ll sign a loan agreement and receive funds if approved.
- Repay according to the agreed terms to avoid default; options may include cash, check, debit, or Western Union for payments. Renewal or rollover policies vary by location.
For the most accurate, location-specific details, contact the Jackson store at 1228 Bobby Rush Blvd or check LoanMax’s FAQs.
Mississippi title loan eligibility generally requires:
- You must be at least 18 years old and a resident of Mississippi.
- You must own a vehicle with a clean lien-free title in your name and be able to drive or verify its value through an inspection.
- You need a steady income or verifiable income to meet repayment terms, and a valid government-issued photo ID.
For specifics, contact the local lender or visit Mississippititleloansinc.com for detailed item lists and application steps.
- You must be at least 18 years old and a resident of Mississippi.
- You must own a vehicle with a clean lien-free title in your name and be able to drive or verify its value through an inspection.
- You need a steady income or verifiable income to meet repayment terms, and a valid government-issued photo ID.
For specifics, contact the local lender or visit Mississippititleloansinc.com for detailed item lists and application steps.
LoanMax Title Loans typically offers short-term title loans with repayment due within 30 days, though terms can vary by state and vehicle value. Interest rates are generally high and can exceed 100% APR, with possible additional lien or administrative fees depending on the state. You can repay early with no prepayment penalty in many locations, and payments are accepted in cash, debit, money orders, cashier’s checks, or online where available. For Jackson, MS specifics, contact the local store or visit LoanMax’s FAQ page for exact terms.
Mississippi governs title loans under the Title Pledge Act (Miss. Code §§ 75-67-401 to -449). Regulated activities include license requirements for lenders, maximum loan amounts, and terms, with a 30-day typical maximum term and interest-rate restrictions limited by state law. For precise, up-to-date details and any recent changes, contact the Mississippi Department of Banking and Consumer Finance or review the Mississippi Title Pledge Act provisions directly.