Whois & Analysis for titlemax.com

TitleMax, Inc. is a privately owned title lending business based in Savannah, Georgia.

The company has more than 1150 stores in eighteen states.

TitleMax serves individuals who generally have limited access to consumer credit from banks, thrift institutions, credit card lender and other traditional sources of consumer credit.

TitleMax offers a title loan product which allows customers to meet their liquidity needs by borrowing against the value of their vehicles while retaining use of their vehicle during the term of the loan.

Many locations are in former fast food outlets which the company renovates.

In the United States, a car title loan, is a type of secured loan where borrowers can use their vehicle title as collateral.

Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount.

When the loan is repaid, the lien is removed and the car title is returned to its owner.

If the borrower defaults on their payments then the lender is liable to repossess the vehicle and sell it to repay the borrowers’ outstanding debt.

In the United States the certificate of title for a vehicle (also known as a car title or pink slip) is a legal form, establishing a person or business as the legal owner of a vehicle.

Vehicle titles in the U.S. are commonly issued by the state Department of Motor Vehicles (DMV).

This article deals with the general concept of the term credit history.

For detailed information about the same topic in the United States, see Credit score in the United States.