Consumer Disclosures

FEDERAL & STATE COMPLIANCE

Freedom Title Loans advocates for transparent consumer credit usage and strictly adheres to federal and state regulations that necessitate the disclosure of vital information such as interest rates, rollover limits, fees, charges, and terms. Before you commit to any obligation, we ensure that you receive a comprehensive, written document detailing the precise rates, fees, and terms associated with your car title loan, installment loan, or payday loan, as mandated by federal and state laws.

SUBMITTING YOUR INQUIRY THROUGH OUR WEBSITE

Your inquiry submission on this website carries no obligations. Following your inquiry, a customer service representative from Freedom Title Loans will contact you to discuss your specific needs for a title loan, signature installment loan, or payday loan.

DETERMINATION OF INTEREST RATE/FEES/CHARGES

As previously mentioned, federal and state laws require us to provide clear disclosures regarding the terms and costs of consumer credit. Freedom Title Loans will fully disclose all rate and fee details at the location before you sign any agreement. It is essential that you carefully review all rate-related information provided by our customer service representative before committing to any agreement. You are not obliged to accept the terms proposed by Freedom Title Loans.

LATE PAYMENT POLICY

In the event of an unexpected emergency preventing you from making a payment according to the terms of your agreement, our representatives at Freedom Title Loans are trained to assist you in bringing your account back to good standing. For Title Loans: your vehicle will be used as collateral for Freedom Title Loans. If you fail to make a payment in line with your agreement, your vehicle may be repossessed and subsequently sold. Additional charges may be applicable.

REFINANCE POLICY

We do allow refinancing. Please refer to your agreement for the complete terms and conditions.

CREDIT CHECKS

There is a widespread misconception that a poor credit history may result in higher interest rates for title and payday loans. However, with Freedom Title Loans, your credit score does not influence the interest rates, fees, or charges applied to title, payday, or signature installment loans.

FAIR DEBT COLLECTION PRACTICES

Freedom Title Loans conducts all collection activities in strict compliance with the provisions of the Federal Fair Debt Collection Practices Act, enforced by the Consumer Financial Protection Bureau and other Federal Agencies. We adhere to all applicable laws, rules, and regulations. The Fair Debt Collection Practices Act prohibits certain actions, including:

  1. Contacting consumers by telephone before 8 a.m. or after 9 p.m.
  2. Using the phone with the intent to annoy, harass, or employing abusive language at any time.
  3. Collecting debts through deception or misrepresentation.
  4. Threatening legal action when no legal action is intended.

NON-DISCRIMINATION POLICY

In accordance with federal law, our institution upholds a Non-Discrimination Policy that strictly prohibits any form of discrimination towards applicants, prospective applicants, individuals associated with applicants, or customers based on criteria such as race, color, religion, national origin, sex, age, marital status, public-assistance status, exercise of rights under the Consumer Credit Protection Act, or other protected classifications. This policy applies throughout the entire loan process, from prequalification to application, underwriting, closing, funding, and servicing. For more information, please contact the Compliance Department at 208-505-8966.

  • What exactly is a title loan?

    A title loan is a form of loan that utilizes a vehicle’s title as collateral for the loan. For comprehensive information, our loan representative will provide you with details. Title loans are designed to address short-term cash flow needs and are not meant as long-term financial solutions.

  • What is the total loan amount, including interest and fees?

    For all loan terms and fees, please refer to your loan agreement. Before you sign the agreement, your loan representative will thoroughly explain all the terms and fees.

  • What are the qualifications for a title loan?

    All you need is your vehicle, its title, proof of income, and a photo ID. Freedom Title Loans streamlines the title loan process for your convenience, unlike our competitors. Our commitment is to offer exceptional customer service. The process is straightforward:
    1. Bring your car with a clear title to Freedom Title Loans
    2. Complete an application while our loan representative conducts a quick vehicle appraisal.
    3. Our loan representative will help you qualify for a loan amount based on your needs, your vehicle’s appraised value, your ability to repay the loan, and applicable state regulations.
    4. Once approved, you’ll receive the cash you need and still be able to drive your vehicle. This entire process can be completed in 30 minutes or less.

  • Is a checking account required?

    No, you do not need a checking account to qualify for a title loan at Freedom Title Loans

  • I have a poor credit history. Can I still qualify?

    Certainly! Whether you have good, bad, or no credit, you are welcome to apply for most title loan amounts. Freedom Title Loans is dedicated to helping you access the cash you require, regardless of your credit situation.

  • Is a driver's license necessary to obtain a title loan?

    While a driver’s license is not required, you do need a valid photo ID.

  • Will my personal information remain confidential?

    At Freedom Title Loans, we are committed to maintaining the confidentiality of all information you provide. You can find further details in our privacy policy on our website.

  • How old must I be to get a title loan?

    In Idaho, you must be at least 18 years old to qualify for a title loan.

  • Can I continue to drive my car, and do I get to keep it?

    Yes! In Idaho, you retain possession of your car when you take out a title loan.

  • Does Freedom Title Loans report to credit agencies if I default on my loan?

    Freedom Title Loans DOES NOT report to credit agencies in case of a loan default.

  • Where can I find a location near me?

    You can use the locator on the Freedom Title Loans website to find the nearest location.

  • What is a clear or lien-free car title?

    A clear or lien-free car title indicates that you fully own your car, with no outstanding loans or judgments against it. To qualify for a title loan with Freedom Title Loans, you must have a clear or lien-free car title.

  • How do I get started?

    To begin, fill out the online form on the left with your basic information. Afterward, a friendly Freedom Title Loans sales representative will contact you and explain the application process. Applications will be taken in person at the Freedom Title Loans location.

  • How much can I borrow?

    The amount you can borrow for a title loan depends on the value of your vehicle and your ability to repay. The maximum amount is $15,000.

  • What if my car title is not in my name?

    To secure a title loan with Freedom Title Loans, the vehicle title must be in your name. You’ll need to visit the DMV to have the title transferred to your name before applying for a loan.

  • How frequently can I obtain a title loan?

    The terms and frequency of title loans may vary. Please consult with a sales representative at the Freedom Title Loans location for all the specific details.

  • How is the value of my vehicle determined?

    The value of your vehicle is based on its value as indicated in a nationally recognized pricing guide, as well as the vehicle’s condition, assessed through a physical inspection.

  • How long does the approval process take?

    From the moment you step into one of our Freedom Title Loans locations, it can take as little as 30 minutes to be approved for a car title loan.