What if I cannot payback within 30 days?

With a title loan, although the loans themselves are meant to be short-term 30-day repayment of the transaction, you are not required to payback the full amount borrowed plus the accrued interest on the maturity date. We do advise our customers that paying the loan in full within the first 30-days is the best and lowest costs that they will receive with a title loan, but it is not required. If you are unable to payback your title loan at the end of the 30-day period, you just have to pay at least your minimum payment, which is the interest accrued, to extend the pawn transaction for another 30-day period. Paying more than your minimum payment will reduce the outstanding principal balance and the interest due for the consecutive 30-day period.

Most customers are unable to payback their title loan within the first 30-days so if you find yourself unable to do so, do not worry, you are not alone! At Jacksonville Title, we can work with you as long as you need to keep the account open, just remember that only paying the minimum payment with any title loan is only going to pay the accrued interest and not reduce the balance that you owe. Whenever you can, we always recommend that our customers pay over the minimum payment to reduce the balance and the consecutive payments for their pawn transaction.

If you are a first-time borrower, you could qualify for our 30-day Interest Free Promotion which is valid for the life of your loan with Jacksonville Title! This means that if you are unable to payback your title loan within the first 30-days, you are not alone! When you are ready to payoff your title loan, Jacksonville Title will waive the interest due (up to 30-days) for your final payment, allowing you to only pay back your current principal balance and get your title back! Most companies that offer similar promotions, require you to payoff within the first 30-days in order to receive the promotion but at Jacksonville Title, we understand that it is not always possible to payoff your account within those first 30-days which is why we offer this promotion and allow all first-time borrowers to have this promotion be valid throughout the life of their account with us.

30-day Interest Free; Not all customers will qualify for 30-day Interest Free Promotion. In order to qualify for the 30-days Interest Free Promotion, you must meet the following criteria: 1) Have a lien free title to your vehicle that is valued at least $1,000; 2) Have verified, documented income of at least $1,000 a month after taxes; 3) Provide an acceptable proof of Residency such as a service bill or bank statement in your name. You must open an account with Jacksonville Title in order to receive the promotion. Promotion must be requested to a Jacksonville Title representative prior to the completion of your Motor Vehicle Pawn Transaction in order to qualify. Promotion only valid one (1) time, per customer.

Have questions? Jacksonville Title can help you get a title loan in just minutes! Call our friendly staff at (904) 880-2274 to get the answers to the questions you have! We look forward to assisting you!