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What is a pink slip loan?


“Pink slip loan” is a balloon term used to describe car title loans and automobile title loans. Pink slip is synonymous with “vehicle title” and therefore a pink slip loan is the same thing as a title loan. The term is sometimes preferred, as it better describes the conditions of the loan, where the lender obtains the pink slip for a vehicle in exchange for lending a percentage of the vehicle’s equity to a borrower. Although the lender technically owns the vehicle during the loan period, the borrower is allowed to maintain use of the vehicle while loaning. After the loan has been repaid, the pink slip is returned to the borrower, its original owner. Sound simple? It is! Don’t wait any longer. Fill out our online application, on the left, today to get started.

Trading Financial Credit, LLC may act as the broker for the loan and may not be the direct lender. Loan proceeds are intended primarily for personal, family and household purposes. Trading Financial Credit, LLC does not offer or service student loans. California loans are made or arranged pursuant to a California Financing Law License : 603-8192. Arizona: Loans made pursuant to Arizona Department of Financial Institutions.

New Mexico: Loans made pursuant to New Mexico Regulation and Licensing Department Financial Institutions Division Small Loan Company License. Small Loan License 02069

*Credit approval is subject to Trading Financial Credit, LLC credit criteria standards. Actual loan amount, term, and Annual Percentage Rate of the loan that a consumer qualifies for may vary by applicant. Minimum loan amounts vary by state. Consumers need to demonstrate ability to repay the loan.

*Application processes could take five (5) minutes to complete. Upon completion, a conditional approval may be given pending review of documentation. Funding time is based on the time from final approval following receipt and review of all required documents and signing, prior to 5PM PST on a business day.

*Trading Financial Credit, LLC dba TFC Title Loans, Car Title Loans California, Dineromax. If you are using a screen reader and are having problems using this website, please give us a call at 1-844-242-3543 for immediate assistance.