Car title loans in Minnesota
Census ACS 2020–2024 5-year estimates; NCUA June 2026 call report; FDIC BankFind, Oct 2026.
Minnesota title loan rules at a glance
| Governing law | A non-pawnbroker lender that takes a vehicle title as collateral for a short-term consumer loan ($1,000 or less with a minimum payment of more than 25% due within 60 days) must be licensed by Commerce, follow the vehicle-title pawn rules in § 325J.095 and stay within § 325J.07 charge limits. Banks, credit unions and auto dealers are exempt. (Minn. Stat. § 47.602) |
|---|---|
| Maximum loan | The title-loan statute covers loans of $1,000 or less. (Minn. Stat. § 47.602, subd. 1(d)) |
| Rate / fee cap | Total interest and fees may not exceed what a pawnbroker may charge: 3% per month of the amount advanced plus a reasonable storage/service fee (no more than $20 if the lender does not hold the property). Charges above the limit are uncollectible. (Minn. Stat. § 47.602, subd. 2(3); § 325J.07) |
| Repossession notice / right to cure | A vehicle covered by a title pawn may not be sold until 90 days after the vehicle is recovered. Title pawnbrokers must be licensed used-car dealers and verify liens and insurance. (Minn. Stat. § 325J.095) |
Title loans online in Minnesota
You can start a Minnesota title loan online: fill out the short form, then the lender values your vehicle from its details and photos or a quick inspection. You keep driving your car while you repay, and the lien is released when the loan is paid off. How online title loans work.
Estimate a title loan
Title loan calculator
Many title lenders lend 25%–50% of a vehicle's value, and you keep driving your car. Estimate only; your lender shows exact terms.
Credit services / credit access businesses
Minnesota's anti-evasion rule bars making, assisting or arranging a loan at a higher rate than allowed, by any method, and treats a party holding the predominant economic interest in the loan as the lender even if it calls itself an agent or service provider. (Minn. Stat. § 47.601, subd. 5a)
Compare neighboring states
Lenders must follow the law of the state where you live, not where you visit.
| State | Status | Max loan |
|---|---|---|
| Iowa | Limited | — |
| North Dakota | Limited | — |
| South Dakota | Not available | — |
| Wisconsin | Legal | $25,000, and no more than 50% of the vehicle's retail value. |
Title Loans by city in Minnesota
Counties in Minnesota
Show all 87 counties
Also see: Payday Loans in Minnesota · Personal Loans in Minnesota · All Minnesota loan options
Frequently asked questions
Are title loans legal in Minnesota?
Car title loans are allowed in Minnesota only from lenders licensed by the Department of Commerce (industrial loan and thrift or regulated lender), and charges are limited to the pawnshop maximum of 3% a month plus a limited storage/service fee.
How much can you get for a title loan in Minnesota?
The title-loan statute covers loans of $1,000 or less.
What interest can title lenders charge in Minnesota?
Total interest and fees may not exceed what a pawnbroker may charge: 3% per month of the amount advanced plus a reasonable storage/service fee (no more than $20 if the lender does not hold the property). Charges above the limit are uncollectible.
When can a title lender repossess my car in Minnesota?
A vehicle covered by a title pawn may not be sold until 90 days after the vehicle is recovered. Title pawnbrokers must be licensed used-car dealers and verify liens and insurance.
Can I get a title loan on a financed car in Minnesota?
Sometimes. If you still owe money on your car, some lenders may approve a title loan based on your equity, meaning the car's value minus what you owe. Others require a title that's fully paid off and in your name. Because policies vary, enter your vehicle and current loan details on our form, and lenders serving Minnesota will tell you what they can offer.
How much can I get for a title loan in Minnesota?
The amount depends mainly on your vehicle's value, along with your income and Minnesota rules. Lenders typically offer a portion of what your car is worth, so newer vehicles with lower mileage usually qualify for more. You'll see the exact amount and terms before signing. Enter your vehicle's details on our form to see what lenders may offer. It takes about 3 minutes.
Can I get a title loan online in Minnesota?
Yes. Many title lenders let you start and complete most of the process online. You enter your vehicle and income details, then upload photos of your car, title and ID instead of visiting a store. Some lenders may still ask for a quick in-person inspection. Funds are usually sent to your bank account. Start your Minnesota title loan request in about 3 minutes.
Can I refinance my title loan in Minnesota?
Often, yes. Some lenders let you refinance an existing title loan into a new loan with a different payment amount or term, and a new lender may be able to pay off your current one. Options depend on your vehicle's value, your income and Minnesota rules. Enter your details on our form to see what lenders in our network can offer you. It takes about 3 minutes.