Car Title Loans in Louisiana

Louisiana has no statute written specifically for title loans. A loan secured by your vehicle title falls under the Louisiana Consumer Credit Law (La. R.S. 9:3510 et seq.), which limits what a lender may charge: Tiered maximum loan finance charge for consumer loans by licensed lenders or supervised financial organizations: 36% per year on unpaid principal not exceeding $1,400; 27% on the portion over $1,400 to $4,000. Loans Inc connects Louisiana residents with participating independent lenders that offer this product. We are not a lender; the lender you are matched with decides whether to approve you and on what terms. This page explains what Louisiana law allows, who enforces it, and what to check before you sign.

Are title loans legal in Louisiana?

There is no title-loan statute; general consumer-loan rules apply. The provisions that apply are La. R.S. 9:3510 et seq.; rates La. R.S. 9:3519; definitions 9:3516(14), (22); delinquency 9:3527; prepayment 9:3531-9:3532; repossession La. R.S. 6:965-6:966.

The operative language in the statute reads: “The maximum loan finance charge for any consumer loan other than one made with a lender credit card that may be charged, contracted for or received by a licensed lender”

Who regulates title lenders in Louisiana

Title lenders in Louisiana are supervised by the Louisiana Office of Financial Institutions, Non-Depository Division. You can check whether a lender holds a current license through the regulator’s license lookup. Complaints about a lender go to the regulator and can also be filed with the Consumer Financial Protection Bureau.

Rate caps and fees in Louisiana

Tiered maximum loan finance charge for consumer loans by licensed lenders or supervised financial organizations: 36% per year on unpaid principal not exceeding $1,400; 27% on the portion over $1,400 to $4,000; 24% on the portion over $4,000 to $7,000; 21% on the portion over $7,000 (La. R.S. 9:3519(A)). Minimum loan finance charge of $15 (advance up to $200) or $25 (advance over $200) in lieu of all other finance charges (9:3519(E)). Delinquency charge on installments 10+ days late: 5% of the delinquent installment or $10, whichever is greater (9:3527(A)).

Separately, federal law caps the Military Annual Percentage Rate at 36% for active-duty service members and their dependents on most consumer credit, including title loans (Military Lending Act, 32 CFR Part 232).

Rates, fees, and repayment terms are set by the lender you are matched with and vary by state. Before you sign, the lender will give you a full written disclosure of the APR, fees, payment schedule, and total cost. Loans Inc does not set or guarantee any loan terms.

What the Louisiana cap means in dollars

Illustrative only. On a $1,000 loan for 30 days, the maximum finance charge allowed by La. R.S. 9:3519(A) (36% per year on principal up to $1,400) is about $30, for a total repayment of about $1,030. A lender may charge less than the maximum, and the written disclosure the lender gives you before you sign is the figure that counts. This is an illustration of a statutory ceiling, not an offer from any lender.

Repossession rules in Louisiana

Additional Default Remedies Act, La. R.S. 6:966, expressly available to persons licensed as lenders by the Commissioner of Financial Institutions under the LCCL (6:966(C)(2)): before using self-help repossession the secured party must send written notice to all debtors at their last known address of the right to take possession without further notice upon default, including in at least 12-point type ‘Louisiana law permits repossession of motor vehicles upon default without further notice or judicial process.’ (6:966(A)(2)); possession without judicial process only if it can be done without a breach of the peace (6:966(B)); after possession, disposal in any manner permitted by UCC Chapter 9 (R.S. 10:9-101 et seq.) or judicial procedures, with receipts applied per R.S. 10:9-601 and the secured party accounting to the debtor for any surplus (6:966(A)(3)); secured party retains Chapter 9 rights including recovery of any deficiency and seizure costs (6:966(E)); individuals physically repossessing must hold an OFI repossession agent license (6:966(D)); personal effects left in the vehicle must be returned on demand within 10 days and are deemed abandoned after 30 days (6:966(F)).

A title loan is secured by your vehicle. If you do not repay according to the loan agreement, the lender may repossess your vehicle. Late or missed payments may be reported and may affect your credit. If you are struggling to pay, contact the lender before the due date; the options available to you are set by the loan agreement and Louisiana law.

Your rights as a borrower in Louisiana

Consumer may prepay in full at any time (9:3531(A)); creditor must furnish the payoff amount within five days of a written request, one free statement per year (9:3531(B)); rebate of unearned precomputed charges on prepayment by the Rule of 78s after deducting a prepayment charge of not more than $25, no prepayment charge once more than half the term has elapsed (9:3532(A)); delinquency charge collectable only once per installment and not if the installment is paid within 10 days (9:3527(C)); creditor may convert a precomputed loan to simple interest after two installments are 10+ days late, with written notice (9:3527(D)).

How title loans work in Louisiana: requirements and process

Lenders in our network typically ask Louisiana applicants for:

• A vehicle title in your name, free of other liens
• A government-issued photo ID
• Proof of income or ability to repay
• Proof of Louisiana residence
• A vehicle inspection, often completed with photos

You apply once through our site; the lender you are matched with reviews the application and vehicle and makes the approval decision. Read how our matching service works and the difference between a direct lender, a broker, and a lead generator. Loan amounts up to $25,000, depending on your vehicle’s value, your state, and the lender you are matched with. Many lenders in our network can fund approved loans as soon as the same business day. Timing depends on the lender’s approval, when you apply, document verification, and your bank’s processing.

Alternatives to a title loan in Louisiana

Before you borrow against your car, compare lower-cost options available to Louisiana residents. Federal credit unions can offer payday alternative loans with capped rates; use the NCUA credit union locator to find one near you. Dial 211 or visit 211.org for local emergency assistance programs. Nonprofit counselors listed by the National Foundation for Credit Counseling can help with a repayment plan. Our guide to title loan alternatives compares each option and when it costs less.

Frequently asked questions

Sources

Loans Inc is not a lender and does not make loans in any state. The information on this page is drawn from the sources listed below and is provided for general education. The lender you are matched with is responsible for complying with the laws of your state. Last reviewed 15 September 2026 by the Loans Inc Editorial Team. Next review due March 2027.