Car Title Loans in Missouri

Title loans are legal in Missouri under the Missouri Title Loans Law (RSMo 367.500 to 367.533). Loans Inc connects Missouri 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 Missouri law allows, who enforces it, and what to check before you sign.

Are title loans legal in Missouri?

Yes. The provisions that apply are RSMo 367.500 to 367.533; incorporating RSMo 408.100, 408.551 to 408.557 and 408.560 to 408.562, and chapter 400 (UCC); regulation 20 CSR 1140-29.010.

The operative language in the statute reads: “The title lender agrees to make a loan to the borrower, and the borrower agrees to give the title lender a security interest in unencumbered titled personal property”

Recent change: 367.509 (applicant qualifications, surety bond, fees, license display) amended by 2026 H.B. 2423, effective August 28, 2026. No other 2023-2026 amendments seen in the fetched sections (408.554 and 408.100 last amended 2021 S.B. 106).

Who regulates title lenders in Missouri

Title lenders in Missouri are supervised by the Missouri Division of Finance, Consumer Credit Section. 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 Missouri

No statutory cap stated: 367.515 requires simple interest and fees ‘in accordance with sections 408.100 and 408.140’, and 408.100 provides that on loans subject to it ‘any person, firm, or corporation may charge, contract for and receive interest on the unpaid principal balance at rates agreed to by the parties’. The monthly interest rate must be disclosed in the agreement (367.518.1(4)) and maximum rates posted in 14-point bold type in each office (367.525.3).

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 law says about cost in Missouri

Missouri law sets no maximum interest rate for this loan (RSMo 408.100). The lender sets the rate by contract and must disclose the APR, fees, and total cost in writing before you sign. Because there is no ceiling, no illustrative maximum can be shown for Missouri; read the disclosure carefully, compare offers, and see our costs and rates guide for how title loan pricing works.

Loan terms in Missouri

Minimum term: borrower has the right to redeem the title by repaying in full for any agreed period ‘not less than thirty days’ (367.512.1(3)). Renewals: lender must renew on the borrower’s written request and payment of interest due at renewal, but on the third and each subsequent renewal the borrower must reduce principal by 10% until paid in full (367.512.1(4)). Every title loan and each extension or renewal must be in writing and signed by the borrower (367.512.1).

Repossession rules in Missouri

On expiration or default the lender may proceed against the collateral only under chapter 400 and 408.551-408.557, 408.560-408.562 (367.521; 367.512.1(6); 367.531). Notice of default after 10 days’ default stating amount due and last day for payment (408.554); no acceleration, repossession or enforcement of the security interest until 20 days after the notice of right to cure; borrower may cure by tendering unpaid sums plus delinquency/deferral charges; cure right is lost after two prior defaults on the same transaction (408.555); any action after default must plead compliance with 400.9-601 to 400.9-629 for the disposition of collateral (408.556.1); deficiency recoverable only if the amount financed exceeded $500 and the unpaid balance at default is $300 or more (408.556.4); repossessed property may not be stored more than 15 miles from the originating office (367.527.1(9)); on obtaining possession the lender may sell and convey good title (367.512.1(7)).

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 Missouri law.

Your rights as a borrower in Missouri

Written, signed agreement containing all TILA/Regulation Z disclosures, a 10-point bold notice that the loan is secured by titled personal property and nonpayment may cause loss of the vehicle, lender name/address/phone/certificate number, the monthly interest rate, and a separately signed 10-point bold statement: ‘You may cancel this loan without any costs by returning the full principal amount to the lender by the close of the lender’s next full business day’ (367.518.1); pre-application signed notice in 10-point bold that the automobile title is pledged and may be lost, plus posted 14-point notice of maximum rates and the warning ‘Borrowing from this lender places your automobile at risk’ (367.525.1-.3); lender must consider the borrower’s financial ability to repay (367.525.4); no waiver of any borrower right or protection (367.527.1(3)); lien released and title returned when the loan is satisfied (367.512.1(5)); loans by unlicensed persons are null and void with the borrower liable only for principal (367.506.2); confession-of-judgment, wage-assignment and waiver-of-action clauses void (408.560).

How title loans work in Missouri: requirements and process

Lenders in our network typically ask Missouri 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 Missouri 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. In Missouri, the statutory maximum is $5,000 – a title lender shall not make a loan which exceeds five thousand dollars (367.527.1(2)); a loan made contrary to that section is void along with the lien (367.527.2). 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 Missouri

Before you borrow against your car, compare lower-cost options available to Missouri 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.