2016 UPDATED CHART -- A car title loan is a short-term cash loan, secured by the borrower’s title to a vehicle. State laws determine whether car title loans are authorized, the terms of the loans, and consumer protections for the loan or repossession of the vehicle if a borrower cannot repay in full when the loan is due.

CFA categorizes the legal status of car title lending, depending on whether this loan product is specifically authorized, whether title lending operates through legal loopholes, or are effectively prohibited.