Could Your Car Unlock a Line of Credit?
Thousands of Americans use their vehicle's equity to access cash — without selling their car. See if you qualify in 60 seconds.
Free to check. No impact on your credit score.
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Do you own a car, truck, or SUV?
How Auto Equity Lines of Credit Work
An auto equity line of credit lets you borrow against the value of your vehicle while you keep driving it. Unlike a traditional auto title loan, modern auto equity products are structured as revolving credit lines — similar to a credit card — with competitive rates and no balloon payments. Your car serves as collateral, but you retain full use of it.
What You Typically Need to Qualify
- Vehicle year 2005 or newer
- Clear title or active financing with sufficient equity
- Valid vehicle registration and insurance
- US residency in an eligible state
Frequently Asked Questions
Will checking my rate affect my credit score?
No. The initial check is a soft inquiry, which doesn’t impact your credit score. A hard inquiry only occurs if you decide to proceed with an application.
Do I keep my car?
Yes. You continue driving your vehicle as usual. The lender places a lien on the title, but you retain full possession and use.
How much can I access?
Credit lines typically range from $500 to $10,000, depending on your vehicle’s value, condition, and mileage.
How fast is the process?
Many applicants receive a decision within minutes. If approved, funds can be available within days.
What happens if I can’t make payments?
Like any secured credit product, failure to make payments could result in the lender exercising their lien rights. Review all terms carefully before accepting.
Affiliate Disclosure: This page contains an affiliate link. If you check your rate and are approved through our lending partner, The Consumer Clarity may earn a referral fee at no additional cost to you. This does not influence our editorial content. See our full affiliate disclosure.