Car Title Loans in Massachusetts2026 Guide
Massachusetts prohibits high-interest title loans.
Legal Status & Regulations
Governing Law
Mass. Gen. Laws ch. 140, § 96
Last Reviewed: April 2026
Law Summary
Massachusetts prohibits high-interest title lending through its small loan laws (Mass. Gen. Laws ch. 140, § 96). The state enforces strict interest rate caps on consumer loans, typically limiting APRs to 23% or lower for small loans. This regulatory environment prevents the operation of traditional high-APR title lenders, ensuring that vehicle-secured loans remain within affordable limits for Massachusetts residents.
Real Rate Example in Massachusetts
A $1,500 loan in Massachusetts at a typical market rate of APR over 30 days would result in approximately $150 in interest and fees. Always compare multiple offers to find the most competitive rate.
What Documents You Need
- A clear vehicle title in your name
- A valid government-issued ID (Driver's License)
- Proof of residency (Utility bill, etc.)
- Proof of income or ability to repay
- The vehicle itself for a quick inspection
Ready to Apply in Massachusetts?
Check your options in minutes with no credit check required.
Title Loans Union Editorial Team
Consumer Finance & State Regulations Research
Our editorial team monitors state statutes, interest rate ceilings, and car title loan regulations across all 50 states. We analyze legal statutes, state regulatory filings, and consumer protection policies to provide clear, unbiased analysis of borrowing requirements and costs.
*Last reviewed: June 2026. Always verify with your state's financial regulatory body before applying. Laws change frequently.
Quick Info Card
Max Loan Amount
N/A
Max APR / Rate
N/A
Loan Term Range
Varies
Governing Body
MA Division of Banks