Updated for June, 2025
What Is 5 Star Car Title Loans?
5 Star Car Title Loans (5starloans.com) is a lender that offers car title loans. A car title loan is usually a small, secured loan with a short repayment period that uses your car as collateral. In other words, a lender will lend you cash in exchange for the title to your vehicle. If you cannot repay the loan, the lender takes ownership of your vehicle.
Is 5 Star Car Title Loans legit?
Yes. The company was founded in 2012. And according to its website, the company has 30 locations in California and Florida.
Furthermore, there are no complaints reported online by the Better Business Bureau, which is a good sign. (The BBB is a private, nonprofit website that compiles reviews and complaints against businesses to help settle customer disputes).
5 Star Car Title Loans: What do they offer?
The company offers car title loans ranging from $1,000 to $50,000. They currently only serve residents of California and Florida.
The minimum loan amount for a 5 Star’s Title Loan in California is $2,600 and in Florida $,1000.
What Do I Need to Apply?
They disclose clearly on their website that not all applicants are approved. You must meet their requirements and fill out an application which will then be considered for approval. Allegedly, they claim this can take as little as 5 minutes.
You’ll need to provide the following in order to apply:
- Proof of identity
- Provide proof of income
- Proof of address (in either California or Florida)
- And proof you own a vehicle
What Do Other Customers Say?
When we dug a little deeper, we found mostly positive reviews for the company listed online. There are 12 Google reviews with an average of 4/9 stars. There are also 3 Yelp reviews with an average of 3.5/5 stars. The reviews tend to be complimentary and most customers praise the company for having good staff and customer service.
So what are the pros and cons of 5 Star Title Loans? Here’s what we found:
Potential Upsides
- Relatively easy qualification process
- Fast access to money
- Good customer reviews
- Multiple ways to repay your loan (including online or by phone)
Potential Downsides
- Only available in 2 states
- Potentially high interest / APR
- Risky loan type
A Deeper Dive into 5 Star Car Title Loans
In general, the website provides ample contact information as well as links to the company’s social media sites. Online, they claim that their APR ranges from 4.99% to 35.99%.
One major upside is that they offer 4 different ways to repay your loan:
- Pay by phone
- Pay by cash at your nearest bank
- Check/money order payments
- Online payments
The Risks of Car Title Loans
In general, car title loans tend to have very high interest and APR. For example, someone looking to borrow $500 might end up paying $125 in fees. At the end of the 30-day term, that person will owe $625. Many borrowers who need $500 in the first place, will not have the $625 when the time comes to repay it. If they are unable to repay, their vehicle will be repossessed.
Pros
- Fast cash
- Easier to qualify for than other loans
Cons
- High fees
- High APR
- You risk losing your vehicle
Classic Scam Warning Signs
These days it’s hard to know what’s legit and what isn’t, especially online. Though we believe 5 Star Car Title Loans is legit, scams and fake websites are everywhere. You should never be handing over social security numbers, bank account info, or credit card information unless you can trust the website. So here’s what we recommend to look for when comparing online lending websites.
Online lending companies should never:
- Freeze your bank account
- Remove money from your account without authorization
- Ask you to add more money into your account
- Contact you demanding money or unpaid taxes
- Call you out of the blue requesting personal info
- Request money be sent via prepaid or gift card
- Contact you with discounted rates and urge you to act immediately
Bottom Line
Overall, if you are in need of a car title loan, 5 Star Car Title Loans looks to be a legitimate lender that can loan you cash in a pinch. Historically, customers seem to be happy with their services. However, keep in mind that car title loans are expensive and risky. So although it seems like an easy fix to get fast money, you could be risking losing your car and falling into debt easily.
