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Part of the LoanMax Title Loans chain · locations
LoanMax Title Loans in Maplewood, MN
Maplewood, MN LoanMax Title Loans at 1694 White Bear Ave offers quick title and payday loans with same-day approvals.
Data compiled from public sources · Rating from CreditDoc methodology
LoanMax Title Loans Review
Located at 1694 White Bear Ave Suite 103 in Maplewood, MN, this LoanMax Title Loans branch serves the local community with accessible financial solutions. The standalone storefront is open Monday through Friday from 10 AM to 6 PM and Saturday from 9 AM to 2 PM, making it convenient for Maplewood residents to stop by during their regular hours.
This Maplewood location specializes in title loans and payday advances, designed to provide quick cash when you need it most. For questions about eligibility, rates, or to start your application, call +1 651-243-4480. The team here can walk you through the process and help determine which loan option best fits your situation.
If you're a Maplewood resident facing an unexpected expense or cash crunch, this location offers a faster alternative to traditional bank loans. Bring your vehicle title, valid ID, and proof of income—approval and funding can happen the same day. LoanMax focuses on quick, straightforward lending without the lengthy delays of conventional lenders.
Services & Features
Car title loans (auto title loans) up to $10,000
Check payments
Debit card payments
In-store cash payments
Multi-location network across metro Detroit, MI
Online loan application and registration portal
Online payment portal (Pay Online feature)
Same-day in-store cash disbursement
State-licensed operations with posted regulatory disclosures
Toll-free phone inquiry line (877-511-CASH)
Vehicle equity evaluation for loan approval
Western Union payments
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pros & Cons
Pros
- 35+ years in operation — founded 1990, one of the longest-tenured title lenders in the US
- Loans up to $10,000, higher ceiling than most payday or emergency cash lenders
- Minimal requirements: vehicle, photo ID, and clear title — no credit check required
- Four payment methods accepted: Cash, Check, Debit Card, and Western Union
- Saturday hours (9AM–2PM) accommodate borrowers who cannot visit on weekdays
- Licensed and regulated in multiple states with publicly posted rate schedules and license links
- Multiple metro Detroit locations (Southgate, Taylor, Garden City, Detroit, Center Line) for local access
Cons
- Interest rates and APR are not disclosed on the location or homepage — borrowers must visit in-store or call to get cost details
- Your vehicle is collateral — failure to repay can result in repossession
- Company's own Nevada disclosure acknowledges this is not a long-term financial solution
- Limited hours (closes 6PM weekdays, 2PM Saturday) compared to 24/7 online lenders
- No indication of a grace period, rollover policy, or early payoff terms on the public website
Rating Breakdown
Value 2.0
Effectiveness 1.5
Customer Service 2.2
Transparency 2.0
Ease of Use 3.9
Compare the Best Personal Loan Options
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Frequently Asked Questions
Is LoanMax Title Loans legitimate?
Yes. LoanMax Title Loans is a registered company, headquartered in 1694 White Bear Ave Ste 103, Maplewood, MN 55109.
Quick Facts
- Headquarters
- 1694 White Bear Ave Ste 103, Maplewood, MN 55109
- BBB Accredited
- No
- Starting Price
- Contact provider
- Setup Fee
- None
- Money-Back Guarantee
- No
CreditDoc Diagnosis
Doctor's Verdict on LoanMax Title Loans
LoanMax is best for vehicle owners in Michigan who need $500–$10,000 quickly and cannot access cheaper credit options such as personal loans or credit union PALs. The main caveat is that the vehicle serves as collateral and can be repossessed on default, and the company does not publicly disclose APR or fee schedules for Michigan on their location pages — making true cost comparison impossible without contacting the store directly.
Best For
- Vehicle owners who need fast access to cash ($500–$10,000) and hold a clear, lien-free title
- Borrowers with poor or no credit who cannot qualify for a personal loan or credit card
- Michigan residents who prefer in-person service over online-only lenders
- People facing a one-time short-term cash shortfall who can repay quickly to avoid prolonged interest
Updated 2026-04-29
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Financial Wellness Guides
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Read guide →Financial Terms Explained (10 terms)
New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.
Interest & Rates
APR — Annual Percentage Rate
The total yearly cost of borrowing money, including the interest rate plus any fees the lender charges. Think of it as the 'true price tag' on a loan.
Why it matters
Lenders must show APR by law (Truth in Lending Act) because the interest rate alone can hide fees. Comparing APR across lenders is the most reliable way to find the cheapest loan.
Example
You borrow $10,000 at 6% interest for 3 years, but there's a $300 origination fee. The interest rate is 6%, but the APR is 6.9% because it includes that fee. You'd pay $304/month and $946 total in interest.
Compound Interest
Interest calculated on both the original amount borrowed AND the interest that's already been added. It's 'interest on interest' — and it makes debt grow faster than you'd expect.
Why it matters
Credit cards and many loans use compound interest. If you only make minimum payments, compound interest is why a $3,000 balance can take 15 years to pay off.
Example
You owe $1,000 at 20% annual interest compounded monthly. After month 1 you owe $1,016.67. Month 2, interest is charged on $1,016.67 (not $1,000), so you owe $1,033.61. After 1 year without payments: $1,219.
MAPR — Military Annual Percentage Rate
A special APR calculation used for military servicemembers that includes ALL costs — fees, insurance, and add-ons — capped at 36% by federal law.
Why it matters
The Military Lending Act protects active-duty servicemembers and their families from predatory lending. Any lender charging above 36% MAPR to military is breaking federal law.
Example
A payday lender charges a $15 fee per $100 borrowed for 2 weeks. For civilians, that's technically legal in some states. For military: that works out to 391% MAPR — illegal under the MLA.
Usury Rate — Usury Rate (Interest Rate Cap)
The maximum interest rate a lender can legally charge in a particular state. Charging above this rate is called 'usury' and is illegal.
Why it matters
Usury laws are your main legal protection against predatory interest rates. But beware: some states have weak or no usury caps, and federal banks can sometimes override state limits.
Example
New York caps interest at 16% for most consumer loans (25% is criminal usury). If a lender tries to charge you 30% in NY, that loan is unenforceable — you could fight it in court.
How Loans Work
Collateral — Loan Collateral
An asset you pledge to the lender as security for a loan. If you stop paying, the lender can seize and sell that asset to recover their money.
Why it matters
Secured loans (with collateral) have lower interest rates because the lender has less risk. But you could lose your home, car, or savings if you default.
Example
A mortgage uses your house as collateral. A car loan uses your vehicle. A title loan uses your car title. If you miss payments, the lender can foreclose or repossess.
Fees & Costs
Late Fee — Late Payment Fee
A charge added to your account when you miss a payment deadline. Most credit cards charge $29-$41 per late payment, and many loans have similar penalties.
Why it matters
The fee itself hurts, but the real damage is to your credit score. A payment 30+ days late stays on your credit report for 7 years and can drop your score 60-110 points.
Example
Your credit card payment of $150 is due March 1. You pay on March 18. The bank charges a $39 late fee. If it's 30+ days late, it gets reported to credit bureaus and your 760 score drops to 670.
NSF Fee — Non-Sufficient Funds Fee
A fee your bank charges when a payment bounces because there isn't enough money in your account. Also called a 'bounced check fee' or 'returned payment fee.'
Why it matters
NSF fees hit you twice — your bank charges you AND the company you were trying to pay may charge their own returned payment fee. That's $50-70 for one missed payment.
Example
Your auto-pay tries to pull $350 for rent, but you only have $280 in checking. Your bank charges $35 NSF fee. Your landlord charges $25 returned payment fee. Total damage: $60 in fees.
Legal Terms
Usury — Usury (Illegal Interest)
The practice of charging interest rates higher than what the law allows. Usury laws set state-specific caps on how much lenders can charge.
Why it matters
If a lender charges usurious rates, the loan may be void, penalties can be reduced, or you may be entitled to damages. Know your state's limits.
Example
Your state caps consumer loans at 24% APR. An online lender charges you 36%. That loan may be unenforceable, and you might only need to repay the principal — no interest or fees.
Credit Cards
Cash Advance — Credit Card Cash Advance
Using your credit card to get cash from an ATM or bank. It's one of the most expensive ways to borrow — higher interest rate, immediate interest accrual (no grace period), and an upfront fee.
Why it matters
Cash advances are a debt trap: 25-30% APR with no grace period plus a 3-5% fee. Interest starts the second you withdraw, not at the end of the billing cycle.
Example
You take a $500 cash advance. Fee: $25 (5%). Interest: 28% APR starting immediately. After 30 days, you owe $536.67. After 6 months of minimum payments, you've paid $85 in interest on $500.
Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.
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