GEORGIA TITLE LOANS

SCHEDULE OF LOAN FEES AND CHARGES
Georgia
Effective June 2016

Thank you for your interest in Title Pro. Loans made by Title Pro in Georgia are made in accordance with Georgia Code § 7-4-2 and are not “payday loans” for purposes of Georgia Code § 16-17-1 et seq.

The complete schedule of fees and charges for our secured installment loan product is set forth below. If we do not have a current lien on the pledged motor vehicle collateral, we will impose a title lien filing fee of $18.00 (amount set by Georgia law). The title lien filing fee, which is included in the amount financed/loan principal, will be paid directly to the Department of Motor Vehicles from the loan proceeds.

36-Month Installment Loan
Loan Proceeds Title Fee Finance Charge Payment Schedule*
36 Payments of:
Total of Payments Annual
Percentage
Rate (APR)
$3,100$18 $ 2,021.92 $ 142.78 $ 5,139.9235.98%
$5,000$18 $ 3,254.13 $ 229.78 $ 8,272.1335.98%
$7,500$18 $ 4,875.32 $ 344.26 $ 12,393.3235.98%
$10,000$18 $ 6,496.52 $ 458.74 $ 16,514.5235.98%

*All loan examples above assume a monthly payment schedule with payments due on the same date of each month. The final scheduled payment amount typically differs from the standard payment amount. All Payment Schedules and APRs are examples only; actual monthly payment amounts and APRs may vary depending on the month and date of loan origination.

Available Loan Amounts: $3,100 to $10,100.00.

Loan Term: 36 months

Interest: 35.9% per annum, daily simple interest. Interest will continue to accrue on past due principal amounts until paid in full.

Lien Filing Fee: $18.00, which amount is included as part of the Amount Financed.

Prepayment: There is no prepayment penalty.

*Loan transactions completed before 4pm CST on the same business day may be eligible for same day funding.

To qualify for a Title Pro loan, applicants must satisfy all Title Pro eligibility requirements including, without limitation, an unencumbered motor vehicle title, satisfactory vehicle appraisal, verifiable identity, a minimum satisfactory FICO® score, valid and verifiable email address, valid and verifiable bank account and, in some states, minimum verifiable income. Applicants must be 18 years of age or older (19 in Alabama). Title Pro reserves the right to require all applicants to submit documentation to validate loan eligibility requirements. Available loan amounts, repayment periods and applicable finance charges vary by state and are governed by state law and the Title Pro loan agreement. Refer to the States and Fees page for further details on Title Pro’s licenses, available loan amounts, and loan pricing.

Title Pro currently does business only in South Carolina, Georgia, Alabama, California, New Mexico, and Utah. If Title Pro is not able to approve you for a loan, or if you reside in a state where Title Pro does not currently do business, you may request Title Pro to refer you to another creditor who may be able to assist you with your credit needs.

In South Carolina, Georgia, Alabama, California, New Mexico, and Utah, all Title Pro loans have a contractual term of 36 months. Following is a representative example of a $3,500 Title Pro loan.

Loan Proceeds Title Fee (amt. varies by state) Finance Charge Payment Schedule+ 36 payments of: Total of Payments Annual Percentage Rate (APR)
$3,500 $15.00 $2,279.30 $160.96 $5,794.30 35.98%

+ The loan example above assumes a monthly payment schedule with payments due on the same date of each month – actual monthly payment amounts and APRs may vary depending on the month and date of loan origination. The final scheduled payment amount typically differs from the standard payment amount.

- California customers: In California, the minimum loan amount is $2600. Loans are made by TMX Credit, Inc. d/b/a Title Pro, California Finance Lender Law License No. 603 J737. Refer to the States and Fees page for further details.

The minimum contractual term of a Title Pro loan is 36 months, and the maximum contractual term of a Title Pro loan is 36 months. The maximum annual percentage rate (APR) for Title Pro loans is 35.99%.