As one of the few title loan options available in all census regions of the United States, ChoiceCash is excited to share title loan origination trends by census region and vehicle manufacturer.
Distribution of ChoiceCash Customer Payments by Payment Method As one of the premier title loan options in the United States, ChoiceCash takes pride in providing flexible repayment terms and several convenient payment methods. An analysis of customer payments made between January 2024 and August 2024 reveals that ChoiceCash customers take advantage of the multitude of […]
Even though an applicant’s credit score is not the primary factor for determining if a title loan application is approved, ChoiceCash does utilize a credit pull when processing loan applications. Based on 2024 year-to-date application data through August 28th, ChoiceCash is pleased to report the below average credit score trends for title loan applications by […]
ChoiceCash originations by Census Regions and Divisions reflect the strong demand for title loans in the Midwest and South of the United States. Based on ChoiceCash loans made between January 2024 and May 2024, borrowers residing in the South of the United States accounted for the majority of title loan demand, with 62.5% of credit […]
ChoiceCash originations by year and vehicle fuel-type reflect the slowly growing importance of vehicles
other than pure internal combustion engine vehicles in the vehicle stock in the United States.