Indiana Title Loan Laws: Rate Cap, Terms and Repossession

By Lenditup Editorial Team · Law last verified October 2, 2026 · How we verify

Yes. Title loans are legal in Indiana, and lenders must follow the Indiana Uniform Consumer Credit Code — supervised loan provisions (IC 37-2-4).

Title loan rules in Indiana at a glance

Title loan rules in Indiana
Title-loan law	Indiana Uniform Consumer Credit Code — supervised loan provisions (IC 37-2-4)
Rate cap	36% / 21% / 15% tiered, or 25% per year — whichever is greater
Fees the law allows	Nonrefundable prepaid finance charge of $75 (principal $2,000 or less), $150 ($2,000 to $4,000) or $200 (above $4,000) (IC 37-2-4-35(h)); not inflation-adjusted
Rollovers and renewals	Refinancing and consolidation permitted (IC 37-2-4-8, 37-2-4-9); if a loan is paid off by a new loan from the same lender within 3 months, no new nonrefundable prepaid finance charge may be charged, and no more than two such charges in any 12 months (IC 37-2-4-35(j))
Repossession	Allowed after default
Owe the balance after the car is sold?	Yes, the lender may collect what the sale did not cover. Check the statute for any minimum balance
Lender license	Required (Indiana Department of Financial Institutions (DFI))
Statute	IC 37-2-4-35; IC 37-2-4-4; IC 37-2-4-23 (formerly IC 24-4.5-3-508, -201, -502, recodified by P.L. 115-2026 eff. 1 July 2026); 750 IAC 1-1-1

Source: IC 37-2-4-35; IC 37-2-4-4; IC 37-2-4-23 (formerly IC 24-4.5-3-508, -201, -502, recodified by P.L. 115-2026 eff. 1 July 2026); 750 IAC 1-1-1 (read the law). We last checked it against the statute on October 2, 2026. See title loan laws in every state.

Maximum rate on each part of the balance in Indiana

Maximum annual rate on each part of the balance in Indiana
Part of the balance	Maximum rate
First $2,600	36%
$2,601 to $5,200	21%
Above $5,200	15%

Each rate applies only to that part of what you owe, so a larger loan has a blended rate between them (IC 37-2-4-35(b)(1); $ amounts per 750 IAC 1-1-1). The rate cap above also has a rule the table doesn't show, so read it as the full rule.

What a title loan costs in Indiana

Under Indiana's rate rules, borrowing $1,000 for 12 months costs $206 in interest at the maximum rate, so you repay $1,206. That is a 36% rate before any fee: the fee the law allows is not in these examples, and the APR in the lender's disclosure must include it. Your offer may differ.

Example title loan costs in Indiana (interest only)
Loan	Term	Interest	Total repaid	Rate before fee
$1,000	12 months	$206	$1,206	36%
$3,000	12 months	$608	$3,608	35.5%
$5,000	12 months	$906	$5,906	31.9%

Indiana also lets lenders charge a fee on top of the interest: Nonrefundable prepaid finance charge of $75 (principal $2,000 or less), $150 ($2,000 to $4,000) or $200 (above $4,000) (IC 37-2-4-35(h)); not inflation-adjusted. A fee like this raises the APR, so compare the APR in the lender's written disclosure, which must include it.

What happens if you can't repay

If you fall behind, the lender can repossess your car. Read the default and notice terms in your contract before you sign. If the car is sold for less than you owe, the lender may be able to collect the difference. Some states allow this only when the unpaid balance is above a set amount, so check the statute or ask the lender.

If you think you will miss a payment, call the lender before the due date and ask what options it offers.

How to check a lender in Indiana

Title lenders in Indiana must be licensed (Indiana Department of Financial Institutions (DFI)). Search for the lender on the official license lookup before you sign. Lenditup does not check lender licenses for you (see how we verify).

Looking for a loan in Indiana?

A title loan puts your car at risk, so compare it with a personal installment loan first. If a title loan is still the right fit, you can send one request and see what lenders and lending marketplaces in our network offer.

Start a title loan request

Lenditup is not a lender. Sending a request does not mean you will be approved; each lender sets its own rates and terms within Indiana law.

Title loan questions for Indiana

01What is the most a title lender can charge in Indiana?

36% / 21% / 15% tiered, or 25% per year — whichever is greater. Your contract must show the APR before you sign.

02Can I roll over a title loan in Indiana?

Refinancing and consolidation permitted (IC 37-2-4-8, 37-2-4-9); if a loan is paid off by a new loan from the same lender within 3 months, no new nonrefundable prepaid finance charge may be charged, and no more than two such charges in any 12 months (IC 37-2-4-35(j)). Each renewal adds cost, so ask for the total you will repay.

03What happens if I can't repay a title loan in Indiana?

04How do I check that a title lender is licensed in Indiana?

Title lenders in Indiana must be licensed (Indiana Department of Financial Institutions (DFI)). You can look a lender up in the official license search.

05Is Lenditup a title lender in Indiana?

No. Lenditup is not a lender. We connect you with lenders and lending marketplaces in our network, and the lender you choose sets your rate and terms within Indiana law.

Title loan laws in other states

Compare every state side by side on the state title loan law table, or read how title loans work and what lenders ask for.

Are title loans legal in Indiana?