Vehicle condition capture
Condition is captured as part of the loan application and determines the qualified loan amount, integrated with Black Book for valuation.
Partners →Title / auto equity
Lending against a vehicle, tracked properly
Vehicle condition capture driving the qualified loan amount, Title-Track qualification limits, title transfer handling, configurable APR and fees, and separate customer, loan, title and collection status codes.
Valuationdrives the qualified amount
4independent status code sets
Titletransfer and release tracked
Origination
The amount comes from the vehicle, not from a guess
Title-Track qualification
The qualified amount is restricted by Title-Track qualification rather than left to branch discretion.
Title transfer
Transfer of title to the lending company handled as a tracked step with its own status, through to release at payoff.
APR & fee configuration
Rate and fee structure configured per state and per loan product, applied at offer generation.
Servicing & collections
Status that reflects reality
A title loan has more moving parts than a balance. The borrower has a status, the loan has a status, the title has a status, and the collections effort has a status — and they are not the same thing.
QFund tracks customer, loan, title and auto-equity collection status separately, so a loan that is current with a title still in transit is distinguishable from one that is delinquent with the title held.
- Missed-instalment notices generated from loan state
- Late-fee grace periods configured per state
- Collection notices on the statutory schedule
- Separate customer, loan, title and collection status codes
- Title release on payoff as a tracked event
FAQ
Title lending questions
Where does the vehicle value come from?
From integrated valuation — Black Book is a pre-built integration — combined with the vehicle condition captured during application. The qualified amount is derived from those inputs and constrained by Title-Track qualification.
Is title status tracked separately from loan status?
Yes. Customer, loan, title and auto-equity collection status are four separate code sets, which is what lets you distinguish a current loan with a title in transit from a delinquent loan with the title in hand.
How are grace periods and notices handled?
Late-fee grace periods are configured per state, and missed-instalment and collection notices are generated from the loan’s actual state on the statutory schedule rather than assembled manually.
See it configured for your states
Bring your rate and fee structure for the states you operate in. We will set it up and originate a live loan against it.