PRESTO review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Presto lends against a clean vehicle title, so it suits US drivers who need cash quickly and can put a car up as security. The catch is the price: an APR of 89.409% sits far up the cost table, and the term runs only 6 to 48.

Key facts

Best for
US drivers with a paid-off vehicle who need fast cash against the title.
APR
89.409% (Source, checked September 26, 2026)
Loan amount
$200 to $100,000 (Source, checked September 26, 2026)
Term
6 to 48 months (Source, checked September 26, 2026)
Funding time
Instant funding into your bank account (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Borrower must have a paid-for free and clear motor vehicle title to qualify (Source, checked September 26, 2026)
Loan types
Car, Secured (Source, checked September 26, 2026)
Credit needed
Poor (Source, checked September 26, 2026)
Headquarters
United States (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Features
Same-day funding
Official website
prestoloans.com

Apps and profiles

Get the app
Google Play

Pros and cons

Pros

  • Money reaches your bank account the same day you are approved
  • Loans from $200 to $100,000 cover both small bills and larger repairs
  • Presto lends directly, so you deal with one party rather than a broker
  • Support runs on email, phone and help centre

Cons

  • An APR of 89.409% makes the cost of borrowing the main drawback
  • Repayment terms run 6 to 48, a shorter window than secured rivals offer
  • You must hold a paid-for, free and clear vehicle title to qualify
PRESTO

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Scored 8.8 / 10 by BorrowCue.

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Who it suits

  • US borrowers whose credit is poor, since the vehicle does much of the work
  • Drivers using their car as security who value speed over a low rate
  • Anyone who wants a direct lender rather than a broker

Who should look elsewhere

  • Borrowers without a paid-off vehicle title
  • Anyone on a tight budget who can wait for a cheaper rate
  • Car owners who cannot risk losing the vehicle to missed payments

Where it sits among rivals

On loan amount, Presto ranks 503 of 685 brands, with a ceiling well above the typical personal loan. On APR it places 326 of 350, which is where the title-backed trade-off shows: more money available, a much heavier price tag for it.

How PRESTO compares

Where PRESTO is available

Available
United States

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What APR does Presto charge?+

Presto's published rate is an APR of 89.409%. That figure is the cost of borrowing on an annual basis, and it is the main number to weigh. Title-backed lending of this kind is usually priced well above an unsecured personal loan.

How much can I borrow from Presto?+

Borrowing runs $200 to $100,000. The lower end suits a bill or repair, while the upper end covers larger expenses such as vehicle work or debt. The amount you receive also depends on the value of the vehicle you put up.

What security does Presto need?+

Presto is a direct lender that lends against your vehicle. You need a paid-for, free and clear motor vehicle title to qualify, so the car is security for the loan and stays yours once it is settled.

How long is the repayment term?+

Terms run 6 to 48. That is a shorter window than many secured loans allow, which is one reason to check the repayment figure carefully before applying.

How quickly do I get the money?+

Funding is instant into your bank account, and same-day funding is one of Presto's listed features. Speed is the main draw, especially if you are dealing with an urgent repair.

What credit history do I need?+

The credit needed is listed as poor, which is the point of the product. The vehicle title does much of the work here, so a weak credit history is less of a barrier than at an unsecured lender.

What kinds of loan does Presto offer?+

Presto covers car loans and secured loans, both tied to a vehicle. There is no unsecured personal loan on the range, so the title is central to everything it offers.

How can I reach Presto?+

Support runs on email, phone and help centre. Phone and email are both listed, along with a help centre, so questions about a title loan can be raised before you commit.

Sources

  • prestoloans.com checked September 26, 2026

    Backs: Loan amount, APR, Credit needed, Eligibility, Features, Funding time, Headquarters, Lender type, Loan types, Support channels, Term

    “Loans from $200-$100,000”

Compiled from 1 source page, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee, Credit check, Representative example.

PRESTO

PRESTO

US drivers with a paid-off vehicle who need fast cash against the title.

8.8/10See alternatives

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