FAQ Page

Most of our customers opt for a vehicle installment loan instead of an interest-only renewable, title loan. An installment loan acts like a very typical loan where payments are steady and predictable. Every payment puts some money toward interest and some money towards principle. Our loans are generally no longer than 12 months. Even if you have a 12-month loan, you are free to pay it off early with no prepayment penalty. Interest is calculated daily, so if you only have the loan for 18 days – you only pay 18 days’ worth of interest.

You will need to bring in the following things when you come in to your loan appointment:

1: Title
2: Spare Key
3: Proof of Income
4: Proof of Address

Without a spare key, we may still able to make a loan, but the maximum loan amount will be reduced.

We charge 12.5% per month, which equates to a 150% APR. Some circumstances allow us to charge even less like in the case of a long-time customer, high collateral to loan value, or other factors. We guarantee to be half or less than any other treasure valley title lender. Simply bring in your contract or show us the current rate!

In Person

Stop by our offices anytime during regular business hours, Monday through Friday.

In person we accept cash, check, money order, cashier’s check and credit/debit card (see card payment details).

Over the Phone

Pay with credit or debit card over the phone. PLEASE NOTE: Any amount charged over the minimum payment will be charged a 3.5% fee as assessed by our credit card processers.

Via Drop Box at Office

If it’s outside of business hours you can drop off payment at the office into our physical drop box located in the front door. Pay with cashier’s check, money Order or check. No cash! Please include contract # with payment.

Via Mail

Feel free to send payment via mail to our offices at:

Ideal Lending LLC
3915 W State St
Boise, ID 83703

Via mail we accept cashier’s check, money order or checks. No cash! Please include contract # with payment.

We lend on any property title by the DMV. This can be a boat, ATV, car, semi-truck, etc… We prefer Idaho titles, but can make exceptions depending on the circumstances. The title must be in the borrower’s name or the cosigner’s name. We are unable to lend on collateral that is being used as a residence. So an RV used for camping is ok, but if it is currently being lived in, we can not lend on it.