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How does titlemax find your car? TitleMax typically locates your car by using a GPS tracking device installed during the loan approval process. This allows them to monitor the vehicle's location and ensures they can repossess it if the borrower defaults on the loan. TitleMax is a title loan company that provides short-term, high-interest loans using a borrower's vehicle title as collateral. The GPS tracking device serves as a precautionary measure to protect the lender's interests in case of non-payment.