Getting an Alabama title pawn may be a good option if you need some extra cash to tide you over in an emergency, but their utility actually goes far beyond what most people realize.

Alabama title pawns have advantages over other types of loans if you need a longer repayment schedule or a larger borrow amount. You can leverage the value of your car title to secure the pawn, meaning that lenders may be more willing to work with bad credit.

There are a number of advantages to a title pawn, and most people don’t recognize how they can be used to help you out of a pinch. The rest of this article will go over 5 useful bits of info to have on hand before getting a title pawn.

5 Things You May Not Know About Alabama Title Pawns

1. Title Pawns Can Be Done Online

Most people are familiar with the requirements of getting a title pawn. You need to go into the store, fill out a bunch of paperwork, and have your car inspected. If the store isn’t in a convenient location for you, that can make getting a title pawn more long-winded.

Nowadays, most direct lenders offer the ability to apply completely online, allowing you to fill out your information on their secure and private form so that lenders can review your application quickly.

In addition, some direct lenders will let you choose the location of the meeting to make it more convenient for you if you’d rather not go to the store for any reason.

2. Title Pawns Have The Best Terms For Larger Borrow Amounts

Because Alabama title pawns are secured, lenders are generally more willing to offer better, long-term pawns that are more useful if you need larger borrow amounts.

You can almost always borrow more money on a title loan than an installment loan or payday loan, depending on your eligibility, that is.

As such, if you’ve got a medical bill ranging in the thousands of dollars or a major home/auto repair, then a title pawn is a great option.

3. Title Pawns Require A Lien-Free Title

Another important fact about Alabama title pawns is that they require a lien-free title. Lien-free simply means that the title has no outstanding judgments against it and no individual or entity has a legal claim to it.

Make sure to pay off any liens or debts on your car title before you apply; otherwise, your direct lender will most likely turn you down for a title pawn.

4. Title Pawns Have Fast Turnaround

Another great feature of Alabama title pawns is that you can get the quick cash you need on the same day as you apply. If not, you’ll likely get it the next business day.

There’s no more waiting for callbacks or chasing around representatives; the process is extremely streamlined to get you the important cash you need to handle an emergency.

Especially around the holidays when there’s enough financial stress as it is, an emergency can really set you back. The ability to get Alabama title pawns so quickly is certainly a boon in hard times.

5. Alabama Title Loans, Inc. Offers Secure, Streamlined Pawns You Can Apply For Online

If you’re in need of a title loan, then you won’t want to miss this tip: Alabama Title Loans, Inc. can potentially get you a title loan from $300 to $15,000. To apply, make sure you have the following:

• Your driver’s license or state-issued ID
• The lien-free title to your vehicle
• Your vehicle for inspection

The application process typically takes as little as 30 minutes, and if you prefer, you can give the representative a place to meet rather than going to the store.

That gives you the flexibility of avoiding a drive to get a title pawn. You can also inquire online using our secure form, after which you’ll just need to wait for a representative to contact you about meeting.

At the meeting, make sure you have your required items and bring the car whose title you’re using for the loan.

The representative will go over those items with you and, based on their assessment, you’ll know whether you’re approved. Should you qualify, you’ll get the cash you need on the same day or the following business day.

Apply Online Today

There’s a lot of useful information when getting Alabama title pawns and getting started is as simple as filling out the form. Life can hit you hard, and when it does, you can rely on Alabama Title Loans, Inc. to help you out with pawns up to $15,000.

If there’s a medical emergency, major bills, or expensive business travel expenses you need to tackle, then consider filling out our online application today!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.