When unexpected expenses arise, and you need money quickly, a car title pawn from Alabama Title Loans, Inc. could be the solution. By using your car title as collateral, you can borrow up to $15,000 in fast cash, even if you have bad credit. This guide will walk you through the simple process of using your car title to secure a loan and explain the benefits of title pawns.

How Does a Car Title Pawn Work?

A car title pawn allows you to use your lien-free vehicle title to borrow money without selling your car. The amount you can borrow depends on your car’s value, but it’s possible to get between $300 and $15,000.

With a car title pawn, you can:

• Borrow money quickly, without waiting for lengthy approval processes.
• Keep and drive your car during the loan term.
• Get cash in hand on the same day or by the next business day.

Whether you need to cover urgent bills, medical expenses, or any other unforeseen costs, a car title pawn can help you get the money you need without credit checks or complicated paperwork.

Here’s why a title pawn can be a great option:

• No Credit Check: Approval is based on your car’s value, not your credit score.
• Quick Process: Start online, and you could get your cash within 24 hours.
• Flexible Loan Amounts: Borrow up to $15,000 depending on your vehicle's condition and value.

This loan is perfect for those who need fast cash and don’t want to deal with lengthy bank approvals.

These benefits make title pawns helpful in many situations, especially when you need cash urgently and have little time or energy to wait for other types of loans.

For example, you might need to catch up on your utility bills. That means you could face disruptions in those essential services and late fees or penalties.

In that situation, you can get cash quickly through a car title pawn to pay your bills and save money as you avoid those penalties.

As you can imagine, car title pawns can also help you in many other situations involving urgent payments.

What are the Requirements for a Title Pawn?

Earlier, you said that only a few requirements were needed to qualify for a title pawn.

Here are those requirements:

1. Firstly, you must be an adult to apply. That means you have to be at least 18 years old to proceed.
2. Next, you must provide your driver’s license to verify your identity and ownership of the vehicle. If you don’t have that, another type of state-issued photo ID will do.
3. Remember: it’s called a car title pawn, and that’s why you need your car title to apply. That title must be lien-free, which means it's free from any outstanding loans or judgments against the vehicle.
4. Lastly, you must have the car with you. You’ll have to bring that car for a quick inspection as you complete your application. Don’t worry, though. Whether or not your loan is approved, you’ll get to drive home with the car and keep it.

Take a quick look at the list above; you’ll know these requirements aren’t all that difficult to fulfill. That means you can get what you need quickly and start applying fast!

Can I Apply for a Title Pawn with Bad Credit?

Having perfect credit is different from the requirements for a car title pawn. Your ability to qualify will depend on other factors, like your car’s value and your ability to repay the loan.

So, whether your credit is good or bad, you can apply for a car title pawn now!

How to Apply for a Car Title Pawn

The requirements list isn’t the only short regarding title pawns. On top of that, the application process is also straightforward, involving these three steps:

1. Submit Your Information

You can start your application anytime just by submitting your basic information through the online form.

Just fill the spaces with your name, contact information, ZIP code, and car’s characteristics (e.g., make, model, year).

If you submit that form, it will pass your information to a representative at a nearby store location who will call you soon after.

2. Meet Your Loan Representative

The next part of the process is meeting your loan representative face to face at a time that you both agree to.

There, they’ll check your documents and inspect your car quickly to determine how much it’s worth.

Then, they’ll help you finalize your application with some simple paperwork.

3. Drive Away With Your Money!

If approved, you can get your money quickly, possibly even on the same day or by the next business day.

No matter the outcome, you’ll drive away with your car and keep it with you!

Apply for a Car Title Pawn Today!

Don’t wait for emergencies to catch you off guard. Whether you’re trying to save money by avoiding late fees on bills or making any other kind of urgent payment, Alabama Title Loans, Inc. is at your service! Just get in touch through the online form mentioned earlier to get the quick and easy process started.

Soon after you do that, a loan representative will contact you to walk you through the remainder of the application process.

 

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