getting first title pawn

5 Helpful Tips For Getting Your First Title Pawn

For those, who’ve never had to get a non-bank loan before, the idea of getting a title pawn may seem a little daunting. If you’re trying to figure out how to get your first title pawn without wasting extra time, then this article is for you.

The process of getting an Alabama title pawn is quick, straightforward, and has been simplified to the max, to ensure the comfort of our clients. There are only a few requirements, and a little extra work before getting the process rolling can go a long way towards facilitating a smooth process.

Here’s What To Keep In Mind When Getting Your First Title Pawn

1. Have A Valid Identifying Document Ready

No licensed vendor can work with underage borrowers. At least if they want to keep their license, that is. To qualify for a title pawn, you need a valid state-issued identifying document, verifying your identity and legal age. This can be either a photo ID card or a driver’s license. But without either, you’ll get automatically disqualified.

2. Make Sure Your Car Can Be Used For The Pawn

The maximum amount you qualify for will be determined by your car, its condition, make, and model, and its value is determined bin accordance with a nationally recognized guide and its state.

However, it’s not the car itself that will act as collateral. It’ll be the car’s title. For your title to be able to act as collateral it needs to be:

  • Completely lien-free – no outstanding financial obligations of any kind can be placed against it, you must own your car outright;
  • In your name – if the title isn’t in your name, it cannot act as collateral, regardless of how long you’ve owned the car. Even if the person whose name is on the title gives written permission for it, you’re still not eligible. You must transfer the title to your name at the local DMV before applying.

3. Don’t Worry About Your Credit Score

We welcome all clients, regardless of their credit situation. As title loans are secured with collateral, the qualifying terms largely depend on your required items satisfying our standards. If they’re up to par, you can get approved for your first title pawn even with bad credit.

On the other hand, you don’t have to worry about the title pawn bringing your credit score down either. We don’t report our loan information to any credit agencies, so the pawn doesn’t influence your score in any way.

credit report to figure out how to get title pawn

4. Always Ask Questions When Talking To The Loan Representative

Our loan representatives are here to ensure the process goes as smoothly as possible, and they’ll provide the required information during the phone call. But it’s natural to have additional questions as a first-time borrower.

Don’t be afraid or shy away from asking. There are no stupid questions when it comes to your first title pawn. They will do a much better job helping you if you help them first and point towards stuff you don’t understand.

5. Start The Pawn Application Process Early In The Day

If this is your first title pawn, you may not know about this - but unlike a bank, the waiting period before you get your cash is insignificant. The application-approval process usually takes under an hour – sometimes as little as just 30 minutes. If you get approved, you get the cash you qualified for either the same or the following bank business day. The earlier in the day you start the application process, the greater the chance that you’ll be done and receive the cash the same day.

This Is How You Get Your First Title Pawn

If you’ve got the required items taken care of, getting your first title pawn should be quite easy. You don’t even need to visit the store to kick off the process. Just fill out and submit the online form for a title pawn online.

As soon as the form gets processed, you’ll get a call from the loan representative from the local branch. They’ll provide further information about the process and set up a meeting with you. It can either take place at the store or another convenient location if you don’t wish to visit the store. Drive your car to the meeting, and make sure you’ve got the documents with you.

The loan representative will need to inspect everything to determine if you qualify for the loan, the maximum amount, and the repayment terms. If you get approved, you’ll get the cash you need on the following business day at the latest.

applying for title pawn over the phone

Get Your First Title Pawn Today!

If you follow our tips, getting your first title pawn should be smooth sailing! Get started right today either by calling us at 800-514-2274 or filling out a short inquiry form on our website. Our representatives will be happy to assist you!

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


Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.