fast online loan on car title

How To Get Fast Loans On Car Titles

Getting fast loans on cars is something you might consider if you’re facing a tough financial situation. Whether your car’s broken down, your home needs important repairs, or you’ve fallen behind on your rent, vehicle title loans are an option you can rely on to get you out of a bind. Here’s how loans on cars can help you out.

Alabama Title Loans, Inc. offers title pawns up to $15,000 usable for covering emergency expenses. To get a pawn, get started by filling out our online inquiry form and waiting for the store to get in touch with you.

Borrowing money using our process is extremely straightforward and painless. In this article, you'll learn how these loans work, when you might consider one, and how to get one.

How Do Title Loans Work?

To understand how to get fast loans on your car, you need to know about title loans. Title loans are a secured type of loan using your paid-off, lien-free car title as a form of collateral. The direct lender you choose will keep your car's title when you take out the loan, and you’ll get it back once you’ve completed your last payment on the loan. Of course, you can still drive while you are taking out a loan.

Direct lenders offer much more convenience and expedience than traditional lenders, and, as a general rule, you’re more likely to be eligible for a loan through a direct lender. As such, if you’re after fast loans on the car title, then direct lenders should be your go-to option.

person looking into empty wallet with text How To Get Fast Loans On Car Titles

When Is It Right To Get Vehicle Title Loans?

Before you dive into a pawn without thinking, it’s worth making sure you have a good reason for getting one. Title pawns are a short-term cashflow solution, not a long-term solution to financial difficulties.

As such, if you’re struggling repeatedly to keep your finances in order, then a title pawn might not be the best choice for you.

On the other hand, if you have emergency payments that you need to make or a life emergency has hit you out of the blue, then you might consider taking out a title pawn in order to leverage the value from your car's title in your favor.

Some extra cash to tide you over in a financial emergency can make all the difference in some situations.

How To Get Loans On Car 

Now that you understand how title loans work and whether it’s the right time for you to get one, it’s time to proceed to just how to procure one. The good news is that it’s very simple. From start to finish, our process can take as little as 30 minutes.

To get started with a title pawn, fill out the convenient online inquiry form provided by Alabama Title Pawns, Inc. Once you’ve filled out the form, you’ll be connected with a licensed representative who will explain the rest of the loan process to you and give you an idea of what sort of money you could get.

You’ll also establish what your monthly payments will be and be given the chance to choose a meeting place that's right for you.

The pawn specialist will need to review your required title pawn items, but the good news is that you can choose a location that’s optimal for your needs if you’d rather not visit the office for any reason.

You’ll need these items to qualify for a title pawn:

  • Driver’s license or state-issued ID
  • Lien-free vehicle title
  • The vehicle itself

Bring these three items to the meeting with your representative, and you’re well on your way to getting a title pawn. The licensed specialist will review your required items and let you know whether you’re eligible for title loans.

Should you qualify, you can receive the emergency money you need later that day or the subsequent day of business.

Man received title pawn in Mobile, Alabama

FAQs About Title Pawns:

When you're looking to secure a fast loan on your car, a few questions may arise.

Do I Keep My Vehicle?

Alabama Title Loans, Inc. will let you use your vehicle even while you’re paying off the pawn. Just be sure to keep to the monthly payments agreed upon in your contract.

What Is Lien-Free?

It’s an important requirement that your car title is lien-free; otherwise, you won’t be able to seek loans. Lien-free is a term that means your car title has no outstanding legal claims against it.

If a third party has some claim to your title, then make sure to address them before seeking a title loan.

Does The Title Need To Be In My Name?

Yes, your car title needs to be in your name for you to take out a title loan.

Submit Your Inquiry Today!

Alabama Title Loans, Inc. can assist you with getting loans on car titles when you need emergency cash the most. Whether it’s urgent medical treatment or important car repairs, sometimes, you need fast cash to tide you over in the worst of times. When these situations hit out of nowhere, you can rely on Alabama Title Loans, Inc. to help you out of a bind with vehicle title loans.

If you think loans on a car title are the right choice for you, then fill out our secure online form 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.

June Mckaig

June Mckaig writes articles on finance and budgeting, hoping to provide insight amidst the overwhelming crowds of information on the internet. She feels that with all this accessibility comes a lot of false data, and she would like to contribute astute, helpful input that she knows can help others. If you would like to learn more about June's research, read more here.