Are you having financial difficulties and are in need of financial relief loans to help you out? Well when you come to us at Alabama Title Loans, Inc., you have two options to choose from! You can either get a title pawn or a payday loan to help you pay for urgent expenses. But what are the requirements of either? Well, you’ll be glad to know we’ve made them both easy to understand! And once you understand those, beginning the actual process is also simple! Keep reading to learn more.

What Kind Of Loans Can You Get For Financial Relief?

When it comes to our two financial options, they fall into two categories: secured and unsecured. Simply put, our title pawn is considered secured because we require you use your lien-free car title as collateral to qualify for approval. Meanwhile, with our payday loan, this is considered an unsecured loan because you do not need to provide any collateral to qualify. Instead, we use your income and your ability to repay the loan to determine approval. Here is more information about either option:

Title Pawns

A title pawn is our first financial option to get you quick money. Similar to a title loan from other states, this pawn uses your lien-free car title as collateral – as we said above. This means your lien-free title must show that you own a car free from outstanding loans or judgments. So, if you are still making car payments, you won’t be able to get a title pawn. Through this pawn, you could receive anywhere from $300 to $15,000 if you are approved. The amount will depend on the value and condition of your car.

Payday Loans

Payday loans, on the other hand, are an unsecured loan that don’t require any collateral. Instead, they bridge the gap between pay periods when you need quick money. Basically, if you have an urgent expense that needs your immediate attention before your next paycheck comes in, a payday loan can help you out! If you are approved, you could get anything between $100 to $500 in financial relief. This option could be helpful if you don’t have a car or prefer not to use the title as collateral.

What Are The Requirements To Qualify For These Options?

Now that you know a bit more about these financial options, you need to know what items we require so that you can get through the process. No matter which option you go with, there is a short list of items we need to see. With these items prepared, you can proceed to find out if you can get the financial relief you need. For starters, you must be at least 18 years old to qualify for either of these finance options. Besides that, here are the requirements for title pawns and payday loans:

• Requirements For Title Pawns: You’ll need 3 things to qualify for a title pawn, which are the following:
• Identification: You must have a driver’s license or at least a state-issued ID.
• Car title: You must also have a lien-free car title registered in your name.
• Car for inspection: Your vehicle is also necessary for a quick physical inspection. You’ll get to keep it after that part is completed.
• Requirements For Payday Loans: Meanwhile, here are the items required for a payday loan:
• Identification: A government-issued photo ID is necessary for this loan.
• Social Security: Your Social Security Card is also required.
• Bank Statement: You’ll also need your most recent 30-day bank statement from your checking account.
• Proof of income: For this one, you’ll need your most recent pay stub.
• Blank check: Lastly, you must provide a blank check from an active checking account in your name.

Who Can I Speak To For More Information?

It’s completely normal to have questions or concerns when seeking financial relief loans. The best person to speak to is the representative you work with when you meet in person. They are there to help you go through the process with complete peace of mind. So, that means you shouldn’t be afraid to ask them questions! Besides that, you can find more information all over our website. For example, the Frequently Asked Questions page has plenty of quick answers to questions you might have.

Can I Get Financial Relief Loans With Bad Credit?

The good thing about a title pawn or a payday loan from us at Alabama Title Loans, Inc. is you can still qualify regardless of whether your credit is good or bad. That’s because you’ll be assessed based on several reasons to determine whether or not you qualify. Just remember the important thing to do: understand the requirements for the loan you want and prepare your items carefully. That will help you avoid unnecessary delays and keep the process running smoothly!

How Do I Get Started?

Once you’ve considered your options and have chosen one, you can get started by submitting the online form. That form requires basic information like your name, number, and ZIP code, among others. A friendly representative will call you soon after to guide you through every step of the way and answer any questions you might have. Meanwhile, you could prepare the required items to keep things moving smoothly.

If you are going for a payday loan, they will set up a meeting for you at the nearest store so you can come in with your required items. If you are going for a title pawn, you can have the representative come to you instead. When they arrive, they will inspect your vehicle and assess your title. If you are approved for either option, they will go over the terms and have you sign the paperwork. Once done, you can get the money either on the same day or the next bank business day at the latest.

Get Fast Financial Relief Now!

As you’ve read above, you can easily find financial relief loans with easy requirements to fulfill when you come see us. Our requirements are simple and our process is quick. Plus, we here at Alabama Title Loans Inc. are always here ready to help you when you need it the most. So take the first step right now by submitting your information through the online form on our website to get the relief you need!

 

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