How To Get A Small Loan With Bad Credit

January 5, 2021 | Daniel Dewitt

small loans with bad credit payday loans  

Do you need a small amount of cash to cover an unexpected expense or to get you to your next paycheck, but your credit is not in great shape? An Alabama online payday loan could be an excellent loan option for you.

Payday loans are short-term loans of a small amount you pay back when you receive your next paycheck. Getting this small loan with bad credit is a fantastic option because it will not get in your way when it comes to whether you are approved or not.

The loan is issued based on proof of income and several other important documents. These documents are simple to carry around – unlike other traditional loans where you need a laundry list of items. The small list of documents you’ll need to get through our process is:

  • A government-issued photo I.D.
  • Your Social Security card
  • A recent 30-day bank statement from your checking account
  • Your most recent pay stub
  • A blank check from an active checking account in your name

With these documents, you could receive $100-$500 in about 30 minutes from Alabama Title Pawns.

Why Get A Payday Loan?

Payday loans are one of the most accessible loan options because we won’t automatically disqualify you if you have poor or even no credit. Loan consideration is made based on proof of income, and we do not consider credit as a factor. Also, payday loans provide the right amount of cash most people need for short-term situations.

You can use a payday loan for a multitude of short-term financial needs and simply repay the loan when you receive your next paycheck. These loans can cover late bills and rent if you’re low on funds until your next paycheck, unexpected medical bills, home or auto repairs, and more emergencies that pop up.

Is It Easy To Get A Payday Loan?

It is absolutely simple to go through our process. Our process is pain-free, and you can complete the application online rather than coming to the store for the entire loan process. Once you complete the application, a representative will contact you. After that, you only have to physically visit aAlabama payday loan center near you so that the representative can check your documents and determine if you qualify for approval, which can take as little as 30 minutes.

Are Payday Loans Fast?

After you find out if you are approved, you will then sign some papers and get the cash you qualify for. It is that quick! We won’t make you wait for days or even weeks for the cash you need. We want to make sure you’re able to tend to your emergent financial needs, so we make the process of getting your money to you snappy. There’s no waiting for your funds when securing a payday loan with Alabama Title Loans, Inc. 

title pawn small loan bad credit 

What If You Need More Cash?

If you need more cash than what a payday loan can offer and you happen to own a vehicle, then you are eligible for an Alabama title pawn! A title pawn allows you to acquire a sum of cash by using your vehicle’s title as collateral.

If you are 18 or older, own a vehicle, and have a few necessary documents, you could get up to $15,000 in as little as 30 minutes with Alabama Title Loans. All you need to bring in with you is:

  • Your driver’s license or state-issued I.D.
  • The lien-free title to your vehicle
  • Your vehicle available for inspection

The title pawn process is fast and straightforward. The first step is to fill out an online loan application. Just like with our payday loans, you can still apply for our small loan with bad credit!

After you’ve filled out the online loan application, wait for us to call you. One of our representatives from your nearest location will be in touch to discuss the details and further instructions with you.

After you’ve spoken with us, bring all the required documents and your vehicle to the location from which our representative reached out to you. One of our representatives will walk you through the remainder of the process in the office, which is typically pretty speedy.

Our representative will verify all of your documents, perform a quick inspection of your vehicle, then assist you with final approval. If you’re approved for a title pawn with Alabama Title Loans, Inc., you’ll receive the money same-day, so you can immediately drive off and take care of your financial needs.

What Are The Benefits Of Title Pawns?

Title pawns can offer more cash than payday loans and give you more time to repay the loan as well.

You also get to keep your vehicle while you are repaying the loan, so you don’t have to slow down just because you used your car’s title as collateral.

With title pawns, you arrange your payment schedule ahead of time. You know exactly when you’ll have to make payments and how much they will be. This allows you to plan ahead. And if you can’t make your payments, you can come speak to us and we will see how we can remedy the situation.

Can I Get An Online Title Pawn?

Another great benefit is that the application for our title pawns begins online. After you complete the online application, a representative will contact you and give you instructions on taking your documents and vehicle to the nearest location to complete the approval process.

Where Can I Get Title Pawns And Payday Loans Near Me?

Alabama Title Loans, Inc. has locations all across Alabama that offer title pawns and payday loans, so there is likely one near you. Check out the store locator on our website to find the store nearest you. No matter which one you need – depending on your emergent needs – you can get either loan in Alabama.