How Do I Get Started with A Title Loan in Alabama?
March 8, 2021 | Louis Tully
Acquiring a title loan in Alabama can seem very daunting — even if it isn't your first time!
Below you can find the in-depth guide to get a title loan in Alabama, the application process as well as the uses and benefits of this loan type.
The Ultimate Guide to a Title Loan in Alabama
What Is A Title Loan?
A title loan (also known as a title pawn) allows you to borrow a sum of money depending on the value of your car. The maximum figure we provide here at Alabama Title Loans Inc. is $15,000.
Since we don't place as much importance on your credit score, a title loan in Alabama can be useful if you have a less-than-average (or even non-existent) financial history.
The process is very simple, as long as you have a clear car title. You can get your hands on the money in as little as half an hour, which will save you an immense amount of time and energy.
The Benefits of a Title Pawn/Title Loan in Alabama
Title pawns are a great tool for getting you out of financially exigent situations. But they offer so many other benefits when you look under the surface.
1. Allows You to Access Quick Money
Probably, the most important benefit is that they give you an avenue to access money when time is of the essence. Without emergency cash, it can sometimes be hard to rebuild your life following an unexpected situation, and that’s exactly what title pawns are meant for.
2. You Keep Your Vehicle
With our title loans in Alabama, you get to keep your vehicle while you are repaying the loan. As long as you stick to the agreed payment schedule, you and your car will stay united.
We are aware that your car is your only means of transportation, so we don't want to take it away.
3. Structured Repayment Schedules
Structured repayment schedules allow you to effectively budget your income every month.
4. Less Weight Placed on Your Credit Score/History
Traditional banks and many other lenders require you to have a good, if not perfect, credit score and financial past to acquire a loan. This isn't necessary with Alabama title pawns.
Whether you have poor, good, amazing, or non-existent credit, you can still apply for our financial aid. We aim to approve as many people as possible for our title pawns in Alabama, so they can get the needed cash instantly.
The loan experts at our storefronts are always on hand to give you the best advice and a chance of approval possible. If you're not happy, we aren't either.
How to Get a Title Pawn in Alabama
Our application procedure is simple to understand. All you need to do is follow these six steps:
- Fill in the form — You will find the short online request form on the top left of our website. Initially, we only ask for basic information, so it should take about 5 minutes.
- Talk to a loan representative — Once you submit the completed form, a loan representative from one of our Alabama Title Loan, Inc. locations will call you. They will discuss the remaining parts of the process, answer any of your questions, and tell you about the required documents.
- Go to your nearest Alabama Title Loan, Inc. location — Don't forget to bring your driver's license (or a state-issued I.D.), your vehicle, and your lien-free title to it.
- Wait while a loan specialist reviews your documents — At the same time, they will also evaluate your vehicle to determine its worth.
- Sign some more paperwork — If our loan expert approves your application, you will need to fill in and sign some documents with their help.
- Get your money — Once all the paperwork is complete, you will receive the amount you qualify for the very same day!
Remember that you can always contact us before you begin the process to iron out your concerns and see whether obtaining your car title loan in Alabama is right for you.
How Can You Use a Title Pawn in Alabama?
Remember, title pawns aren’t meant for frivolous expenses. Using your title pawn cash for shopping is a bad idea, as it can cause more problems down the line. Title pawns should be used for emergencies only.
Some of the reasons our customers have utilized our handy title pawns are as follows:
- Paying for unexpected but unavoidable travel
- Funding unforeseen medical bills
- Fixing their car or another vehicle
- Repairing their home or garage
Get Your Title Loan in Alabama Today!
This ultimate guide to title pawns in Alabama has given you the stepping stones you need to successfully apply for a title pawn. We can't wait to help ease your financial stressors! So, don’t wait for the problem to grow bigger! Get your title loan online today!