If you have ever tried to apply for conventional financing, you'll know that most banks and credit unions require near-perfect credit to gain approval. However, that isn't the case for title pawns—unbeknownst to many, you can get a title pawn with bad credit in Alabama!

This article will explain the ins and outs of securing a title pawn without an excellent credit score, helping you access between $300 and $15,000 when you need it most.

What Do You Need To Get A Title Pawn With Bad Credit?

As covered, you can still get a title pawn with bad credit. Lenders like us at Alabama Title Loans, Inc. don't require a high credit score because we utilize other factors to establish how much you can borrow and your likelihood of repaying the pawn. We use your auto title as collateral for the loan, meaning high credit is not required.

Of course, you can still meet all the requirements. Unlike traditional banks, we only ask you for a bit of paperwork. Instead, you just need the following three items:

1. Identification

You can use many documents to prove your identity, such as your passport, driver's license, or student ID card. However, you must ensure that the government issued it and includes your date of birth, full legal name, and photograph.

It's worth noting that you need to be at least 18 years old to get a title pawn in Alabama. Plus, the name on your identification must match the name on the document we'll discuss next—your lien-free title.

2. Lien-Free Vehicle Title

You must provide a lien-free title to your vehicle. We cannot accept auto titles with outstanding judgments or payments because we place a line on the title to secure the pawn, and we cannot do that if there is already one in place.

If your title isn't in your name, you must head to your local DMV and request a title transfer into your name. Once the transfer has been completed, you can request a title pawn from us.

3. Vehicle

Last but not least, you will need the vehicle that corresponds to the lien-free title. This must be a car, van, or truck; other vehicles (e.g., buses, trailers, tractors, boats, ATVs, and more) will not be accepted.

We use your vehicle to determine how much money you can borrow (within our lending limits). To do this, we use the national fair market value and analyze the following factors:

• Your car's age — The older your vehicle, the less it's worth. This does not apply to classic or vintage vehicles; they tend to be worth more than their younger relatives.
• Your car's mileage — Average mileage is 10,000 to 12,000 miles per year. A two-year-old vehicle with 24,000 miles on the clock is considered to have average mileage, while the exact car with 37,000 miles is considered to have high mileage. The latter negatively impacts your vehicle's worth.
• Your car's condition — Naturally, it is worth more if it is in good condition. To get the best value for your vehicle, ensure it's in good cosmetic and mechanical condition. We evaluate both.

How Do You Get A Title Pawn With Bad Credit?

With the requirements in mind, you may wonder how to use them to get a title pawn. Luckily, the process is pretty simple and doesn't take very long. Just follow the steps below, and you'll be well on your way to getting the cash you need:

1. Kickstart the process by completing and submitting the online form, which you'll find on this website. Please fill in the right one since we also offer payday loans.
2. When we get your information, we'll call you to review the process, make sure you have the requirements, and answer any questions. We will also set up a meeting location. You don't need to visit the store; we can see your home or workplace.
3. Wherever you decide to meet us, please make sure you have the requirements ready. When we arrive, we'll analyze your documents and evaluate the value of your car.
4. After that, we'll ensure you're happy with the amount offered.
5. We'll walk you through the final stages if you are. This involves signing several documents to confirm your agreement with the terms and conditions.
6. Finally, you will receive the money within a couple of days and be able to keep driving your car while you repay the pawn.

Get A Title Pawn From Us At Alabama Title Loans, Inc. Today!

Don't let bad credit prevent you from getting fast cash in a financial emergency. Your credit background doesn't play a significant role in determining your eligibility for an Alabama title pawn.

Regardless of your credit score, you can request a title pawn from us at Alabama Title Loans Inc. All you need to do is submit the online inquiry form, and we'll help you through the rest!

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