There are financial emergencies that can throw your budget into disarray. You can plan your finances ahead, but unexpected expenses like medical bills and home repairs can threaten to throw you off your budget. However, Alabama title pawns can help provide emergency cash to handle these expenses and stay on your budget.

In this guide from Alabama Title Loans, Inc., we’ll explore how title pawns can offer fast, easy access to the cash you need to rescue your budget. We will also explain how you can get same-day title pawns with us so we can help you get your emergency cash ASAP.

What Are Title Pawns?

Title pawns are fast cash loans that can help you receive emergency cash by using your lien-free car title as collateral to secure the loan. Otherwise known as car title loans, people who have fully paid off their vehicles can get approved for this type of loan.

You can only pawn your vehicle title if it is clear of all debts, liens, and judgments. That means you must fully pay off your car before you can get an Alabama title pawn because we will need to place a lien on the vehicle title to get you your emergency cash.

At Alabama Title Loans, Inc., you can qualify for up to $15,000 based on your vehicle’s value, all while keeping and driving your car. It’s a simple, fast solution for those facing unexpected financial difficulties.

Common Budgeting Problems Title Pawns Can Solve

Before we explore how a title pawn can rescue your budget, it’ll help to understand the problems that can threaten it in the first place. Unexpected financial emergencies and unforeseen circumstances can threaten your budget, especially if you cannot save money for an emergency fund.

Here are some of the most common budgeting problems you can encounter and how title pawns can help you pay for them:

1. Budgetary Mistakes

We’re all human and can make mistakes. This can happen when you create your budget. Everything may look perfect to you, but you may have forgotten something that can negatively affect your budget.

For example, you may have a subscription that charges you annually. It’s possible you have the yearly charge date written down but forgot about it when creating your budget for the month. If you get charged over one hundred dollars when you least expect it, you may not be able to afford necessary expenses.

Alabama Title Loans, Inc. can help when you make a mistake with your budget with our car title pawns. You can pawn your car title to receive quick emergency cash you can use to pay your expenses if you cannot afford them because of budgetary mistakes.

2. Income Changes

Unfortunately, there are many situations that can affect your ability to make your regular income. You could get laid off or have your hours slashed because of downsizing. Freelancers and gig workers also may not be able to work as much in a given month because of their schedule or a lack of jobs.

For example, you may work at a dining establishment and lose your job because the restaurant has had a few months of reduced profits. This downsizing can affect your ability to afford your bills, as you may not have made enough money to afford gas, shelter costs, rent/mortgage, and utility bills.

As long as you have paid off your car, you can use your clear vehicle title as collateral with title pawns to get emergency cash to afford your bills. This can help give you time to look for a new job, and you can repay the loan after gaining new employment.

3. Financial Emergencies

Unexpected financial emergencies can also arise, and it may be hard to find a way to pay for them without an emergency fund. For example, you could have suffered a broken arm from a car accident and need to pay for medical expenses and the cost of auto repairs.

This can cost thousands of dollars, which you likely don’t have lying around. Trying to pay for this can ruin your budget, but title pawns can provide a quick cash boost to help pay for these urgent costs.

The following are some financial emergencies you can pay for with car title pawns in Alabama:

• Overdue bills
• Medical expenses
• Home or auto repairs
• Unexpected travel costs
• Veterinarian costs

How Can Title Pawns Help Those Struggling With Their Budget?

The common budgeting problems described above can certainly be budget killers. However, title pawns are an option you can consider to get fast cash and still make your payments, effectively rescuing your financial plan. This fast cash loan can provide you with the emergency money you need when facing an economic crisis.

The following are some benefits of title pawns for those struggling with their budget:

1. Quick Access To Emergency Cash

When facing urgent expenses, the last thing you want to have to do is wait weeks or months to get the money you need. At Alabama Title Loans, Inc., the entire process is fast and efficient. You can start immediately by submitting the online form with your details.

It can take less than a day to complete the process from there. You will speak to a loan representative over the phone and meet them at a place of your chosen place to verify your requirements. The in-person process can take less than 30 minutes, and it can end with you learning if you get approved.

The best part? We use direct deposit to get you your fast money the same day or the next business day. You don’t have to wait to get your money to pay your costs and get your budget back on track.

2. Borrow Up To $15,000

At Alabama Title Loans, Inc., title pawn borrowers can receive up to $15,000. This can make it easy to handle a huge financial burden, as you can borrow thousands of dollars. In other words, you could get more than enough to bridge that gap and save your financial plan!

How much you can borrow will depend on the value of your vehicle, as determined during a car inspection. One of our loan representatives will assess your vehicle’s age, make, model, condition, and mileage to determine how much you can get from one of our Alabama title pawns.

3. All Credit Types Accepted

Borrowers of title pawns in Alabama also don’t have to worry about their credit scores. Title pawns do not rely heavily on your credit score. Instead, your car’s value and your ability to use your car title as collateral are the most important factors.

Those who need bad credit loans to help when their budget fails can get title pawns with Alabama Title Loans, Inc. We offer fast cash loans to those with bad credit or no credit at all.

4. Keep Your Car

As you can see, your car is essential in securing a title pawn to save your budget. Thankfully, you won’t have to worry about giving that vehicle up to get the money you need.

You only need to bring your car for a quick inspection during the process. Afterward, you get to drive it home and keep it! That’s also true if you're approved and get your emergency funds. You only need to consider rescuing your financial plan and repaying the money as agreed!

5. Simple Requirements

When you need to rescue your budget during a financial emergency, the last thing you want to have to worry about is collecting tons of required documents. At Alabama Title Loans, Inc., we only required a few items for borrowers looking to get title pawns. This is to allow those in a financial crisis to get approved for their emergency funds ASAP.

The following are the required items needed for title pawns in Alabama:

• A driver’s license or a state-issued ID card
• A lien-free car title in your name
• Your vehicle for a quick inspection

6. An Easy Application Process

Getting a title pawn is incredibly straightforward. That means you won’t have to worry about running and dealing with a mountain of paperwork to get the urgent cash you need, especially when your financial plan is falling apart.

Instead, you’ll only need to fulfill a few requirements to qualify and take a few steps to get approved at Alabama Title Loans, Inc.

The following are the steps in getting title pawns with Alabama Title Loans, Inc.:

• Submit your information through our online form. One of our loan representatives will receive your information and give you a call to discuss the next steps.
• The loan representative will verify your information and answer any questions you have about title pawns. During this conversation, you will get to decide where you want the in-person meeting to take place, such as your home, work location, or an Alabama store location.
• After speaking on the phone, meet to have them verify your required items. They will also inspect your vehicle to determine your title pawn value.
• If approved, you can complete the process by signing a few documents. You will receive your emergency money the same day or the next business day.

Apply For Alabama Title Pawns Today – Get Approved For Up To $15,000!

Don’t waste another moment if your budget is in trouble, and get in touch with Alabama Title Loans, Inc. right now. Our process for getting approved for title pawns is simple and allows borrowers to easily get the emergency cash they need for their urgent costs.

Submit your information through our online contact form today! While waiting for a representative to call you, prepare your documents and vehicle. That will help keep the application moving as smoothly as possible!

 

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