Top 3 Things People Are Using Title Pawns For

July 23, 2020 | Daniel Dewitt

Title pawns are one of the most powerful and versatile financial tools that are accessible to everyone regardless of their income or credit score. The only real precondition necessary is having a car. There’s a little more to it than that, but speed and accessibility are the two greatest strengths of a title pawn for a reason.

But what exactly are people using their pawns for? What are the specifics of how they’re pulling themselves up and using them to their fullest potential? That’s the question we’re going to answer here today. Here are the top 3 things people are using title pawns for.


The first, and most common, use for title pawns are emergencies. These emergencies can take a lot of shapes and sizes: medical, car related, or even a job loss. All are different, but all share a fundamental abruptness and can wreak financial havoc. Studies show the majority of Americans can’t afford a $400 emergency without wiping out their savings. This is unfortunate, as most emergencies are significantly more expensive.

Medical emergencies are the single most punishing type of sudden cost that most people will ever experience, and are the cause of more than half of bankruptcies in the US. Even a short hospital trip can cost you thousands without insurance, not to mention the hundreds of thousands a long term condition can cost. While a title pawn won’t be able to entirely dig you out of the costs of a medical emergency, it can abrogate them to a fair degree.


The best way to avoid the punishing costs of an emergency is to prevent them from happening in the first place. Often people bulk at the money investment in doing so, but often in the end it’s far cheaper to spend money now to prevent a problem instead of trying to fix it later. A penny of prevention is worth a pound of cure, as the old saying goes.

A good example of this is your teeth. Bi-yearly cleanings may seem like a pain to keep up, and expensive, but cleanings are actually key in keeping your teeth healthy and preventing cavities from forming. A cleaning is cheaper than having a cavity filled, which is itself in turn cheaper than getting a root canal or replacing it entirely. Problems tend to fester, and the earlier you deal with them the easier they are to fix.


The final category that most people use title pawns (especially of the title pawns Birmingham AL variety) is proactively investing in the future. While, like all loans, title pawns come with an interest rate, that interest rate can be vastly outpaced on the positive interest generated by smart investments.

Investing can take a lot of forms: stocks, a small business, side hustle, or even education. If you have a good tip about a stock on the rise, for example, it can make sense to take out a loan to invest in it if it’s about to shoot upwards in value. Likewise, something as simple as taking out a loan to get a certificate or take an important professional class can sharply increase your long term earning potential in your job and field.

Title Pawns in Your Area

Now that we’ve seen just how useful title pawns can be, how can you get one? The easiest way is to fill out our simple online request form and find the location closest to you, for example title pawns Birmingham AL. Once the request is submitted one of our representatives will contact you promptly and go through the required items and steps you need to complete the process and get the cash you need.

Often the process will take as little as a half hour, and once you walk out of our store, you can start resolving whatever financial challenges are facing you. Hopefully this article has given you the insight to use your cash efficiently, and deploy it for maximum effect. Emergencies, prevention, and investments are the three key categories that most people use title pawns for, but don’t let that limit you. It’s your cash after all, and only you know the best way to spend it.

We provide the title pawns Birmingham AL needs. Get yours now.