Those facing an unexpected situation tend to need money quickly to resolve it, and auto pawn loans are one of the fastest ways to get money. That depends on the lender, but most can get a decision within a day and cash in hand quickly. 

Approved applicants can gather emergency money through auto pawn loans in Alabama on the same day, but more is needed. It depends on when you sign the paperwork and other factors. Most will give you the money by the end of the next business day.

Keep reading to discover how to get same-day auto pawn loans in Alabama today!

How Can I Get Same-Day Auto Pawn Loans In Alabama?

How The Auto Pawn Process Works

Auto pawn loans fall under state laws, and Alabama has specific rules on how private lenders can issue this type of alternative financing. Even so, the process is mostly the same in this southern state as in other places. The process involves filling out an application, having a proper ID and title, and a loan representative doing a vehicle inspection. All of that can be done fast, depending on the private lender and how organized they are in the process. 

Private lenders issue all title pawns in Alabama, so they must follow traditional banking rules. That offers them some leeway in their approval policies, processes, and amounts. That's good for applicants because there is no waiting on credit checks, upper management decisions, or employer verification. 

Typically, whether you get money the same day or the next day depends on the time of day you sign the paperwork. Most private lenders have cut-off times for issuing loan amounts, and some of that depends on their bank or financial institution. It's always best to ask upfront about these things because every private lender can be different. 

Why Should I Consider A Title Pawn?

Almost half of Americans have little savings, with 10 percent having no protection. That's not a good situation when something happens, like an unexpected dental emergency or home repair. Title pawns are a short-term option to help pay for these things. 

Getting Auto Pawn Loans In Alabama

Knowing the lender you work with is essential for a fast title pawn. Alabama Title Loans, Inc. is well known in the state, with locations throughout Alabama. We have a range of pawn amounts from $300 to $15,000, with the final number depending on the value of your vehicle and ability to repay. 

You will need three things to get a title pawn:

• A driver's license or state-issued ID
• A clean title to your vehicle
• The car available for inspection

A clean title is one where you are the sole owner, with no judgments or liens against it. There shouldn't be a mechanics lien or some other person claiming a right to the vehicle. 

Also, the title VIN must match the VIN on the vehicle. That will be checked when the inspection is done. 

A Fast Process

One of the benefits of using this private lender is the application process, and getting your money can happen quickly. It starts with you filling out an online inquiry form. A loan representative will call you to answer your questions and ensure you have the necessary items. Then, you will make an appointment to meet with a loan representative. 

Appointments can be in an Alabama Title Loans, Inc. store near you or at a more convenient location, which can be helpful if you are working or in a rush to get a title pawn for an emergency expense. Appointments can happen on the same day, so ask. 

Bring all your documents and vehicle to the appointment, and the loan representative will walk you through the rest of the process. They will validate everything, look at the car, and tell you how much you could qualify to borrow. 

After that, it's a matter of paperwork and gaining approval. You could get your money the same or the following business day, depending on when the paperwork is signed. These meetings can be completed in as little as 30 minutes, with a decision coming while you wait. 

You will keep your vehicle while you keep your car. Those with bad credit can still apply. We welcome borrowers from all credit backgrounds to apply!

Submit Your Online Inquiry Today

The online submission form isn't an application; you are not bound to a title pawn if you fill one out. This step also does not result in a credit check. Getting information about auto pawn loans gives you another option that you can use to fund an unexpected expense. 

Alabama Title Loans, Inc. has worked with many people to fund their emergencies. A loan representative can answer your questions and guide you through the following steps. Send in your inquiry form today!

 

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