When you have a car and need to borrow money quickly, consider a car title pawn from Alabama Title Loans, Inc. That pawn is a simple way to borrow up to $15,000 using your car title, perfect for when you have urgent payments that can’t wait.

Keep reading this quick article to learn how to use your car title to secure fast cash. You’ll learn how a car title pawn works, what it takes to qualify for one, and how to get started immediately!

How Can I Borrow Cash Using My Car?

The car you own and drive can benefit from getting cash when in a tight spot. That’s because you can borrow some money with it by applying for something called a car title pawn.

Simply put, that’s a way of borrowing money for the short term using your lien-free car title as collateral. Depending on your car’s worth, you could drive away with anywhere from $300 to $15,000 that way!

Better yet, a title pawn offers other helpful benefits, such as:

• They only have a few requirements you have to fulfill to qualify for one.
• The application process is quick and painless.
• You’ll have support and guidance, allowing you to apply confidently.

These benefits make title pawns helpful in many situations, especially when you need cash urgently and have little time or energy to wait for other types of loans.

For example, you might need to catch up on your utility bills. That means you could face disruptions in those essential services and late fees or penalties.

In that situation, you can get cash quickly through a car title pawn to pay your bills and save money as you avoid those penalties.

As you can imagine, car title pawns can also help you in many other situations involving urgent payments.

What Do I Need To Qualify For A Car Title Pawn?

Earlier, you said that only a few requirements were needed to qualify for a title pawn.

Here are those requirements:

1. Firstly, you must be an adult to apply. That means you have to be at least 18 years old to proceed.
2. Next, you must provide your driver’s license to verify your identity and ownership of the vehicle. If you don’t have that, another type of state-issued photo ID will do.
3. Remember: it’s called a car title pawn, and that’s why you need your car title to apply. That title must be lien-free, which means it's free from any outstanding loans or judgments against the vehicle.
4. Lastly, you must have the car with you. You’ll have to bring that car for a quick inspection as you complete your application. Don’t worry, though. Whether or not your loan is approved, you’ll get to drive home with the car and keep it.

Take a quick look at the list above; you’ll know these requirements aren’t all that difficult to fulfill. That means you can get what you need quickly and start applying fast!

Do You Need Good Credit For A Title Pawn?

Having perfect credit is different from the requirements for a car title pawn. Your ability to qualify will depend on other factors, like your car’s value and your ability to repay the loan.

So, whether your credit is good or bad, you can apply for a car title pawn now!

How Do I Apply For A Title Pawn?

The requirements list isn’t the only short regarding title pawns. On top of that, the application process is also straightforward, involving these three steps:

1. Submit Your Information

You can start your application anytime just by submitting your basic information through the online form.

Just fill the spaces with your name, contact information, ZIP code, and car’s characteristics (e.g., make, model, year).

If you submit that form, it will pass your information to a representative at a nearby store location who will call you soon after.

2. Meet Your Loan Representative

The next part of the process is meeting your loan representative face to face at a time that you both agree to.

There, they’ll check your documents and inspect your car quickly to determine how much it’s worth.

Then, they’ll help you finalize your application with some simple paperwork.

3. Drive Away With Your Money!

If approved, you can get your money quickly, possibly even on the same day or by the next business day.

No matter the outcome, you’ll drive away with your car and keep it with you!

Get Your Cash Today!

Whether you’re trying to save money by avoiding late fees on bills or making any other kind of urgent payment, Alabama Title Loans, Inc. is at your service! Just get in touch through the online form mentioned earlier to get the quick and easy process started.

Soon after you do that, a loan representative will contact you to walk you through the remainder of the application process.

 

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