Getting auto pawn loans from Alabama Title Loans, Inc. is quick and easy, even if you’ve never done it before! Still, everyone can benefit from a few helpful tips to ensure the process goes as smoothly as possible.

In this article, you’ll learn some of the best tips to remember when applying for an auto pawn loan. These tips range from calculating how much you need to borrow to ensure that your car title is in your name.

By the end, you’ll know how to get the best from your auto pawn loan application process!

Our Top Five Tips For Auto Pawn Loans In Alabama

When you’re interested in getting auto pawn loans, remember these five tips to get the best experience possible!

1. Calculate Your Needs

One of the best things you can do for yourself before getting auto pawn loans is to sit down and calculate precisely how much you need. In other words, you’ll want to budget to understand how much money you need to borrow and for what reason. Remember that you could qualify to borrow a maximum of $15,000 this way.

However, that will depend on the value of your vehicle, which a loan representative will determine with a physical inspection. Understanding how much you need and qualify to borrow will help you make better financial decisions.

2. Prepare Required Items

The loan application process is quick and easy as it is. However, you can help things go as smoothly as possible and save yourself time by preparing the required items beforehand. Remember, you’ll need to meet these requirements to qualify:

1. You must be at least 18 years old.
2. You must provide valid identification, like a driver’s license or other state-issued ID.
3. You must have your car and bring it in for an inspection. Don’t worry! You’ll get to keep the car afterward.
4. You must have a lien-free or ‘clear’ car title registered in your name.

Ensure you satisfy these requirements, and your application process should go as smoothly as possible! On the other hand, there are a few things you don’t necessarily need to apply, like:

• A driver’s license: If you don’t have one, use another state-issued ID instead.
• Good credit: Whether you have good, bad, or no credit, you can continue with your application.
• A checking account: Don’t worry if you don’t have a checking account. That will not disqualify you from applying!

3. Make Sure The Title Is In Your Name

Here’s an essential tip: ensure the title is in your name before applying. In other words, you can’t use someone else’s car title to borrow money. If the title isn’t in your name, you must first drop by your DMV office. There, you can go through the process of transferring that title to you. Once that’s done, you can use it to complete your loan application.

4. Ask Questions

You’ll work closely with a loan representative when applying for auto pawn loans. That person guides you through every step of the process and ensures you have everything you need.

On top of that, they’re also there to clear up any confusion and address any concerns you might have about your application. So don’t be afraid to ask them questions! They’ll be more than glad to answer you so you feel confident about what you’re doing.

5. Start Now!

Last but certainly not least, the final tip is to get started now! As you read earlier, the application process is quick and easy, but you only have to take the first step. You can do that by sending your information in through the easy request form at any time of the day.

That information will go to a nearby representative who will call you soon. Then, they’ll confirm that your data is correct before guiding you to the following step: meeting them in person. During the in-person meeting, the representative will assess your vehicle and documents to ensure everything is in order. 

Lastly, they’ll let you know if you qualify and how much money you can borrow. From that point, you can get your money as early as the same day or by the next business day. Plus, you get to keep your car!

Take The First Step!

Getting auto pawn loans from Alabama Title Loans, Inc is easy enough, but you’ll be advantaged with the five tips listed above! Now, all you have to do is take the first step.

Visit the nearest store location or use the easy online request form to send your information. Then, keep your phone nearby and wait for a friendly loan representative to contact you. They’ll help you at every step to get the money you want!

 

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