uncover the facts about title pawns in Georgia

What Should I Know About Title Pawns In Georgia?

If you’re reading this post, you must have heard about title pawns in Georgia and would like to know more about them. If this is true, then you’ve come to the right place, as we’ll talk about this form of lending in detail here.

Georgia is an open state for getting emergency financial help like what you would get with an automobile pawn. Those who have a vehicle in their name have the option that could get you money quickly. There are some things you should know as you research title pawns in Georgia.

Here’s What You Should Know About Title Pawns In Georgia

1. Title Pawns Pay For Emergencies

Car title pawns in Georgia help with emergency home repairs, medical bills, or car repairs. These are big-ticket items that would be hard to pay out of pocket. For instance, the excessive heat this summer has caused many people to have problems with their air conditioning units.

New residential heating and air units start at a $5,000 price tag and can go up to $10,000. With Georgia's temperature consistently in the 90s through September, air conditioning isn't something a family can do without. A car repair can easily cost $1,000. Georgia isn't set up to use public transportation to go to work every day. You need a car in this Southern state.

Yet, many Georgia residents haven't saved enough money for these types of expenses and traditional credit lenders are tight. Now with a recession and inflation making everything more expensive, it makes it harder to pay for these types of emergencies. That is where a title loan can help. They are meant to be used for short-term financing when you need them.

Georgia title pawn for AC repair

2. Not All Title Pawn Lenders Are The Same

Not all auto pawn companies are the same. While they all must operate according to state regulations, each has its own way of doing things. They may each have different application processes or ways to determine the value of your car, truck, or other vehicles. Representatives may be different from store to store too. It's important to look at the reviews and specifics of each title pawn company to see if they are the right fit for you.

3. Any Legal Adult Can Use Their Vehicle To Get Money

One of the regulations regarding title pawns in Georgia relates to age. You must be at least 18 years old to be eligible for a pawn on a vehicle. However, most title pawn stores will take good or bad credit for an application. There are questions they will ask for the application. Most will require references and an income. However, they place the most emphasis on how much your vehicle is valued over a credit score or employment history.

4. You Keep Your Vehicle

Many people stay away from title pawns because they think that car confiscation is necessary. This is not true. Your title secures the pawn, not your vehicle. So, you can get money and still keep your vehicle while you’re making your regular payments.

5. You Can Get The Process Started Online

Title pawn companies are now highly digitalized with many using apps. You can often apply online to get title pawns in Georgia and even pay online. Each store is different in how it uses digital tech so be sure to ask when you do your research.

Benefits Of Using A Title Loan

Auto pawns have some benefits over traditional lending for short-term loan options. Banks and other traditional lenders usually require lengthy forms and proof of payment to get even a small loan. Sometimes, loan approvals can require a week or more to get approved, and you must have a good credit score. That doesn't help when you need money now.

Title pawns in Georgia can get you money on the same day that you apply, and a low credit score doesn’t automatically disqualify you. The amount you get depends on the value of your car and it can be a viable alternative for people who need money in emergencies.

man with Georgia title pawn cash

Finding A Reputable Auto Pawn

Georgia Auto Pawn, Inc. is well established and offers as much as $15,000 in title cash. There are some things required to get an automobile pawn. Please bring in your driver's license and a lien-free title to your car. Lien-free means that your car is fully paid off, otherwise, you won’t qualify. You will also need to bring your car, truck, or other vehicles to the store for an inspection.

The process is quick, and you could possibly know if you're approved in as little as 30 minutes. Your money will hit your bank either on the same day or the next business day. With Georgia Auto Pawn, Inc., you can apply either online or at the store. Once you submit an inquiry form online, a store representative will call you back quickly. They will confirm your information and explain the process.

Then, you can meet our representative at a store location or at a place where you feel comfortable. There will be a quick inspection of your vehicle and answer your questions. Our representative will finish up the loan process and you can leave with your vehicle and your money.

Submit An Inquiry Today

You can quit worrying about that large bill and ask about a pawn from Georgia Auto Pawn, Inc.. There's no obligation to submit an inquiry about title pawning in Georgia, and you can always turn the loan down if you don't like the terms. Find out how much we can give you 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.

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.