Those looking to finance an emergency should consider title pawns as an emergency funding option. This type of alternative lending has some advantages over bank loans but hidden benefits you probably never knew. 

As a title pawn advantage to those with bad credit or no credit, applying doesn't reflect on your credit score, and doesn't require that you have a regular job. You can also keep your car when borrowing money from a private loan lender.

And those are just some of the advantages of using this type of financial resource. Keep reading to discover more about the advantages of getting Georgia title pawns. 

What Are The Hidden Benefits Of Title Pawns?

Those turned down for traditional loans from a bank or credit union, may be reluctant to try a financing option like a car title pawn. However, it is a cash loan option available to anyone with a vehicle that has been paid off, has low or no credit, and needs money quickly.

1. Those With Bad Credit Or No Credit Can Still Apply For Emergency Funding Options With Title Pawns

This is one of the primary hidden benefits of a title pawn. Those with bad or no credit are used to being turned down. Yet, they have value in a vehicle they own and should be able to tap into the equity they've built by paying the car off. 

While approval of everyone isn't guaranteed and interest rates may vary, private lenders offering title loans often work with people in challenging credit situations to get the money they need to pay for an unexpected problem. This is a valid option for many people turned down at traditional lending institutions.

2. A Title Pawn Doesn't Bring Down Your Credit Score 

The best-hidden title pawn advantage is that private lenders don't check credit history during the application process. They must notify the three big credit bureaus of your application or remove a pawn. Title pawns are exempt from these things under the law as alternative lending options. 

That means your application and loan never appear on a credit report and will not affect your credit score. You can continue to build your credit while repaying your title pawn and taking care of your emergency.

3. A Title Pawn Doesn't Require You To Have A Job

Traditional lenders always ask about your employer, how long you've been there, and your income. All of that is taken into consideration for approval. A benefit of a title pawn is private lenders consider only that you have a source of income rather than an employer. That makes it an option for those who don't have traditional work.

Title pawns become an option for self-employed, independent, or gig workers and those who get monthly government checks. You can apply as long as you have a source of income to repay the pawn.

4. You Keep Your Vehicle With Fast Title Loans

Many may need to realize that you can keep your vehicle when you take out a title pawn. Title pawns mean the private lender holds your title while the pawn is repaid, so you maintain your vehicle. You get your title returned when the pawn is repaid in full. You continue to use your car to go to work or school, so nothing changes about your daily routine, and you aren't inconvenienced. 

Where Can You Get Title Pawns In Georgia?

Georgia Auto Pawn, Inc. offers title pawns up to $15,000. All you need are the required items to apply:

• Your driver's license or state-issued ID
• A clear title or lien-free title to your vehicle
• Your car on hand for a quick inspection

The auto title loan process ends with a decision once you meet with a loan representative. That can be completed in as little as a half hour. 

How Can You Apply For A Georgia Title Pawn With An Alternative Loan Lender?

A title pawn application with Georgia Auto Pawn, Inc. can happen in two ways. You can call us directly at any title pawn location across Georgia or use an online inquiry form that is quick and easy.

The form takes your information and sends it to the title lenders location you choose closest to you. A store representative contacts you to discuss your cash options and helps you schedule an appointment to fill out a car title loan application. One of the best things about inquiring about these loans online with Georgia Auto Pawn, Inc. is that you don't have to travel to the store to apply.

You can have a store representative meet you at a location of your choice near you. That makes it convenient if you have a busy work and home schedule. With the benefits of title loans, those approved can get fast money either the same day or the following business day. 

Find Out About The Advantages Of Fast Title Pawns In Georgia Today!

The great news is, that using emergency funding options like this to fund your unexpected situation could provide you with some relief. Submit an online inquiry form today to determine how much you qualify for with a title pawn. This short-term option has its perks and has helped many, and it can help you too. 

The form is quick and straightforward and will connect you to a trusted Georgia Auto Pawn, Inc. representative who can review the vehicle title pawn process and its significant advantages. Send in the form today to find out more! 

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