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The Hidden Benefits of Title Pawns You Never Knew

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. 

A title pawn is available to those with bad credit or no credit, doesn't reflect on your credit score, and doesn't require that you have a regular job. It also allows you to keep your car. Those are just some of the advantages of using this type of resource. Keep reading to discover the convenient advantages of Georgia title pawns. 

What Are The Hidden Benefits of Title Pawns?

Those turned down for loans may be reluctant to try a financing option like a title pawn. However, it is an option available to anyone with a vehicle that has been paid off and needs money quickly.

1. Those With Bad Credit Or No Credit Can Apply 

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 an asset 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, 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.

Title pawn representative inspecting vehicle at location with text What are the hidden benefits of title pawns?

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

One of the best-hidden advantages of a title pawn 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 

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 A Title Pawn In Georgia?

Georgia Auto Pawn, Inc. offers title pawns up to $15,000. All you need are three basic things to apply:

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

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

happy woman with title pawn cash in one hand and laptop in other hand for title pawn research

How Can You Apply For A Georgia Title Pawn?

A title pawn application with George 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 a location you choose closest to you. A store representative contacts you to discuss your options and helps you schedule an appointment to fill out an application. One of the best things about inquiring about title pawn 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 kids schedule. Those approved can get money either the same day or the following business day. 

Find Out More!

Submit an online inquiry form today to determine how much you can take out in a title pawn. Using this method to fund your unexpected situation could provide you with some relief. It's a short-term option that has helped many. 

The form is quick and straightforward. It will connect you with a trusted Georgia Auto Pawn, Inc. representative who can review the process and your options. Send it in 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.

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.