Auto title pawns are a good option if you're looking for quick cash to cover unexpected emergencies, like home repairs, veterinary expenses, or medical bills. They are fast to process and have less strict requirements, making them popular among borrowers with bad credit. However, not all vehicles qualify for these pawns — August GA title rejection reasons exist. 

In this guide from Georgia Auto Pawn, Inc., we will explore the three main reasons your car might not qualify for a title pawn. We also reveal some additional obstacles and the final step-by-step process that helps you get an auto pawn from us at Georgia Auto Pawn, Inc. 

3 Reasons Your Car May Not Qualify For Title Pawns In Georgia

Most people have a good chance of receiving positive news after submitting the relevant paperwork, provided they own their car outright. Title pawns are well-known for their flexibility and simple requirements. Despite this reputation, lenders like us don't approve every application, and the reason could be because of your car.

Here are three reasons your car may not be accepted for a title pawn in Georgia:

1. Your Vehicle Isn’t Valuable Enough

We use your vehicle's value to determine whether you qualify for a title pawn from us (and, if approved, how much you can receive). Therefore, your car needs to retain some value to gain approval. If it doesn't, then we can't approve you. 

While many factors influence your car's value, the following tend to have the largest negative impact:

• Age — Generally, the older your vehicle, the less it’s worth. Of course, this doesn't apply to classics or vintage cars, but for the average owner, expect your car’s value to go down as it ages — in fact, many lose up to 60% of their value within the first five years!
• High mileage — High mileage is considered to be anything over 12,000 miles per year. Thus, if you have a two-year-old car with 48,000 miles on it, its value will be negatively impacted. On the other hand, the same car with just 10,000 miles on it will be worth more.
• Customizations — People often believe that customizing or modifying a vehicle immediately increases its value, but this is not true. In fact, modifications like spoilers, decals, custom paint jobs, racing stripes, lowered suspension, and aftermarket exhausts usually decrease its value.
• Incomplete service history — If you can't prove that you've taken regular care of your vehicle, its value will diminish. Your vehicle must be well-maintained to retain its value; otherwise, it will depreciate over time.
• Poor condition — If your car has any mechanical faults, electrical issues, bumps, scrapes, dents, stained interiors, scratches, or other cosmetic damage, it will be worth less than vehicles without such problems.

As long as your car can still run fine, you should be able to get approved for a title pawn. However, really old vehicles or damaged cars won’t get accepted because they aren’t worth enough to the lender to secure the loan.

2. You Don’t Own Your Car Outright

To qualify for an auto pawn in Georgia, your vehicle must have a lien-free title. This proves that there aren't any outstanding liens, debts, or judgments against the vehicle, allowing us to place the one-and-only lien to secure your title loan. 

You must fully repay your car before you can use its title as collateral for a title pawn. This includes making payments to the car dealership, paying off any outstanding loans against the vehicle, and settling any traffic infractions.

3. You Have The Wrong Vehicle Type

Some people mistakenly think they can acquire a title pawn with any type of vehicle. However, we only accept cars, vans, and trucks. Other vehicle types are not accepted. If you have one of the Atlanta, GA, title pawn ineligible vehicle types, you will not be able to get approved for emergency cash.

Here is a list of some vehicles that are not accepted:

• ATVs
• RVs
• Campervans
• Motorcycles
• Boats
• Tractors
• Buses
• Trailers

Why Else Can You Get Denied Title Pawn Approval?

The other main reason you will not get approved for a title pawn is failing to meet our requirements. While we have simple requirements, there are certain people who may fail to meet them and will get denied if they apply for a title pawn.

You must be of legal age to qualify for a title pawn. In the state of Georgia, this age is 18. Trying to secure a title loan before reaching the legal age will result in immediate denial. You also must have the right documents necessary for approval, which we will verify during an in-person meeting.

Here are the required items for a title pawn in Georgia:

• State-issued identification — We accept all types of primary identification, including your driver's license, passport, military servicemember's ID card, and student IDs. Whichever option you choose, ensure it displays your portrait photograph, full legal name, and date of birth. As mentioned, you must be at least 18 years of age to qualify for a title pawn in Georgia.
• Lien-free title — You must provide proof that you own your car outright without any liens or judgments by presenting your lien-free title. It must match the vehicle you bring for inspection, and the name on the document must match your state-issued ID. If the car's title isn't in your name, visit your nearest Department of Motor Vehicles to request a title transfer. Once the transfer is complete, you can apply for a title pawn.
• Your vehicle – We also must see your vehicle before you can get approved. We will have to inspect its value, based on the factors we mentioned above, to determine if you can get approved. This process determines if your vehicle has sufficient value for approval and how much you can borrow.

You must have sufficient income to afford the additional loan payment. While being self-employed, unemployed, or on disability allowance isn't an automatic disqualification, you must have a verifiable source of income to ensure you are in a position that's financially comfortable enough to take on the responsibility. Only borrow money you can afford to repay to avoid a debt spiral.

How To Get A Title Pawn With An Eligible Car

Provided your car doesn't fall into the Atlanta, GA, title pawn ineligible vehicle types category, you can get a title pawn from us in a matter of hours. All you need to do is complete our quick title pawn approval process, which can take less than one day. Begin the process online and get approved at one of our stores in less than 30 minutes.

Here is the step-by-step guide for getting title pawns:

1. Get in touch with one of our store locations directly by phone or take advantage of our online inquiry form. It sends your information straight to your nearest Georgia Auto Pawn, Inc. branch. 
2. We'll give you a call to discuss the process, ensure you meet the requirements, and answer any questions.
3. Head to your nearest Georgia store location with the documents and vehicle discussed during the phone call.
4. After we greet you, we'll sit down and examine your documents before quickly inspecting your vehicle to confirm whether you qualify for a title pawn. 
5. If you are happy with the amount we can offer you, we'll walk you through the final steps of the process, which include signing some paperwork.
6. You’ll receive your title pawn cash later that day or by the next business day.

Borrow Title Pawns In Georgia – Receive Up To $15,000 Today!

As long as your vehicle has sufficient value, you have a lien-free title in your name, and it qualifies, you have a good chance of getting approval for a title pawn from Georgia Auto Pawn, Inc. The process is very simple, all credit types are accepted, and you get to keep your car.

Get started right now by filling out our online title loan form. We will call you to discuss the next steps, and you can visit us in person today to get same-day approval for title loans. Apply online for title pawns in less than 30 minutes!

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