A title pawn is a way to get fast cash now if you have bad credit or you can't wait for the lengthy approval process of traditional loans from banks and credit unions. But they aren't for everyone. So, let us take a look at how title pawns can help you get fast cash now and when they're helpful.

What Is a Georgia Title Pawn?

Georgia title pawning is a short-term type of borrowing that allows you to get up to $15,000 in emergency cash, depending on the value of your vehicle. Title pawns don’t require piles of paperwork, full-time employment, or perfect credit, and that’s what makes them one of the most accessible types of borrowing. The process is fast and hassle-free which makes them an option worth considering in emergencies.

How to Get Fast Cash Now In 5 Easy Steps 

To get fast cash now with this type of financial aid, you need to follow the steps below (after ensuring your car will perform decently against the criteria above):

1. Submit An Online Inquiry Form

Call your nearest Georgia Auto Pawn, Inc. location or use the online inquiry form. The form sends your information instantly to the store of your choice.

2. Wait For A Phone Call

One of our friendly loan representatives will call you back to talk through the Georgia title pawn process. They will also tell you about the required documents and answer any questions.

3. Head To A Meeting With Our Representative

After the phone call, head to your nearest storefront with your car, clear car title, and your driver's license or state-issued ID.

4. Wait For The Representative To Inspect Your Vehicle

When you arrive, you'll sit with a loan representative who will evaluate your documents and inspect your vehicle to determine the amount you qualify for. Then, the loan associate will go over the rest of the approval process and answer any more questions.

5. Sign The Agreement And Get Your Cash

Once you've filled out any additional documents with the help of our loan expert, you'll get the cash you need either on the same or next business day and leave in your own vehicle!

The entire process could take just 30 minutes. Not to mention that you keep your vehicle while you're repaying the loan.

How The Value Of Your Vehicle Is Determined

• The national market value for the make and model of your vehicle — Luxury automobiles are, of course, worth more than the rest. Manufacturers like Range Rover, Lexus, Audi, BMW, Acura, and Mercedes are higher quality and performance. Therefore, you could possibly get more money, provided the other factors line up.
• The condition of your vehicle — If your car is in good condition, it will be worth more. Regularly rotating the tires, changing the oil, and keeping up with maintenance ensures everything is in good working order.
• Your vehicle's mileage — Have a look at your odometer prior to starting a title pawn. The higher the mileage, the less valuable your vehicle. It's mainly due to the fact that it will have more wear and tear than the same make/model with fewer miles.
• The age of your vehicle — During the first five years of your vehicle's life, it will lose roughly 60% of its original value. Car manufacturers are constantly introducing new vehicles with new and improved technology, pushing their older models further down the pay scale. While this is great when it comes to buying a car, it won't help you if you need a title pawn.

When Are Georgia Title Pawns Useful to Get Fast Cash Now?

We briefly touched upon the fact that title pawns are not for everyone. And we stand by this statement. If you can find other avenues, or your situation doesn't call for an urgent influx of cash, it's worth trying other options before turning to this type of financial aid.

With that said, they are certainly useful when your situation does come with the need to get fast cash now, such as:

• Medical bills that were entirely unexpected or much higher than anticipated
• Urgent travel costs
• Repairs to your home following storm damage
• Overdue bills (rent, utilities, etc.)

To figure out whether your circumstances truly need cash right now to solve, ask yourself the following questions:

1. Do I need to handle the situation right now?
2. Will the problem get worse and cost more money in the future if I don't pay for it as soon as possible?

If the answer to either is "yes", a Georgia title pawn might be the way to go. But if you answered "no" to either, you should try some other financial routes before calling on us to get fast cash now. Just be open and honest with yourself, and you'll find it easier to decide.

 

Get Fast Cash Now With Us at Georgia Auto Pawn, Inc.

When your circumstances need you to get fast cash now, you can count on Georgia Auto Pawn, Inc. to help you get it. All credit situations are welcome to apply. So, if you're over 18, own a vehicle, and are going through a financial crisis, we're just a phone call away. Call us today at 800-514-2274 or fill out a short inquiry form on our website.

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