Your car is your lifeline; it's how you get to work, pick up your children, see your friends, go to the hospital during an emergency, and so much more. It can also be your way to access fast emergency cash through Georgia title pawns. You can borrow from the value of your car without needing to give it up as collateral.

In this guide from Georgia Auto Pawn, Inc., we will explain how you can keep driving your car after a title pawn. We will review the process and why you can keep your car after getting approved before describing how to get approved for online title pawns in Georgia.

Can You Keep Driving Your Car After Taking Out A Title Pawn?

A title pawn is a secured loan that lets you borrow up to $15,000 based on the value of your vehicle. As long as you own your car, truck, or van outright, you can get approved today for quick emergency cash.

As a secured loan, you may fear that you need to give up your car to get approved. That couldn’t be further from the truth. Any loan lender that requires you to leave your vehicle is likely scamming you. The loan is secured using your vehicle title, not the vehicle itself.

Upon hearing that you can keep driving your car throughout the term of your title pawn, your first thought likely centers on relief. However, confusion may quickly follow. After all, how are you supposed to pawn your vehicle without actually pawning your vehicle?

Learn more about how title pawns work below:

How To Get A Georgia Title Pawn Using Your Title, Not Vehicle

Instead of keeping your car as collateral, we place a lien on your vehicle's title to secure the pawn. That way, you can keep driving while getting your hands on the money you need to fund your emergency.

We retain your title during the loan term, and you will regain ownership once you've completed your repayments. Usually, repayment terms are short. However, everybody's terms and conditions are unique, so always check with your representative for accurate repayment information. 

To ensure we can put a lien on your title, it must currently be lien-free. This proves that you own your vehicle outright, with no outstanding judgments or liens. Of course, it must also be in your name. If it isn't, you must go to your local Department of Motor Vehicles office to request a title transfer. As soon as the transfer is complete, you can get a title pawn from us. 

Can You Lose Your Car With A Title Pawn?

While you get to keep driving your car after getting a title pawn, there are circumstances under which you can lose your car. After borrowing the money, you will have to repay it with interest. During the approval process, you will set up a repayment schedule.

If you fail to adhere to this schedule and miss multiple payments, you can default on the title pawn. In that case, the loan lender will be entitled to recoup their value because you failed to make your payment multiple times in a row. They can seize your car, as it is worth what they let you borrow.

The last thing you want to do is lose your car because you failed to repay the loan. Make sure you borrow responsibly by only getting as much money as you need and borrowing for emergencies, not luxuries.

When Should You Get A Georgia Title Pawn?

Although you can continue driving while repaying your Georgia title pawn, it's still essential to borrow responsibly. There's no point in taking on the risk of losing your vehicle for nonessentials. Consider carefully whether you genuinely need the money before requesting a pawn from us. 

While everybody's emergencies look different, the most common justifiable reasons to seek a title pawn are as follows:

• Home repairs — Storm damage, roof repairs, water leaks, and other problems with your house can quickly become expensive. Therefore, many homeowners take out title pawns to fund them. 
• Auto repairs – Mechanical issues with your car can make it unsafe to drive. Borrow a title pawn to replace your car battery, repair worn brake pads, fix your alternator, etc.
• Medical bills — Even the best health insurance policies don't cover everything. If you need a procedure that isn't covered, you may not have sufficient funds to cover it. Title pawns can help you fill in the financial gaps.
• Veterinary fees — You never want your pet to become ill, but it's bound to happen at some point. If they do, you need to be able to find the funds to cover their treatment. That's where a title pawn in Georgia can save the day.

Whatever your reason for seeking a title pawn, ensure that you don't use it to address long-term financial hardship or credit misuse. It's designed for one-off expenses that arise unexpectedly during particularly tight economic times. 

What Are The Requirements For Title Pawns In Georgia?

If you feel you need a title pawn to get through a short-term emergency, you should begin the process by finding the required items. To get approved with Georgia Auto Pawn, Inc., you will only need a few items to prove your identity, age, car ownership, and vehicle value.

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

1. Identification — We use your identification to establish that you are who you say you are and your age. In Georgia, you must be at least 18 years of age to secure a title pawn. The ID you choose must include your portrait photograph, your full legal name, and your date of birth. As such, you can use any primary form of identification, such as your passport, driver's license, military service member's ID card, or student ID card. 
2. Lien-free title — We require a lien-free title to approve you for a title pawn. As previously mentioned, it must be in your name. Plus, the name on the title must match the name on your identification.
3. Vehicle — We accept cars, trucks, and vans. We do not accept other modes of transport, including but not limited to trains, buses, RVs, boats, tractors, motorcycles, and trailers. When valuing your vehicle during an in-person inspection, we will consider factors such as age, mileage, make and model, service history, condition, and more, along with fair market value.

As long as you have these items, you can proceed with the rest of the process. It should take you less than a day to finish the process and get approved for online title pawns in Georgia.

How to Get Online Title Pawns In Georgia

Our approval process for Georgia title pawns takes just a few easy steps. You can begin the process from your home or office with our online form. After providing your basic information, you can visit us in person at one of our 24 Georgia store locations to get approved in less than 30 minutes.

All you need to do is follow these simple steps:

1. Complete the online request form — Start the process by completing our online request form or giving us a call. We suggest filling out our online form for the easiest way to begin the process. Provide your full name, zip code, email address, phone number, and vehicle details online. One of our loan representatives will receive and review your information.
2. Speak to us on the phone — Next, wait for us to give you a call to go through the process and set up a meeting time. We'll answer any questions you have and ensure you have the required items. They will also clear up any confusion you have about pawning your vehicle title.
3. Go to the in-person appointment — Head to your nearest Georgia Auto Pawn, Inc. branch with the documents and your vehicle at the agreed appointment time. We'll analyze your documents and quickly inspect your vehicle to determine how much you qualify for. Provided you are happy with the terms and the amount we can offer you, we'll show you where to sign to confirm your agreement.
4. Receive your emergency funds — You will receive the cash later the same day or by the next business day. You can now pay off your emergency costs and plan to repay the title pawn.

Get A Georgia Title Pawn Now – Borrow Up to $15,000 Today!

Being able to keep driving your vehicle while receiving a title pawn helps fund emergencies and maintain as much stability as possible during tough times. Same-day title pawns let you borrow fast and pay off your cost without needing to worry about your credit score or losing your car.

Are you looking to borrow from the value of your car? Just complete our easy online title pawn form, and we'll be in touch to guide you through every step. Visit us in person to get approved in 30 minutes. Borrow money today and keep driving your car after a title pawn!

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