Millions of people lost their jobs or had to take significant pay cuts because of the COVID-19 pandemic. Though the US government has released stimulus checks, and the new vaccine is the first step towards a normal life and economic recovery, many families face the biggest financial challenge of their lives. As families navigate through this financial uncertainty, one common question that comes up is, "Can I pawn my car title without a job?" We'll answer this question and more below.

Need Money Now: Unemployed People Searching For Title Pawns

People are resilient. They will find ways to bounce back: getting odd jobs, starting small businesses, and tightening their budgets to get through the lean months. While it’s difficult, they have decided not to give up—and every day, they get out of bed and make things work.

All these people need is a little helping hand. They may make enough to put food on the table or pay for utility bills, but they aren’t prepared for huge and unexpected expenses, such as car repairs or the medical bills of a family member.

These bills—which can range from hundreds to thousands of dollars—can bring an already struggling family to their knees, since they need money now unemployed.

Unfortunately, the people who need financial help the most are the ones who don’t have that many ways of getting it. Since they don’t have a job, or if their credit history has been affected by late bills payments or bounced checks, they aren’t eligible for bank loans.

Title Pawn: Financial Help for Everyone, Any Time

However, there is financial help available. Anyone can apply for a title pawn—even if you don’t have a full-time job, high credit score, or need money now unemployed. All you need is a vehicle that is registered under your name.

What are title pawns?

Title pawns are short-term loans where you use a vehicle as collateral. You can borrow up to $15,000, depending on the type of vehicle and its current condition.

How do you determine the value of my vehicle?

The value of your vehicle is based on a nationally recognized pricing guide and the condition of the vehicle, which will be determined by a physical inspection.

What are the benefits of a title pawn?

• No credit history requirements. Even if you have a low credit score, have current credit issues like bounced checks or bankruptcy, or are unable to present any kind of credit history, you are still eligible for a title pawn.
• Minimal documents. Many bank loans will require proof of employment and taxes, proof of assets, credit history, and even ask for someone to co-sign or act as a guarantor for a loan. This is difficult and tedious to produce. On the other hand, title pawns require you to show a government issued ID and vehicle title, and go through a quick vehicle inspection, with not much basis on your credit.
• Simple processing. With a credible and experienced lender like Georgia Auto Pawn, you can enjoy a simple online application process, and be personally assisted by customer service every step of the way.
• Raise cash quickly. Since it doesn’t need a lot of documents and red tape, you can get the money within the same day the loan is approved, especially if you need money now unemployed.
• Keep your car. You can continue using your vehicle during the duration of the loan, as long as you keep the payment schedule.

What kind of vehicles can I use for collateral?

You can use a car, truck, or SUV to take out an auto pawn. To qualify, the vehicle just needs to be:

• Fully paid for
• Registered under your name (if it is not under your name, but the owner is willing for it to be used as collateral, you need to have it transferred to you at the local DMV)
• Lien-free, or with no outstanding loans or judgments against it

It is not possible to take two loans on a vehicle at the same time. However, after you have paid of a loan, you can use the same vehicle to take another car title pawn.

How can I apply for a title pawn?

Georgia Auto Pawn has one of the simplest processes for applying for an online title pawn. It combines the convenience of online application, with the personalized service of having a loan representative assisting you through every step.

1. Go to our website and fill out the simple online form. This information is confidential and is only used to assist you with your application.
2. A store representative from the nearest Georgia Auto Pawn branch will contact you. They will explain the process, the documents you need, and answer any questions you may have about the need for money now unemployed.
3. Go to the nearest branch to submit documents and have a quick, five-minute inspection of your vehicle to establish the amount of cash you qualify for.
4. If you are comfortable with the loan terms, you just need to finalize some documents. Then, you can get the cash and leave with your vehicle.

For more information about title pawns and other short-term pawns, visit our website.

Over the past year, our country has felt the hardships of being in need of money now unemployed. Do not wait until you are in too deep to ask for help, get it now with a quick title pawn online with the help of Georgia Auto 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.