If you’re facing a financial crisis that you cannot afford out of pocket, a Georgia title pawn can help provide fast cash to handle your urgent expenses. A car title pawn can provide emergency cash to help you during a tough financial time and allow you to avoid service interruptions or late fees.

In this guide from Georgia Auto Pawn, Inc., we will explain auto title pawns to first-time borrowers, including what they are, what benefits they provide, when you should consider one, and the requirements for Georgia auto pawn loans.

What Is A Title Pawn?

A title pawn is a secured emergency loan that allows you to borrow emergency cash using your vehicle equity. If you have fully paid off your vehicle, you can pawn your car title to receive quick cash to handle a financial crisis.

You can offer to pawn your car title as collateral for this emergency loan to prove you will repay the loan. The loan lender will place a lien on your vehicle title that will remain on your vehicle until you pay back the total cost of the emergency loan. So long as your payments are made on time, you can keep your car as usual during the auto pawn.

Why Should You Get A Car Title Pawn?

As a first-time borrower, you may wonder when you should get a Georgia auto pawn. This type of emergency cash loan should only be used for financial emergencies. A title pawn is not for paying for a vacation, buying a new house, or purchasing a brand-new wardrobe.

Those who get car title pawns should borrow responsibly and only get one during a financial crisis. This is a last-resort option for those who have no other way to pay for a financial emergency and wish to avoid eviction, service disruptions, late fees, and credit reductions.

The following are the financial emergencies that can call for a title pawn:

• Auto repairs
• Necessary home renovations
• Late rent, mortgage, or utility bills
• Medical bills
• Unexpected travel costs
• Veterinarian bill payments

How Much Can You Get For A Georgia Title Pawn?

At Georgia Auto Pawn, Inc., we allow borrowers to receive up to $15,000 for their loan. However, not everyone can get approved for that much money. The value of your title pawn will depend on a number of factors, but the most important is the value of your vehicle.

One of our loan representatives will inspect your vehicle during an in-person meeting to determine its value. Some of the factors that can influence your title pawn’s value include your car’s make, model, year, interior and exterior condition, and mileage.

What Are The Requirements For A Title Pawn?

Georgia title pawns do not require you to meet a long list of requirements. Unlike traditional bank loans, you do not need to wait weeks to get approved after providing tons of required items. At Georgia Auto Pawn, Inc., we only allow borrowers to meet a few requirements, such as being 18 years old and having a clear car title.

We also require them to have the following required items:

• A driver’s license or state-issued photo ID
• A lien-free car title in your name
• Your vehicle for a quick inspection

During an in-person meeting, one of our loan representatives will verify that you have the required items mentioned above. As long as you meet the requirements, you should be able to get approved for a title pawn to provide emergency money for your financial crisis.

What Are The Benefits Of Car Title Pawns?

Title pawns offer benefits that you cannot get from other types of emergency cash loans. The speed and ease of the approval process allow those suffering from financial strife to seek a solution that can help them immediately. If you need to pay for a financial emergency, learn about some of the benefits of title pawns to determine whether it is the right finance option for you.

The following are some benefits of car title pawns:

• Quick access to funds: We do not have a long and complicated process for approval of title pawns. You can start the process and receive your cash the same day to handle your urgent expenses quickly.
• No store visit required: Georgia Auto Pawn, Inc. offers online title pawns, meaning you do not need to visit one of our store locations. Our loan associates will meet you at a convenient location to help you get approved without disrupting your day.
• Approval for bad credit borrowers: Title pawns are secured with a lien-free car title, meaning you do not need to have good credit to get approved. Get a bad credit loan through a title pawn to receive the emergency money you need.
• Keep your car during repayment: You do not need to lose your car when getting a title pawn. We allow borrowers to keep their vehicles during repayment to avoid disrupting their daily schedule.

The Process For Getting A Georgia Title Pawn

At Georgia Auto Pawn, Inc., we keep the approval process for title pawns simple to allow first-time borrowers an easy time getting approved. As long as you meet our requirements, you should be able to get emergency cash to help with a financial crisis. Our approval process only requires a few short steps and can allow you to receive your emergency funds as soon as the same day or the next business day.

The following are the steps in the approval process for a Georgia title pawn:

• Fill out our online inquiry form with your basic information
• Answer a phone call from a loan agent to discuss getting a title pawn
• Agree on a location for the in-person meeting, like your home or office
• Bring your required items to the in-person meeting for verification
• Allow the loan agent to inspect your vehicle to determine your title pawn’s value
• Sign title pawn documents to complete the process
• Receive your emergency cash through direct deposit the same day or the next business day

Get A Title Pawn With Georgia Auto Pawn, Inc. Today!

Now that you understand title pawns, you can follow our straightforward process to get approved for emergency funds. If you face a financial crisis and need cash today, Georgia Auto Pawn, Inc. is here to help.

Start the process for online title pawns today by filling out our inquiry form. Soon after, one of our friendly loan agents will call you to walk you through the quick and easy approval process to help you get the fast cash you need for your financial emergency.

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