How Do I Get Same-Day Cash If I Have A Poor Credit Score?

April 27, 2022 | Louis Tully

woman with poor credit

If you have a poor credit score, you know how difficult it can be to get a loan, let alone same-day cash. Even so, emergencies still spring up, putting you in need of same-day cash or quick loans regardless of your credit score.

Luckily, there are options for you to get same-day cash, even if you have a poor credit score. You just need to know where to look. Read on to learn how to get same-day cash if you have a poor credit score.

What To Know About Getting Same-Day Cash With Bad Credit

How Can I Get Same-Day Cash With Poor Credit?

If you have a poor credit score and need same-day cash, you need to look for poor credit lenders specifically. Certain lenders catered to individuals with poor credit or no credit at all. Because poor credit lenders already anticipate you have poor credit, there are loan types that use another form of security and collateral so that you can get the loan you need.

One of the more popular loans that poor credit lenders give out is the auto pawn. The auto pawn uses your vehicle’s title as collateral. With your title as collateral, your credit score is not that big of a factor when determining your same-day loan eligibility.

Georgia title pawns aren’t the only form of loan for those with poor credit, but it is one of the most popular. What’s most important is that you find a poor credit lender that anticipates your poor or nonexistent credit and has other options for you than traditional bank loans.

What Is An Auto Pawn?

As mentioned above, auto pawns are the most popular form of poor credit loan. There are several reasons why they are so popular. Besides being suitable for individuals with poor or nonexistent credit, it can get you quite a bit of money. Unlike other forms of poor credit loans, auto pawns can get you up to $15,000, but the exact amount you are eligible for depends on the value of your vehicle.

Auto pawns are also a favorite because you will still get to drive your vehicle as usual, even after you agree to the loan’s terms. How it works is that you will apply for the loan. If approved and you agree, a lien will be put against your title, ensuring you pay back the loan. While you are paying it back, you get to drive your vehicle. The lien will be removed once you pay back the loan.

auto pawn

What Do I Need To Qualify For An Auto Pawn?

Since you do not need a great credit score to get cash for your car title, there are other things you will need. You will need your driver’s license, a lien-free title to your vehicle, and your vehicle for inspection. A lien-free title is one without any outstanding debts against it. As a result, you own the title outright. The title needs to be in your legal name too. If your title does not fit these two stipulations, it will not help you get an auto pawn.

How To Get An Auto Pawn

The process of applying for an auto pawn is different at every poor credit lender location. Here at Georgia Auto Pawn, Inc., we try to make our application process as fast, convenient, and safe as possible. Here is what to expect when applying at one of our locations:

First, head over to our home page to fill out the inquiry form. This inquiry form only takes a few minutes to send out, and it is encrypted with top technology to ensure it is kept safe. Once you click submit, the form will be sent to the closest storefront location so that we can give you a call. Be sure to answer this call because it is important. We will use this time to set up an appointment, answer your questions, and walk you through the rest of the application process. You get to determine where we have the appointment too. We can come to you, but you can come to us if you prefer.

At the time of your appointment, a representative will evaluate your vehicle and documents. You will formally apply. If approved, you can get your auto pawn money as soon as the same day or the next business day.

 woman got auto pawn cash

Apply For An Auto Pawn Today!

If you’re looking for fast cash but have a poor credit score, you are not without options. By looking for poor credit lenders, you will be able to find loan types suitable for your score, such as an auto pawn.

Georgia Auto Pawn, Inc. offers fast and convenient online title pawns for those with a poor credit score. To get the process started, fill out our inquiry form, and we will contact you shortly to continue the process. We look forward to speaking with you soon.

 

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