What is a Title Pawn?
Similar to Car Title Loans, Title Pawns use your vehicle as collateral. Title Pawn lenders consider your car title rather than credit history or credit score to provide you with the necessary money.
Title pawns offer instant cash at competitive interest rates and convenient payment options. You can apply for a Title Loan online now and get the cash same day.
How to Pawn a Car Title?
You just fill out a simple online application or visit a loan store to pawn your car title to get a loan with no credit check, no extensive paperwork, no faxing, etc.
After pawning the vehicle title you can take out your car’s equity and keep driving your car. Since then you’ll need to make monthly payments on the value of the title until you’ve paid back the amount of the pawn.
Title Pawn FAQs
How to get a Car Title Pawn?
To get a Title Pawn you need a clear car title and valid government-issued ID, such as your driver’s license, for example. Approval is guaranteed even with bad credit, or no credit at all.
How to repay Title Pawns?
In most cases, you will have about a few months to repay your title pawn. If necessary, you can extend the terms. There’s also a Title Pawn refinance option at lower interest trates and better terms.
What are the benefits of getting a Title Pawn?
Here are just a few of the advantages Title Pawns offer:
- Affordable interest rates
- Any credit score welcome
- Quick financing
- 24/7 customer service
- You keep driving your car
- Various payment options
- Fast and easy online application
What are Title Pawn requirements?
The requirements for a car title pawn differ a bit from state to state, but the basic criteria require the following things:
- Your car
- The lien-free auto title to the vehicle whose owner is you
- Government-issued ID, like a driver’s license or state ID
- Proof of income (it may be employment, Social Security, pension, or another dedicated source of income).
How to pawn a Car Title?
Apply online or visit a pawn shop. At the car title pawn location, have your vehickle inspected by a sales manager. He will assess the make, model, year, and condition of the car to determine the value of your pawn.
Your car will be evaluated in a few minutes and you’ll find out what amount you can get. If you agree with the loan terms and conditions, you’ll get the Title Pawn by check, or in cash same day.
What to watch out for when pawning a Car Title?
There’re some things you should know before you apply for a Title Pawn:
- The value of your car can be based on different factors
- Interest is applied to your title pawn amount.
- Additional insurance on your vehicle may be required for the terms of the pawn.