Car Title Loans In Alabama With Fast Approval
Are you looking for fast cash lending options In Alabama? Banks and credit unions are typically only going to approve applicants with perfect credit, leaving few options for people who would otherwise qualify.
If you have a vehicle that’s fully paid off, you may want to consider an Alabama title loan company. These title pawn loans near me have a quick application process, and you don’t need much to apply online. When you take out a title loan, you use the available collateral from a vehicle to back up your borrowed money. To borrow cash using your vehicle’s title, all you need is a copy of your car’s pink slip showing you are the sole owner and no subsequent liens on the title. The car’s title is the main requirement to get approved for vehicle title pawns in Birmingham, AL.
Bad Credit Title Loans In Alabama – How To Qualify
Anyone with bad credit looking to borrow more than you could get with a payday lender should consider a bad credit title pawn. These loans range from a few hundred dollars up to $10,000 in AL, depending on your vehicle’s value and ability to repay the loan. Just because you have poor credit does not mean you can’t be approved for a title loan. A title loan uses your car as collateral, and there’s a chance you won’t even be subject to a credit check!
What Else To Know About Car Title Loans In Alabama
Anytime you take out a title pawn in Alabama, you should be able to keep driving your vehicle. Now that you can sign over the car’s title to the lender, they no longer need to hold the vehicle as collateral. The only caveat is that the company can repossess your vehicle if you default on the loan to recoup its losses. Anyone in Alabama facing repossession from their lender because of lack of payment should first negotiate an alternative payment plan.
Another thing to note when considering Alabama title loans is that there is no set loan term. You can borrow a few hundred dollars or well over $10,000, and the repayment term is up to you and primarily based on how much you can afford to pay each month.
Finally, anyone taking out auto title loans in Huntsville should beware of lenders who try to roll over your loan balance after the initial term is up. Don’t let a lender add on fees or other charges to your loan after you agree to initial repayment terms!
Apply Now And Get Cash in 24 Hours With A Title Loan In AL
Fill out the online application here from Title Pawn Online to see how much cash you can borrow. We’ll take your application online and contact you to finish the underwriting and schedule a time to inspect the vehicle. You can also call Title Pawn Online at 888-370-7434!