One of the easiest and quickest ways to receive some fast cash is a title pawn loan in Georgia. A title pawn opens you up to receive a larger amount of money for your loan.
You will want to work with a licensed provider, as you don’t want to lose your vehicle or get taken advantage of. Be sure you choose a reputable company with a legal rate when you use a title pawn loan.
If you need a bit more money than a regular short-term loan can provide, you can use your vehicle as collateral and get more cash when a big emergency hits.
To get a title pawn in Georgia is a relatively simple process. Just bring in a working car, truck, boat or motorcycle titled in your name and without any liens. You’ll receive a loan offer and can have cash in your hands that day if accepted.
You will get to retain the vehicle provided you make the payment on time. Bring in your vehicle, get the cash you need, and get back to living your life.
One advantage of a title pawn loan is that a low credit score won’t matter. Since you are providing collateral, no credit check is required.
A bank will not approve anyone with poor credit history and even if they did, it would take too long to receive the funds. You do have another option with a Georgia title loan and it won’t take 30 days to get it.
Just come into any store near you with your vehicle, the deed, your ID, proof of income, and a spare key. Once the application form is filled out, you will know within minutes if you are approved. The size of your loan will be determined by the value of your vehicle and your current income.
You can receive up to $10,000 dollars with a title pawn in Georgia. It’s not recommended that you take the absolute limit unless you really need it. The interest is higher than a traditional loan and it is due in full in 30 days.
You have 30 days to pay off your title pawn loan, but it can be extended if you need more time by paying a small service charge.
It’s important that you know what you are getting into before you sign a contract. Failure to make your payment as agreed to in your contract means you may lose your car.
Neither you nor your lender want to go through the process of repossession. If your car is repossessed due to non-payment, you will have to pay fees and penalties to get your vehicle back.
The key to a successful title loan is don’t borrow more money than you can handle.
Getting a title pawn in Georgia is a straightforward and quick process provided you have all the proper documentation. Always make sure you understand what you are agreeing to in the contract before you sign it.
You can find out more at Lending Bear or simply stop by one of our locations and we’ll be happy to answer any questions you might have.