What is a title loan pawn?
A title loan / pawn is a quick and convenient way for someone, who owns their car without any liens, to get cash using their car as collateral. It allows consumers to use an asset they own (their car) to solve short-term cash flow problems without having to sell their car. Without title lending, consumers would be forced to sell their car in a time of need.
How does it work?
- Take your vehicle and lien-free title to a Fast Cash Title location.
- Fast Cash Title will appraise your vehicle.
- Based on the appraisal of your vehicle and your ability to repay, Fast Cash Title will determine how much cash to advance to you.
- Fast Cash Title will hold your title.
You keep your car and get the cash you need.
What if I have bad credit?
Fast Cash Title is here for people with bad credit. In fact, your credit history is not a factor in the title transaction approval process. Your credit will not be affected by applying for a title transaction or after getting a cash advance. If you have filed for bankruptcy protection in the past, Fast Cash Title is here to help you solve your short-term cash needs..
What is required to be approved for a title transaction?
To be approved for a title transaction you must be at least 18 years old and have the following:
- Title to your car with no liens
- Proof of a source of income
- Proof of residence
A government-issued I.D.
You do not need good credit. Fast Cash Title does not check your credit or use your credit history in any way in the approval process.
*Approval subject to vehicle inspection and appraisal.
Does the car title have to be in my name?
Yes. The car title must have you listed as the legal owner of the car you intend to use as collateral for the transaction. If you are listed on the title along with another person then you should call the location nearest you to determine whether or not the other person listed on the title has to apply for the cash advance along with you.
How do I know if I will be approved for cash?
The best way to know if you will be approved to get cash is to bring the items required to complete a title transaction listed above to a Fast Cash Title location and complete a customer application. Fast Cash Title will evaluate your vehicle and application and let you know in about 15 minutes whether you are approved and how much cash is available to you.
How much cash can I get?
Cash advance amounts range from $50 up to $100,000. The amount available is based on the vehicle appraisal and the customer’s ability to repay.
How long does it take for me to get cash?
If you have all of the items required to complete a transaction with you when you come to Fast Cash Title, the whole process from application to cash in your hands will take about 30 minutes.
How do I get my title back?
Your title will be returned to you immediately after paying back the full amount due on your account.
Why acquire cash from a title lender / pawnbroker?
A title transaction enables you to acquire cash based on the value of your car but without actually losing its use. The process is based on collateral not credit.
What transaction rate should I expect to pay?
The transaction rate for a Fast Cash Title title loan / pawn is similar to the cost of other financial transactions. For example: a typical $750 title transaction at Fast Cash Title would cost you about the same as a $750 tax refund loan with a leading national firm.
Aren’t title transaction rates considered high?
Not if you consider that title lenders / pawnbrokers do not base their decision on credit. Fast Cash Title transactions are non-recourse, don’t allow for deficiency balances, and don’t require collision insurance on the vehicle used as collateral.
What if I cannot payoff my account balance?
Since you keep your car, you always have the right to sell your vehicle to another party, pay off your account and the keep the excess proceeds from the sale.
What if I am late with a payment?
If you are seriously late or non-responsive, vehicle repossession could occur. However, Fast Cash Title considers repossession a last resort because repossessions are expensive and time-consuming. Fast Cash Title returns excess proceeds from vehicle sales to the customer.
What happens if my vehicle is stolen or is involved in an accident?
If your vehicle should become totaled in an accident or stolen while your title is being held as collateral, you keep your money, and if you don’t have collision insurance, Fast Cash Title gets nothing
Why choose Fast Cash Title?
- You don’t have to sell your car. Fast Cash Title gives you an alternative to having to sell your car in a time of financial need.
- We beat our competitors. Get the money you need for a lot less.
Fast Cash Title gives you the most money for your vehicle. The most money at the lowest rates, that’s hard to beat!
How do I find Fast Cash Title location?
Call Us 770-454-1020 and we will tell you.
Or Use Mapquest with the following link Fast Cash Locator.