Do you need emergency money? Looking for a way to get fast cash to cover your bills? You’re not alone.
Almost four in ten Americans don’t have enough savings to cover their expenses for a month. And after a year of the pandemic, job losses, and business closures, more families than ever are facing financial uncertainty.
If you live in the state of Georgia and you need fast cash, you might be wondering what your options are. Did you know you can get the emergency money you need with a car title loan?
If you’re new to the idea, here’s everything you need to know about car title loan requirements in Georgia. You’ll be amazed by how easy it can be to secure the cash you need.
What’s a Car Title Loan and Why Would I Want One?
What exactly is a car title loan? Simply put, it’s a quick and easy way to get fast cash. Rather than relying on your credit score, regardless of what it is, you use your car as collateral to get the funds you need.
Car title loans work for any vehicle you own outright, regardless of its year, make, mileage, or condition. The amount you can borrow depends on the car’s current value. Georgia Title Loans offers loans from $200 to as high as $50,000, depending on the value of your vehicle.
Car title loans are ideal for anyone with less than perfect credit. You can even get approved if you’re between jobs. Unlike other types of loans, the application process requires very little paperwork…more on that later.
Best of all, you can get a loan against the value of your car and continue to drive it. That way, you can still get to work, school, and everywhere you need to go. The lender will simply hold onto your title while you make your payments and return it to you once the loan is paid in full.
Car Title Loan Requirements: At a Glance
This sounds great, but is it really that easy? Yes, it is.
To qualify for an car title loan in the state of Georgia, there are only three car title loan requirements you need to meet:
- You must be 18 years of age (or older)
- You must present a valid state driver’s license
- You must have a vehicle with a clear, lien-free title
There are no credit checks, so bad credit or no credit is not a problem. And title loan companies won’t keep you waiting days or even weeks like banks or other lenders. At Georgia Title Loans, we can provide loan approval in 30 minutes or less — plus you get to keep your car while you pay off the loan!
How does the loan process work? Here are the four steps you’ll need to complete:
- Fill out the simple application form online or at our location
- Visit our location with your vehicle title and valid state driver’s license
- Find out how much cash you qualify for and get approved for the loan
- Drive home happy with the cash you need
After that, it’s simply a matter of making your loan repayments on time. We offer many ways to pay, including through a convenient app. As soon as your loan is paid off, we’ll return your vehicle title to you.
Title Loan Laws: What Else Do I Need to Know?
To wrap up our discussion, let’s cover a few FAQs about title loans to ensure you have the full picture.
1. Can I really get a title loan for any type of vehicle?
Yes! It can be a brand-new car or a 30-year old truck. You can even get a loan against your motorcycle. As long as you own the vehicle outright, you can qualify for a loan.
2. Do I have to buy extra insurance?
No, you’re not required to purchase roadside assistance or any other extra insurance. Your current insurance policy for your vehicle is all you need.
3. How do I make my loan payments?
We make it as easy as possible to repay your car title loan. You can pay with cash, cashier’s check, money order, or through a deposit into our bank account.
4. How long will it take me to pay off the loan?
The length of the loan contract will depend on how much you borrow and how quickly you can repay it. In general, you can have the long for as long as you need it, as long as you keep up with the minimum monthly payments. The loan originates after 30 days.
5. Why should I choose Georgia Title Loans?
Having been in business for over 25 years, we are one of the most popular title loan companies in the greater Atlanta area. We also offer a $100 referral bonus if you send in a friend and we approve them for a loan.
Need Fast Cash? Call Georgia Title Loans Today<.h3>
A car title loan won’t solve all your problems, but it can give you the emergency money you need to get out of a tight spot. Regardless of your credit history or employment status, you can get a title loan in Georgia. The only car title loan requirements are that you’re at least 18 years old, have a valid state driver’s license, and a clear title to your vehicle.
Most loans are approved in 30 minutes or less, meaning you’ll walk out the door with the cash you need in hand. Best of all, you get to keep your car while you pay off the loan!
So what are you waiting for? The financial help you need is just a short drive away at Georgia Title Loans. Click here to start the loan application process and see for yourself how easy it can be.