Title loans offer a quick and easy way to get cash. They can be a helpful tool when facing unexpected financial challenges, from funding home repairs to paying overdue bills. Here are some title loan basics to help you understand the application process and make an informed decision:
What Is a Title Loan?
Title loans are secured loans that use your vehicle as collateral. They typically offer a fast approval process and do not require credit checks, making them a good option if you have bad credit. They are generally considered short-term loans designed to help people facing immediate financial needs, but you can use them for any purpose. The lender holds onto your vehicle’s title while you repay your loan. With Georgia Title Loans, you can continue to drive your car while you repay.
What Is the Process Like?
Our process is quick, easy, and accessible. You can apply as long as you are 18 or older, have a valid driver’s license, and have a clear (lien-free) title to your vehicle. To get a loan, you can follow our four-step process:
- Apply for a loan. You can do this online or by calling one of our locations. We will gather your contact information and specific information regarding your vehicle, such as the make, model, and year.
- Bring your driver’s license and your vehicle title to one of our service centers. We may inspect your vehicle and ask additional questions.
Get approved. The amount of money you qualify for will depend on your ability to repay the loan and the value of your vehicle. We can approve most applications in 30 minutes or less.
- Get your cash. You get to take the cash and your car home, and we give you instructions on how to make your payments on time.
What Are the Benefits?
There are many benefits to taking out a car loan with Georgia Title Loans, including competitive rates and flexible repayment options. We provide car loans for any vehicle type, condition, year, and mileage amount. This allows you to borrow anywhere from $200-50,000, depending on your vehicle’s value. We also accept all credit. You can still get a loan if you don’t have established credit or your credit score is low.
We have some of the most competitive interest rates in Georgia, helping you get the most out of your loan. You can have quick access to cash without purchasing extra insurance. Simply apply, get approved, and leave with your cash, all during the same visit. You can also keep your car throughout the duration of your loan. We offer flexible repayment plans, allowing you to make payments with cash, cashier’s checks, bank deposits, and money orders.
Apply for a Car Loan Today
Understanding the basics of car loans can help prepare you for the process. At Georgia Title Loans, we can help you overcome your financial difficulties by offering you a loan from $200-50,000, depending on the worth of your vehicle. Upon approval, you get to leave with your cash and your car. Apply with us today to see how much you can borrow.