22 May 2018   /   0 comments

How to Pawn Your Car Title?

Admin

Living the life of your dreams is something everybody wants to enjoy. Unfortunately, as life usually turns out, there are always times when critical challenges will strike. When you are faced with an emergency that will requires urgent financing to solve, getting a quick emergency loan could be the only option that can get you the money you need fast.

When it comes to getting a loan, don’t think that it’s only banks and similar financial organizations that offer such services. Getting a payday loan is also another option to get a cash loan when you need it. however, none of these alternatives give you the option of getting the cash you need quickly and instantly.

The need for the urgent cash might be to pay your utility bills, fund an important trip, medical bills, funds for maintenance and repairs or funds to settle any other situation that is of financial urgency. If you happen not to be buoyant enough and need money quickly for such unexpected expenses, pawning your car title for some instant cash is the solution.

Most folks who need urgent cash support are car owners. Isn’t it interesting to know that the car they are driving is the solution to their financial troubles? With your car, you can pawn its title in exchange for a speedy loan, and most importantly, regain your financial confidence.

TFC Title Loans is the No. 1 title pawn store you can find near you. We are here to help you regain control of your finances by offering you the best auto pawn loan wherever you are in the US. With your car title, you can get the cash you need either as physical cash or a direct transfer to your personal bank account.

The beauty of pawning your car title for an emergency cash loan is that you still get to drive your car even after you have gotten the loan. But before we go further to tell you how you can pawn your car title, let’s take a look at what it means to pawn your car title for a quick cash loan.

What does Pawning Your Car Title Mean?

If you are familiar with pawning your valuable, like; your jewelries at a pawn shop, then it will be easier to understand how pawning your car title works. And pawning your car title is quite similar to pawning your valuable in a pawn shop on some levels.

To pawn your car title or pink slip means that you are pledging the document that shows your ownership of your car in exchange for a cash loan. A title pawn loan allows you to get some money off the value of your car by simply giving up your pink slip as collateral to guarantee your commitment to comply with repayment of the loan.

Even if what you have is only an equity in the car or vehicle, you can still pawn the car title, provided the equity you have in the car is enough to qualify you for the loan.

Once you pawn your car title and have received the cash loan, the next thing is to make payments monthly to pay off the auto title pawn loan. And usually, the payment is at an interest rate.

Now you know what it means to pawn your car title for a cash advance, what then are the reasons why you should pawn your car title for a quick loan.

Why Should You Pawn Your Car Title?

Are you looking for some extra cash? Do you need the money fast? Is your credit score low or do you have a bad credit? Have you tried getting a loan from your bank but had your application denied? If your answer to all these questions is Yes, there is the reason why you should pawn your car title.

Come to think of it, uncertainties always plague the good life we all want to enjoy, making it a little challenging to make ends meet every now and then. Sometimes, you find out that even the smallest event that requires quick financial response often hits in times when there is no enough cash at hand or in your savings.

If you need cash assistance, and you need this assistance fast or even on that same day, then there is good news. You should go ahead to pawn your car title in exchange for a quick emergency loan.

There are also a whole lot of benefits that come with pawning your car title for a loan, especially when you pawn your car title with TFC Title Loans. They include;

  • Fast and easy to apply
  • Quick approval process
  • You get the cash in 24 hours
  • No application fees or hidden charges
  • No penalty for completing your loan payment earlier than specified
  • Low and affordable interest rate
  • Online auto pawn application with no credit checks

TFC Title Loans is fully focused and committed to see that you gain back your financial confidence. Our experienced and professional title loan representative will work to get you that cash you need to cover your expenses. Our friendly customer service is another cool reason why you should get pawn your car title with us.

How to Pawn Your Car Title?

Before you can pawn your pink slip for some quick cash, you first have to be qualified to do so. And the interesting thing is that anybody can qualify, provided you have;

  • A car,
  • A clear title, and
  • A few other basic auto pawn required documents.

There are three simple steps on how to pawn your car title or get a title pawn. These steps are;

Apply

To pawn your car title for a cash advance, you first have to apply. A title pawn application is your way of saying ‘I want to pawn my car title to get some cash in exchange.’ For your convenience, TFC Title Loans offers you several options to apply for a title pawn. You can come to our title loan office in any of our location close to you, or you can simply visit our website to apply online. You can also call our tool-free line for an over-the-phone application.

Present the necessary documents

To pawn your car title with us, there are a few requirements you will need. These documents are mainly paper to validate your details when you applied and to establish your qualification for the loan. After your application, you are to proceed with this paperwork when you have been approved.

Receive your cash

Before you collect the loan, this is where the actual pawning exercise takes place. You will have to submit your car title to collect the cash. At this stage, the terms of agreement will be issued to you to sign. Once you are comfortable with the terms, you sign in agreement, surrender the title of your car and collect your cash.

What You Need to Pawn Your Car Title

One of the stages involved in pawning your car title is the documentation stage. Here you will have to provide some basic requirements that are needed to pawn your car title. Asides your car and car title, below are a few things we will need from you when you come to us to get a title pawn emergency loan.

  1. Any valid government-issued ID
  2. Proof of your current residence
  3. Any document to validate your monthly earning
  4. The insurance document of your car

Since your car title is what will serve as the collateral to secure the loan, you will need to present a clear or salvage title. The car title must have your name on it, because you cannot pawn your car title to borrow cash against a car title that is not in your name.

Your driver’s license can serve as your means of identification, while your bank statement or paystub can be used to verify how much you earn.

You must be resident in the state you are applying from, and must not be on any active military assignment. You also need to be at least 18 years of age before you can pawn your car title.

Vital Tips You Need to Know When Pawning Your Car Title

As much as pawning your car title offers you an opportunity to pull out some cool cash from your car, there are some important points you need to know about pawning your car title for a cash advance.

  1. Your loan amount is dependent on the Kelly blue book value of your car. So it is important to reach an accurate loan amount that tallies with your car’s value.
  2. When you pawn your car title, you get a cash loan which you will pay back at an interest rate. Therefore, getting the loan at an affordable interest rate is vital.
  3. If you must get the best deal of your car’s value at an affordable rate, then title loan lender you are choosing must be the best. And that is where we come in.

TFC Title Loans understands your predicament when the need for cash is urgent, so we ensure that we serve you the best auto title pawn service. We will help you get your finances back on track when you pawn your car title with us.

Another vital tip you need to know when pawning your car title is that your poor credit history cannot stop you from getting some cash on your car title. We can give you a bad credit title and even a high mileage title loan on the car title you are pawning when you approach us.

Pawn Your Car Title and Still Drive Your Car

The interesting thing about pawning your car title is that you still retain and drive your car. Yes, it’s possible, and that is how pawning your car title works.

In life, there are always tough times, and pawning your car title is the easiest way to raise quick cash in such emergencies. And the fact that you still drive your car after getting the title pawn loan makes this funding option the best way to raise quick cash.

To pawn your car title and still drive it;

  • Apply with TFC Title Loans
  • Bring your car and title to any of our title pawn offices close to you
  • Your car will then undergo an appraisal process to determine its value
  • You get some percentage of this value as the cash loan
  • Review the terms of agreement and sign off
  • Zoom off with your car and cash in your pocket

With TFC Title Loans, you can get a larger loan amount on your car title and still maintain your normal life, driving your car wherever you want to, without any tracking device attached to your automobile.

© TFC Title Loans
All Rights Reserved

Follow Us

Lenders Law Licence Number by DBO 6038192