Qualify For A Title Pawn Near Me
Besides a car title loan or equity loan, one option to get quick cash is with a title pawn. A title pawn is when you borrow money against the title of your car. You can use the title pawn to quickly get cash and repay the loan with interest over time.
You’ll need to follow a few steps to get a title pawn. The first thing is to find a title pawning lender near you. Many companies offer title pawns, so there’s a good chance you’ll find a licensed Florida lender you can meet with in person. Besides looking for a company in your neighborhood, you can conveniently apply to pawn your car title online. By applying online, you can get things submitted quickly, and there’s no hassle driving around and looking for the best lender.
You must meet a few basic requirements to qualify for a title pawn online. You must prove you have a paid off title with no cosigners. You need to provide income verification or some proof of employment. This usually means providing pay stubs or other proof of income showing the title pawn lender you have enough money in each pay period.
Loan Funding Amounts With A Title Pawn
Loan amounts vary and are solely based on the vehicle’s resale value. Most title pawn companies will lend you anywhere from $400 to $5,000. Title pawn companies in FL will offer loans that start at $500 and go up to $15,000 for customers with high value vehicles. Some states outlaw title pawn loans, and others, like Florida, have regulations that limit loan amounts.
How Long Does It Take To Get My Cash With A Title Pawn?
This depends on the title loan company, but most title lenders can fund your loan within 24 hours or less. Sometimes, you may get the money you need in as little as one hour if the title pawn lender is near you and offers quick cash pickup. If you need fast funding, it can be helpful to search for title pawn lenders near you that offer same day cash payments. Otherwise, it will take 1-2 business days to have the cash sent to your bank account through ACH.
Can I Get A Title Pawn With Bad Credit?
One of the great things about title pawn loans is that you can get approved even with bad credit. That’s because title pawn companies don’t focus on your credit score when deciding. Anyone with a lien free title should qualify for a title pawn, including those with a bad credit history! Contact Florida Title Loans at 888-986-8505 to pawn your vehicle today!