Title pawn how much

Come to Complete Cash in Georgia for a quick financial solution. Find a Store. How Title Pawns Work Title pawns tend to have higher interest rates than traditional or signature loans because there are no credit checks or limits based on a history of bankruptcy. Title Pawn Charge Examples. A Word of Caution Opting to extend your title pawn agreement past the original day period will result in paying more charges than you intended. Get Started. Back to the top. But beware — title loans can mean trouble for borrowers.

To get a title loan, you need to have equity in your car. Although you can continue driving your car, some lenders may install a GPS device to track it. Sometimes they also make a copy of your keys. Both of these tactics can help lenders repossess your car if you default on the loan. While title loans may seem like a good idea when you need a short-term loan, they have serious drawbacks.

This new loan again adds more fees and interest to the amount you already owe. Unfortunately, borrowers on average pay more in interest and fees than the amount they borrow. A study from the Consumer Finance Protection Bureau found that, for people who have to roll over their title loans, one out of every five loans end with the car being repossessed.

Another requirement for getting a car title loan in all states except for Alabama, is that you must have some form of regular income.

This can be either from employment, disability, retirement, or another source. You must also be able to provide a government-issued ID. If you prefer to apply for a loan with us online , you can do so on our website. You can even apply for a loan by calling our toll-free number. We accept all cars that are paid off and have value in them. Also, you can continue driving your car after being approved. We just hold on to your car title until you pay off the loan using the comfortable and affordable payment plan that we set up for you.