What You Need To Get Atlanta Title Loans
Most personal loans have a long list of criteria and required documents needed for approval. Assuming you have the right credit score, you’ll still spend days or even weeks gathering all the information and filling out forms.
That can be a problem. What if you don’t meet the credit criteria? What if you need the money right now to pay off an urgent expense like hospital bills or house repairs? What are your other options for borrowing money quickly and conveniently?
You can consider title loans as an option. These are personal loans where you use your vehicle title as collateral. It has fewer requirements and a shorter and easier application process. With Auto Cash USA, you can even start your request online, connect with one of our lenders and get the money you need as early as the same day your loan is approved.
Here are the only things you need (and don’t need) to get Atlanta title loans.
The 7 Essential Title Loan Requirements In Atlanta, GA
1. You Need To Be The Registered Owner Of A Vehicle
Title loans (also known as auto pawns within the state of Georgia) are loans that use a vehicle title as collateral. So, the most important requirement is that you own a vehicle and it is registered under your name.
Owning A Vehicle Outright
The vehicle must be owned outright, meaning you have already paid off any car loans you used to purchase it.
Registering A Vehicle Title In Your Name
If the car is yours, but it is not officially registered under your name (i.e, because a family member gave it to you but didn’t change the title, or it was part of a separation settlement but is still legally a shared asset), you will need to go to the local DMV to have the title transferred.
2. The Vehicle Title Needs To Be Lien-Free
In simple terms, a “lien” is a legal right to possess a property or asset that belongs to another person until a debt is paid off.
Therefore, a lien-free title is a title with no outstanding claims or judgments and is not currently being used as collateral for another loan.
3. You Do NOT Need To Have A High Credit Score
Unlike traditional bank loans, you do not need to meet a minimum credit score to apply. This makes Atlanta title loans a viable option for people who have a bad credit history due to previous financial problems, or those who have not yet been able to establish a long credit history.
4. You Do NOT Need To Meet Specific Employment Requirements
Banks will usually ask for proof of regular income from a “stable” income source. But unfortunately, their definition of stable is limited. If you are a freelancer, have several part-time jobs, or are running or helping out with a small home-based business, you may still be denied.
Atlanta title loans do not require you to have a traditional, 9 to 5 job in a company to qualify for a loan. Such lenders recognize different types of income sources and understand that many jobs are flexible with employment arrangements.
5. You Need To Be At Least 18 Years Old
All contracts require that the person is of legal age. Atlanta title loans are a financial agreement that must also meet this government-wide regulation.
6. You Need A Government-Issued ID
You can present a driver’s license, passport, or any ID card that has been issued by the state or the U.S. government. The ID must be valid (i.e, not expired) and should have the same name as the one listed on the vehicle title.
7. You Need A Vehicle Inspection
You can basically use any car, truck, or van to apply for Atlanta title loans. However, the loan amount you qualify for is determined by the vehicle model, condition, age, mileage, etc.
That is why Atlanta title loans require a vehicle inspection. This will only take a few minutes and will allow a fair assessment of your loan amount.
Apply For Atlanta Title Loans Now!
As stated, you can get a loan in Atlanta with just a vehicle title, a government-issued ID, and a vehicle inspection. With Auto Cash USA, you can get started online making the process even faster!
Just fill out the inquiry form on our homepage to connect with the nearest licensed vendor for Atlanta title loans. Once you have done that, simply wait for a call from a loan specialist to find out more.
During the call, set up an appointment for the agent to meet you at your preferred location to verify documents, conduct a vehicle inspection, and fill out a few forms. If the loan is approved, the final paperwork will be emailed to you for your e-signature, and the money will be deposited into your bank account the same day or the following business day.
This is one of the most convenient ways to apply for Atlanta title loans. You can skip long lines and waiting times, speak directly to a loan specialist, and get immediate answers to any of your concerns.
Click on the form and start your process for Atlanta title loans now.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.