Tag Archives: atlanta car title pawn

Title pawn & Title loans requirements Get approved ASAP?

Title Pawn insurance requirements and other relevant information below.

 

Title pawn transactions are simply a way to borrow money, using your car title as collateral. In order to obtain a car title pawn, there are certain requirements you must have in line before you apply for your Atlanta title pawn. First and foremost, you must own the car  and owe no monies on the vehicle (you must physically possess the title). Furthermore, this car title must not have any liens from other title pawn companies or other lenders still pending. This is called a clear title, and is a must for pawn transactions.

 

Secondly, your vehicle must have current and up-to-date insurance because essentially, the title pawn company has made an investment and car insurance is a way of protecting that investment when you receive your title pawn. For a pawn that exceeds $2,500, full coverage is typically required. This protects the lender should something unforeseen happen to the car during the period of the  car title pawn.

 

Because accidents are usually not avoidable, should you get a title pawn and then have an accident, any personal possessions and damage to the car is covered. If you fail to maintain car insurance while you have a title pawn, you will not be able to claim any insurance money you receive and may still be in debt with no car and no title. This is why car insurance is essential to have before you apply.

 

All states require car owners to hold a minimum of liability coverage, if that car is being driven on the road, though this is the bare minimum of car insurance and really only protects the other driver should you be at fault. Full coverage includes liability and collision, meaning that both parties in an accident will be covered no matter who is at fault, including the company that performs your title pawn.

title Pawn

title Pawn

VISIT OUR HOME PAGE FOR  MORE INFORMATION www.local-title-loans.com

Atlanta title pawns who will qualify for these type loans?

 

Atlanta title pawn qualifications are not that complicated, in fact many people who think they are not eligible probably are, there are only a few exceptions. First of all, if you have an operable vehicle and hold title to it, then you can apply for a Atlanta title pawn. Title pawns are also  even available for commercial vehicles as well. With a clear and clean title, proof of insurance, and proof of income, just about anyone can receive an immediate cash with a title pawn or commercial vehicle title pawn.

There are however some exceptions to  title pawn requirements.  First of all, under the Safe Harbor Act, active military or active reserve members and their spouses are sometimes not eligible  for Atlanta title pawn services. Alternatively, there are financial assistance programs made available through each branch of the military, so the active military is encouraged to seek assistance there. Additionally, there may be potential problems for an applicant who holds an out of state license or an out of state automobile title when applying for a car title pawn in Atlanta.

For those residents who do have a Georgia license, a title pawn in Atlanta should not be a problem. Furthermore, if your car title is registered in Georgia, it’s even easier to get approved for a car title pawn in Atlanta, and the same goes for commercial vehicle title loans. As long as the owner has a state license and an in-state title, he or she should have little to no problems when applying for a  title pawn in Atlanta, as long as other requirements are met as well such as a clear title, income verification, and insurance verification. Just bring your vehicle, your title, your license, spare key (if you have one), and income documentation that proves your current income when you come in to apply for your Atlanta title pawn.

 

ATLANTA TITLE PAWN

ATLANTA TITLE PAWN

VISIT OUR HOME PAGE FOR  MORE INFORMATION www.local-title-loans.com