You can now apply with Premier Title Loans for an online title loan in Atlanta, Georgia! Get same day cash for a car that’s fully paid off and you can keep driving the car while you make payments on the loan. Borrow up to $25,000 with a title loan in Atlanta and you don’t need bad credit.
Most borrowers can qualify for these types of secured loans within an hour or two and you can often get the cash that same day. You don’t need good credit and most lenders in Georgia won’t even check your credit score.
How A Title Loan Works In Atlanta GA
A title loan is basically a secured loan that lets someone borrow cash by using their vehicle as collateral. A title lender will be more likely to approve a loan if there is a vehicle that’s either a newer model or has low mileage. This is because the car’s resale value will determine the amount you can borrow with a title loan. Funding amounts vary but you can often borrow an amount between $500 and $25,000 in Atlanta Georgia. It all depends on how much your car is worth.
A typical title loan is paid off over a certain time period, sometimes it can be a few months but it’s often going to be 1-3 years. It’s important to remember that When you get a title loan in Atlanta Georgia, you need to keep making payments on that vehicle and keep full insurance coverage at all times. If for some reason you don’t make your monthly payment or if your car gets totaled in an accident, the lender will come and get the car and sell it. So what should you do with extra cash after borrowing? You can use it towards anything like paying bills, groceries, gasoline, or other emergency expenses. Your money is there when you need it.
What Are The Basic Requirements For Atlanta Title Loans
Getting approved for a title loan in Atlanta Georgia is fairly simple. You don’t need good credit and the condition of the vehicle is the most important factor. Other various requirements include.
– You must be at least 18 years of age. Title loan companies in Georgia will likely ask for a valid Georgia Drivers License.
– You have to have an active checking account. This is required as the title loan company needs to be able to debit an account for the subsequent monthly payments.
– you must have a valid vehicle with a clear title. that vehicle needs to be fully paid off or it needs to be paid off within the last 6 months (this means cars that are being leased won’t work). Contact the Georgia Department Of Driver Services to get an updated title that reflects you’re the sole vehicle owner.
– you need to provide some basic personal information like your name, address and phone number. In some cases, you may need to provide employment information that shows you make a certain amount of money each month.
Can I Get A Title Loan In Atlanta If I Have Bad Credit
Of course, you should have no trouble getting a title loan even with bad credit or no credit score at all. Secured loan companies in Atlanta understand that people with bad credit or no credit may not be able to get approved for a traditional loan.
Depending on the title lender, you can often qualify with a bad credit score by providing at least 2-3 weeks of documented proof of income. They understand that people who work in some lower-paying jobs may need to take some time off (maybe even up to 6 months) before they can afford their monthly car payment again. The only other criterion is good personal references like friends and family members who are unlikely to let you down if you’re unable to pay the loan back. Another thing to consider is that some title loan providers will actually report your monthly payments to the different credit bureaus. So, yes title loans will go on your credit in Georgia if you make the loan payments on time!
What Else Do I Need To Know About Title Loans In Atlanta GA
You may be able to actually pick up your cash that same day if you apply with a local title loan company in Fulton County. There are many lenders that will meet with you in person and by doing that they can hand you cash as soon as you’re approved. No more waiting for funds to clear or for the money to hit your bank account. This means the entire process can take an hour or less and there are plenty of finance companies in Buckhead and Brookhaven that will allow you to apply online and finish up the vehicle inspection in person at their location.
Fill Out An Application Online Or With A Local Lender in Georgia
Getting an auto title loan in GA has never been easier with Premier Title Loans. Fill out our application online or feel free to get started with a local lender in Atlanta to get cash for your car title today. After receiving your information, you can typically expect to hear back within 30 minutes and the entire process can be completed in a few hours!