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Live in Alabama and Need Quick Cash? Title Loans Are Here For You

Live in Alabama and Need Quick Cash? Title Loans Are Here For You

Sometimes, life gets the best of you. You have more bills than you can afford to pay. Then, something breaks or someone gets sick. You have more emergency expenses that were unseen and definitely not included in the monthly budget. You look at the balance in your bank account quickly approaching zero with more bills that still need to be paid. What is a person to do?

There are numerous options to secure cash in Alabama when you need it. Some are much quicker than others are.

One option, in particular, allows you to get the cash you need in exchange for putting your car up for collateral. This type of loan is called a car title loan.

Car Title Loans

There are many benefits to getting a car title loan in Florence, Alabama that make this type of loan a good option for anyone that needs fast cash.

What Are the Benefits of a Car Title Loan?

  • A car title loan in Alabama is easy to obtain. All you need is a lien-free title for your car and a photo ID. You do not have to leave your car at the loan site either, just the paperwork. You drive your car to work and around town while the loan company keeps the title until you have paid back the loan in full and on time.
  • Bad credit is no problem for a car title loan. Because you are putting the title of your car up for collateral, good credit is not needed to get you cash. If you default on the payments, the loan company has the right to claim your car. But, if you make your payments on time, the title of the car is yours. Therefore, a less than stellar credit rating is absolutely not an issue to get approved for a car title loan.
  • The approval process is quick and easy. It does not take very long to get the money that you so desperately need. Many traditional banks, credit unions, and loan companies can take days or longer to get you approved, a car title loan is much faster. You will have your cash in minutes. This is crucial if you absolutely need the extra funds right away. There is no waiting when you apply for a car title loan.
  • The only restriction on qualification is that you must own a vehicle. If you own a vehicle and hold the title, you will be approved for a car title loan. This gives the consumer peace of mind knowing that you will be approved when you walk through the door to the car title loan office.
  • Your loan details are private. No one will know you have a loan taken out on your vehicle; it usually won’t even show up on a credit report.

Is a Car Title Loan in Alabama Faster to Get?

The biggest benefit of a car title loan is the ability to get approved for a loan for a significant amount of money with little to no stress. When you go into the car title loan company location, you know that you will walk out with the money that you need. This has a huge impact on reducing the stress that comes along with applying for a traditional loan.

When you apply for a traditional type of loan, you will have the stress of not knowing your approval status until the bank has reached a decision. If you have less than perfect credit, this wait for approval can be very daunting, adding to the stress of your current stressful situation. Taking a bit of stress away from an already bad day is just what you need to turn your life around financially.

In today’s modern economic world full of credit, loans, and “borrowing from Peter to pay Paul,” sometimes you need a little extra help. If you have made mistakes in the past that had a negative effect on your credit, but you are now in a better situation, you will still be denied a traditional loan. With car title loans, you will have that second chance. You will be able to secure the funds that you so desperately need to get caught up or pay off that emergency and unforeseen expense. With lower interest rates and better payment options than other quick loans, a car title loan just may be the right decision for a lot of different people when faced with financial difficulties.

Florence, Alabama Title Loans

If you’re looking for a car title loan in Alabama, the obvious choice is Select Title Loans. For over 20 years, Select Title Loans has been lending money to people in the Seven Points area. With a stellar track record and excellent interest rates, Select Title Loans has risen to be one of the best lenders in the state.

In some cases, Select Title Loans are able to offer a 0% interest rate for 30 days on new loans. This means you won’t pay anything for 60 days, making the title loan even more convenient for those quick cash need situations.

Virtually the only thing you need is to own your car. This means you no longer have any finance agreement on it, whether from when you purchased it at a dealership or when you took out a previous car title loan. You need to be 19 years of age and have a valid ID. Good credit is not required — Select Title Loans doesn’t perform a credit check and the process is much simpler than if you were to go to a bank.

For the fastest large loan you can get in Alabama, fill out your details on the info sheet at SelectTitleLoans.com. This includes everything you need to advise the lender about so even before you come into Select Title Loans you’ll have pre-arranged your money. All you’ll need to do is come in and pick it up.

 

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OUR LOCATIONS

1203 N. Wood Ave.
Florence, AL 35630
Phone: (256) 767-2100

Hours:
Mon – Friday 10AM – 6PM
Saturday 9AM – 2PM