A title loan or title pawn is a loan where you use a vehicle title as collateral in exchange for the loan amount. Title loans and title pawns are essentially the same things with similar requirements. Some states, such as Georgia, only allow title pawns. Title loans and title pawns are available in the states listed in our service areas page. The maximum and minimum loan amounts vary by state. If approved for a title loan, the amount you can borrow will depend on your income and the underwriting criteria the lenders use.
You can absolutely keep using your car, truck, or motorcycle! If approved, you get the cash, and you keep driving your vehicle. The lender you are referred to will let you know right away once you complete the application and provide the necessary documents. You will usually receive your funds shortly after. Although this depends on the lender to which you are referred, there are generally no costs to apply for a title loan.
The person named in the title will be the only person able obtain a title loan or credit services using that title as collateral. If you recently bought your car and the title is not in your name yet, you will need to have the title transferred at your county’s tax office before you can use that title as collateral for a title loan. Titles with two names are generally accepted. Both people must be a part of the process and agree to the loan. The lender you are referred to will give you their specific requirements.
You do not need to be employed, but you do need to have some verifiable income. You may be self-employed or receive income from a source, but the lenders we work with will require that you have the ability to repay your loan. You can be retired or on disability. The key here is to have a source of income to verify that you have the ability to repay the loan. Applying for a title loan with In & Out is fast and simple. We only operate online, so we service all areas of the US where title loans are allowed by law. To apply simply fill out the form at the bottom of our page and we’ll take care of the rest! What to talk to someone? Give us a call at 844-567-6042. We accept many types of titles, including original titles, salvage titles, certified copies, and titles that have released liens signed off by another lender.
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