Getting a title pawn is quite a straightfoward process. First, make sure you have what you need to get approved. The only requirements are the title to your car, income and address verification, and an extra set of keys. Basically, if you’ve got your car paid off and have a way to pay the loan back, we want to help you.
A pawn is essentially a 30 day loan. You can borrow the money for as many 30 day periods as you want, so long as you pay at least the minimum amount due each month. This amount will be on your pawn contract, and it’s based on how much money you borrow. Here’s the great part: you only have to pay the interest. So if you’re having a tough month, you can make a smaller payment to “get over the hump” in a tight spot. And it gets better: As you pay your balance down, it gets cheaper to extend the loan another month. And it even gets better than that: Customers needing more than three months are rewarded with lower interest rates. This is to help you get your title loan paid off easier, with less interest - so that you save money and get your title back faster!
In a nutshell, it’s easy to get approved and you can take as long as you like to repay the loan with monthly payments. In fact, the longer your loan is open the cheaper it gets. Our interest rates are not set in stone like the competition, we always do our best to get you the best interest rate available and do everything we can to help you understand how title pawns work and how you can repay your loan in the most convenient and money saving way possible!