Valdosta Title Pawn is a responsible lender. A title pawn/loan is a short-term, secured loan using the equity in your vehicle as collateral. This type of pawn is not intended to be used long term. The maximum annual percentage rate (APR) for a title pawn is 0%*, including interest rate plus fees and other costs, with a minimum repayment period of 61 days and a maximum of 90 days.
Representative example: If you choose to pay your pawn within 61 days then the total repayment for a $100 title loan is $100. This includes all applicable interest and fees.
*This offer is valid for customers applying online. Your actual rate depends upon loan amount, loan term, credit usage and history, and will be agreed upon between you and the lender.
Alternative example: If you choose to pay your pawn back in three (3) monthly payments of $33.33 (plus an additional $.01 on the final payment), then the total repayment for a $100 title loan is $100. This includes all applicable interest and fees.
Truth In Lending
We comply with disclosure requirements required by the state of Georgia and with federal disclosure requirements, including the Federal Truth in Lending Act. Our title pawn contracts fully outline the terms of the transaction, including the cost of the service fee both as a dollar amount and an annual percentage rate (APR). We further ensure full disclosure by making rates clearly identifiable to customers before they enter into the transaction process, unless not permitted by federal, state, or local law. We also disclose in bold letters that failure to comply with the terms of your pawn contract may result in the forfeiture of the pawned collateral.
This is a solicitation, not a guaranteed offer, and is subject to manager’s approval along with a complete and approved application. Approved amount is subject to vehicle evaluation and information collected in the application process. Results and actual loan amounts may vary. Certain limitations apply. All loans subject to customer’s ability to repay and manager approval. Interest, fees or costs may apply. Valdosta Title Pawn is a licensed pawnbroker in the state of Georgia. All title pawns subject to liberal credit policies and limitations, if any.