Title Pawn in California

Do you need cash now? You may not realize that you have the option of pawning your car title. Pawning can help you unlock the equity in your title for some cash. It’s so easy to qualify, complete your application and get the cash you need.

If you’d like to know more, you can learn all about title pawning using the information we’ve prepared for you. Find answers to all the most frequently asked questions about title pawns, here.

What is a title pawn?

Pawning is when you temporarily change the ownership of an item for value for a lump sum of cash. The item (in this case, your car title) serves as collateral for the cash provided.

However, to pawn a car title is a little different than most other kinds of pawning. When you pawn car titles, you don’t have to give up the vehicle. Instead, you can use the vehicle to get around and go to work while you’re making car payments.

When the loan is paid off, the title is signed can back into your name.

You may already know the answer to the question ‘how do title loans work’, and if you do, you’re close to understanding how title pawning works. With a title pawn you get a sum of cash that is based on your needs, the value of your car, your ability to repay the loan and other credit criteria the lender may choose to pursue.

What are the benefits of title pawning?

A title pawn isn’t for everyone, but it’s a reliable option if what you need is emergency cash without the hassle. Here are some of the reasons that people choose a car pawn over other options for fast cash.

• Bad credit accepted in some cases
  
  
• Receive cash instantly
  
  
• Excellent customer service
  
• Continue to use your car for all your daily needs
  
  
• Pay in the way most convenient for you
  
• Start your title pawn online

Though car title pawns are easy to qualify for, there are still a couple of requirements you need to meet. You can prepare for most of them before you arrive to complete the paperwork.

What requirements do I have to meet?

You must meet three main conditions in order to pawn car titles:

• Own your car
  
  
• Possess your title
  
  
• Have a regular source of income

You cannot pawn car titles that have liens or other claims on them. You will need to resolve any liens before you move to the next step. If your name is not the only one on the title, you will need to transfer the title to your name. Alternatively, you can have your co-owner sign the loan documents with you.

Required Documents

• An official title
  
  
• A government ID
  
• Photos of the vehicle
  
• Proof of income of some sort

You must be able to present your title at the signing. If you have lost your title, you can acquire a new one by visiting California’s Department of Motor Vehicles and asking for a new copy. You will need to present a legal form of idea that shows that you are the owner of the title.

Finally, you will need to show some proof of income in order to complete the application. It is not necessary to have a high credit score, just proof that you are able to repay the loan. You may also be eligible if you receive money through social security, pensions or other forms of income.

Do you offer car title pawn near me?

Are you trying to find a location for ‘car title pawn near me’? If you live in California, it is very likely that we have a location that is perfectly located to serve you. You can also begin the process of getting a title pawn online by using our website.

When you’re ready to fill out paperwork, you can find our branches throughout California. You can find us in Bakersfield, Los Angeles and many other major cities. Find the closest convenient location to you by entering your zip code, here.

How much can I get by pawning a car title?

The amount that you can borrow when you pawn car titles depends on several factors, including your needs, the value of your vehicle and your ability to repay the loan. The vehicle’s official resale value will be considered, and you will be offered a portion up to that value when you pawn car titles. You may not be offered as much as you would be for a loan, but you will qualify for the amount that you do receive more easily.

Remember that your car’s value will be partly determined by the shape that it’s in. If it has sustained any damage, it will not be assessed at standard resale value. However, that doesn’t mean a damaged car is ineligible for car pawns. Even cars with a salvage title are eligible as long as they have value.

Certain California state laws also apply to how much can be lent for certain types of loans.

How do I apply right now?

You can begin applying for a car title pawn online right now. Start by using the convenient title loan calculator to get an estimate of how much your vehicle might be worth. Then, place a call to have one of our friendly service representatives tell you how to take the next steps.