Alabama Title Loans will provide you with the best online loans in all of Huntsville!
Have you felt hard pressed lately and have a difficult time making ends meet? Is it keeping you up at nights because you are worried about how you are going to get out of this mess? Is your financial situation as a result of an unexpected occurrence or is it that you just lost your job or have had a long illness? If money is tight, it means that you may not be able to pay your bills or see your way financially. You are not alone because there are many people in the city of Huntsville and across the United States going through financial hardship or setbacks.
The great news is that there is a way out. A car title loan could be your immediate solution. However, you must own your vehicle free and clear before you are able to be considered eligible. You also need to prove that you have a regular source of income. If you lost your job temporarily, this is not difficult, if you are receiving unemployment benefits since this can be used as a source of income. If you are retired, the lender will accept your social security benefits as income. If you are self-employed, you can use your tax return as proof of income. So, the primary concern should be your vehicle as collateral, making sure that there are no liens. Let your car get the cash you need to solve your financial problem by applying for a title loan today.
Department of Motor Vehicle
Address: 815 Wheeler Ave NW, Huntsville, AL 35801
Phone: 256-427-7138
Website
The City
The city of Huntsville is considered a fairly large city with a populous of 188,226 residents. The city has 54 neighboring constituents. On a list of the largest Alabama communities, the city of Huntsville falls into fourth position. The city’s populous are filled with single individuals between the age group of 20 and 30. Many of them are graduating students or college students. Some have started professional careers in and out of the area. Learn more about the city by visiting the official website.
Police Department
Police Chief is Mark McMurray
Address: 815 Wheeler Ave NW, Huntsville, AL 35801
Phone: 256-427-7114
Website
Title Loan Laws
In the state of Alabama, the title loan industry is governed and restricted by the Small Loan Act. Lenders are called pawnbrokers. This was decided on by the Supreme Court in 1993, which offered the new classification of lenders to receive coverage under the Pawn Shop Act.
The Process
If you have a vehicle that you own free and clear, you could qualify for a title loan. Your vehicle will be assessed the fair market value and then the lender will give you a percentage of the value. The title loan application and approval process is simple and smooth as you don’t need much paperwork to have your application processed. You will need:
- The certificate of title to your car and there cannot be any current liens
- Some lenders will inspect the car while others don’t. It may depend on the year of the vehicle and the resale value
- A valid photo ID or current driver’s license
- Proof of Income
When the title loan has been approved, you will usually get cash in your bank account within 24 hours. The loan is short term so you will get 30 days to repay.
The Vehicle
If you have a vehicle and it is in your name and the title is free and clear with no apparent liens, you could be qualified to apply for a title loan. Your vehicle will be assessed to find the value, after which, you will receive a percentage of the value as the loan amount.
Apply Today
Apply for a title loan quote today. The application process is fast and so is the approval process. Fill out an application today, if you are 18 years or older, have a regular income and own your car free and clear.