Alabama Title Loans will provide you with the best online loans in all of Montgomery!

Having additional cash is never a bad thing, especially if there are sudden expenses you have to make. For a faster way to get a loan, consider obtaining a title loan in Montgomery. Cash assistance is exchanged for your vehicle title in this type loan borrowing. Depending on your vehicle year, model, make, mileage and style you may receive up to $10,000 from our certified lenders. Most importantly, your credit score is not a factor to this loan, most title loan lenders will choose to not do a credit check because of this. To learn more about how these loans work, and how much you may be able to borrow, apply with us now!

What is a vehicle title?

A vehicle title is a documentation that states you are the legal, and rightful owner of a vehicle. You may reach this status when you have paid off the vehicle, whether you bought it from a dealership or a private seller. If the vehicle is bought from a dealership, they will handle the paperwork necessary to transfer the title to your name when you have finished making payments. On the other hand, if you purchased the vehicle from another person, you may need to fill out additional documentations to be brought at your local Department of Motor Vehicles to get the title transferred to your name.

How to Apply for a Title Loan

On this site, you will find an application free for you to use. This will ask you information about your vehicle, mentioned above. In exchange for this information, you will receive a free estimate on the loan amount. This may be subject to change depending on your vehicle condition. You will also need to give us the best way to contact you. With that information, our helpful customer service representatives will work with you to provide you the best service. They will also find a lender willing to work with your situation in your area.

Necessary Requirements for a Title Loan

Before you gather any additional documents, you must be 19 years old or older to receive a loan. If you meet this age requirement, you will need to get your vehicle title, proof of insurance (may be required by some title loan lenders if you receive a large loan amount), proof of income (pay stubs, bank statements, or if you are receiving government aid), and you must also bring the vehicle to the site. The car title loan amount can fluctuate because of the condition of your car. Any external or internal damages will affect your loan, on top of any accidents your car has been involved in. Moreover, once you receive your loan, you will only need to exchange the title of the car so you are free to drive the vehicle whenever you need it.

Payment Responsibilities and Consequences

The only person responsible for paying off this loan is you. You must understand the terms and conditions regarding this type of contract, and know the payment amounts you must make. The contract you receive will clearly identify the payment amount, which may have the interest already reflected, the payment dates, and any legal actions you or the title loan lender can take against each other. In addition, the title loan lender will make you known of your ability to choose early payment. If you are ahead of schedule when it comes to paying off your loan, you are able to do so at any time. Depending on the title loan lender, you may also express any concern regarding any missed or late payments, and they can choose to work around it to make it easier for you