Extra money never hurts especially if you have expenses that need to be addressed, and with that in mind, there are multiple ways to get quick money in Alabama. However, the quickest and easiest way is to get a title loan in Prattville. These loans are typically known as pawn loans, since you are giving up your vehicle title to secure the loan you receive. Vehicle titles are granted to those who have made the payments needed to secure ownership of their vehicle. Another benefit of taking out a car title loan is that your credit score is not a factor! Contrary to banks and other lenders, your credit score is not a necessary evil to getting a loan anymore. Apply with us now and see how much you can get for your car.
Where can I get my title?
You can get your vehicle title in Prattville at the Autauga County Probate Office, located at:
Address: 176 W 5th St, Prattville, AL 36067
Phone: (334) 361-3725
Steps to Applying for a Loan
Applying online for a title loan is an option you may choose to take. Applications are available at your convenience, and can be submitted online whenever; 24/7. Information surrounding your vehicle like the make, style, mileage, year and model are the only factors that determine the amount you receive. After you provide us with this, you get a car title loan quote based on that information alone. You may need to provide us with a contact information, which will only be utilized by our skilled and professional loan agents. The loan agents can talk to you more about how these loans work, and also find a lender who will work with you in your area.
At the site, you must bring your vehicle title, as well as any other documentation needed like:
- Photo ID (Driver’s License, Passport, State ID)
- Proof of Income (pay stubs or recent bank statements)
- Proof of Insurance (some lenders may require you to present proof of insurance when taking out a loan)
Other Necessary Requirements
Unlike other states that offer title loans, you must be 19 years old or older in Alabama to enter a contract with a lender. You must also bring the vehicle with you when you go get the loan. The lender must keep a detailed record of your vehicle. They must also produce a ticket that includes the date of the transaction, the amount you received, when the maturity date is, the payment amounts you must make, when they are due, a description of your height, sex and race, as well as information about you: name, address, and date of birth. You must keep this ticket, and if it is lost or damaged you may have to pay additional for a duplicate.
Disclosures Provided by the Lender
The contract must be written and orally expressed to the consumer. There must be a statement regarding the lending period, which is 30 days, and the maturity date. It also outlines the right of a title loan lender to sell the item if you do not make the payments on time or fail to make any payment at all. Furthermore, the contract will hold you personally responsible for getting the vehicle title back from the lender after you have made all the payments needed towards your loan. You must understand and read over these terms before signing.
Vehicle sale occurs after repossession. The lender must notify you of both vehicle repossession and sale. The proceeds of the sale are used for your loan, and if there is a remaining balance, you receive the rest, or if you owe money you have to pay it off.