How Does a Title Pawn Work in California?
If you are looking for a massive surge of cash for whatever reason, a title pawn might just be exactly what you’re looking for.
What Is A Title Pawn?
Well, to pawn something means to use it as collateral to secure a loan, so a title pawn (often called car title loans) would be to pawn ownership of whatever motor vehicle or motorcycle is represented by the title. Just know, for you to qualify for a title loan you will need to be the sole owner of the vehicle, meaning make sure it is in your name, and it has to be paid off entirely with no liens or holds on it. The good news is, with title pawns, you can ask for an amount up to the vehicles fair market value. Have a car worth $10,000, or an ATV worth $4,000? Under the right circumstances, you may be able to borrow up to the full resale amount! Best of all, you can receive your money as quickly as the next day, without having to surrender your vehicle. In fact, you can still hold onto and drive your vehicle as you normally would until you pay off the loan and the title is transferred back into your name!
How Does A Title Pawn Work In California?
Although the process for pawning regular items and pawning a vehicle may be significantly different, it’s still not hard at all to get the money you need from a title within as little as 24 hours. Simply get in touch or meet with a title pawn lender, like our experienced professionals at Traders Loan and Jewelry, to begin the process. We will guide you in filling out all your formal applications, and evaluate your vehicle with a thorough inspection, noting the make/model, age, and condition of the vehicle. We will let you know what documents or information you need to provide, get all your money squared away, and make sure you know everything you need to about your repayment plan based on what we’ve discussed.
Ready to get your title pawn started today so you can receive your heaping sum of cash fast? Reach out to us at Traders Loan and Jewelry now! We’ll help you earn the most for your vehicle, as well as provide you with all the information and resources you need to successfully repay your loan in full so that you can borrow as much as you need without having to worry about any of the same risks you would face with a traditional bank! To get your pawning adventure started, come visit us today at 18505 Sherman Way Reseda, CA 91335, call 818.345.8696 , or simply fill out the form on our contact page if you have any questions.