Where Can I Pawn My Car Title?

What Does it Mean to Pawn a Car Title?

Looking to pawn a car title to get emergency cash? With a title pawn, you can secure fast funding by pledging the title to a qualifying vehicle as collateral. You can conveniently pawn your car title online with a title pawn lender. Or, you can pawn a car title at a pawnshop!

Some title pawn lenders have storefront locations that you can visit if you prefer to apply for a title pawn in person. Typically, the application process can be convenient and quick, even if you have bad credit. In some cases, you will be able to pawn a car title and maintain access to your vehicle throughout the repayment process.

What are the Pros and Cons of Pawning Your Car’s Title?

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If you qualify for a title pawn, you can get fast access to cash when you need it most! The most appealing feature of a title pawn is the fact that you don’t need a strong credit history to qualify for the financial help you need. Since you are using your car’s title to secure the loan, the application process can be flexible and straightforward.

However, there are a few potential disadvantages that come with pawning your car title. If you decide to pawn your car title at a pawnshop, the pawnbroker may keep your vehicle in their storage yard until the loan is completely paid off. But, if you work with a title pawn lender instead of a pawnbroker, you may be able to maintain access to your vehicle throughout the repayment process.

Additionally, if you default on your loan and fail to catch up with your payments, the lender can repossess your car and sell it at auction to cover the outstanding loan balance. If your vehicle is repossessed by the lender and you lose your primary method of transportation, it will be tough to commute to work.

Before you pawn your car for cash, take a moment to weigh the pros and cons of title pawns. You may want to consider applying for a title loan instead of a title pawn at a shop! If you are eligible for a title loan, you do not need to leave your car in a storage yard to access the quick funding you need. In fact, you can keep driving your car while you pay off the loan! Title loans, like title pawns, are secured by the title to your vehicle, so it is possible to qualify for a car title loan without a strong credit history. Visit the LoanMart FAQ page to learn more about title loans.

How to Pawn a Car Title Near You?

If you don’t know how to pawn a car title, don’t sweat it. Pawning your car title can be simple and straightforward! You can visit a pawnshop or a storefront location to pawn your car title in person. Or, you can conveniently apply for a title pawn online with a title pawn lender. Just use your smartphone or computer to fill out a prequalification form on the title pawn lender’s website.

In order to qualify for a title pawn, you will need to meet the initial criteria and have a couple of documents on hand to verify your information. Typically, a vehicle inspection is required during the application process to determine your vehicle’s current condition and value. In some cases, you will need to drive your car to a storefront location to complete a vehicle inspection and the application process in person.

What Do I Need to Pawn My Car?

Whether you are applying for a title pawn or a title loan, you will need to meet the following initial requirements:¹

• Have a Valid Government or State-Issued Photo Identification Card
• Be at Least 18 Years Old
• Have a Car or Truck Title in Your Name
• Be Able to Provide Proof of Income and Residence

There may be other requirements involved in the application process, but those are the main ones. If you want to pawn a car title or apply for a car title loan, the most important document you will need to have on hand is a car title in your name!

Where Can I Pawn a Car Title Near Me?

You might be wondering, “Where can I find a car pawn shop near me?” Just open the internet browser on your phone or computer and type “car title pawn near me” into the search bar.

While you may be able to find a few different pawn shops for cars in the area, there are other loan options to consider. With a title loan serviced by LoanMart, you can conveniently access an online loan option! There is no store visit required to apply for the emergency cash you need. Just fill out a simple prequalification form online or call 855-422-7412 to apply for a car title loan. If you qualify for a title loan serviced by LoanMart, you could get your loan proceeds in as little as one business day!¹ ³