How Does A Car Title Loan Work?

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Wondering how does a car title loan work from Panhandle Title? We make it easy to get the cash you need in the Panhandle Title office, conveniently located in Cottonwood, AL. If you need help understanding the basics, here’s a quick guide to how car title loans at our Panhandle Title office work!

1. Get an Instant Email Quote Online, or Come Directly to Our Office

If you want to get started right away with Panhandle car title loans, you can fill out a quick form to get an email quote on our website. Just give us some basic information about your car, and the amount of money you need – our loan officers will take it from there.

Alternatively, you can come into our office, which is conveniently located in Cottonwood, Alabama near the Florida Panhandle area. Get more details here, and come in right away!

2. Make Sure You Meet Our Requirements and Bring Your Required Documents

Before you make the trip to our office, you should make sure that you meet our application requirements for a Panhandle car title loan. To qualify, you will need:

A free and clear car title – Your car title must be in your name, and it must be “free and clear.” This means you cannot be paying any kind of loan on your car, and you must own it outright. If you are repaying a bank or car dealer for your vehicle, you cannot get a title loan.
Proof of residency – We need to establish your legal place of residence. You can use a phone bill, utility bill, bank statement, or some other form of official documentation for this.
Proof of $1,000/month net income – We need you to prove your income before you can be qualified for a Panhandle car title loan, using a pay stub, bank statement, or some other form of income verification.

3. Get Your Vehicle Inspected by One of Our Loan Officers

Once you come into our office to apply for your car title loan in the Florida Panhandle, we’ll need to take a look at your car to verify its mileage, condition, and value. The value of your car is what determines the size of your title loan.

4. Sign for Your Loan and Get Your Cash (Keep Your Keys and your Car!)

Once we’ve inspected your car and approved your application, you will sign for your loan and get your cash right away. Then, we will place a lien on your car title. That means your car will be used as collateral.

5. Repay Your Loan to Get Your Car Title Back

You keep your car and your keys throughout the entire Panhandle car title loan process. To get your title back, all you have to do is repay your loan according to your stated loan terms – it’s just that easy!

Apply Today for a Panhandle Car Title Loan

At Panhandle Title, we make it easy to get the cash you need in the Florida Panhandle area. So, visit our office today or call us at (850) 785-2274, and see how you can get up to $5,000 in just 20 minutes – with no traditional credit checks required!


Responsible Lending

How do title loans work? Is committed to giving its customers the best experience possible.  Car title pawns are secured by the equity in your vehicle. This type of pawn is not intended to be a long-term solution. The max APR for a title pawn is 0%*. Pawn repayment periods can range from 61 to 120 days.

Representative Example: If you choose to pay your pawn within 61 days then the total repayment for a $100 loan is $100.

PAWN AMOUNT (Amount Financed) PAWN TERM (# of Days) PAWN FEE (Finance Charge) CHECK AMOUNT (Total of Payments) APR
$100 61 $0 $100.00 0%
Representative Pawn Examples (Changing Terms) Total
Amount Term Rate (APR) No. of Payments Monthly Payments
$100.00 61 days 0% 2 $50.00 $100.00

 * This offer is only provided to customers whose applications originated via a paid Google advertisement. Your actual rate depends upon loan amount, loan term, credit usage, and history, and will be agreed upon between you and the lender.

Check our Additional Title Products, and discover what other financial options we can offer you!