How a Title Pawn works

THINGS YOU NEED TO KNOW ABOUT HOW TITLE LOANS WORK

Are you wondering if car title loans near Gainesville from Lake Title are right for you? Not sure what to expect when you come in and apply for a car title loan at our office? Here are a few things you should know about how car title loans work, and about what you should expect when you apply for a car title loan at our office.

1. It’s Easy to Get Approved for Title Loans at Lake Title

We will need  you to bring the items below to get you qualified

  • We will do a quick 5 minutes auto evaluation
  • Clear, lien-free Title in your name (or registration if Title is electronic)
  • Proof of address (Utility/phone bill, bank statement, lease, or 5 matching mailed items)
  • Valid driver's license or State ID (front and back)
  • *NO INCOME REQUIRED - proof of income showing $1,000 or more per month in net deposits could help your qualify for more funds in some cases
  • Photos of inside and outside of your vehicle including odometer and license plate
  • Clear, lien-free GA Title in your name (or registration if Title is electronic)
  • Proof of address (Utility/phone bill, bank statement, lease, or 5 matching mailed items)
  • Valid driver's license or State ID (front and back)
  • *NO INCOME REQUIRED - proof of income showing $1,000 or more per month in net deposits could help your qualify for more funds in some cases

2. You Keep Your Car and Your Keys 

Worried we will keep your car? We get it – but we don’t need your car or your keys. All we keep is your vehicle title. We will put a “lien” on the title. That means that if you don’t pay your loan, we can repossess your vehicle.

Don’t worry, though – as long as you make your payments on time, you will keep your car! We just need to hold onto the title as collateral for your loan.

3. You will Get Your Cash on the Same Day You Apply

We make it easy for you to get fast cash with title loans near Gainesville, Florida. Once you come into our office, apply for a loan, and are approved, we will give you cash immediately, and you can use it for your emergency expenses right away.

4. You Need to Repay Your Car Loan to Keep Your Car and Get Your Title Back

Before you apply for a car title loan, we recommend that you make sure your finances are in order and that you will be able to repay your loan within the specified time frame.

This is because, if you fail to repay your loan on time, Lake Title has the right to repossess your vehicle. However, as soon as you completely repay your loan, the lien on your title will be lifted, and you’ll get your title back.

Apply for Car Title Loans near Gainesville, FL Today!

With our convenient locations in South Georgia near the Florida state line, Lake Title makes it easy to get the emergency cash you need. Get started by visiting our website now, or come to our office in Lake Park, GA.

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At Lake Title, we believe in providing clear, upfront information so you can make informed financial decisions. Our collateral-based solution offers fast access to short-term funds secured by your vehicle’s title. These are not long-term financial solutions and are best suited for temporary financial needs.

APR Disclosure & Representative Example:

Our Annual Percentage Rate (APR) may be as low as 0% for qualifying individuals.* Actual APRs vary depending on factors such as the requested funding amount, repayment term, available promotions, and individual financial profile. A mail processing fee of $5.91 may apply. Repayment terms range from 61 to 90 days. All applicable rates and terms will be clearly disclosed before funding is finalized.

The following example is for informational purposes only:

Repayment
Term
61 days
Estimated
APR
32.99%
Finance
Charge
$87.50
Amount
Requested
$1,500.00
Estimated Monthly
Payment
$793.75
Total
Repayment
$1,587.50

*Not all applicants will qualify for promotional rates. Final terms are subject to eligibility and applicable regulations.

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

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