Alabama Title Loans With Fast Pre-Approval

Title loans are now available in Alabama, and Car Title Loans 123 can get you pre-approved in hours. Your car's collateral serves as the security for the loan, and there's often no significant credit check. Most newer vehicles should qualify, and there's a chance you can borrow $3,000 or more with your vehicle's equity and proof of income.

Are you ready to see how much you can borrow with an Alabama title loan? Read on to learn more about how these loans work, what the requirements are and how to get started on your application today!

Get A Car Title Loan In Alabama

Some people prefer to work with an online title loan company, meaning they can do everything from home. Online lenders also tend to have more flexible financing options, including looser qualifications for credit scores and income requirements. Get started by applying with Car Title Loans 123 to see how much you can borrow with a title loan. We'll take your application and then connect you with a direct lender in Alabama that will underwrite and fund your loan!

Another option is to apply with a direct lender in your neighborhood. The downside is that local Alabama lenders often have stricter credit requirements, so you may have difficulty qualifying if your credit score isn't great. Many loan providers in Huntsville allow you to apply directly at their stores, and we also know of a few in Montgomery that allow both walk in and online applications.

What's Required For Alabama Title Loans & How To Get Approved

The approval process for an online title loan is typically quick and easy. You need a valid vehicle title, proof of income, and proof that you're a resident of Alabama. You may also be asked to prove that your vehicle is registered with valid tags and has comprehensive insurance coverage.

The most important requirement for any secured equity loan is your vehicle title. The car's title must be in your possession, and you can't have any other claimants or lienholders on the pink slip. The car title must be paid off, and you can't have cosigners.

Another requirement that we're seeing more often in 2024 is a vehicle inspection. Title loan companies want to know that your vehicle is in good condition and they'd rather inspect the vehicle in person than rely on pictures or videos. The inspection often takes 45 minutes or less, and once completed, you can sign the contract and add the lender as a lienholder to the car's title.

Lenders typically approve Alabama title loans quickly, often within hours of receiving your application. Car Title Loans 123 works with multiple companies within the state, and we'll take your application online and match you with a local loan provider that offers fast same day funding!

What Are Some Other Benefits Of Title Loans In Alabama?

There are many benefits to taking out a title loan in Alabama. One of the biggest is that qualifying is straightforward, even if you have bad credit. Title loans tend to be more affordable, with a lower APR than what's seen from cash advances. Finally, short term loans are a great way to build up your credit score over time by making timely repayments.

A title loan is an option if you can't qualify for a typical personal loan. Look for the best repayment terms and compare rates from different lenders because you'll be locked into a contract secured by the collateral from your vehicle. Loan amounts for title loans in Alabama range from $1,000 to $15,000, so it's best to research licensed companies and only borrow what you need.

I'm Still Interested - How To Get Started On A Title Loan?

We work with several title loan providers in Alabama, and the Car Title Loans 123 team can connect you with a lender offering up to $25,000 for your vehicle's equity. There's no need for a credit check and you can borrow up to 65% of your vehicle's value! Just complete our online application or call us at 844-567-5011, and we'll do the rest.