Title Loans Tuscaloosa, Alabama

Do you have an unexpected situation where money is short and you have tried several ways of solving this financial shortfall, but with no luck? Is the situation giving you sleepless nights of worry? Have you exhausted the options that you thought that you had? Has it been difficult for you and your family to survive in this situation? It must be and so that you don’t feel bad about this, you are not the only American experiencing something as difficult as this. There are many residents even in the city of Tuscaloosa that have been plagued with financial issues like you. When you need money to take care of a financial emergency, it can leave you feeling helpless. The financial fate for you will depend on the specific actions that you are going to take. If you apply for a title loan, for example, you could get rid of this situation by tomorrow morning. Your future could depend on what you do in the next few hours.
The City of Tuscaloosa, Alabama
The city of Tuscaloosa is located in Tuscaloosa County, which can be found in the western area in the state of Alabama. On a list of largest cities in Alabama, Tuscaloosa falls in fifth place. In 2013, an estimate was done on the population by the U.S Census Department. The population at the time stood at 95,334. Tuscaloosa is only fifty seven miles away from the city of Birmingham. In Tuscaloosa County, you will find other municipalities such as Brookwood and Northport. 46% of the population in the entire Tuscaloosa County belongs to the city of Tuscaloosa. You can find several major hospitals in the city as well as the University of Alabama, Shelton State Community College and Stillman College. Learn more about the city of Tuscaloosa by visiting the official website.
The Security
A title loan requires use of a certificate of title to obtain funding. The vehicle is the collateral and security for the loan. For that reason, the loan is considered a secured loan. Once there are no liens on the vehicle and the title is in your name, you are already pre-approved for a title loan. The lender considers it less risky to offer this type of secured loan since the lender is the one to keep possession of your certificate of title until you pay the loan in full. You also have to submit a few minimal items of paperwork along with your certificate of title. This should include:
- Proof of income (depending on your situation, this could be tax returns, paystubs, unemployment benefits, disability benefits, retirement benefits and workers comp)
- Proof of age (driver’s license or valid ID card)
Title Loan Laws
Under Code 5-19A-1, Alabama title loans are administered by Pawnshop Act. A lien can be placed on the vehicle or collateral once the title loan is approved. When the loan balance is entirely paid off, the lender will return the certificate of title to the borrower and the lien applied during the loan process will be lifted
The Process
For borrowers who are looking for a fast way out of a financial quagmire, title loans are ideal. Why? This is the fastest way to get funding in a financial emergency. Title loans are the recommended route since there are no credit checks. That means if you have no credit history or bad credit rating, you could still be eligible. If you have ran out of options, try a title loan.
Apply Now
You can go to the website right now to complete an application and submit it. The approval process starts then and could be completed within 24 hours of submitting your title loan application. So don’t wait. Just do it right now.