Title Loans in Peachtree Georgia
There are times when people in the United States need cash and decide to sell their vehicle. However, title loan lenders will give you another option so that you don’t have to get rid of the vehicle that is required for your daily commute. You can get quick cash from a title loan lender to take care of any financial problems that you are facing. You don’t have to give up your vehicle either. Why would you want to do that? How would you get to work then? Before you make that drastic decision, consider a title loan as the solution to your financial issues.
The City of Peachtree
The city of Peachtree is located in Fayette County within the state of Georgia. It is considered the largest city within the country. The U.S. census data accumulated in the year 2010 indicates that the population was 34,364. Peachtree is part of the metropolitan area of south Atlanta. It is to the westerly area of Coweta County and just north of Tyrone, another city in the metro area.
Here are some facts about the city of Peachtree:
- Central office of the National Weather Service in Atlanta relocated to the area in 1994
- During the Olympics in 1996 , the flame passed through the city of Peachtree while on the way to the city of Atlanta
- When the movie titled “Sweet Home Alabama” was being filmed in 2002, the city of Peachtree was the location
The Title Loan Laws
The interest rate on a Georgia title loan as indicated by the Georgia Legislature and the Department of Banking and Finance is approximately 25 percent per month. The loan term can go as long as three months in comparison to most states that only allow a loan to be no more than 30 days while you still can rollover the loan after repaying the balance. Title loans in the state of Georgia cannot be rolled over more than eight times.
Unlike other financial institutions that ask for a social security number to pull your credit, a title loan lender does not. In fact, the title loan lender has no need for credit ratings or credit histories because your vehicle is the security interest for the loan, reducing the risk to the lender in loaning you money. So, if you are in a situation where your credit is bad or there is no credit history, you can still obtain a title loan.
If you want to apply for a title loan quote, your vehicle should be free and clear of any liens. The vehicle registration should also be current as well as your car insurance. When you receive funding, your certificate of title remains with the lender until you pay off the loan, then it is returned to you.
It is easy, fast and simple to get a title loan. You could see the money in your bank account within a number of hours. However, in the meantime, to speed up the process, gather the documents from this list:
- Proof of income (paystubs, tax returns, retirement income, disability benefits, worker’s compensation, social security benefits or unemployment benefits are acceptable)
- Proof of age (driver’s license or valid ID card)
- Original certificate of title
- Vehicle registration
Yes, you guessed right. You have come to the next step and that is applying for the title loan. It is a three step principle: fill out the application, submit it and then have the loan reviewed and approved. So, don’t wait. Do it right now.