How It Works
How Secured (Auto) Installment Loans Work
Always Money® Secured (Auto) Installment Loans
Secured (Auto) Installment Loans
Secured (Auto) Installment loans are secured by the clear title of your vehicle and a repaid in affordable monthly payments. Always Money® offers Secured (Auto) Installment Loans in Alabama from $100 to $15,000, in South Carolina from $650 to $15,000, and in Mississippi from $500 to $2,500.
Here is how a Secured (Auto) Installment loan works:
1
Complete a short Always Money® application online, over the phone or at the store.
2
We will inspect your vehicle at the store and provide a value to be used in determining loan amount.
3
Provide documents to store employee for verification of application information.
4
If approved, select your terms. Complete loan documents and walk out of the store with cash or a funding check.
5
Sign up for an online account to view your loan details and make payments on your loan.
6
Repay your loan according to the terms of your Loan Agreement.
7
When your loan is repaid in full you will receive your title back.
Always Money® Secured (Auto) Installment Loans Requirements
At least 18 years old (19 for personal loan in Alabama)
Most current checking account statement
Proof of income (most recent paycheck stub)
Proof of residence such as a utility bill, rent receipt or pay stub
Your vehicle and a spare key- the vehicle can be a car, truck, boat, motorcycle or RV
Proof of insurance for loans $3,000 or more
Your lien-free car title
SSN verification (or ITIN verification)
Valid Government Issued Photo ID
Click here for more information on Always Money® Title Loans