Loan Types: Title Loans
Always Money® Title Loans
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Looking for a fast way to get cash in Alabama? Always Money® offers title loans up to $10,000, providing a quick² solution to put money in your wallet while keeping your keys in your pocket.
What Is a Title Loan?
A title loan allows you to use your vehicle’s title as collateral to secure a loan, instead of relying only on your credit score for unsecured loans. At Always Money®, we provide title loans on cars, ATVs, motorcycles, boats, RVs, commercial vehicles, construction equipment, landscaping equipment, logging equipment, and more!
How to Secure an Always Money® Title Loan
- Apply for the Title Loan: Bring your vehicle and title to an Always Money® location. Our team will appraise your vehicle and determine its value.
- Get Approved: Upon approval, your loan amount is determined.
- Receive Your Cash: Once you sign your contract, you’ll get your money and can still drive your vehicle.
Title Loan Repayment Options
To reclaim your title, you need to repay the entire title loan balance plus interest within a specified timeframe. Borrowers have flexible repayment options:
- Full Repayment: Pay off the full balance and interest to get your title back.
- Loan Renewal: Pay at least the minimum interest due to extend the loan period. Interest will continue to accrue on the remaining balance during the extended loan period.
- Partial Payments: Make payments exceeding the minimum interest due to reduce the principal amount owed, lowering the overall cost of the loan.
Why Choose Always Money®?
- Fast Cash: Get approved and receive your money quickly².
- Keep Driving: Keep your vehicle while repaying the loan.
- Flexible Terms: Choose from various repayment options to suit your needs.
What do I need to get approved for an Always Money® Title loan?
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
Title Loan FAQs
At Always Money®, you can borrow up to $10,000 in Alabama, depending on the value of your vehicle. Our loan specialists will appraise your vehicle to determine the loan amount you qualify for.
No, but it helps. You do not need a good credit score to qualify for a title loan with Always Money®. We use your vehicle’s title as collateral, making it easier for those with poor credit to secure a loan.
Yes, you can continue to drive your vehicle while repaying the loan. We hold onto the title as collateral, but you retain full access to your vehicle.
It may be possible to get a title loan on a financed vehicle, but this depends on the amount of equity you have in the vehicle and the specific terms of your loan. Our loan specialists can help you determine if you qualify.
Yes, you can pay off your title loan early without any prepayment penalties. Paying off your loan early can help you save on interest costs.
Always Money® title loans are processed in-person to ensure a smooth and secure transaction. Visit a store near you to get started!
Benefits of Always Money® Title Loans
At Always Money®, we understand the urgency of your financial needs. That’s why we offer an efficient approval process, ensuring you get the cash you need without delay. Once approved, you’ll receive your funds immediately.
One of the most significant benefits of our title loans is that you can continue to drive your vehicle while repaying the loan. We only hold onto the title, so you retain full access to your car, motorcycle, ATV, or any other eligible vehicle.
Always Money® offers title loans on a variety of vehicles, including cars, motorcycles, ATVs, boats, RVs, commercial vehicles, construction equipment, and more.
At Always Money®, we pride ourselves on providing transparent and trustworthy service. Our loan terms are clear, and we ensure that you understand every aspect of the process before you commit. We are here to answer any questions and guide you through every step.
* The estimated value of your car will be provided in store at the time of application and may differ from the amount from Consumer Reports based on car details, condition and Lender underwriting requirements.