Payday Loan 
Title Loan 
Personal Loan 
Business Loan What are Title Loans in Trussville, Alabama?
When you need financial help to pay for important bills or unexpected expenses, you may consider a title loan. Title loans in Trussville, Alabama are short-term loans that are secured by the borrower’s vehicle title. They are a fast and easy way to get the money you need since they are typically approved quickly and repaying them is also simple.
Are Title Loans Legal in Alabama?
Yes, title loans are legal in Alabama. Title loans are governed by Article 8, Chapter 18 of Alabama Code and the state has strict regulations in place to protect borrowers. For example, title loans can be no more than $500 and they must mature within 30 days. In addition, several consumer protection laws are in place such as the borrower can’t be charged more than 17.5% interest per month on the loan and there are no prepayment fees.
How do Title Loans in Trussville Work?
When you take out a title loan in Trussville, you will use your vehicle title to secure the loan. You will be given a loan based on the value of your vehicle and your ability to repay the loan. You will give the lender your vehicle title as collateral and they will hold onto it until the loan is repaid.
The loan term usually lasts for 30 days, but you can usually extend the loan for an additional fee if necessary. During the loan term, you will be responsible for paying the interest and fees associated with the loan. At the end of the loan term, you will be required to repay the full amount of the loan, plus any interest and fees.
What is the Eligibility Requirements for Title Loans in Trussville, AL?
The eligibility requirements for title loans in Trussville, AL vary from lender to lender. Generally, you will need to meet the following criteria in order to qualify for a title loan:
- At least 18 years of age
- Have a steady source of income or can prove ability to repay the loan
- A valid driver’s license or other form of government-issued identification
- Own a vehicle with a clear title and title in your name
What documents do I need to Get a Title Loan in Trussville, AL?
When applying for a title loans in Trussville, AL you will need to present the following documents:
- Proof of income (pay stub, bank statement, etc.)
- Photo ID
- Vehicle registration
- Vehicle title
Apply Now for Title Loans in Trussville, AL
If you need fast cash, a title loan in Trussville, AL may be the perfect solution. Applying for a title loan is simple and fast. Fill out the application on TheGuaranteedLoans website and we will connect you with lenders in your area.
FAQ About Title Loans in Trussville, AL
What are the benefits of getting a title loan in Trussville, AL?
Getting a title loan in Trussville, AL has several advantages, including fast approval and easy repayment. Title loans are also convenient because you can use them for any purpose you need.
What types of vehicles can I use to get a title loan in Trussville, AL?
Most lenders will accept cars, trucks, vans and motorcycles as collateral for a title loan in Trussville, AL. However, some lenders may require a specific type of vehicle, such as a late model car.
How much money can I get with a title loan in Trussville, AL?
The amount of money you can get with a title loan in Trussville, AL depends on the value of your vehicle and your ability to repay the loan. Generally, you can get up to $500 in title loan with flexible terms and conditions.
Will I need to pay a large fee to get a title loan in Trussville, AL?
No, you don’t have to pay a large fee for a title loan in Trussville, AL. Title loans are regulated by the state and lenders can’t charge more than 17.5% interest per month on the loan. In addition, there are no prepayment fees associated with title loans.