“What is a car title loan?” It’s very simple: a title loan is just a short-term loan where you use the value of your drivable, lien-free car or truck as collateral. More importantly, a title loan is a fast and easy way to obtain the extra cash you need for any reason whatsoever.
When you secure a title loan at Alabama Title Loans in Birmingham or Pelham, we hold the vehicle title and give you the much-needed cash while you keep your keys and drive away in your own car. We calculate your loan based on the value of your vehicle and your ability to make repayment, which means you can end up with anywhere between $150 to $5,000 in your pocket. We offer title loans with a 30-day renewable contract. There’s no waiting period and no credit check.