You may have seen commercials or local businesses advertising their auto title loan service, and maybe you’re wondering how exactly title loans work. Auto title loans are designed to provide you with quick cash when you need it simply by having a lien-free car title.

Here at Auto Money Title Loans, our team is here to help you get approved and get your cash fast when life takes an unexpected turn. Read on to learn more about auto title loans and how we can help! 

What Are Auto Title Loans?

Also called a title pawn or car title loan, an auto title loan is simply a secured loan given to you by a title loan company, like Auto Money, where your vehicle is used as collateral. These loans are typically short-term, and the interest rate, terms, and loan amount will vary depending on the lender. 

Auto title loans can be a resource for those who need a loan but have low credit or a limited credit history. Typically, with an auto title loan, you’ll be able to borrow up to a certain amount or percentage of the value of your vehicle. 

How Do Auto Title Loans Work?

Title loans work by using your vehicle as collateral to quickly get a loan.

Your “vehicle” can include your car, motorcycle, boat, or any other recreational vehicle you own. You must be able to provide your lender with a clear title, proof of insurance, and a photo ID. Even though your vehicle is your collateral, you’ll be able to keep it in your possession during the borrowing period, as long as you pay it back in the agreed upon timeframe.

For example, you own a car that is worth $8,000 and you need to borrow $2,500 for an emergency situation. You apply for your title loan, get approved, and quickly receive your $2,500 loan. Then, you’ll pay back the loan with interest within the timeframe that you agreed to when you received your loan.

How to Get an Auto Title Loan      

To get an auto title loan, you’ll first have to apply for the loan. Here at Auto Money, you can stop by any of our locations to apply or you can fill out an online application. Once you’ve applied for your auto title loan, you will have to stop into a physical location for us to evaluate your vehicle.

Once you’ve provided the required documents like a lien-free title, your proof of insurance, and an ID matching the name on the title, we’ll visually inspect your vehicle and then provide the amount of money that can be loaned to you. 

After you’ve been approved and given your loan, you’ll get your title back once you’ve paid back the money you’ve borrowed plus interest accrued during the borrowing period. 

Apply Today with Auto Money Title Loans!

Auto title loans can be useful when you need cash in an emergency, so let Auto Money help guide you through the process and get you the money you need. It’s quick, simple, and easy, so get started with our team today!

Here at Auto Money, we understand that life can be unpredictable. Our team hopes to provide support and stability in the tough times, offering the cash you need – when you need it most. That’s why we’ve made the process quick, easy, and convenient! You’ll get same-day cash, using your car or motorcycle’s title as collateral. It really is that simple!

Our friendly, qualified team offers the highest standard of customer service – so you’ll leave with cash AND a smile! With locations throughout South Carolina and Georgia, we also offer the Southern hospitality our communities are known for.

That’s just another reason locals love us, but since we know actions speak louder than words, we invite you to come see for yourself! If you need money fast, contact Auto Money today!

How Can You Help Spread the Word?

Here at Auto Money, we treat our customers with care and respect. We believe our customer service is the best form of advertising.

If you have a friend, relative or coworker who is in need of emergency cash, make sure they are aware of the auto title loan option that Auto Money can offer them. If you refer a person who ends up getting a loan with Auto Money, you will receive a thank you check of $50!

There is no limit on the number of people you are able to refer.

 Published September 2023

More Helpful Resources

Can I Get a Title Loan with Bad Credit?

What’s Credit and Why Is It Important?

Is My Salvaged Title Loan Eligible for a Secured Title Loan?

What are the Advantages of Using a Title Loan? 

How to Pay Off Your Car Title Loan – And Fast!

Will a Past Bankruptcy Stop Me from Getting Approved for a Title Loan?

Can You Refinance a Car Title Loan from One Company to Another?

Will Auto Money Buyout my Current Title Loan for Lower Payment?


auto money title loan logo

Reviewed by Executive Team Member at Auto Money

Auto Money offers over 80 locations across the Southeast for individuals seeking extra cash for last-minute expenses like auto repairs, wedding costs, medical bills, and more. As title loan lenders, we practice transparency and compliance with codes and regulatory statutes presented by the SC Department of Consumer Affairs & SC Board of Financial Institutions, Consumer Finance Division.