Car title pawns are similar to a title loan. You still borrow cash based on the value of your car. With most car title pawn companies, you must give the car to the lender. They store the car in a secured garage or lot until you’ve repaid the money. This ensures no damage comes to the car during the length of the loan.
With either loan type, you must provide some or all of the following: a photo ID, clear title to the car, proof of auto insurance, and a recent paystub or bank statement showing you have a regular income.
