Florida Title

Florida Title makes car title pawns, which use a vehicle's free and clear title as collateral for short-term cash. The business has been operating since 2011 and has a North location in Seminole and a South location in Lillian, both in Alabama. Several programs are offered, including one with no proof of income requirement.

Before applying, bring the vehicle in for a quick five-minute inspection, along with a utility, phone or bank statement from the last 30 days and proof of income unless a no-income program fits. Every transaction is a pawn rather than a loan, so the borrower pledges the vehicle, and goods not redeemed by the due date become the business's property. Weekday hours run until early evening with shorter Saturday hours, and funds can be ready in about 30 minutes or less.