Can I get an auto title loan with a lien on my car in Georgia?

I live in Georgia and have a lien on my car right now. I want to get a title loan on it anyway. Is it possible to get a car title loan on a car that has a lien?

Answer
Auto or car title loans are legal in Georgia, but you cannot get a title loan on a car with a lien in Georgia.
Car title loans are governed under pawn brokerage laws in Georgia rather than separate title loan laws, and the Georgia Industrial Loan Act regulates lenders. The culmination of these laws and regulations means cars that have a lien on the title cannot be used to receive a title loan.
Alternatively, if you need some extra money, you can try:
  • Applying for a personal loan through a bank
  • Requesting a credit card advance
  • Asking friends and family for a peer-to-peer loan
  • Finding ways to save on other expenses
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Rachel Juillerat
Answered on Nov 17, 2021
Rachel Juillerat has her Master's in Publishing & Writing from Emerson College. You can view her work in the Independent, Cupid's Pulse, and the Penmen Review. She has worked in personal finance for five years before transitioning to insurance. She lives in Boston, where she spends her time exploring small New England towns, learning new skills, and napping through her cat's zoomies.
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