How Old Do You Have To Be To Apply For Texas Title Loans?

Are you in need of quick cash to take care of some things without dipping into your savings account? Texas title loans may be the helpful option for you. But before you rush out to apply for one, you are probably wondering about the age requirements and other legal requirements that come with it. You may be surprised to discover that the age requirement for car title loans is at least 18 years old.

If you’re at least 18 years old, you can still easily apply for the loan with us at Texas Car Title and Payday Loan Services, Inc. as long as you own a car with a clear title in your name. It's really that easy to get through the process to find out if you qualify for approval! In this article, we will help you understand the legal requirements that come with getting a loan, starting with the age requirements.

Learning The Age Requirement For Texas Title Loans

In the state of Texas, the minimum age requirement to apply for Texas title loans is 18 years old. This means that borrowers must be legally able to enter into a contract, and we as a reputable title loan lender are required to verify your age using a driver's license or another government-issued ID, such as a passport. If you’re under 18 and are in need of a title loan, you’ll have to bring someone who is a legal adult to take out the title loan in their name.

If you are a legal adult, you are free to proceed with the simple process. However, you should still be aware of the responsibilities that come with borrowing money with us here. It's important to carefully consider your options and make an informed decision before taking out any loan. Additionally, you should still be prepared to provide proof of income and other requirements that will be necessary to find out if you qualify for approval. 

Weighing The Pros And Cons Of Title Loans

It's important to know that Texas title loans can be a quick way to get cash when you need it, and they may be a good option if you have poor credit or can't get approved for a traditional loan. Additionally, title loans can be useful if you need money for an emergency or unexpected expense. For example, you may need quick cash to fix your car, pay a bill, or travel for an emergency. Title loans can also be a way to help you handle late utility bills or rent payments. 

However, it's important to remember that failure to repay the loan can greatly impact your life. It's essential to know the terms of your loan agreement and to pay the loan back as agreed to avoid any negative outcomes. We make sure to detail the terms in your loan paperwork, so make sure to refer back to those papers if you are unsure of anything. You can also always give us a call or even chat with us right online through our website if you have any questions. Or look at our texas title loans FAQ page for help.

Know The Process You Are About To Begin

Now that you know that you have to be 18 or older to get Texas title loans, you might feel ready to proceed. But before you do that, you need to know the process you are about to begin. Knowing the process will allow you to get prepared before you come see us. We’ve already said that you’ll use your vehicle’s title as collateral for this loan, but what does that mean? This means that you’ll need to make sure your title is free of any outstanding liens and in your name before you come see us.

Aside from seeing your title and your driver’s license or state-issued photo ID, we’ll also have to inspect your vehicle to determine how much we can lend to you. Once you have all three of these items, you can either apply online or directly in the store. If you do decide to apply online, just fill out the online form on our website and wait for us to give you a call. When you do receive the call, you can schedule your vehicle inspection to happen either at the nearest title loan store or at another location.

Submit Your Inquiry With Texas Title And Payday Loan Services Inc. Now!

If you're over the age of 18 and you own a car, meaning you have the title of your car in your name, you can apply for Texas title loans quickly and easily. At Texas Title and Payday Loan Services, Inc., we take pride in exceptional customer service. Again, just make sure you are a legal adult and we will be able to help you get through the process. You can call 1-800-227-4707 to apply over the phone or fill out the online application on our website right now.

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.