Do This Before Applying For A San Marcos, Texas Title Loan

Getting a San Marcos, Texas title loan from us at Texas Car Title and Payday Loan Services, Inc. might be something you’re thinking about if you have a financial emergency that needs immediate attention. The most important thing you need to do before seeking a title loan is to ensure that you have the required items ready to go. There’s a number of steps you should take before you try to get a car title loan, and this article will give you the detailed how-to on getting through our process.

What Do You Need To Do To Get A Title Loan?

Before you get a San Marcos, Texas title loan from us, you’ll want to take the important step of making sure that all the loan requirements are met. Without them, you can’t find out if you can be approved for this loan. The good thing is we keep this list short so you can be sure to remember it all. Here’s what we here at Texas Car Title and Payday Loan Services, Inc. will need to potentially issue you a title loan:

  • A driver’s license or state-issued photo ID.
  • Your car for a quick inspection.
  • The lien-free vehicle title that matches the vehicle.


Your Driver’s License Or State-Issued Photo ID

It’s important that we identify your age and your identity. Without it, one of our title loan representatives can’t issue you a title loan. This is because we need to make sure that you are of legal age – and without an ID or driver’s license, we can’t do that. As such, make sure you bring along your driver’s license to the meeting to show to the representative. If you don’t have one, then you can use any state-issued photo ID you have that displays your age and name.

Your Car For Inspection

While we use your vehicle’s lien-free title for a San Marcos, Texas title loan, we also need to see your vehicle. Now, we don’t plan on keeping your vehicle, but we do use your vehicle’s condition and resale value to determine how much we could lend you if you are approved. We do so through a brief inspection of your vehicle to determine its overall condition. Factors that affect the amount you could qualify for include the following:

  • Age – Cars showing visible signs of wear and tear — particularly those above the 120,000-mark on the odometer — will be worth significantly less than a newer car.
  • Make and model – If you have a luxury brand of car or a more high-value mass produced vehicle, then you’re more likely to get a higher amount on your title loan.
  • Condition – Lastly, the condition of your vehicle heavily influences what you qualify for if approved. Cars that are maintained and don’t show visible signs of damage are worth more than those that haven’t been maintained as well.

A Lien-Free Title

A lien-free title is imperative to getting a title loan with us. Put simply, a lien on your vehicle is a legal claim by another entity that gives them legal ownership of the vehicle until you pay the debt you owe them. Liens can be placed on the IRS by your car dealership, loan companies, or, in some cases, the local or federal government. Whatever the case, liens destroy your chances of getting a San Marcos, Texas title loan.

A lien renders the security in your title completely void and worthless, giving you no incentive to repay the title loan as agreed. To remove it, review the instructions provided by the DMV. In general, you’ll need to pay your debt and then ask the lienholder to remove the lien. With electronic liens, the holder can simply remove it and notify you. On a paper title, you’ll need the lienholder to mail you the following:

  • The car certificate.
  • The lien release letter.
  • Other notifications.


The Simple Process To Get A Title Loan

Now that you know what to do before applying for a title loan, the only thing left to do is begin the process! The good thing is you can either get started over the phone or through our website. Regardless of what you choose, the process is simple and fast. Plus, you don’t even have to come to one of our Texas stores to finish the process! Follow these instructions to get your loan from Texas Car Title and Payday Loan Services, Inc. quickly:

  1. Complete the form on the website.
  2. Schedule a meeting at a convenient location with a representative.
  3. Bring along your required items and let the associate conduct their inspection.
  4. If you qualify, receive your money the same day or following business day.

Get Your Texas Title Loan Today!

Life emergencies can come out of the blue whether you have the money or not. And when you need urgent cash, a San Marcos, Texas title loan can help you out, whether it’s medical bills, rent, emergency travel, or expensive repairs. To get ready for the title loan process, make sure you have the required items ready. If you’re ready to get started, complete the simple online request form today!


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

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.