When urgent expenses hit, car equity loans in Texas can be a fast way to get cash without selling your vehicle. At Texas Car Title and Payday Loan Services, Inc., we make the process simple so you can get the money you need, often the same day.
Below, we’ll walk you through exactly how to qualify, what you’ll need, and how to get approved for a title loan quickly.
Use These Tips To Find Our Texas Car Equity Loans
When it comes to getting car equity loans in Texas, there are a few things you need to make sure of before you begin the process. While we’ve said the process is simple – and that is completely true – there are still things you must do beforehand. But don’t worry, we’ve broken down exactly what you need to do to get through our process. So, if you are looking to use your car’s equity to get a loan, read this guide right now to get yourself ready.
What Is a Car Equity Loan?
A car equity loan, also known as a title loan, allows you to use the equity in your vehicle as collateral to secure a loan. This type of loan can be a lifesaver for those who need cash fast and have a car in good condition. The loan amount you qualify for depends on the resale value of your car.
Step 1: Check Vehicle Eligibility
We can accept:
- Cars
- SUVs
- Pickup trucks
- Minivans
We cannot accept motorcycles, boats, or recreational vehicles. Make sure your car is in working condition; a better condition often means a higher loan offer.
Step 2: Prepare Your Vehicle for Inspection
Before applying, check:
- Tire condition
- Engine performance
- General cleanliness and upkeep
Since car title loans are based on your car’s condition, a quick tune-up could help increase the amount you qualify for.
Step 3: Gather Your Required Items
To apply for Texas Car Equity Loans, you’ll need:
- Lien-free vehicle title in your name
- Government-issued photo ID (driver’s license or state ID)
- Proof of income (recent pay stub)
Step 4: Apply Online or In Person
Once you have all the required items ready and your vehicle is all set to go, the only thing left for you to do is to fill out the online form! This online application allows you to send us your information right through our secure and fast website! This means you don’t have to come to one of our stores just to give us your basic information. Once you do meet with one of our representatives, we will already have the information we need to help you get started.
Once we receive your form, we will give you a call to go over the rest of the process and to answer any questions you may have about the car title loan. We will also set up a meeting for us to meet in person. The good thing is we are capable of coming to you if you’d rather not come to us. This means you never have to step foot into one of our store locations – even though we do have title loan locations all over Texas, so you are bound to live near one.
Step 5: Get Your Vehicle Inspected & Sign the Paperwork
We can meet at a convenient Texas Title and Payday Loan Services, Inc. store near you. We will have to inspect your vehicle and assess your other items. Once we’ve assessed everything, we will let you know if you qualify for car equity loans in Texas and how much we can lend you. If you do qualify and you agree with the amount, you can finish by finishing the paperwork. Once everything is done, you can get the money either later that day or the next bank business day at the latest!
Why Choose Texas Car Title and Payday Loan Services, Inc.?
- Same-day or next-day funding
- Over 100 Texas locations
- No credit score requirements
- Fast, friendly service
FAQs About Car Equity Loans
Can I Get a Car Equity Loan with Bad Credit?
Yes, car equity loans focus on your vehicle's value rather than your credit score.
How Quickly Can I Get the Money?
Once approved, you can receive your funds either the same day or the next business day.
Do I need a checking account?
No! You do not need a checking account to qualify for a title loan at Texas Car Title and Payday Loan Services, Inc.
Apply for a Car Equity Loan in Texas Today
Getting a car equity loan in Texas is easy when you're prepared. At Texas Car Title and Payday Loan Services, Inc., we are here to help you through the process and provide the financial relief you need. Start your application online today and find out how much you can qualify for!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.
