If you’re considering a car title loan in Texas, one of the most common concerns is whether you’ll lose access to your vehicle. The short answer is no, you can keep driving your car while repaying the loan.
This guide explains how car title loans work in Texas, what “lien-free” really means, and how to get approved for fast cash without handing over your car.
Can You Keep Your Vehicle with a Texas Title Loan?
Yes. When you take out a car title loan, you are using your vehicle’s title as collateral—not the vehicle itself. That means you keep possession of your car and can continue using it for work, school, and daily responsibilities while the loan is active.
At Texas Car Title and Payday Loan Services, Inc., approved borrowers keep full use of their vehicle throughout repayment.
Eligible vehicle types typically include:
- Cars
- Pickup trucks
- SUVs
- Minivans
Vehicles such as motorcycles, boats, and trailers are not accepted. The vehicle title must also be in your name and free of liens.
What Does “Lien-Free Title” Mean?
A lien-free title means no lender or financial institution currently has a legal claim on your vehicle. If you’re still making payments on your car or your title lists another lienholder, it cannot be used for a title loan.
Your title must also be:
- Undamaged
- Accurate and readable
- Registered in your legal name
If you’re unsure whether your title is clear, a local Texas DMV office can help confirm its status.
When Does a Title Loan Make Sense in Texas?
Title loans are designed for urgent situations, not everyday spending. They may be helpful when you need fast cash for:
- Emergency medical bills
- Critical car repairs
- Unexpected travel
- Household emergencies
Because repayment terms and interest apply, it’s important to borrow responsibly and only when necessary.
How to Apply for a Car Title Loan in Texas
Applying for a vehicle title loan is simple and fast. Follow these steps:
- Submit the Online Form: Fill out your details to start the process.
- Vehicle Inspection: Bring your car, lien-free title, and government-issued ID to a nearby location.
- Approval Process: After a quick assessment, find out if you qualify. If approved, receive up to $15,000 either the same day or the next business day!
Required Items for a Title Loan:
- Lien-free vehicle title in your name.
- Government-issued ID (Texas driver’s license or state ID).
- Your vehicle for inspection.
For a deeper breakdown of loan terms and expectations of how does a title loan work.
Why Choose Texas Car Title and Payday Loan Services, Inc.?
Here’s why thousands of Texans rely on us for title loans:
- Fast Approval: Get approved in as little as 30 minutes.
- Keep Your Car: Drive your vehicle while repaying the loan.
- Flexible Amounts: Borrow up to $15,000 based on your vehicle's value.
- Bad Credit? No Problem: Credit scores are not a factor in our approval process.
Get the Cash You Need Without Giving Up Your Car!
A car title loan can provide the financial relief you need while allowing you to keep driving your vehicle. Whether it’s for medical emergencies, repairs, or other urgent expenses, we’re here to help.
Start your application today! Fill out the online form or call us to get started. Let Texas Car Title and Payday Loan Services, Inc. guide you through the process and help you access fast cash when you need it most.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.
