Do I Need To Be Employed To Apply For Title Loans In League City, TX?

Are you wondering if you need to be employed to qualify for title loans in League City, TX? The great news is that you don’t necessarily need a job. With proof of income, you can still access the financial relief you need. Let’s explore how car title loans work and what you need to apply.

Is Employment A Requirement For Title Loans?

The answer is simple – you do need proof of income, but that doesn’t always mean you need to be currently employed in order to get title loans in League City, TX. However, you do need to have a way of repaying the loan on time to avoid any issues. As we said, one of our requirements is that you have proof of income. In the traditional sense, income is wages you earn from employment. But in reality, regular income can come from a variety of places. Some sources of income include the following:

• Alimony.
• Workers compensation.
• Pension or 401k payments.
• Rental properties.
• Dividends from stocks.
• Survivor benefits.
• Government assistance.

So, as we said, you do not need to have a job to apply for title loans in League City, TX, but you do need to show proof of some sort of income that will allow you to repay the loan. In either case, your loan representative will ask to see proof of income, so you need to have your documents ready when you start the process. If you aren’t sure what to bring, feel free to call any of our locations to find out. This will speed up the process when you are ready to get started.

What Else Do I Need To Get A Title Loan?

Now that you know that you don’t need to be employed to get this loan, you need to know the other required items you need. The good thing is these other items do not complicate the process at all. This is in large part due to the minimal requirements for our loans. Other than income, there are only a few things you need in order to apply for title loans in League City, TX. Here are the other items you’ll need:

• The first is a lien-free car title: The title must be in your name and free of any outstanding liens. If you had a co-signer at the time of purchase, that person must be present when you apply for the loan. If you don’t have the title to your car or it isn’t in your name, you need to apply for a replacement title or have it transferred to your name before you come in.
• The next is identification: Our representatives cross-reference your ID and the car title to confirm your identity and your age – because you can’t get this loan if you are a minor. If you don’t have your driver’s license to use, any form of government-issued photo ID is fine. Again, this must be the actual ID, not a photocopy. And your name must be on this ID as well.
• The last item is the car itself: You cannot find out if you can qualify for title loans in League City, TX without a vehicle inspection beforehand. The representative assisting you must inspect the vehicle to gather information about its condition. You can come to the store location nearest you or you can meet the loan representative at an off-site location.

How Much Can I Get From A Title Loan?

Money gets scarce for everyone from time to time, whether you have a job or not. The opportunity to use your car’s title to access title loans in League City, TX can help a lot in those tough times. Title loans are simple loans we offer because they are backed by collateral. We here at Texas Title and Payday Loan Services, Inc offer title loans in amounts up to $15,000 – which we decide how much you get through the car inspection.

Your loan representative will tell you how much you can borrow based on the condition of your car and its resale value. Details like year, make, and model factor into that decision, as well as if your vehicle is in good working condition at the time of the inspection. We also look at a nationally recognized pricing guide to determine its resale value – which also allows us to determine how much we can lend you if you are approved.

Start the Title Loan Process Today!

If you’re facing financial difficulties and don’t have a job, don’t worry. You can still apply for title loans in League City, TX with proof of income. Start the process now by filling out the online form or visiting us at a nearby location.

With Texas Title and Payday Loan Services, Inc., you can get the cash you need quickly and without unnecessary hassles. Let us help you with emergency expenses—apply 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.