Getting Approved for A Title Loan. What’s Next?


If you have requested a title loan in Texas then you probably are experiencing a cash emergency that needs your attention. With the services that Texas Car Title and Payday Loan Services, Inc. can provide the approval process is actually quite simple. Unlike a traditional loan from a banking institution, title loans Houston and several other cities throughout the state of Texas, can provide the cash you need with just a few simple requirements.

Getting Approved for Title Loans

The requirements for title loan approval include a vehicle that you can use to secure the title loan funds you are requesting. This vehicle should have a lien-free title under your name to be used as collateral. When approved for this type of loan, the lender will ask that you exchange the title for cash. The actual vehicle is not taken while payments are being made, which means you can keep your vehicle for the length of the loan, as long as you make on-times payments.

Defaulting on Your Title Loan

Defaulting on the title loan agreement can result in the loss of the vehicle. If you experience a hardship and cannot keep current on your payments, it is important to contact you’re the lender to find a solution.

Determining A Car Title Loan Amount

Determining a car title loan amount that you are eligible to receive depends on the vehicle and documents you supply, as well as the quick vehicle inspection that is required to determine the vehicle’s value. The inspection will consist of a look at the make, model, year and condition of the vehicle being used to secure title loan funds.

Credit Requirements for Title Loans Houston

All credit is welcome when requesting a title loan in Texas, whether you are in Houston or located in one of the many other title loan places Texas Car Title and Payday Loan Services, Inc. has a store location.

Title Loan Requirements for Texas Title Loans

  • A vehicle
  • Lien free title under your name
  • Valid driver’s license or state issued I.D.
  • Quick vehicle inspection to determine value

Title loans Houston agreement

After You Have Received Title Loan Approval

After you have provided the requirements needed to complete the title loan approval process, you will receive a title loan agreement that lists the amount you are eligible to receive, as well as the payment schedule you are expected to keep. If you agree to the terms listed, simply sign to receive the auto title loan cash you qualify for. It is as simple as that. Quick service and same day cash are one of the many benefits to using a title loan for your financial emergency.

Using Your Title Loan Cash

Once you agree to the title loan terms and receive the title loan amount that has been approved, you are free to spend it any way you wish. That’s right. There are no spending restrictions on how you spend the cash you receive with title loans Houston. Use it to pay off a bill, catch up on rent, make a purchase, address a medical expense, or even to make an auto repair, it is up to you.

These are just a few ways a title loan can help address a financial situation you may be experiencing.

Paying a Bill

Receiving a utility bill that is higher than normal is common, especially if we experience a rise or fall in temperatures.

Medical Expenses

Visiting a doctor or hospital for a medical issue that requires bloodwork or testing can be very expensive, whether you have insurance or not. But, there is just no way around this. Your health is important, and a necessary expense.


Being an adult comes with great responsibility. Whether you own a home or a vehicle, or both, they will eventually require your attention. It may be a broken pipe or freezer that you need to fix, or an engine that needs servicing, but none the less, the expense can be overwhelming, especially if you are living on a budget.


What if that same pipe or engine needs more than repairs? What if it needs to be replaced? We are no longer talking about a repair or service charge, we may be talking a much bigger expense. Can you afford to make a purchase on your budget? If not, a title loan may be essential in handling the financial emergency you are dealing with.

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

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.