Do You Have An Online Title Loan Application?

Are you interested in getting a title loan? Then you need to read this first! You can complete the Texas title loan application process online--how simple is that?

If you want to successfully qualify with your online title loan application, there are some tips and tricks you should keep in mind. Thankfully, we're giving you all the main tips to help you with your online title loan application right here.

7 Best Tips For Success With Your Online Title Loan Application

1. Review Your Finances

Before you even think about applying for a loan (of any kind really), you must make sure you need it. If you don't need to take out a loan to afford your emergency, then it's wise to solve the issue without the loan. It's usually better to do it this way long term.

In fact, we suggest saving if you don't need to sort out the problem right away. You should save title loans for when there are no other options.

2. Understand How Credit Scores Relate To Title Loans

Whenever you think of loans, the term "credit score" probably follows. Well, luckily enough, it doesn't play such a major role in the title loan process. You can still request a title loan with bad credit and have a good chance of gaining approval because all credit situations are welcome at Texas Car Title and Payday Loan Services, Inc. After all, everyone here at our store is committed to getting you the cash you require.

3. Double-Check Your Online Title Loan Application

Discrepancies can cause delays in your application, so be mindful while completing your online title loan application to ensure you accurately enter all your information. That way, your application will progress seamlessly. 

gather your documents

4. Gather All Your Documents

Going into your title loan application without the necessary documents is pointless. And it's no fun trying to find them while you're in the middle of the process. So, we suggest you get everything together before you start. 

For our Texas car title loans, you will need the following items:

  • Your vehicle.
  • Your lien-free title to your vehicle.
  • Your proof of income.
  • Your driver's license or another type of state-issued identification (It must have your photograph on it.)

5. Know Your Financial Limits

People often talk about the "never-ending debt trap." But this is only an issue if you don't understand your financial limits in the first place.

Before trying to get a title loan, you should construct an accurate monthly budget to see whether you can comfortably afford to pay a loan back. You don't want to end up beholden to another financial obligation.

There are plenty of budgeting apps you can use to make the whole process easier. In fact, you probably already use one!

6. Know How We Value Your Vehicle

The total loan amount you qualify for depends on the value of your vehicle. To avoid disappointment, you should have a rough idea of how much your car is worth. So, consider these factors:

  • Age: Older cars are worth less than newer models. Vehicles tend to lose 60% of their value during the first five years of their life.
  • Condition: Make sure you keep up with oil changes and tire rotations to keep your vehicle in good shape. Cosmetic damage also plays a part in how much your car is worth.
  • Make and model: BMW and similar luxury brands are worth more than run-of-the-mill manufacturers.
  • Odometer reading: The more miles your car travels, the more wear and tear it endures and the less it's worth.

7. Fully Understand The Process

Finally, you need to understand the online title loan application process. Every lender has a slightly different one. But you can find ours below.

get a title loan

Our Online Title Loan Application Process

  1. Fill in the online application form for Texas title loans.
  2. Wait until one of our loan representatives from your nearest Texas Car Title and Payday Loan Services, Inc. store calls you. They will discuss the process, explain the required items, and answer any questions you may have. Additionally, they will request a suitable meeting place for you. If you don't feel like traveling to your local storefront, we can come to you.
  3. Wherever you decide to meet, you must have your driver's license (or a different kind of state-issued identification), lien-free title to your vehicle, proof of income, and your vehicle itself with you.
  4. Sit down with one of our friendly loan associates. They will examine your ID, title, and proof of income, as well as inspect your vehicle to determine whether you qualify for approval.
  5. If approved, you can receive the money you need on the same day or the following bank working day.

Complete Your Online Title Loan Application With Us Today!

You are more than equipped to complete your Texas online title loan application successfully. Just keep our seven tips in mind, and you're good to go. Reach out through the online form if you have any questions or you haven’t started your application yet and want to get it going 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.

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.