Do I Need Good Credit To Apply For Title Loans In Harlingen, TX?

When it comes to you getting Harlingen car title loans from us at Texas Car Title and Payday Loan Services, Inc., you might be wondering how credit plays a role. More specifically, you might wonder if title loans are bad credit car loans. For a Harlingen, Texas title loan with us, you’ll be happy to hear that you can qualify even if you have poor credit. Keep reading to learn more about this loan. But not only will you learn about this loan, you’ll learn about alternative financial solutions you can also choose from!

What Are Some Alternative Financial Solutions?

Before you learn about title loans, you need to know about different methods of getting money. The thing about this loan is it was designed to help with emergencies. This means we do not recommend you take out this loan for things like credit repair or debt management. Instead, you should use alternative financial solutions to help you out. What do we mean? Well, this could be anything from creating a budget that allows you to set aside extra money, or look at government assistance programs in Harlingen.

Learn How Title Loans Can Help You Out In Harlingen, Texas

How Does Credit Play A Role In Title Loans?

Now that you know some alternative financial solutions, you can now learn about our Harlingen car title loans. Since we mentioned that you can still qualify even if you have poor credit, that is not to say that credit plays no role with bad credit car loans. It is just that, when it comes to title loans, the role is a little different. This means that there is still a chance we may have to run a credit check before telling you if you are approved and how much you could get if you are.

But with a secured loan like our title loans in Harlingen, TX, there is collateral – which we can claim if the borrower does not pay us back. This, again, means that a borrower with bad credit can still apply for title loans with us – and even have fair chances of approval. So, while we won’t say credit doesn’t play a role at all, compared to unsecured loans, it isn't something that will absolutely prevent you from qualifying when it comes to a title loan.

What Exactly Do You Need For Title Loans?

So, if credit isn’t the ultimate deciding factor with title loans in Harlingen, TX, what exactly do you need? The good thing is we here at Texas Car Title and Payday Loan Services, Inc. make it easy to understand. As we said, we need collateral to secure this loan. The collateral we use is your vehicle’s lien-free title. This means you are finished paying off your vehicle and the title is clear of any outstanding liens. Also, your title must be in your name.

If your title does have a loan on it or if it is in another person’s name, you will have to go to the DMV and get that fixed before you can apply for this loan. You will also need your vehicle for an inspection. This allows us to determine how much you could get if you are approved. The last item we need is your driver’s license or state-issued photo ID. This allows us to confirm your identity and that you are at least 18 years or older. In order to apply for this – or any loan, for that matter – you must be of legal age.

How Should You Use A Car Title Loan?

Since title loans are bad credit car loans, you might be enticed to get a title loan right away. However, you need to consider your situation to determine if these loans are really what you need. As we talked about the alternative financial solutions, you might have to consider them if your situation is not an emergency. As we said, this loan was made specifically to help with emergencies that need your immediate attention.

How To Apply For Title Loans With Us

If you feel that a title loan is right for you, Texas Car Title and Payday Loan Services, Inc. is ready to get you the money you need, both quickly and easily. Simply fill out the online application form here on our website and one of our representatives will contact you to organize a time to meet with you – either at the nearest Texas title loan store or you can have the representative meet you at another location.

Bring your car, your lien-free car title, and your driver’s license or state-issued ID to that meeting so it can all be verified and inspected by the representative. The condition of your vehicle will determine how much money you can get from a title loan. They will also assess your other two items to determine if you qualify for approval. This should only take a few minutes to complete.

If your documents check out and your car is in suitable condition for a loan, the representative will walk you through what remains of the process, which will mostly just be signing a few papers. They will also review our loan terms and answer any questions you have. Once you are done with the paperwork, you will be able to receive your funds either that day or the following business day.

Get The Harlingen, Texas Title Loan You Need Today

Once you’ve gone through this entire article, you should understand exactly what role credit plays for your Harlingen, Texas title loan. You should also know about alternative financial solutions so you are able to compare the options. But if you have poor credit, our bad credit car loans can help you out. So, get title loans in Harlingen, TX from Texas Car Title and Payday Loan Services, Inc. today. Fill out the online form when you are ready to get started.

 

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