What Do You Need for A Title Loan in Texas?

Acquiring a title loan in Texas can be a practical solution for fast financial assistance during emergencies. Whether you're facing an unexpected medical bill, urgent repairs, or other unforeseen expenses, a title loan offers a quick way to get the cash you need without the extensive delays of traditional loans.

What Is A Texas Title Loan?

A title loan is a financial solution that requires you to put up collateral. They are pretty popular — and for good reasons:

• All credit is welcome — Whether you have good, bad, or non-existent credit, you are welcome to take out a title loan Texas lenders like Texas Car Title and Payday Loan Services, Inc. offer.
• Quick Cash — Thanks to the simpler approval requirements, you don't need to wait weeks or months for your money, making it a quick option for emergencies!

Texas title loans are a short-term option for urgent money problems and shouldn't be used for trivial problems. To acquire one, you will need to be the complete owner of a vehicle (truck, car, or van). This means that you shouldn't have any outstanding debts on the automobile.

What Can A Title Loan Texas Be Used for?

While there are no legal restrictions on what you can use a title loan for, we always suggest utilizing them for emergencies only. Some situations where our customers have used them are as follows:

• Funding unforeseen medical bills.
• Repairing their home from weather damage.
• Paying for unexpected but important travel.

Whatever your emergency is, auto title loans are one of the options you can consider.

What Do You Need for A Title Loan Texas?

As we mentioned earlier, you don't need much to obtain a title loan. You should just ensure that you have the following items to hand:

• Your vehicle (car, truck, or van).
• Your lien-free title to your vehicle.
• Your driver's license (or a different kind of state-issued ID card).
• Your proof of income (i.e., your most recent paystub).

How Title Loans Work

To qualify, you must fully own the vehicle you plan to use as collateral. Once approved, the title is temporarily signed over to us at Texas Car Title and Payday Loan Services, Inc., but you retain full use of your car throughout the loan term.

• Step 1: Begin by submitting an inquiry form online, or give us a call.
• Step 2: Visit your nearest store with the required documents.
• Step 3: We will evaluate your vehicle and determine your loan amount, which can be as much as $15,000.
• Step 4: If approved, you’ll receive your funds quickly—often the same day.

Benefits of Title Loans in Texas

There are plenty of advantages to taking out auto title loans. Find a few below.

1. You Keep Your Car

Despite what people may say, you can continue to use your car as normal while keeping the title loan in good standing. The last thing you need is for your only mode of transport to be taken from you as you're dealing with an emergency. So, we don’t do that to you. All that's needed is for your title to be signed over to us, not the vehicle itself.

2. Start The Process From The Comfort of Your Own Home

Thankfully, you can start the process from your own home. There's no need to waste your time traveling to and from loan stores when you can find all the information you need online.

You will need to venture into our store briefly, however, so we can evaluate your vehicles' worth. But the whole process will be over in as little as 30 minutes!

3. Easy And Quick Cash

The fast process means fast cash. We don't expect you to wait around to fund your emergencies. After all, when a crisis strikes, there is no time to waste.

How Do You Acquire A Title Loan Texas?

Obtaining a title loan is quick and easy. We've managed to streamline our process so you can start it from the comfort of your own home.

Just follow these steps to get your money as quickly as possible:

1. Call us or fill in the online inquiry form on Texas Car Title and Payday Loan Services, Inc. It takes around 5 minutes.
2. One of our loan experts will be in touch to discuss the process further and answer any questions.
3. Bring your vehicle, proof of income, driver's license (or another form of ID), and lien-free vehicle title to your closest Texas Car Title and Payday Loan Services, Inc.
4. Wait while our knowledgeable loan representative evaluates your vehicle to assess how much money you can borrow. 
5. If you are approved, you will receive up to $15,000 in as little as 30 minutes.

Get Fast Cash Today With a Title Loan

At Texas Car Title and Payday Loan Services, Inc., we understand that emergencies don’t wait. That’s why we’ve streamlined our process to make it as fast and simple as possible. Submit an inquiry online or call us at 1-800-514-2274 to get started 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.