Follow These 5 Easy Steps To Get Title Loans In McAllen, TX

Financial emergencies are stressful enough on their own. The last thing you need to worry about is a complicated loan process with too many requirements. If you’re looking for easy ways to get title loans in McAllen, TX, the good news is we here at Texas Car Title and Payday Loan Services, Inc. make sure to make the process simple and quick. Just follow these five steps in this guide and you can find out if you qualify for the money within a day.

Remember These Tips If You Want McAllen Title Loans

1. Make Sure You Have All The Requirements

When you take out a title loan, you use your vehicle title as collateral for the loan. So, before you start applying, you have to make sure that your title meets our requirements. As it stands, only the legal owner of the vehicle can use the vehicle title as collateral for a loan. The only way to prove that you are the owner is to have your name on the title. We know there are some circumstances when you are the owner but your name isn’t on the title. For example:

  • It’s a family car that you inherited, but it’s still under the name of your parents,
  • You bought the car second-hand, but you haven’t been able to transfer the title,
  • You received the car as part of a separation or divorce agreement, but it’s still registered under your ex,
  • There was a clerical error, so the name on the car title doesn’t match the one on your ID (like if the title says John Smith and the ID says John Peter Smith).

easy steps McAllen title loans

While these are valid reasons, you still have to go to the DMV to have it transferred to you or to have the name error corrected. The law is really strict about that, to avoid people from stealing a title and then using it for a loan without the owner’s knowledge. You also have to make sure your title is free of any outstanding liens to qualify for this loan. In layman’s terms, a lien is a legal claim on a property.

When a vehicle title has a lien on it, it can’t be used as collateral for another loan. So, to get a McAllen title loan, make sure that your title is “clear” and that you already own the car outright – meaning you aren’t currently making payments on it. Once your vehicle title meets these criteria, you’re almost good to go! The other requirements you need are your driver’s license or state-issued photo ID, proof of income, and a vehicle for a quick inspection.

2. Fill Out The Inquiry Form

After you’ve made sure your title is ready – or you’ve corrected any mistakes – you are ready to begin the process. The first step is to fill out the online form found on the homepage of our website. The form is right on the website and takes just minutes to complete. We use this information so that one of our Texas title loan representatives can get in contact with you to help you get started and answer any questions.

3. Talk To Our Loan Representative

The information in your form is sent to the nearest Texas Car Title and Payday Loan Services, inc. locations. In a few minutes, one of our loan representatives will give you a call, so keep your phone nearby! During the phone call, the representative will answer any questions you have, go through the process, and set up an appointment for you to continue the process. This appointment can either be at the nearest store or at another location of your choosing.

4. Bring Your Items To Your Vehicle Inspection

Once you are off the phone, you can head to your appointment. Regardless of where you meet, make sure you have your required items. When you meet with the representative, they will inspect your vehicle to help them determine how much you could get if you are approved. Title loans in McAllen, TX can reach up to $15,000, but, as we said, the amount you get depends on an inspection where we will look at the following:

  • Vehicle model,
  • Age of the vehicle,
  • Mileage,
  • Appearance of the exterior and interior,
  • Overall working condition.

While the inspection helps us make a determination, we also determine the McAllen title loan amount based on a nationally recognized pricing guide. This pricing guide allows us to know your vehicle’s resale value. The loan representative will explain all of this in detail while you are waiting to find out if you qualify for approval. And you’ll be happy to know that the entire process can be finished in a minimum of 30 minutes.

McAllen title loans steps

5. Find Out If You Qualify For Approval

If your loan gets approved, you are done! All you have to do is finish the paperwork. We will walk you through what you have to fill out and we will also go into detail about the loan terms. This is where you can ask any remaining questions you have about title loans in McAllen, TX. Once you’ve filled out the remaining paperwork, you can get the money either on the same day or the next bank business day at the latest.

Get A McAllen Title Loan Now

As you can see, getting a McAllen title loan doesn’t have to be difficult with us. We here at Texas Car Title and Payday Loan Services, Inc. make sure you understand exactly what you need and what to expect when you want title loans in McAllen, TX. So, the next time you are in need of quick cash, use this loan as an option. Once you are ready to start the simple process, just use the online form on our website to contact us and get things 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.

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.