How To Get Up To $15,000 Today In El Paso, TX

You can get up to $15,000 with a title loan in El Paso. We use your fully owned car, truck, or van to establish the amount of money you can borrow, allowing you to get emergency cash even with a bad credit score.

This article explores the things you need to get a Texas title loan and our easy-to-follow step-by-step process. You can fund your emergency in no time.

Everything You Need To Get A Texas Title Loan Online

Before jumping into the process, you need to gather the relevant items. Thankfully, you don't have to deal with a long list of requirements. Instead, you simply need to find the following:

• State-issued photographic identification — It's easiest to use your driver's license to satisfy this requirement. But if you can't access it for whatever reason, you can choose the following instead:
• A United States of America passport
• A United States of America passport card
• A United States of America military or military-dependent ID card
• A United States of America student ID card
• Lien-free title to your vehicle — Sometimes known as a "clear" or "clean" title, we use it to prove you have zero outstanding judgments or liens against your car. Without one, we can't offer you a title loan in El Paso.
• Proof of income — You need to provide your most recent pay stub as your proof of income. Sometimes, you can use evidence of unemployment benefits, pension distributions, or inheritance.
• Vehicle — Your vehicle is the main way we establish how much money you can qualify for. The higher your vehicle's value, the more likely you can borrow the higher loan amounts.

How We Value Your Vehicle

Speaking of your vehicle, it's worth understanding the factors that contribute to its value. After all, it's the main way we establish your borrowing limit. While $15,000 is the max you can borrow, the amount you receive can vary depending on the condition of your vehicle.

We look at the following five aspects to quickly assess your car's worth, speeding up the borrowing process:

1. Age

Anybody who has purchased a vehicle probably already knows this, but it's still important to note. The value of your car, truck, or van significantly reduces as it ages. In fact, most vehicles tend to lose the majority of their value (around 60%) during their first five years. Even driving it off the forecourt decreases its worth! Therefore, the older your car, the lower its value. However, this might not be the case for classic cars.

2. Make And Model

Luxury automobiles come with premium features, thus, premium price tags. Expensive makes and models will always be worth more than run-of-the-mill cars. If you're fortunate enough to own a fantastic vehicle, you'll more than likely qualify for the higher loan amounts. With that said, you shouldn't opt for the highest loan amount offered if you don't actually need it. There's simply no point in repaying a value that was unnecessary in the first place.

3. Odometer Reading

The higher your vehicle's odometer reading, the less it's worth. Why? Because it signifies excessive wear and tear (especially if it clocks over 120,000). Owners have to spend more on maintenance and tune-ups at this stage, considerably reducing the value.

4. Customizations

While you may love spoilers, stickers, and decals, others will probably fail to see the value. Therefore, irreversibly customizing your vehicle significantly decreases its worth. Although, installing a brand-new engine into an older chassis can have the reverse effect.

5. Condition

We consider both the mechanical condition and cosmetic condition. So, taking care of every part of your vehicle helps retain its value.

How To Get A Title Loan In El Paso, Texas

Now for the main event — how to get up to $15,000 with a Texas title loan online or in-store. The in-person portion only takes half an hour, allowing you to receive the money on the same or very next bank business day:

1. Complete the online form found on this website. It sends your information straight to your nearest Texas Car Title and Payday Loan Services, Inc. branch.
2. Wait for one of our friendly loan associates to give you a call. They'll talk about the process and ask you to pick a meeting point. You don't have to come into the store if you'd rather meet at your house or workplace.
3. Head to the agreed location with the documents we discussed earlier.
4. Sit with a loan representative. They will examine your documents and assess the value of your vehicle to determine how much money you qualify for.
5. If you qualify, complete the rest of the paperwork with their help.
6. Finally, receive the money you require in as little as 24 hours.

Submit Your Inquiry For A Title Loan In El Paso, TX Now!

Fill in the online form to get up to $15,000 from a title loan in El Paso. Gather up your required documents and with the steps we have outlined above, you will see just how easy it is.

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