What Do I Need For A Title Loan In Dallas, TX?

If you're in need of fast cash, you might be asking, “What do I need for a title loan in Dallas, TX?” A title loan offers a simple and fast way to get the money you need in an emergency, using your car’s lien-free title as collateral.

In this guide from Texas Car Title and Payday Loan Services, Inc., learn about the requirements for getting title loans in Dallas, TX, for emergency cash. We will also explain the process for getting Dallas title loans to help you understand how easy it is to get same-day approval today.

What Are The Requirements For Title Loans In Dallas, TX?

Need fast cash loans to help handle a financial emergency? Auto title loans in Dallas, TX, can help borrowers receive up to $15,000 in one business day to pay for their urgent expenses. The best part? The car title loan requirements at Texas Car Title and Payday Loan Services, Inc. are simple and will only require you to have a few items.

The following are the three required items for a Dallas car title loan:

1. Your Driver’s License

Texas law dictates that title loans in Dallas are only available to borrowers over the age of 18. Before you can get approved for Dallas auto title loans, you must be able to prove your identity and age.

At Texas Car Title and Payday Loan Services, Inc., we require your driver’s license as one of the three required items to gain title loan approval. You can use your driver’s license to prove your identity and that you meet the age requirements to be allowed to borrow money in Texas.

In the unlikely event that you don’t have a driver’s license, you can use another form of state-issued identification. This can include a state ID card, passport, social security card, or insurance card. As long as it is state-issued and has your name and age, you can use it to verify your identity.

2. Lien-Free Car Title

Arguably the most essential requirement for Dallas title loans is your lien-free car title. Otherwise known as a clear vehicle title, this one has no outstanding liens, debts, or judgments. Getting approved for title loans in Dallas requires you to have fully paid off your vehicle so we can place a lien on your lien-free car title.

If you have not paid off your car yet, you cannot use your car title as collateral for title loans in Dallas.

The car title must also be in your name. If you share the car or bought it from a third party, it may be in someone else's name. Before getting a vehicle title loan, you must go to a local DMV office and pay a fee to have the name on the car title changed to your name.

3. Your Vehicle For A Quick Inspection

The third and final item for Dallas title loan approval is your vehicle that matches the vehicle title in your name. While we are using your vehicle title as collateral and not the vehicle itself, we still need the vehicle for a quick inspection.

The vehicle inspection determines the loan amount you can qualify for if we determine you qualify for approval. Though the maximum loan amount is $15,000, your loan limit depends on your vehicle model, age, mileage, and condition. During the vehicle inspection, the loan representative will be able to determine your vehicle’s market value based on industry standards. This step only takes a minimum of 30 minutes, and you’ll know right away how much you can borrow if you are approved.

There Is No Credit Requirement For Car Title Loans

After reading the list above, you may wonder where the credit score requirement is. While traditional banking institutions use your credit score to get you approved for fast cash loans, we do not. Texas Car Title and Payday Loan Services, Inc. does not do hard credit inquiries to determine your credit score.

This is because we use your car title as collateral to secure the loan, meaning we do not have to prove you have good credit to trust you will repay the car title loan. This means car title loans are bad credit loans available to those with a low credit score or no credit at all.

Where Can You Can Car Title Loans In Dallas, TX?

At Texas Car Title and Payday Loan Services, Inc., we allow borrowers to get approved in-store or online. When getting online title loans, one of our loan associates will come to you to verify your required items. They will go to your home or work location with title loan documents for you to sign.

However, those who wish to have more face-to-face interaction at one of our store locations can come in to speak to a loan representative. We have stores across Texas, including places like Fort Worth, Houston, and Texarkana. You can also visit one of our store locations near Dallas to get the emergency cash you need.

How Can You Apply For Title Loans In Dallas, TX?

Now that you understand title loan requirements in Texas, you can begin the process of applying for car title loans. At Texas Car Title and Payday Loan Services, Inc., we simplify the process for borrowers, allowing them to get approved swiftly for the emergency funds they need. All you need to do is complete the easy steps below to get approved the same day you apply.

The following are the steps involved in the title loan approval process in Dallas, TX:

• You can start by filling out our online inquiry form with your simple details, such as your name, vehicle information, and contact details. After submitting it, one of our loan representatives near you will receive it and call you.
• During the phone conversation, they will verify your information and answer any questions you have about car title loans. You will also agree on a convenient meeting location for you.
• After agreeing on a meeting place, head there with your required items. The loan rep will verify your items and inspect the value of your vehicle.
• If approved, you can sign the final documents to complete the approval process. You can receive your emergency cash the same day or the next business day.

Apply For Title Loans In Dallas, TX – Get Approved For Up To $15,000 Today!

It’s easy to get title loans in Dallas, TX, with Texas Car Title and Payday Loan Services, Inc. With flexible options, quick approvals, and friendly loan specialists, we help you navigate the process with ease.

When you are in need of emergency cash to handle urgent expenses, contact us to get the money you need today. Fill out our online contact form today and hear soon from a helpful loan rep who can guide you through the process.

 

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