3 Ways To Borrow Money In Texas

June 25, 2021 | Louis Tully

ways to borrow money

While getting a loan should never be anyone’s first choice of action when it comes to handling problems, in certain situations, it can be one of a few options. When the problem you’re dealing with is time-sensitive and could quickly escalate, getting a fast loan like installment loans or title loans online could come with more pros than cons.

Here are 3 ways to quickly borrow money with Texas Car Title and Payday Loan Services, Inc. 

The First Of The Ways To Borrow Money: Auto Title Loans

Auto title loans are a secured type of fast loan. Secured loans require a potential borrower to provide a guarantor or collateral when applying. In the case of auto title loans, your car title will act as collateral, not the car itself.

Auto title loans are possibly the most accessible due to this security. At Texas Car Title and Payday Loan Services, Inc., we always do our best to accommodate the borrower’s credit and income situations. That said, auto title loans are easy to get approved for even with bad credit, as the lender’s assets are protected from the get-go.

Auto title loans also usually can give access to larger loan amounts than other loan types (at Texas Car Title and Payday Loan Services, Inc. you could get up to $15,000). This makes them a good choice for those who need access to a lump sum at once to cover an urgent larger expense.

How To Qualify For Auto Title Loans:

Title loans are designated for car owners who are of legal age. The minimum requirements for a title loan at Texas Car Title and Payday Loan Services, Inc. call for you to be at least 18, and outright own your car.

This means that you need to present us with:

  • A state-issued ID or driver’s license.
  • Your vehicle.
  • Your vehicle’s lien-free title in your name.
  • Proof of income (this is typically your most recent pay stub, but you should be able to substitute with an alternative if you’re unemployed – ask the loan representative about it)

How To Get Auto Title Loans:

You can easily start the process online by submitting a filled-out form on the website. A loan representative will contact you soon after with further instructions.

You’ll need to take the required items to the meeting they’ll set up. The representative will assess your vehicle and documents to determine if you qualify for the loan and how much you should get.

If approved – you’ll get the money the same day!

The Second Of The Ways To Borrow Money: Payday Loans

Payday loans are a type of unsecured short-term fast loans. This means you don’t need to provide any guarantors or collateral to get approved – just the required items that match the lender’s standards.

Typically, a payday loan is the quickest out of all loan types and is designated for smaller emergencies. If you apply for payday loans with Texas Car Title and Payday Loan Services Inc., you can get up to $1,200.

How To Qualify For Payday Loans:

Qualifying for payday loans at Texas Car Title and Payday Loan Services, Inc. is as simple as title loans. You’ll only need a few documents, and we will accommodate any credit situation and income type. It's important to meet the payday loan requirements Texas requires.

Here’s what you’ll need:

  • A state-issued ID or driver’s license (again, you must be over 18).
  • Your most recent pay stub as proof of your ability to repay the loan.
  • A blank check from an active checking account in your name.

Tip: you typically need to be employed to qualify for a payday loan, but you might be able to qualify when unemployed with sufficient proof of alternative payoff means – ask your loan representative about it!

payday loans online

How To Get Payday Loans Online:

The process of getting a payday loan online is similar to that of title loans. You start by submitting the correct form on the website and wait for the loan representative to contact you with further instructions.

Then you take the required items to a meeting where they’ll be assessed by the loan representative to determine the terms of the loan.

If approved – you’ll get the cash the same day. 

The Third Of The Ways To Borrow Money: Signature Installment Loans

Like payday loans, signature installment loans are a type of unsecured fast loans. That means you won’t be putting up collateral to get approved.

The main difference between payday loans and signature installment loans is that signature installment loans are meant to last over several installments, hint the name.

They can also be larger than payday loans. At Texas Car Title and Payday Loan Services, Inc. you could get up to $1,500 with a signature installment loan.

How To Qualify For Signature Installment Loans:

To qualify for a signature installment loan with Texas Car Title and Payday Loan Services Inc., you’ll need:

  • A state-issued ID or driver’s license (to prove you’re over 18).
  • Your most recent pay stub as proof of income (you may be allowed to provide an alternative if unemployed – ask the loan representative about it).
  • An active checking account in your name.

online loan approved

How To Get Signature Installment Loans:

The process is similar to the previous two. You start by submitting an online form on the website and wait for the loan representative to call you.

Then you will need to take the required items to the appointment they’ll set up. They’ll assess the documents and determine if you qualify.

If approved – the cash will hit your bank account by the next bank business day. 

Find Out Which Loan Fits You Best And Get It Today

Submit your online form on Texas Car Title and Payday Loan Services Inc. for either auto title loans, signature installment loans, or payday loans online today and you could have the cash you need in by the end of the same day!