APPLY FOR A
24 HOUR TITLE LOAN

24-hour title loans are one way to borrow money in Texas by using a vehicle as collateral. Title loans can help you get cash when other lenders say no, and some lenders offer loans of $1,000 or more, with some funding in one business day.

Texas Title Loans now offers online pre-approval for title loans, and we can also start your application over the phone at 844-243-3195. Once we receive your loan request, we will run it through our system to determine whether you qualify for fast funding in Texas.

If a lender asks to check your credit, it won't be as extensive as a traditional unsecured bank lender, and you can be pre-approved for $1,000 or more primarily based on having a paid-off car, truck, or SUV as collateral. Compare that turnaround time with the multiple days it takes to get a bank loan, which requires extensive underwriting and multiple credit checks.

What You'll Need For Pre-Approval On A Bad Credit Title Loan

The requirements for a same day title loan are straightforward for people with a paid off vehicle. To qualify for collateral loans in Texas, you need a lien-free car title (you have the best chance of approval with a 2014 or newer vehicle), proof of income (a letter from your employer or bank statements), and valid identification (passport or state-issued ID). Some companies may also require proof that your vehicle has up-to-date tags and registration, plus proof of insurance.

One item not listed above is a vehicle inspection. While this is sometimes required for title loans over $10,000, some lenders accept videos or photos showing the vehicle. For same-day funding, lenders can't underwrite and fund your loan if you have to schedule a vehicle inspection, so they allow other ways to verify your car's current value.

To keep the pre-approval and underwriting process under 24 hours, some licensed lenders in Texas now offer virtual vehicle inspections via photos or video. You can't beat the approval times, and while you can always pay off your loan early to save on interest, most loans in regulated Texas cities are now structured with a mandatory 25% principal reduction on each payment. This means your payments are set up to pay off the debt within 4 payments.

How Much Can You Borrow And When Can You Get Your Funds?

Even with our quick pre-approval, your final loan amount in many Texas cities is legally capped at the lesser of 3% of your gross annual income or 70% of your vehicle's value. This "ability to repay" requirement is what allows a licensed lender to fund your loan quickly. If a lender approves you, you could have cash deposited into your checking account as early as one business day, depending on your bank's direct deposit or same-day ACH capabilities.

We offer pre-approval throughout Texas, so even if you are looking for title loans in Houston, Dallas, or a smaller city anywhere in the state, we may be able to help you cash out a significant portion of your car's equity. These secured loans are designed for someone with a reasonable vehicle value but who can't qualify for traditional loans because of poor credit.

For borrowers with a paid off vehicle and proof of income, you have a good chance of being pre-approved to borrow a percentage of your car's equity. Unless you're picking up the cash in person, a Texas lender can't do anything if you request an ACH or bank wire on a weekend or holiday; in that case, you'll get your funds in as little as one business day.

Can You Still Qualify For A Same Day Title Loan With Bad Credit

There's good news if you're worried about being rejected for a 24 hour title loan because of poor credit. There are many ways to improve your chances of qualifying for auto title loans in San Antonio or elsewhere in Texas, even with a bad credit score. Car title loans are available for most vehicles, even if your FICO score is 600 or lower. If you have a newer vehicle titled and registered in your name, you can qualify for a loan with cash sent to your bank account. That means poor credit alone won't disqualify you.

A 24-hour title loan requires that your vehicle be paid off. This gives your lender security if you fall behind on payments and default. Before you apply, make sure you're applying to a company that may offer same-day funding in Texas. Also, be sure they work with people with poor credit and are willing to provide a lower loan amount if you have an active bankruptcy petition or have missed past payments.

Apply For A Quick Funding Title Loan Online Or With A Local Lender

Completely online title loans, without a store visit, are designed for people who need money fast. Apply online or call 844-243-3195 to apply by phone.

You can apply any day of the week, including holidays, weekends, and late at night. Our agents are standing by to take your call and get you pre-approved for a loan that can be funded in one business day. It doesn't matter what day you apply, and we can get you pre-approved and into underwriting on a Saturday or Sunday.

Would you instead apply with a local company? That's no problem, and you can still qualify when you apply for a loan with a lender in your neighborhood. Whether you fill out our form online or in person, these fast-funding loans are a solution when you need cash quickly.

There's no reason to wait for payday if you can get cash for your vehicle or big rig in 24 hours. Complete the application today and see how much you qualify for. You can also consider a title loan buyout or a refinance if you live in Texas and have an existing loan with another lender. Apply today.