Car Title Loans In Dallas
Are you looking to borrow $1,000 or more but can't qualify for a personal loan? Do you own a vehicle registered and titled in your name and can you provide proof of income? If so, you can be pre-approved for a car title loan in Texas.
Texas Title Loans works with local lenders throughout Dallas, and we can pre-qualify you for a title loan with just a paid off vehicle and proof of income. A car is required as collateral, and while your vehicle's equity is the primary underwriting factor, Dallas lenders will also quickly review your income and financial obligations to make sure the loan meets the city's affordability requirements.
You can sometimes receive your funds in as little as one business day after applying, and some companies offer cash on the spot at lending locations in Dallas County. Don't wait any longer to see what you qualify for. We'll get you an initial quote quickly.
*Overview of local loan caps, payment schedules, and Dallas County regulatory standards set by Dallas City Code Chapter 50, Article XI.
What's Required To Qualify For A Title Loan In Dallas
Do you own a vehicle titled in your name, and can you prove your income? Do you have access to your car, and can you bring it to a lending office in Dallas for a quick inspection? If so, you should have no issue qualifying for $1,000 to $20,000. Lien-free vehicles can qualify, and a 2016 or newer car has the best chance of being approved as collateral. In Dallas, your maximum loan amount is governed by municipal code based on your vehicle's equity and income tiers.
You will sign over the car's title to your lender, making them the vehicle's primary lienholder. Make payments on time and pay down the balance in full, and you'll get the title back quickly.
In addition to providing your lien-free title, your lender needs proof that you can make the required monthly payments. This can come from a bank statement or an employer verification. The bottom line is that your lender will only offer a loan if they know you'll make the payments on time. They don't want to lend you money only to repossess your car or truck if you default.
Other requirements may include proof that your vehicle is registered and insured. You will likely need to show a state-issued ID and verify that your car is running and in good condition. This can often be done through a brief vehicle inspection at a lending office in Dallas County. Once the inspection is completed, you'll be less than an hour away from getting your cash.
How To Apply For A Car Title Loan In Dallas
Applying is simple if you start online. Texas Title Loans offers a quick application process; we just need basic vehicle details and contact information for follow-up. Using that, we'll put together a quote that determines how much you can borrow and your estimated repayment terms. From start to finish, it takes less than an hour to get your loan amount and payoff options, and some customers can be underwritten and funded in as little as 1 business day.
We have a network of local lenders in Texas, and most of these lenders have retail locations in Dallas. Not only is it convenient to work with a local lender, but you can also use our pre-approval service to find the best terms in Dallas.
One of the best things about a loan secured by your vehicle is how quickly it can be processed and funded. You can complete the application, inspection, and sign off on the lending docs on the same day. When you apply with a neighborhood lender, you can pick up your funds immediately after approval. Some companies in Texas will even send the cash by money order.
Title Loan Refinancing Options For Borrowers In Dallas
Do you have an existing loan from another licensed lender in Dallas? Are you having trouble making payments or looking to reduce your loan's APR? Or do you need to borrow more and want to have the loan bought out? Whatever option you qualify for, your loan must comply with Dallas City Code Section 50-151.3. Refinancing options in our network are compliant with municipal lending guidelines. That may let you get new repayment terms on an existing high-APR title loan.
Some Dallas companies charge interest rates of 200% or higher on vehicle-secured loans, and we may be able to pre-approve you for a lower APR and help you pay it off faster. Call Texas Title Loans at 844-243-3195 to see how much we can save you with a no-stress refinance.
Title Loan Options & Repayment Schedules in Dallas
Loan Amount Range
$1,000 – $2,500
| Max City Limit Cap | 3% Gross Income |
| Max Installments | 4 Payments |
| Min Principal Paydown | 25% / Payment |
| Credit Requirement | Minimal Needed |
Loan Amount Range
$2,500 – $5,000
| Max City Limit Cap | 70% Car Value |
| Max Duration | Up to 4 Months |
| Min Principal Paydown | 25% / Payment |
| Credit Requirement | None (Equity-Based) |
Loan Amount Range
$5,000 – $20,000
| Max City Limit Cap | 3% Income / 70% Value |
| Max Duration | 4 Installments |
| Min Principal Paydown | 25% / Payment |
| Vehicle Requirement | 2016 or Newer / High Equity |
*Per Dallas City Code Chapter 50, Article XI, title loan transactions cannot exceed 4 total installments or 3 renewals. Every payment or rollover must pay down at least 25% of your original loan principal.
Applying With Bad Credit In Dallas
Many of our customers have poor credit and may struggle to qualify for personal loans which are underwritten mostly based on your FICO score. Title loans use your vehicle's equity as collateral, making your credit history less important as long as your vehicle meets the minimum value requirements. Bad credit applicants are considered in Dallas, and you may be approved and underwritten within one business day.
Texas Title Loans accepts applications 24/7, and most customers can apply online or call us at 844-243-3195.
Other Cities In Texas: