Are you looking to borrow $2,000 or more but can’t qualify with a personal loan lender? Texas Title Loans works with local lenders throughout Dallas, and we’re confident we can get you approved for a title loan with just a paid off vehicle and proof of employment. These loans only require a car as collateral, and you may not even have your credit checked! Besides that, you can often get your funds within 24 hours of applying, and some companies offer cash in hand at locations in Dallas County.
Do you have a car titled in your name, and can you prove your income? If so, you should have no issue qualifying for a title loan of $1,000 to $15,000. Most vehicles can qualify, and any car that’s year 2012 or newer with less than 80,000 miles can be used as security for your loan. All you need to do is sign over the car’s title to your lender, and then they’ll be noted as the primary lienholder for your vehicle. Make the payments on time and repay your loan according to the due date, and you’ll get the pink slip back in no time!
You must also provide proof that you can make the required monthly payments. This can be from a bank statement or some form of employer verification showing your take home pay. 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 provide a loan only to repossess your car or truck if you default on the loan.
Other requirements may include proof that your vehicle is registered and insured for the total replacement value in Texas. You will likely need to show evidence of a driver’s license and verify that your car runs and is in decent condition. This can often be done through a brief vehicle inspection at any lending office in Dallas County.
Applying for a title loan in Dallas is simple if you start online. Texas Title Loans offers a quick application; we only need general details about your vehicle and some contact information to follow up with you. 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 see your loan amount and payoff options, and most customers can be underwritten and funded the same day they apply.
We have a network of local title loan companies in Texas, and most of these lenders have retail locations in Dallas. So you can complete the application and inspection and sign off on the lending docs that same day. When you apply with a neighborhood title loan company, you can pick up your funds immediately after approval. Some lenders will even send the cash by money order.
Many of our customers have poor credit and have already been denied a payday loan or cash advance from a personal lender. These loans are unsecured, and approval depends on your FICO score. Some customers are denied a payday loan yet approved for an online title loan of $5,000 or more that same day. The reason for this is simple! Your credit history is less of a factor when underwriting a title loan if you own a vehicle worth at least $3,000. Bad credit title loans are available for anyone in Dallas, and there’s a reasonable chance of being funded in less than one business day.
We take applications 24/7, and most customers can apply online or call us at 844-243-3195 and get an estimate in less than an hour. Texas Title Loans works with borrowers from Highland Park to Pleasant Grove, and we can match you with a local lender in Dallas who can fund your loan in 24 hours or less!