How Do Texas Title Loans Work

How It Works

If you’ve never before sought a car title loan, you may be hesitating because you don’t know exactly how complicated the process will be.

Those who have never applied for a car title loan fear that they will not get approval. They think it they will be denied if they have bad credit or a bankruptcy in their credit history.

Unlike a payday loan, your credit rating is not part of the considerations for approval. Borrowers do not have to have a job or even a bank account for an online car title loan.

Getting qualified is based on the value of your lien freevehicle and the amount of income you have from any source.

That’s about it.

Basic Qualifications

  1. You must be 18 years or older.
  2. The title of the vehicle must be in your name and only your name.
  3. Any money owed on the vehicle (except for a previous title loan in some instances) must be completely paid off.
  4. The title must be free of all liens of any kind.
  5. You must have some type of income – job, social security, disability, workmen’s comp or unemployment insurance income.

That’s it.

The Process in a Nutshell

  1. You contact us through the online app.
  2. Our specialist agent will call you back and discuss your situation.
  3. We will ask you for information about your vehicle – year, make, model, mileage, general condition, ect. (Some people may need to fax documents at this stage.)
  4. We will then make an offer and if you accept the offer, you will need to fax in all necessary documents – copy of title, driver’s license, ect.
  5. Once you agree to the online equity loan, you will need to forward the title to our lender and the lender will wire you the cash.
  6. Make your payments on time according to the contract.
  7. Once your last payment is made, the title will be returned to you.

Our Commitment to Your Success

We work directly with you from the first moment you contact us until the very last moment when you pay off the loan. We know that anyone – even the very rich – could at any time in their lives have financial difficulties. We also know that very few are financially strapped for most of their life.

There is no such thing as a “stupid” question, especially when you’re discussing a loan that needs to be paid back. We encourage you to ask anything that you wish to know about the process and requirements.

Some people think that title loan companies offer them much less than the actual value of their vehicle. It’s true. Loan companies do not use a straight “Blue Book” value since your car will lose value before the loan is completely repaid. We give you the highest possible value that your car would be worth at the end of the loan rather than at the beginning of the loan.

The truth is that we are here to help you through the tough times and will cheer for you when the good times arrive. We believe that we only succeed if you succeed. That’s why we want you to have a successful experience with us.

To get the process started, we recommend that you apply with a few Texas lenders that provide online title loans.  Feel free to get started on your app with our site.  Input the type of financing and money you need and you will one step closer to getting a TX car title loan..  Or you can contact us with any questions about our site or online application.  It should take a few minutes and you’ll be on your way.