Do you know how to get money in 24 hours with a title loan and what’s required to qualify? At Texas Title Loans, we pride ourselves on offering consumer-friendly loans to those who need a financial break. Unlike many online lenders, we focus exclusively on Texas and have a decent presence in Plano. Compared to some of the other big box lenders you may have seen in the national news, our company aims to deliver a quality experience to qualifying borrowers at reasonable rates.
We are a great resource and service for borrowers and interested applicants who live in Plano, Texas. We pride ourselves on being a go-to place regarding Texas car title loans, as our customer base remains large and growing year after year. We hope everyone who applies with us will see how helpful and friendly our customer service agents are.
It turns out that your bad credit score won’t be a factor in whether or not you’re approved for a title loan. Here in Plano, the emphasis is on the equity in your car or truck, and that collateral determines your loan amount and repayment schedule. Even if you have a FICO score of 500 or lower, there’s still a decent chance you can be approved for an auto title loan that uses your vehicle’s equity as security for the loan!
The underwriting requirements include some form of personal identification, current employment history, and verifiable that you can pay the loan back. A bank statement showing monthly income is usually sufficient.
You will also need proof of a wholly owned vehicle, and we’ll most likely have to inspect that vehicle in person per state DMV requirements. Whether you live in Willow Bend or off Preston Road, we are confident you can get an inspection near you in Plano. You must also follow and respect the title lending laws in Texas and the local city codes that regulate finance companies in Plano.
Your loan application is reviewed within an hour by our local underwriting team! That means your loan can get approved in minutes, not hours. On every application submitted, you can access an electronic application to verify your identity, confirm the loan amount and purpose, and get quotes that you can compare to one another. We promise the time it takes to get funded will be quick, and you can even pick up the cash in person at any licensed funding location through Collin County that same day if you qualify. Please apply online with Texas Title Loans or call us at 844-243-3195!