Several options are available for a car title loan in Laredo, TX. At Texas Title Loans, we offer same day approval online, and there’s always the option to apply with a direct lender near you. Besides your car’s title, you don’t need much to get approved, and most customers can qualify for funding in one business day. Loan amounts start at $1,000; customers can be eligible with any paid off vehicle.
Some borrowers prefer to save time and hassle by applying for a title loan online, while others will go with a local lender! Texas Title Loans allows you to apply online and get an approval notification within an hour or less. Besides that, you don’t even need to leave your house! Others will feel more comfortable meeting with someone in person who offers loans throughout Greater Webb County. You can make an appointment with one of the title lenders near you and still count on having your funds within one business day!
So you’ve heard title loans in Laredo, TX, are fast, but do you know how they work? You’ll need a title that is clear of any liens or loans, and then the car’s title will need to be signed over the lender as collateral. After your vehicle is inspected and you sign some paperwork, a licensed lender in Laredo can give you the requested amount! With car equity loans, for example, you’ll get anywhere from $1,000 to $15,000 deposited in your bank account, and it’s a much quicker process than if you got an unsecured loan.
No credit checks or background checks are required because the underwriting is based on the equity of the vehicle, not your past payment history! In some situations, the loan amount may be limited because of a previous bankruptcy or any active loans you may have outstanding. Still, your loan amount is ultimately determined by your car’s equity.
Luckily, a handful of offices in Laredo accept walk-in applications for title loans with direct deposit. We know of a few that just opened Downtown and throughout the El Azteca Historic District that can offer cash in 24 hours through direct deposit! To qualify, you must provide proof of vehicle ownership, government-issued ID, and proof of employment or income from other sources.
This means that title loans are based on your title, not your credit score! Don’t worry about getting denied because you have poor credit or if you don’t know how car title loans work. If you’re an adult over 18 years old with a vehicle, you’re already eligible for fast cash just by visiting one of our offices in surrounding cities like Eagle Pass or Rio Grande City. Even though these cities aren’t in Laredo, they’re still subject to state lending laws in Texas, and the requirements should all be the same!
Don’t hesitate to get started on your fast and no-obligation application for a title loan in Texas. We accept all borrowers with a clean and clear car title, and our friendly customer service reps will work with you to process your application in no time! Apply online with Texas Title Loans or call 844-243-3195 to start today!