A title loan may be the perfect solution if you’re looking for money and don’t have time or interest in getting a personal loan. Car title loans are secured loans and use your vehicle as collateral or “security” for a loan. You don’t need perfect credit for a title loan and for the most part, you can get approved even with poor credit as long as you have a vehicle valued at $4,000 or more.
Texas Title Loans now offers fast approval in Lubbock; anyone with a paid off vehicle can qualify for a secured loan with $3,000 or more and we can process your application in less than 30 minutes. Call us at 844-243-3195 to find out how much you can borrow or apply online for an instant approval quote in Laredo today.
– Proof of income: Verify income with pay stubs from your employer or bank records. Income may include child support, social security benefits, annuity payments, or government assistance programs.
– Proof of vehicle ownership: Do you own a car titled in your name? If so, we need proof that the vehicle is paid off and free of any liens. This can be a bill of sale or an official title transfer document from the previous owner. If you’re borrowing against an old car with no title, contact your local DMV (The Texas DMV Regional Service has a local office off Slaton Road in Lubbock) to get a new pink slip showing you as the sole owner. Apply with Texas Title Loans once you have proof of vehicle ownership with no liens or other holds.
– Proof of vehicle inspection: Most title loan companies in Texas can inspect your car or truck at their lending office (Choose from dozens of auto title loan lenders in Downtown Lubbock, and others are located near Texas Tech University), or they can meet with you at your home or place of work. The inspection process is simple once you bring in the vehicle, and an in-person inspection is always required if you’re looking to borrow 42,000 or more with a title loan in Lubbock. For loan amounts under $2,000, you may get by without an inspection by sending in a video proof of your vehicle.
– Bank account with direct deposit: You need a bank account in your name and it must be a checking account. The checking account must be active for at least 30 days and be set up to accept direct deposits.
Title loans are an excellent option for people with bad credit, and it’s widely known that there are few other ways to borrow money if you have a FICO score under 700. With a bad credit title loan, we rely on your car as security for the loan, and that renders your credit score far less important when determining your loan amount and repayment terms.
Lenders want to see that you can make monthly payments on time and have equity in your vehicle that matches the amount you borrow. You can qualify for up to $25k through Texas Title Loans with good credit. Our company offers title loans in Dallas and throughout Texas, so there’s no need to worry if you live outside the Greater Lubbock Area. Even with poor credit, you can be approved for a title loan based on 60% or more of your car’s resale amount if you have a high value vehicle!
Most applicants know they can get a title loan in Lubbock using any newer car as collateral. But what other types of vehicles qualify? At Texas Title Loans, we can get your loan pre-approved quickly, and you have a good chance of qualifying with any car that can be titled and registered with your local DMV. That means in addition to cars, you can also cash out equity with a semi truck, motorcycle, RV, or camper van. If it’s worth $4,000 or more, you can qualify for a title loan of at least $1,500 in Texas.
We also offer refinancing options for anyone who took out a title loan in Lubbock over the past 3 years. It doesn’t hurt to see if you qualify for a refinance if your loan has an interest rate of 30% or more, and we can get you a payoff quote with new terms in less than 20 minutes. Most applicants in Texas will see a huge benefit with a title loan refinance, and some lenders can pay off your existing loan and help you avoid a possible repossession. Refinancing isn’t for everyone, and you’re probably all set if you already have a low-interest title loan. But why not take a few minutes and call us at 844-243-3195 to get approved for a title loan refinance in Lubbock?
There are dozens of companies licensed to offer title loans in Lubbock and Texas Title Loans works with many of the largest lenders in Texas. Most loan providers have in-person locations in Lubbock, many concentrated in South Overton and the Arnett Benson neighborhoods. You can meet with them in person to submit an application, complete the vehicle inspection, and sign your loan documents all in one visit.
You can also apply online with Texas Title Loans or by calling 844-253-3195, aiming to submit your documents and get pre-approved without a store visit. After that first stage, you can wrap things up over the phone or meet with a local lender who can get you cash for your car’s title that same day!
The process to get an initial lending estimate in Lubbock is easy, and we can get you a quote in minutes based on your vehicle’s make, model, and year. Cars, truck,s and RVs valued at $5,000 or more have the best chance of qualifying for an online title loan in Texas, and you can borrow 40% or more of your vehicle’s value! Get started on your application today with Texas Title Loans!