Same Day Online Car Title Loans In Texas
A title loan can be what you need when you don’t qualify for traditional forms of financing. Most borrowers turn to secured loans in Texas when they have bad credit and need money for a financial emergency. Unlike conventional loan offers, companies that offer online title loans in Texas typically offer borrowers less money than going through a traditional lender. Highway Title Loans has been facilitating secured loans in TX for over six years. We work with all vehicles, motorcycles, and RVs, and most can qualify as long as there’s equity available.
Understand How Online Title Loans Work in Texas
Once you realize you’re using your vehicle’s equity as collateral for the funded amount, a title loan is simple to understand. A finance company would rather have some security backing the loan versus nothing, which is typical for unsecured personal loans. These loans have been in demand for the past decade as you can get more money than payday lenders and cash advance companies.
Companies that provide financing based on vehicle equity will likely not check your credit. Some underwriters will want to check your personal information and run a soft credit check, but your car is the collateral, not your credit history! If you can prove you are responsible, the title company will often help get you on a payment plan. Another benefit to the borrower is that they can get car title loans online the same day they do the inspection and sign the contract. Qualified applicants can be approved in as little as 24 hours and expect a funding amount of $2,000 to $15,000 that’s based on the vehicle’s value.
Auto Title Loans Requirements In Texas
The main requirement to get an auto title loan is whether you can show proof of a paid off car title in your name. You must show you make enough money each month and give your lender the pink slip for your vehicle. Always be sure that the application process is entirely confidential and secure. Use an online service like Highway Title Loans to apply online. That way, your vehicle info and personal profile can be matched with the best lenders near you!
The short-term lending industry is reasonably competent and the largest direct finance companies will take your application online and in person. Many top lenders in Dallas, Austin, and Houston are safe and helpful. It’s best to find a lender certified and regulated by the State of Texas. You also want to check on the complaint history and see if there are any online reviews. This ensures that the company is not a scam and that staff is certified by a professional association at the state level. Be sure you use only reputable title loan companies to get a vehicle title loan in Texas.
How Does A Texas Title Loan Work & How To Get One?
Typically, getting cash with Highway Title Loans is relatively easy. If you have a lien free car or truck and are currently employed, you can get approved. The phone application or online form usually takes about one minute to complete. A title loan may be the solution if you want to get a loan regardless of good or bad credit. Sign up with a reliable loan provider, and you can pick up cash that same day you apply.
When you apply with a registered lender in Texas, it is common for a representative to check your credit score to ensure that you are creditworthy. Of course your credit is secondary to the collateral from your vehicle and there’s shouldn’t be a problem even with a few defaults and missed payments.
Qualify For Guaranteed Approval Title Loans In TX
When you get a title loan in Texas, you get a loan based on the value of your vehicle. Using the blue book value, a lender underwriting team will determine how much money you can borrow. Once you are approved, the amount is sent to your bank account. Title lending services in TX charge you fees and interest even if you do not use the money.
To apply for secured loans with guaranteed approval, you will need information such as your car’s title, driver’s license, proof of employment, and proof of vehicle registration. Most importantly, you must provide the pink slip or vehicle title to show you own the car outright. Apply with Highway Title Loans online or call 877-433-5454 to get started!
Cities In TX:
- El Paso
- Fort Worth
- San Antonio