Save Yourself From Financial Trouble with Title Loans Ennis
There are times when you find that you have more bills than you can pay. And those are the times when title loans in Ennis can make a real difference. You can pay those bills immediately, then work on paying off the loan. You can get a loan today, even if you have bad credit.
Trying to get a conventional loan from a bank is near impossible unless you have perfect credit, a large salary, or real estate you can take a loan against. With a title loan, none of those are a problem. All you need is the title to your vehicle and a few minutes to fill out an online application.
Starting Your Application for Title Loans Ennis
We strive to make getting Waxahachie car title loans as easy as possible. We provide you with an easy-to-fill-out application form to get you started. You should be able to complete it in just a couple of minutes. You will need the following information:
- Year, make, model, and mileage of your vehicle
- Your name, phone number and zip code
With this information, we can provide an estimate on how much we can lend you based on the car's value. One of our loan representatives will give you a call to answer any questions you might have. We will also let you know the closest location where you can bring the vehicle and title to finish up the loan process.
How Title Loans Work in the Lone Star State
To get title loans in Ennis, you will need to be 18 years or older and own the vehicle in question. Those laws are set by the state and at the federal level.
You can borrow up to the maximum estimate we offered on the vehicle. You can choose to borrow less if you need less or want lower payments. The interest on the loan is limited to 10%. We do also charge fees on the loan.
The term limit of the loan is 180 days. However, the loan is on a month-to-month basis. So, if you don't pay the loan off this month, it will renew for next month. That can happen up to five times, or a total of six months.
You need to be aware that failing to pay off the loan will make it go into default. Then, the lender can do a car title loan repossession and sell the car to recover the amount of the loan.
The Benefits of Title Loans
Probably the most visible benefit of getting a title loan is the ability to get cash fast. If you need to pay for a repair, or make an unexpected trip, a title loan can get you the money you need. You can do it without perfect credit or a high salary.
You will get to keep and drive your car the entire time the loan is active. That way, you can get to work, pick up the kids, or do the day-to-day things you need to do. The lender will keep your title as collateral. Once you pay the loan back, you get the title back.
You can use the money from the loan in any way you want. So, if you want to go on vacation or buy a new hat, a title loan can make it happen. You can get relief assistance for title loans in Texas.