Go with Title Loans Andrews for Speed and Convenience
Financial issues often happen when you least expect them, and if you don’t have a sufficient emergency fund, you could find yourself unable to pay your expenses for the month. If that happen, title loans Andrews have been a great solution for consumers all over the city. These types of loans are easy to obtain, provided you own a car, and it doesn’t take long to get one, either.
What can you do with a title loan? Your title loan can go towards whatever you want. It doesn’t matter if you’re dealing with unpaid bills, moving costs, a home repair or financing an expansion for your business – you can pay for any of those with your title loan. The title loan company issues you the money, and from that point on it’s yours to do what you want with it.
An Online Application for Title Loans Andrews
Consumers enjoy the fact that the title loan application process goes so quickly and doesn’t require much in the way of documentation, but we still wanted to make that process even better. That’s why we went to work on an online Midland title loan application, and the finished product is available here on our site under the Apply link. The form takes very little time to fill out, and you can start it off by punching in this info about your car:
- Approximate Mileage
Once you get that filled out, you can submit the form after entering the following contact info:
- Your full name
- Your phone number
- Your ZIP code
For your convenience, we also have tools on our site that function as title loan estimators and figure out your car’s current market value to provide an estimate. This way, you’ll know about how much you can borrow. We’ll instruct one of our representatives to contact you as soon as they can and provide more information. They’ll be able to set you up with a title loan company in your area.
Texas Title Loan Laws
As far as federal title loan laws are concerned, the only major one is a requirement that all borrowers be at least 18 years old. Besides that, states have the flexibility to set their own title loan regulations.
In terms of maximum title loan amounts, Texas doesn’t have any limit in place. It does cap the interest rates on title loans at 10 percent, just remember that there can be fees in addition to the interest.
The state sets a term limit of 180 days for title loans, but most title loan companies opt for 30-day terms. With that 180-day limit, this means you can extend a 30-day title loan up to five times.
Title Loan Benefits
Title loans are ideal for borrowers who don’t have the best credit, because there’s no credit check required to get a title loan. You won’t need to bring financial records or even proof of your income, just your ID, your car title and your car. The application process is over before you know it, as most customers are in and out of the lender’s office in 60 minutes or less.
Although the lender keeps your car title over the term of the loan, you get that back once you’ve paid what you owe. Another benefit is that you keep your car the entire time, giving you the freedom to drive to work, school and anywhere else you need to go each day.