Life can sometimes be very difficult on you, especially when you've had recent hardships that may have resulted in a shortage of money. Yet we all know upcoming bills are not going to wait and maybe you just need a temporary loan to cover those bills until your situation becomes better. While a traditional bank loan may be an option for you if you have excellent credit, if you have bad credit or have defaulted on other payments in the past, it might be off the table. But you don't have to rely on banks or even peer-to-peer lenders if you apply for our title loans in La Marque, TX.
Title loans can help you when you're in a crunch whether you need just a few hundred or maybe even a few thousand dollars to borrow. So how do they work? If you completely own a vehicle, you can use your title to secure a loan that's usually a fraction of its value and use that loan for short-term expenses. Applying for title loans with us is a lot less of a hassle than having to meet with a loan officer, and to get started we just need to know some basic things about your vehicle.
Application For Title Loans La Marque, TX
The title loan application in Galveston or the general La Marque area is very straightforward. You'll need to know your vehicle's make, model, year and approximate mileage to get a quote from us. The quote is simply an estimate on the maximum loan amount you're eligible for based on the best condition your vehicle is in for the year and mileage you listed. Your vehicle will need to be inspected and have the final paperwork filled out to verify its value before you can receive your loan funds.
Laws About Title Loans La Marque, TX
To get approved for title loans in La Marque, you have to be in compliance with local, state and federal laws. The payday loan industry in Texas is one of the least-regulated in the nation and there's not a lot of red tape to cut through to get approved, but there some basic requirements you need to make sure you meet. Basically you must meet the following requirements to get a title loan:
- At least 18 years of age
- Have no liens on your vehicle title
- Be a permanent resident of Texas and have your vehicle primarily kept in the state
In order to verify you qualify for a title loan, you'll need to bring a government-issued photo ID when you fill out the paperwork. It does not have to be a driver's license, but it should be an official state or federal photo ID. You may also want to bring a utility bill or pay stub to confirm your Texas residency and ability to pay back the loan. You'll need to carefully review the terms on your title loan document, and you may want to refer to Texas title loan codes listed here.
Why Else You Should Apply For A Title Loan
Even if you have bad credit history you will not be denied a title loan. Title loans operate completely independent of credit scores and credit history and instead rely on the value of the vehicle. Best of all you can keep your vehicle while you have it under the title loan since you probably still need it to get back and forth to work or to pick up groceries. The interest rate can vary with each title loan lender, but the sooner you pay off your title loan the lower your interest rate.