Need cash in a hurry? We can help! Texas Approval offers title loans in Richardson to help you secure the funds you need quickly and easily. Almost everybody experiences a cash shortfall from time to time, and if your credit is less than perfect, it can be difficult to secure short term funds. Whether you have an unexpected home repair, medical bill, or another unforeseen expense, you can get Texas title loans to cover the shortfall.
Do you have poor credit, or even no credit at all? Because a title loan is not credit, even people who would not qualify for traditional credit can qualify. Texas Approval works to find you the best lender in your area to help you through a tough financial time.
So How Does a Title Loan Work?
Title loans in Richardson are easy to get. If you are at least 18 years old and own your own vehicle with the title in your name, you generally can qualify.
Title loans aren't credit, and they aren't subject to credit approval. Instead, title loans are short term loans which use your car as collateral. The loan amount is based on the value of your vehicle, not your credit score.
You give your title to the title loan company in exchange for your loan, and when you pay it off, the title is returned to you. In the meantime, you may use your vehicle as you wish with no restrictions.
Loans are generally between $1,000 and $4,000, and are meant to be short term.
Be prepared to provide the make, model and year of your vehicle, and be able to give a general assessment of its value to determine how much you may qualify for.
Texas Approval will work to find a lender in your area that will give you the most money for your vehicle. After you qualify, funds are generally available within one business day.
How to apply for Title Loans in Richardson
After your complete your application, a customer service representative will contact you as soon as possible to verify your information, discuss your loan amount, and to answer any questions you may have. Be sure to understand the terms of bad credit loans in Texas, such as payment options, interest rate, and when your loan must be paid in full.
If you think you are in over your head with debt and want help repairing your credit, contact the Texas Attorney General, Ken Paxton, for assistance and advice. In addition, if you have questions about the regulations surrounding title loans in your municipality, consult The Texas State Law Library for specific guidance.
Benefits of Title Loans
The biggest benefits of a car title loan in Texas are prompt access to funds needed for a short term loan and that you get your money quickly, with no credit check and minimal paperwork. Also, timely payments can help you rebuild not-so-stellar credit, and put you back on the path to establishing good credit.
If you're ready to find out how much you could qualify for, fill out the online application or visit us in our Garland office today! We look forward to working with you!