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If you’re in need of money and you own a car, there’s a way that you can turn your car title into cash with a title loan. Even though it’s known as a title loan, a car title loan or occasionally a pink slip loan (because you’re giving the title, a “pink slip,” to the lender), the actual collateral on the loan is your car.
The federal government leaves most title loan regulations up to the states. You may be wondering, what are the requirements for a title loan in Texas? We’ve got the Texas title loan info you need if you’re thinking about getting one.