One emergency. That’s all it would take for about half of all Americans to land in a financial disaster. It may not seem to be that bad if you just look around, but many of those people living in nice homes, driving nice cars and working decent jobs only appear to have it all together.
In reality, many of them are in the same boat as others who struggle to get bills paid and put food on the table. Fortunately, there is an option to get more cash when your bank balance gets low, and all you need is a car.
If you’re wondering how your car can help you financially, just think about its value. Now, imagine using your car’s value to leverage a loan for yourself. That’s basically how title Loans Coppell, TX work. You apply for a loan using your car, truck or motorcycle as collateral, and you get cash.
Any vehicle collateral must be the property of the applicant, and it should have a clear title. Applicants must be at least 18 and have some type of income. Employment is not mandatory, but you must show another form of income, such as retirement payments or disability benefits.
One requirement is to let the lender hold the vehicle title during the loan term, but you get the title back when the loan is paid off. While many loans require a credit check, you won’t have one with title Loans Coppell. Because title lenders believe everyone should have the opportunity to get the financial help they need, the credit check is eliminated in favor of vehicle collateral.
Now that you know how to qualify for Texas car title loans, the only thing standing in the way of your fast cash is an application. It’s so simple and easy to complete that you might wonder why it’s even necessary, but it is a mandatory part of the process.
Just complete the online title loan application with a little info about you and your car, and send it on through. We get it, and we send you back a quick loan quote. Your vehicle info allows us to make a value assessment, which is how we determine your loan amount. Once you get the offer, one of our experienced representatives call you to verify the information.
During our call, we will ask you a few additional questions to fill out the blanks in your loan profile. This is mainly related to your income so that we know you can afford to repay the loan, and we also need to make sure we assessed the correct value of your vehicle collateral. You get to ask questions, if you have any. Then, we finish all the particulars, finalize the loan and get the money to you. Most people get the cash in 24 hours or less.
Operating in Texas requires title lenders to hold a state license. The state limits interest to 10 percent, but they do not limit loan amounts or fees. Loan terms are 30 days. Five loan renewals are available. This gives borrowers 180 days to pay off a loan. Failing to pay the debt could result in collateral vehicle repossession.
Other cities in Texas we serve:
Apply online for free to get your loan quote and you could have your money within 24 hours!
• Easy applications and fast processing.
• Money is delivered to most borrowers in less than 24 hours.
• There’s no credit check for title Loans Coppell. If you have bad credit, it won’t block your loan approval.
• Loan renewals are your legal right. Use them if you need more time to pay off the loan.
• Your car is yours to keep during the loan term.