Car title loans are very common in the Dallas area and, what’s more, they are also very easy to get. In order to qualify for a title loan, the only thing you really need is a lien free vehicle title in your name, as well as regular income to pay back the loan when the time comes.
If you meet those basic qualifications, then you will most likely be eligible for title loans in Dallas. To get the process started, you simply need to find a lender that you wish to borrow from and then either go in-person to the lender and fill out an application or go to the lender’s website and fill out a financial online title loan application form and receive your free title loan estimate.
Finding a Lender
To begin with, before you even start looking for a lender in Dallas, educate yourself on Texas’s laws concerning title loans. When you are familiar with what the law says, you greatly reduce your risk of getting cheated or being treated unfairly by a lender, which is rare but, unfortunately, does happen.
Once you know the law, you are free to look into different lenders and to find the one that is the best fit for you. Some things you will want to consider and do as you choose your lender are:
- Request free quotes on how much you can get from each lender
- Compare loan amounts and interest rates between lenders
- Make sure the lender is licensed to do business in your state
Once you are sure that you have a great lender, then you are ready to get the process started!
Applying in Person
If you decide that you prefer to apply for your Texas title loan in person, go ahead and get all of your necessary documentation together before you visit your lender.
Some of the things you will need include:
- Official identification, such as a driver’s license or passport
- Social security number
- Recent utility bill or other proof of residency
- Vehicle title
- Vehicle registration
- Lien release paperwork if applicable
- References and their contact information
If you have all of that information ready to go when you apply for your loan, the process should be quick and easy. You will most likely even be able to leave the lending location with your money in hand!
Applying Online for a Dallas Title Loan
Applying for a title loan online still requires all of the necessary documentation; however, it’s usually a bit quicker and easier and more convenient.
Some lenders simply use their online forms as a way to first make contact. They will gather your information and then call you and ask you to come in to complete the loan process.
Others, however, will let you do everything, from start to finish, online, including emailing or faxing in all of the necessary documentation.
Just check to see how your particular lender works and what the online process is. Also, no matter how you apply, make sure your particular lender doesn’t require any additional documentation other than what is listed above. You don’t want to forget something that your lender requires!
If you follow these tips and get everything together ahead of time, you should have your loan funds before you know it!