Car Title Loans in Killeen

Your vehicle is a flexible and convenient asset when you need to go from one place to the other. It is also a verifiable asset when you need fast cash and own your vehicle outright with no liens.

Killeen title loans are a fantastic lending option. Let’s say that you bought a car at your local car dealership and you have made the final payment on the vehicle and received the title from the dealer. You can actually use the certificate of title to get money for a medical emergency, outstanding bills or a late rent payment.

Your vehicle is definitely a way to get out of a financial bind. How? You can use your vehicle as collateral for a loan with a Texas title loan lender in Killeen. In short, your car is a safety net for when you get into financial trouble. More importantly, in most states, the lending laws allow you to rinse and repeat.

What does this mean? It means that once you pay down considerably on your title loan balance, you can rollover the amount and get more money. This is good to know even before you get into financial trouble. It is a given that some point or other in your life, you will be financially challenged. When this happens, speak to a Killeen title loan lender.

Terms and Conditions in Killeen

Each lender will have differing interest rates, terms and conditions as it relates to a title loan. It all depends on the laws of the state. In many cases, you can apply for $1,000 or more. The loan period is generally thirty days where you have to surrender the title to your vehicle. Some lenders will request an extra key to the vehicle.

However, you will maintain possession of the collateral. This means that you will be able to still drive it around while repaying the loan. If you fail to repay the loan for any reason, you should always contact the lender to work out the situation. Most borrowers tend to try and pay it off because they need their vehicle as their primary mode of transportation.

Killeen Title loan Application

You should go ahead and apply for a Killeen title loan. The process is easy and simple. An online application is available to you and you will get an instant title loan quote with the amount you can borrow. Your application will then be reviewed by the lender, after which a decision will be made whether you are approved or not.

Once you submit the minimal documents, there is no reason why your application would be rejected. You should provide:

  • The original certificate of title (free and clear of liens)
  • Proof of age (driver’s license or valid ID card)
  • Proof of income (paystubs, tax returns, social security benefits, disability benefits, worker’s comp or unemployment benefits)

Start the Application Process

It is time now to begin the application process. Complete the application form online. Gather the documents that will be necessary. Wait for the call from the lender representative to go over any additional details.

Provide the lender with details of the vehicle such as make, model, VIN number and year. The lender will assess the value of the vehicle and give you about forty percent of the value as your loan amount. To get fast cash by tomorrow morning, you should just go ahead and fill out the application right now.