Car Title Loans in Lake Jackson

Few circumstances are as frightening as running out of money. Like it or not, money is a form of protection. Without it, you can’t provide yourself or your family with the basic necessities of life, like food, clothing, shelter and transportation.

Suddenly finding yourself in a predicament where you can’t make ends meet or you have an unexpected expense you can’t afford can be overwhelming.

It’s at times like these when title loans in Lake Jackson, Texas can be your saving grace. Online title loans are different from other personal loans because you don’t have to have terrific credit to qualify for them. In fact, you don’t have to have any credit at all.

Title loan companies don’t base their decisions on your credit-worthiness. Instead, they allow you to use the title to your car, boat or motorcycle as collateral to secure the loan. The amount you qualify for depends on the current market value of your vehicle, not the choices you made with your credit in the past.

Qualifying for Title Loans Lake Jackson, Texas

Securing a title loan in Texas isn’t difficult. You simply need to meet three basic criteria, which are:

  • You must be at least 18 years old
  • You must be a resident of the state of Texas
  • You must have a clean and clear title to a vehicle in your own name

If you meet these qualifications, you can visit the Texas Title Loans page to begin a no-obligation application online. You can even get a title loan estimate on how much money you might qualify for if you decide to accept the loan. You don’t have to commit to anything until you’re absolutely ready.

In order to get an idea of how much money you might be able to borrow, you’ll need to provide:

  • The make, model and year of your vehicle
  • Your vehicle’s current mileage
  • The vehicle’s body style

Additionally, you’ll need to provide your basic personal contact information, including your full name, phone number and zip code. You’ll be matched with a highly qualified loan specialist in your area of Texas who will contact you within 24 hours to discuss your financial needs.

Are Title Loans Legal?

Car title loans are perfectly legal in the state of Texas. If you decide to apply for title loans in Houston or another area of the Lone Star State, your sales professional will take the title to your car, boat or motorcycle and keep it securely until you repay your loan.

The average interest fees on a title loan in Texas are about $20 for every $100 you borrow, according to the Texas Fair Lending Alliance. So if you borrow $400, you’ll pay back $480; if you borrow $1,000, you’ll pay back $1,200. As long as you’re prepared to make your payments and don’t borrow more than you need, your title loan shouldn’t become a burden.

The Benefits of Getting a Title Loan

Title loans can provide you with much-needed money when conventional methods of borrowing aren’t open to you. If your credit isn’t great, for instance, or you’ve been working on it and don’t want an inquiry on your record, choosing a title loan will bypass these worries.

In many cases, you can receive the money as soon as the next business day once your application is approved. Best of all, you get to keep your vehicle while you make your payments. Get in touch today and see if a car title loan in Lake Jackson, Texas is the right answer for you!