Maybe you’re caught in a money matter that seems to have only a dead end and no way out or maybe you were hit by an emergency that has left you wondering how you will cover your bills and expenses. Maybe you were laid off without any warning and now you’re in a state of helplessness without the support of anyone.
Do any of these situations sound familiar? Are you or someone you know and love in one of these situations and need help today. Well, you can stop worrying and stressing yourself to no end –you can start fixing the problem today by looking at title loans in an office near you in Lewisville, Texas.
A title loan offers borrowers money for their car title. The cash loan is secured by the vehicle title, not the car itself, so the car stays in the possession of the borrower throughout the loan duration.
It is something like a pawnshop. The lender will give you cash for your car, depending on the make, model, year, and condition however, the lender will not keep your car. In most, if not all, cases –title loan lenders allow clients to drive away with their cars. How else will you get to work so you can pay back the loan if you don’t have a car?
Again, the amount depends on the year and condition of your car. The value will be determined by these factors as well as the most current statistics offered in the Kelley Blue Book.
Professionals at Texas Title Loans, who have been in business for few years if not decades, will give you a free car title loan quote. Free car quotes are given to anyone who applies for a title loan. There is never a charge for a free car quote and most quotes are given in a matter of hours.
If you own a car, then you must provide a car title that you should already have or you can pick up at your nearest DMV. If you do not own a car, but have a car that is almost paid off, you can provide car payment slips. In addition, you must have a valid state or government-issued photo ID that states you are at least 18 years of age and a completed, signed title loan application that will be given to you at the title loan office.
Title loans only use the car’s value to determine the loan amount, therefore dealing with credit scores would be silly. As the value is based on your car and not your credit background, all types of applicants are encouraged to apply. No applicant will be turned away –even those with no credit or bankruptcy on file have high rates of success with title loans.
The beauty of title loans, unlike other bank loans, is that there is no other paperwork involved.
>After these preliminary steps, the only thing left to do is wait. You will probably wait between 24-48 hours. After the waiting period, you will be given the address to a nearby office where you can pick up your cash.
You will be given a list of payment plan options by your title loan lender. The lender will walk you through the process of the contract and each payment plan option. Select the payment plan that works best with your regular bill cycle and your employment status. Your lender will discuss how the payment plan scheduling works –be sure to pay attention and ask questions.