Car Title Loans in Mineral Wells

Tired of waiting around for extra money to somehow appear in your bank account? Maybe you want a new bike to trek through the Lake Mineral Wells State Trailway or you just want to afford a bottle of the healing mineral water the town is famous for. Either way, a title loan can help you to get the money you need to afford all the fun things in life you want to do.

What Are Title Loans Mineral Wells?

For those of you who have never heard about a title loan, there's no need to search for "title loan near me" as we are going to define what this easy source of funding is. A title loan is a short-term cash loan that you can apply for even if you have bad credit. As with any loan, you are expected to pay back the loan and the interest that accrued on it at the end of the loan term. These title loan lenders require that you provide them with a free-and-clear vehicle title for your car in exchange for taking you on as a client. At the end of the loan, you pay back the lender and they return your vehicle title. Your car title is simply used as collateral to decrease the lender's risk.

How To Apply For Title Loans Mineral Wells

Whether you need a title loan in Weatherford or Mineral Springs, you can get access to online title loans right here. You simply need to provide us with your name, contact information, and vehicle information to be approved. The loan amount that you are approved for will depend on the type of vehicle that you drive. Let's look at the steps for applying below.

Step 1: Fill out your vehicle year, make, model, style, and estimated mileage in the form to the left.

Step 2: Fill out your full legal name, zip code, and phone number so a representative may contact you to proceed with the lending process.

Step 3: Receive a digital loan estimate calculation, so you know how much you can borrow.

Step 4: Answer the phone when our representative calls and finalize your loan by sending us or dropping off your vehicle title.

All residents can get title loans in Mineral Wells easily and quickly. There's no messing around with a traditional bank that wants to stretch out the process and requires perfect credit for approval. With us, you can get approved for a title loan quickly and get your money now.

Laws And Regulations Regarding Title Loans

As with any sort of funding, the State and Federal Government has enacted specific laws to help protect the financial interests of the consumers. Some of these regulations include:

  • No Texas title loan lender may charge more than 10 percent interest
  • The maximum time a contract for credit services may be allowed is 180 days.
  • A written agreement must be signed by both the lender and the borrower and specify the terms of the loan agreement.

The Many Benefits Of Car Title Loans

Fast title loans Texas are unlike traditional financing. They are not complicated and they can be completed within the same day. By using your car as a form of collateral, you can get approved for funding even when you have a bad credit history. Lenders for title loans are more willing to lend money to those with unfavorable credit histories because they are given collateral. As the borrower, you still have access to your collateral during the term of the loan.

Those who are in need of quick cash can get it with a title loan. This short-term loan is great for covering emergency expenses and filling the gap in between paychecks. If you have been denied funding from other types of lenders, you may want to give us a try.