It’s always tough when you’re dealing with a financial hardship that’s well out of your budget. With how much it can cost to get your car or home repaired, or pay many other types of expenses, you may find yourself short on the money you need. That’s where title loans Trophy Club come in to the picture.
A title loan is a secured loan that’s based on the value of your car. All you need is a car you own with a lien-free title and you’re good to go, regardless of your credit score. After you’re approved for the loan and get your money, you can put it towards whatever you want. And if you’re in the market for fast title loans Texas, we’ve got you covered.
When you need a title loan in Fort Worth, the last thing you want is listings for title loan companies that are a long distance away from you. After all, you likely searched “title loans near me” for a reason. With our online title loans process, you can apply for your title loan right now. Just head over to the form here on our site and enter the following info about your car:
Complete the form by punching in the following personal info:
Here’s what happens after you enter that information and submit the form to us – we’ll determine the current market value of your car to give you a free title loan estimate, contingent on the condition of the car. We’ll also tell one of our friendly loan representatives to follow up with you at their earliest convenience and answer any questions you have, then connect you with a lender who can issue your loan.
The title loan process is simple enough. You must be 18 or older to get one because of federal regulations. Besides that law, the federal government lets each state set its own regulations, and title loans Trophy Club fall under Texas’s regulations.
The state puts no limit on title loan amounts, which means you can borrow as much as you want provided your car has enough value. It caps interest rates at 10 percent, although there can be other fees. Terms are typically 30 days and can be extended if necessary, and Texas caps terms at 180 days. Defaulting on the loan gives the lender the right to come repossess your car and then sell it.
Speed and convenience are the biggest benefits of title loans. And when we say these loans are fast, we mean it, as you’re usually in and out of the lender’s office within an hour. There’s no credit check during the application process, meaning a bad credit score won’t impact anything for you.
You won’t need any financial documentation to get your title loan like you would to get a bank loan. You just need to bring your ID so you can verify that you're over 18, your car so the lender can inspect it briefly and the title to your car, which the lender hangs on to until you’ve repaid the loan in full. Even though your car will be the loan’s collateral, you keep it the entire time. There’s no need to worry about how you’re going to get around town while you pay back your loan.