Why Choosing Alvin Title Loans can Help
We all know how tough it is to struggle with the bills when you are living paycheck-to-paycheck. If you are living this way and an unexpected emergency pops up, it’s even worse for your situation. You may not know where you can get the money to take care of your problems. Many people look to a bank in times of need, but if you have a bad credit score you will more than likely be turned down for a loan. If this is the case, you may want to look into title loans in Houston. Platinum Lending can help you immediately with bad credit title loans, which are designed specifically for men and women who have bad credit but still need a loan.
Title loans can help you get back on your feet when there is nowhere else to turn to for fast cash. There are many reasons to choose this type of deal. You may not have any savings to fall back on, or you have maxed out your credit cards and your creditors are already breathing down your neck for their money. The only asset you have is the car, truck, van, or motorcycle that you own. If this is the case, you can use your vehicle as collateral for title loans Alvin, and get the cash that you need to take care of your monetary issue.
Understanding How Alvin Title Loans Work
Our title loan company is a reputable business that wants you to have the money that you need, and we understand that you don’t have time to wait. Applying for auto title loans online is a simple and safe process that anyone can do from the comfort of their own computer at home. The application takes just minutes to fill out and you will be given an online quote within a minute or two of sending the application form in on our website. We simply ask for a few bits of information, such as your name, address, phone number, and zip code.
We also need to know the mileage, make and model of your vehicle in order to give you a quote. We use the current Blue Book value to determine how much of a loan your vehicle is worth, so you always get the fairest and highest price. You’ll get a quote quickly with us. When you decide to move on with the application, an agent will be in contact with you to help finish the process. You’ll then receive the cash, directly deposited into your bank account, within 24 hours or less.
Texas Loan Laws
Texas title loan laws currently limit all title loans to 70% of the vehicle’s existing value and 3% of the customer’s income for the year. Currently, a title loan may be rolled over if the customer cannot pay it back on time. If this is the case, the interest of the loan is the minimum that must be paid before the loan can be extended.
You must be at least 18 years old to apply for title loans in Alvin. All customers must have a hard copy of their title to hand over to the company as collateral. Our company only holds the title to your vehicle; you retain the use of your car or truck for the duration of the title loans Alvin.