Title Loans in Amarillo, Texas
There may be a collection of reasons for a personal loan. Some of which include active monthly payments like your car, phone or rent, and for some it may be medical bills. These time sensitive expenses may be due soon and you need a way to pay it off without being late. Traditional lenders such as banks often have a lengthy waiting process when it comes to finding out if you are approved or not. Several factors affect their decisions which can include waiting to hear back from credit bureaus about your score, as well as the amount of applicants a bank receives about loans.
For a short-term loan without the hassle of credit checks, consider title loans in Amarillo. They are an ideal alternative to personal loans and can often give you instant approval after you apply! Platinum Lending will get you title loans in Texas, guaranteed. Some applicants may even receive a loan for up to $1,340! Despite your need for a title loan, education level, income or occupation, our trusted title loan lenders will be able to work with any individual at their convenience! To learn more about how title loans work in Texas, apply with us today.
Applying for Amarillo Title Loans
When you apply for title loans in Amarillo with Platinum Lending, you will be guaranteed notice of approval within the same day, or at most the day after you apply! You are granted two options of applying, the first is by phone. You can contact our offices with the number provided any day of the week during regular business hours. You can also apply for a completely online title loans. Our website is also mobile-friendly meaning that you are able to also fill out an application even if you are not in front of a computer! No longer do you have to worry about convenience, we take care of that for you.
When it comes to the information you provide, we ask very little about you. All we will need is some basic contact information about you including your name, a phone number, and your zip code, as well as your vehicle information such as the year, make, model, style and estimated mileage. With that, we are able to give you a title loan estimate calculated by looking at the current price of your vehicle. With the phone number you have provided, you will receive this estimate shortly which is provided by our loan representatives.
Title Loan Regulations
The state of Texas has instilled a maximum lending rate at $1,340 for the purposes of fair lending. The lower the loan amount you receive, the lower interest rates may be placed on them which is determined by the Truth in Lending Act. When it comes to deciding the loan estimate you are given, the lenders will look at:
- Your car’s current market value
- Your ability to pay
Since title loans are not meant to fund lifestyle expenses, a couple hundred dollars will be able to ensure that you are able to make ends meet.
Benefits of Amarillo Title Loans
When getting title loans in Amarillo, there are several benefits you receive including:
- Fast approval
- Same day cash
- No credit check needed
- Easy monthly payment plan
- Early payment
One other big benefit is being able to apply and receive a title loan even if you are unemployed or self-employed! If you are getting government aid and/or receiving other types of reliable income every month, you can use those records to prove your income with our lenders and get a title loan!