Title Loans in Brownsville, Texas
Are your money troubles weighing you down? Are you in so deep that you don’t know how to get out? Is your rent late for three months now and the landlord have not stopped calling you for the money and you have run out of excuses? Is the mortgage company sending you multiple notices for late mortgage payments? Is your electric power about to be cut off due to overdue utility bills? How did you get in this mess? Is it because you encountered an illness, which lasted longer than you though? Or is it because you are down on hard times after a death in the family? No matter what the reasons for getting in this situation, there is help for you. A title loan company provides the financial solution that you need to get back on the right path. Trust online title loans or motorcycle title loans to dig you out of your financial quagmire. It only takes twenty four hours, from start to finish of the application and approval process.
Brownsville City Title Loans
Brownsville is located in Cameron County within the state of Texas. The city is the county seat. On a number of popular cities, Brownsville falls in sixteenth place. In the year 2010, the population was estimated to be 175,023. In the year 2014, the population grew to 183,046. Brownsville is considered to be high in poverty. Many of the residents struggle to make ends meet. Do you want to know more about this city? Go to the official website to learn more.
Brownsville Title Loans Laws
Title loans in Brownsville are legally acquired because the government sets guidelines in place through the Business and Commerce Code. There are no restrictions as to the fees that can be charged by the lender, but there are no restrictions on interest rates. Loans cannot exceed 180 days, but can be rolled over during six separate loan transactions.
Procedure
The procedure for obtaining a title loan is simple, easy and quite succinct and brief. The application is the first order of business for title loans in Brownsville. Once you get that application completed, you are on your way to an approval. Of course, the application is not the only requirement. You need to provide the lender with some documentation which includes:
- Pay-stubs or other forms of income to show that you are able to pay off the loan
- Must be eighteen years of age or older
- The title for the vehicle to be used as collateral
If you are self employed, retired, disabled and injured on the job and receiving worker’s compensation because of it, as long as you can show consistent income, you will be considered for a title loan. You can also get title loans without a job.
The Benefits of Title Loans
There are several benefits to applying for title loans in Brownsville other than getting out of financial trouble. You can actually use the title loan to build or improve your credit? While a title loan lender does not pull credit to determine whether you are eligible for a title loan or not, the lender still reports your payments to the credit bureau. When you pay on time and you are in good standing with the lender, it will positively impact your credit, subsequently improving your credit rating.
Brownsville Title Loan Collateral
The only way that you can even apply for title loans in Brownsville is to have a vehicle that is fully paid off. Your name also has to be on the certificate of title as well. If your name does not appear on the title, then you can visit your local DMV and do a transfer of title.
Apply Now for a Title Loan in Brownsville
Apply for a title loan in order to experience the speed of processing and approval. Within 24 hours or as little as thirty minutes, you could obtain funding for one of the title loans in Texas. So, apply right now and then a representative from Platinum Lending will contact you.
