Title Loans in Conroe, Texas
Are you in deep financial problems and need just a little bit of help to get you out? Hardly anyone is prepared for financial emergencies. When these do happen, it catches some people off guard. Even if you are caught off guard by your financial issues, you don’t have to let it get you down. You can get over this sooner than you think. How? Well, a title loan lender is waiting to assist you. With title loans Conroe, your financial problems could be a thing of the past. All you have to do is to fill out that short loan application and get the loan process moving forward. With a vehicle that you own free and clear, you could be eligible for title loan funding. How will you know unless you make the first move? Contact a title loan lender today.
The City of Conroe
The city of Conroe is located in Montgomery County within the state of Texas. It is considered the county seat. Part of the city of Conroe is located in close proximity (forty miles) to the city of Houston and the Sugarland area. The population as of 2012 was 61, 533. In the year 2000, the population was 36,811. This shows a considerable growth in population. The area is known for its mark in the oil and lumber industries, which is where it gained its wealth. Visit the official website of the city of Conroe to learn more.
Title Loan Laws
The House Bill 2592 was created to regulate the title loan industry. Lenders had to display a loan transaction disclosure in a visible place where the potential borrower can see it on the Internet or in their office. The lender must explain the loan’s terms and conditions to the potential borrower. This includes the interest rate. Title loans in Texas have a time limit of at least two weeks, but no more than thirty days.
Conroe Title Loans – Requirements
Title loans Conroe are available to prospective borrowers within an interest in securing financing for an urgent financial situation. The borrower has to be eighteen years old or more to apply for a title loan. The potential borrower must have full ownership of the collateral with no liens on the title. The potential borrower must also show that he or she has the ability to pay the loan. Therefore, you need to show proof of stable income using either:
- Paystubs
- Unemployment Benefits
- Social Security Award Letter
- Worker’s Compensation
- Tax Returns
- Disability Benefits
- Retirement Income
You also need to provide an original copy of the vehicle’s title and it must show that the title is in your name. With a driver’s license or valid identification card, you must show that you are of the required age.
Credit Situation
Even if you have no credit history, have filed bankruptcy, or have poor credit, you could still apply for a title loan and be approved. You could use a title loan to improve your credit situation, but you must pay back the loan on time.
The Vehicle
The vehicle that will be used as collateral cannot be more than ten years old. The lender will need the make, model and year of vehicle along with the VIN number and odometer reading in order to assess its value and work out your exact title loan quote. The lender uses Kelley Blue Book to assess the value. The vehicle must be in good working condition.
Conroe Title Loans – Apply Now
A loan application is on the website of most title loan lenders. This makes it easy for potential borrowers to apply for title loans Conroe. It also makes the process faster. So your next step is to take the initiative and apply for your title loan now.
