Title Loans in Crystal City, Texas
For as long as auto loans have been around, competing lender vendors have been struggling to get a foothold on the market. There are good reasons for that, and while our loan options may not wipe them off the map, we can certainly provide a reliable balance between loan amounts and affordability when the need calls for it. At the bottom of it all, title loans McAllen do what other short-term loan solutions do better than they do it.
The principle behind the title loan is a simple one:
- Do you have a title to any automobile that you legally own?
- Are all liens paid off on this title?
- Are you willing to temporarily part ways with this title in order to accrue large sums of cash within hours?
If you answered yes to all three, look no further. Our simple online application process will get the ball rolling for you, and you’ll have your expenses paid off in no time. You’re still free to drive your vehicle as you normally would while we hold on to the title, which returns to you in its original state after you’ve paid everything back.
Applying Online for Crystal City Title Loans
It doesn’t take much to qualify for a title loan. Since there are no credit checks, it’s really just a matter of providing evidence of solid income and the vehicle in question having some value under the hood. Those two factors will play a major role in how large the loan can be and over what period you may borrow it.
With that said, we only need to know your basic contact information and the simple details about the vehicle itself, including style, model, make, mileage and year. After you’ve submitted everything, we’ll review it and fire a call back as soon as possible to review your ID and financial situation. These are legally enforced steps in the process of creating title loans Crystal City, and they protect both ends of the deal moving forward.
Once we zero in on an accurate car title loan estimate, all we’ll need from you is the green light to go forward with the exchange. Although it’s better if your title is lien-less, we can still accept it under limited terms while it still has debts on it. You may also be eligible for title loans Crystal City while collecting disability or other benefits; however, these factors may hurt your chances of getting a loan at the size that you need.
Legal Implications for Crystal City Title Loans
1. Usury isn’t Usual
Most states have it branded into the law books that any lender who assesses overhead charges in excess of 10% is liable for usury, which is a no-joke felony that can make or break the business. Breathe easy — your interest rates will be minimal.
2. Keeping You On Track
Recent laws have surfaced with the requirement that lending companies double- and triple-check to ensure that they’re lending money on realistic terms. If your income situation and outgoing expenses all say that you can’t afford it on time, we can’t do it.
3. No Seizure for 60 Days
The long and short is, your automobile won’t be repossessed within the first 60 days after the loan has been created. In essence, you must be over 30 days delinquent on your loan payments in order for us to claim the vehicle.
Forget the Rest
The problem with other lenders comes down to too much bad and not enough good. The APRs end up being too high, the loan terms are unforgiving, and the amount of cash you can secure is just too small for the effort. Fortunately, only title loans in Crystal City can do the following:
1. Tens of Thousands Deposited in Less Than 24 Hours
2. No Usurious APRs — Interest Rates Stay Within 10%
3. Buyout and Refinancing Services to Turn Over a New Leaf