Title Loans in Graham, Texas
A car title loan is a form of secured loan that allows you to use your car title as collateral against the loan. This is great news for the borrower. Since your car title is your collateral, you won’t have to go through extensive credit checks and income checks in order to qualify. The lender loans you money in good faith, knowing that if you don’t repay, they will own your car. This makes an approval much faster and catch-free than other types of loans like payday loans or traditional bank loans.
In most cases, title loans Graham and title loans Fort Worth are easier to obtain than traditional loans. Only a title loan with no insurance or a title loan against a car title with a lien on it will present complications. Why? Because if there’s a lien on the car title, it means it’s not “clear” or paid off. Lenders are less likely to approve a vehicle title loan if there is a lien against the title. We work with all types of borrowers and title loans, and we’re proud to say that we’re one of the few lenders who are flexible about type of title.
How To Apply For Graham Title Loans
To apply for a car vehicle loan with us, simply fill out some basic personal information like your name and phone number. You’ll then be asked for basic car information, such as make, model, mileage, and year of your car. This gives us an idea of how much your car is worth. Your loan amount will depend on the value of your car. Sometimes you might not want to take out the whole amount you are approved for. We work with borrowers on this as well.
Once you’ve completed your application, a loan representative will contact you and let you know how much money you can borrow. It’s up to you to agree to the terms and complete the loan with title loans in Graham.
Legal Information about Graham Title Loans
Texas is very protective of people who borrow against the titles of their cars. They want to make sure that borrowers and lenders reach a fairer agreement than they have in the past. Texas restricts interest rates on these loans as well as the maximum number of times you can renew them. This is for our protection as well as your own and makes everyone involved feel like they’re reached a much fairer agreement.
Benefits Of Title Loans Graham
Title loans have plenty of benefits over other types of loans. Here are just a few:
- It’s faster to be approved for a title loan than a payday loan or traditional loan
- No credit check
- No vehicle inspection
- Fast, friendly service from a loan specialist
- Flexible repayment terms
- Keep your car while you repay
- Spend your loan money however you please
All of these perks give you a good reason to take out a vehicle title loan. We make the experience fast, friendly, and easy, and put cash in your bank account the next day. If you’re tired of waiting too long for loans to be approved or you have a financial crisis and a bad credit history that prevents you from qualifying for other types of loans, call us. If you don’t have a physical copy of your title and need to get a replacement, we can even tell you how to do that. Your local DMV can provide you with a copy after you fill out Form VTR-34 and pay a small fee. After that, all you need to do is apply with us!