Title Loans in Grand Prairie, Texas
With more than 170,000 residents and a close proximity to several major cities, Grand Prairie ranks as one of Texas’s largest cities. When you live in Grand Prairie and work in Dallas or one of those larger cities, you must depend on your car. If you wake up in the morning to find that the engine won’t turn over or a tire is flat, you may wonder how you will ever come up with the cash needed to pay that repair bill. At Platinum Lending, we offer title loans for anyone who meets our basic requirements and has a vehicle. All we ask is that you fill out our online form and that you make sure you understand how title loans Grand Prairie work before taking out a loan.
With our title loans Grand Prairie residents can borrow a small amount of cash to cover a repair bill or another smaller bill. We also offer larger loans to those who qualify. You can borrow enough to hit up all the local attractions in Grand Prairie, including the Verizon Theatre and Traders Village with enough leftover to pick up some souvenirs at an Air Hogs game. Before you start planning how you will use your loan, find out how our application process works.
Title Loans Grand Prairie Application Process
At Platinum Lending, we ask that you meet some simple requirements and that you start the application process online. Whether you want to take out a loan against your car, SUV, truck or even motorcycle, use the form on our site to tell us its make, model, year and mileage. After submitting that form, you can let us know where you work, how long you had that job, how much you make and your current address. We use all that information to decide if you qualify for a loan and how much you can get for that vehicle.
The only things you need to obtain a loan is some type of income, a vehicle and proof of your identification. Once you use the online system and learn that you qualify for a loan, you can visit one of our locations in the Grand Prairie area. We will look at the condition of your vehicle and its mileage, tell you exactly how much you can borrow, process your application and get you your cash on the spot.
Legal Regulations for Texas Title Loans
As a company specializing in title loans Grand Prairie borrowers can rest assured that we follow all Texas regulations and laws. Though Texas does not have a minimum or a maximum amount you can borrow, it does prohibit you from borrowing from more than one lender. If you have a loan of $10,000 or more, you cannot take out another loan. The state does not limit the fees that lenders can charge but does prohibit lenders from charging interest rates above 10%. Texas state law also says that you must pay off your loan or renew that loan within 180 days of signing your loan documents.
Texas Title Loan Benefits
Now that you know more about the laws regarding title loans in Dallas and Texas in general, it’s time to look at some of the benefits of those loans. At Platinum Lending, we offer car title loans online that let you apply and find out if you can qualify from the comfort of your own home before you visit one of our offices. We will never ask why you want a loan or about your credit score. Get a loan for anything you want with one of our title loans.