Title Loans in Grapevine Texas
Are you committed to finding a solution for your financial problems? Then, if you are, you have to take the necessary steps to do so. If you are having issues with late payments or non-payments due to a medical emergency, being laid off, loss of a loved one or whatever other reason, then you are not the only one and you won’t be ostracized for it by a title loan lender. Your financial problem is only a loan application away from being solved. However, you have to take the right steps toward having a loan processed so you can take care of your financial issues sooner rather than later with title loans Grapevine.
The City of Grapevine
The city is considered a suburban area in the city of Dallas. Recently, there are wineries that have been opened in the city. However, city officials have done their best to maintain the downtown history. Until the early years of the twentieth century, Grapevine was known for its main cotton crop, after cantaloupe farms began to take over 25,000 acres of land. For that reason, the city was known as the ‘Cantaloupe Capital of the World.’ A sign was put up by the Rotary Club to showcase this. The Grapevine Lake is the source for recreation and water for city residents. You are invited to visit the official website for more details about this wonderful city of Grapevine.
Grapevine Title Loan Laws
The Uniform Commercial Code is the rule that governs the title loan industry and other secured loan transactions. As pertaining to the law, borrowers can refinance title loans at a maximum of three times. The lender can rollover the borrower’s loan at up to four times, but no more.
Grapevine Title Loans – The Process
Getting a title loan could be just 24 hours away. All you have to do is to fill out the application and start the process. Once you have completed the application, you will probably receive a phone call from the lender’s representative, asking for some required documents, which you should already have your possession. What are these pre-requisites?
The Requirements
The prerequisites are simple. Of course, you must have a copy of your original certificate of title, even before you apply for a title loan. Your name must be displayed on the title and you must have no liens on the title. Other requirements include:
- Driver’s license or government issued ID
- Pay stubs, social security benefits, tax return, unemployment benefit, worker’s compensation or disability benefit to prove stable income
- The vehicle registration and possibly insurance
Is Credit an Issue?
For your peace of mind, even if you have bad credit, you still are eligible to apply for title loans Grapevine. A title loan lender does not check credit because the collateral is the security for the loan. So a borrower’s credit is never an issue.
The Collateral
The collateral is the most important aspect of title loans Grapevine. Without it, you won’t obtain a title loan. However, with a free and clear title, you are already pre-approved for a title loan. The lender will ask for certain details of the vehicle to get an assessed value. With this value, the lender will calculate the amount of money to award you as the loan amount.
Apply Today
Your financial outlook will depend on what you do next. If you really want to change this outlook from being grim, then it is your responsibility to apply for a title loan estimate today.
