Title Loans In La Sara, Texas
Have you ever looked for a loan that offered the flexibility of being used for any purpose at all? Most loans have loan officers that that look over your loan application with intense scrutiny and in some cases accept or deny your loan request based on what you need it for. But if you live in La Sara, TX or the greater Laredo area, we have car title loans that you can apply for that can be used for any purpose at all without scrutiny. We connect people to lenders offering car title loans La Sara through an online application process including contacting them when convenient to direct them to a title loan agency near them.
Car title loans require that you own a vehicle completely paid for that has no liens listed on the title. The vehicle value will then determine the loan amount which can be up to half of what the vehicle is currently worth. While auto title loans Laredo do pledge the vehicle as collateral, you do not have to give up the vehicle while you’re using your title loan. You simply allow the lender to place a title loan lien on your title and you can keep driving your vehicle as you normally would.
Why It Doesn’t Matter What You Use La Sara Title Loans For
By allowing the lender to place a lien on your title to make your car title loan collateralized, you’re taking out a secured loan. Secured loans allow the lender to loan money at a lower risk than an unsecured loan because they have an asset that guarantees some sort of payment for their loan. Because this risk is much lower, it usually doesn’t matter what your credit score or bankruptcy history is to be approved for a car title loan. In addition to your vehicle title, it’s possible the lender may ask for income verification to insure repayment of the loan. This doesn’t necessarily mean you must have employment verification as social security checks, disability, or unemployment compensation can also qualify. If your vehicle is of high value compared to your car title loan, you may not even need to verify income.
Other Great Reasons To Use La Sara Title Loans
Title loans La Sara are also very flexible compared to most other easy short-term loans. For example, payday loans are often placed in the same category as auto title loans, but these loans are usually for much shorter terms such as one or two weeks and usually are much smaller in amount. Auto title loans in La Sara usually last about 30 days and are more flexible in terms of repayment, including offering refinancing if you need a little more time to pay them off. But it should be your priority to repay them as soon as possible so you can have the lien erased from your title as soon as possible.
How You Apply For Our Title Loans
Filling in our application now will expedite the process and make your visit to the car title loan agency much shorter. To ensure you get an accurate quote for your loan amount, you’ll need to know your vehicle’s make, model, year and mileage. The quote will assume your vehicle is in good condition, but when you visit the car title loan agency your vehicle will need to be inspected to make sure it meets the criteria. You’ll also need the following:
- Government-related photo ID such as a driver’s license, passport or military ID that proves your identity and verifies you’re 18 or older
- Your Texas-certified vehicle title
- One other document such as a bank statement or paycheck stub
The inspection will usually take place while you’re presenting the documents and completing the final paperwork. You can usually find out within minutes if your car title loan request has been approved, and if it has you can expect the funds in your account usually within one business day. Once you have the funds, you can use them to buy groceries, pay student loans or for anything else you need.