Title Loans in McAllen, Texas
The most common place that individuals think of when it comes to loans are banks. However, these loans can often make you wait too long for an approval. If you are someone with time sensitive expenses, this is not a good thing. However, title loans in Texas are available as a substitute to personal loans. The quick approvals and same day cash is what makes us more attractive to a lot of individuals needing a personal loan. Bad credit title loans are also available for the residents of McAllen. You may even be able to borrow up to $1,340 from one of our trusted lenders here at Platinum Lending.
Easy Application Process
When you apply for title loans in McAllen, you can call us with the hotline we provide, any day of the week as long as it is during business hours. Or you can complete the online title loans application provided on the website. You will need to provide the same information whichever way you choose to apply. You will need to tell us your name, your zip code, a contact number, the vehicle make, year, model, style and mileage and we will contact you shortly!
One of the many information our loan representatives will have is the loan estimate. You will also be informed of the location of the lender nearest you.
When you get title loans in McAllen you may need to provide additional documents for the lender along with your vehicle and vehicle title, this includes:
- Photo ID (State ID or Driver’s License)
- Proof of income (Pay stubs or up to date bank statements)
If you are not traditionally employed, self-employed or unemployed you may speak to your loan representative about supplementary paperwork you have to bring with you. As long as the records you provide states that you are receiving reliable income every month you can get a title loan without a job!
If you need to obtain a copy of your vehicle title, you may visit:
Benefits of Title Loans
Title loans in McAllen provide their consumers with several benefits. One major advantage of getting a title loan is the instant approval. Banks often go through several applicants a week, and must do credit checks on each applicant which can back the process up for days even weeks. With title loans, there are no other processes your application has to go through so we can approve it directly. Another benefit is the same day cash policy. When you get cash the same day you sign the contract, it is easier for you to pay off bills on time that you know you do not have the money for. If you are someone who has a bad credit score, or does not even have any established or verifiable credit, title loans are perfect for you. All types of credit are welcomed by our trusted lenders so you do not have to worry about that.
Many individuals think that your lender will keep your vehicle at the store until you pay off the loan. However, that is far from the truth. Since your vehicle title is used as a collateral, you still have the ability to use your vehicle while borrowing money from the lender. The only time your vehicle will be taken from you is during repossession and that is only if you do not pay off your title loan.