Title Loans in Midland, Texas
Additional financial assistance may be needed to pay off some of your life expenses. Whether it is for home improvement purposes, a much needed vacation, medical bills or other active monthly payments, title loans in Midland can help you out! Our lenders at Platinum Lending can get you a loan against your car for up to $1,340. These easy to get loans are ideal for everyone regardless of their job, and how much they make. Title loans in Texas are capped at that rate to make sure that everyone who gets this loan can easily pay it off. If you think a title loan is right for you apply now!
How to Get Started
When you apply for title loans in Midland with Platinum Lending, you can call us or apply on our website. Online title loans are also available to you if you do not have the time to contact us during our business hours. Our offices are open seven days a week, and regardless of when you apply, you will get a reply within a day! Our fast approval is another reason we are the ideal lenders to come to. Moreover, we will also get you same day cash.
Our application simply asks you:
- Your name
- Zip code
- Phone number
- Vehicle make, year, model, style and estimated mileage
With the information above, we are able to establish the loan amount that is ideal for you. If you call us after we have closed, we will get back to you the next day with that estimate, the location of the lender in your area, and paperwork you must bring with you:
- Photo ID: Driver’s License or State ID
- Proof of income: Recent pay stubs or up to date bank statements; if you are unemployed you can provide other sources of income statements to the lender
- Proof of residence: Utility bill
- Your vehicle title
One important thing to remember is to also bring your vehicle to the site. Your lender will need to evaluate and inspect your vehicle. There may be other factors that can decrease your loan including the condition of your car and the history behind it. Many people do not know that previous car accidents can depreciate the vehicle’s value.
Title Loan Conditions
Title loans in Midland have a maturity date, which is typically 30 days after you have received the loan. This exact date will be made known to you in your contract. You also have 24 hours after you have received a loan to cancel the contract with your title loan lender. Furthermore, your contract will also include the dates of the payments you must make, how much you need to pay, the interest rate of each payment and any additional charges. Many of our borrowers take advantage of the prepayment policies we have. If you pay off your loan earlier than the date expected, the lender will send you back the title once the payment is received.
If you suspect that you are being taken advantage of or if you have any complaints you want to file against your lender, you will also be given the hotline of the department in charge of overseeing title loans in Texas. You can also visit the Consumer Financial Protection Bureau to submit a complaint on a federal level.
