Title Loans in Schertz, Texas
Title loans in Schertz, Texas are quickly becoming a popular option for people to receive fast cash. The increase in interest surrounding online title loans can mainly be attributed to how minimal the requirements are and how simple and quick the entire title loan process is. Arguably, title loans Schertz are the best option for those who need to fund an unforeseen emergency right away.
Nevertheless, a lot of questions surrounding Schertz title loans persist. Fortunately, for those who are interested, we are ready to help and answer all your title loan queries.
The basics of title loans in Schertz?
A title loan is a type of loan wherein an individual can borrow money with their car or motorcycle as collateral. The borrower is required to surrender the original title of the vehicle in order to get the amount he intends to borrow. Once the loan and applicable fees have been paid in full, the documents are returned to the borrower.
What do I need to qualify for a Schertz title loan?
Requirements in taking out title loans vary from state to state. In Texas, borrowers have to be at least 18 years old in order to be qualified for a Schertz title loan. They must have any state issued I.D. and the lien-free title to the vehicle they are trying to loan with. Lien-free means that the borrower outright owns the vehicle. He or she should not have any outstanding balances on the car or motorcycle. The actual vehicle is also needed to qualify for title loans Schertz. During the application process, the vehicle is inspected in order to determine its value.
My credit score is embarrassingly low. Can I take out a title loan?
Absolutely! Title loans Schertz, Texas accept borrowers with all types of credit history. We understand your need and we are determined to help!
How much do I get to borrow?
The amount that you can borrow is dependent on several factors. We want to know how much you need to loan. We also want to make sure that you have the means or the income to pay back the amount that you borrowed. This however doesn’t mean that you have to be presently employed. So long as you have a stream of income, you are qualified. Lastly, the amount you can borrow depends on the value of your vehicle. During the application, your car and motorcycle will be evaluated based on the industry recognized pricing scale.
Do I get to keep my car?
One of the best things about a title loan in San Antonio is the fact that you get to take out a loan while still being able to use your car. All you need to surrender is the title of your vehicle. You get the amount you need AND you still get to drive your motorcycle or car – that’s what you call win-win!
How long does the process take?
We are determined to provide you with the best possible loaning experience. Unlike loan transactions with banks that can take weeks if not months, the entire title loans Texas process takes less than a day. All you need to do is bring the necessary requirements and your vehicle to our nearest location, fill out an application and receive a car title loan estimate, have your vehicle evaluated and drive off in your own car with your loaned money.
Likewise, repayment is just as convenient. Upon application, payment dates and venues are set in order to help make the process of paying back the loan even easier for you!
Quick and hassle-free! Contact us now to learn more about our title loan service. We want to help, reach out to us today!