Title Loans in Seminole, Texas
Auto title loans — sometimes called pink slip loans or car equity loans — are no-credit-check loans that rely on collateral to secure your money, not good credit.
With typical loans, lenders will pull your credit report and do an extensive background check. If you have great credit and a good work history, the lender will trust you and lend you the money. If you don’t have good credit, then forget about it: you won’t get the money.
Vehicle title loans Seminole are different. We understand people make mistakes sometimes. That’s why we found a way around the credit-approval process. We instead hold the title to a vehicle you own outright as security. Then, we loan you an amount of money based on what your vehicle is worth. In many cases, our customers are able to borrow much more money against their vehicles than they could ever qualify for with a traditional bank.
While you pay off your loan, we’ll keep your title. If you ever stopped making your payments and refuse to work with us to get you back on track, we have the right to take possession of your vehicle and sell it. Having this option protects us from clients who default. However, it’s a last-resort step that we try not to take. We’d rather have you as a customer for life than take your car! That’s why we’ll always work with you to get your payments on track.
When you pay off your auto title loan in Seminole, Texas, we’ll return your title to you and close the account. It’s as simple — and easy — as that.
Applying for Seminole Title Loans
First, get a car title loan estimate by filling out our convenient online quote form. We need to know a few things about your car, such as:
We’ll use this information to automatically generate a loan quote based on the value of your car. We will also need your contact information, including:
- your full name
- email address
- phone number
- zip code
We’ll follow up to answer any questions and walk you through the rest of the application. Remember: this is a no-obligation quote. If you’re not ready to commit to title loans Seminole, that’s fine.
When you’re ready to complete the application process, we’ll need:
- a copy of your driver’s license
- proof of income
- proof of address
- the original title
Don’t have your car title handy? That’s okay! If you’ve lost your title, you can easily get a replacement by visiting your local Department of Motor Vehicles (DMV) and applying for a duplicate. Currently, the fee for a duplicate title is $5.45.
Seminole Title Loans Rules and Regulations
Each state has its own laws regarding car title loans and Texas is no exception. To get title loans Lubbock, you must be at least 18 and a legal resident of our great country. The title must be in your name and must be free of liens and judgments. If you owe money on the car, we may not be able to get you a loan.
We can approve car title loans in Texas for boats, motorcycles, RVs and commercial vehicles.
Our Loans Will Help!
When you don’t have good credit, you get used to hearing the word no. At Platinum Lending, we say yes! We don’t care about your credit. We only care about your future! Sure, you can get money from a pawnshop. But pawnshops are only interested in keeping your valuable items, not lending you money. Why do you think their stores are filled with goods? And if you pawn your car, they’re going to keep your car, not just the title! How will you get to work?
Fill out our loan estimate tool today and see how much money you qualify for. We can put the money you need in your hands this afternoon!