What Documents Are Needed For Texas Title Loans?
Unexpected bills, car repairs, or emergency costs can hit when you least expect them. If you're short on time and need fast cash, a Texas title loan can help. But what’s needed for Texas title loans? Let’s walk you through the simple list of documents you’ll need to apply.
At Title and Payday Loans, we’ve made the process simple and quick, even for people with all types of credit.
Basic Documents for Texas Title Loans
The required items for Texas title loans are as follows:
- A state-issued ID
- Your lien-free title
- Proof of income
- The vehicle itself
Let’s go over each requirement in more detail.
1. Valid Identification (State-Issued ID)
Your documents for ID are pretty simple. If you have a car title to put up as collateral, then the odds are you have a driver’s license to go with it. That’s the easiest way to meet this requirement, but if you don’t have one, don’t worry! You can also use your passport, non-driver’s license, military ID, or even student ID.
2. Your Lien-Free Title
Your car’s title is used to secure the loan, which is why it needs to be lien-free. A lien on your title indicates to us that your car is technically owned by another entity until you repay them, rendering it useless as collateral—especially given that our vendors need to place a lien against your car to secure their investment of lending money.
Check your paper or electronic title. On a paper title, you should see a lienholder category filled out with a name if someone has a lien against it. Electronic titles will usually list the lien separately. Either way, you will need to pay the lienholder what you owe them and ask them to remove their claim from the title.
Electronic liens can be removed by the lienholder, but if you have a paper title, then you’ll need to take it, along with the Lien Release Form issued by the lienholder after you pay your debt, and apply for a duplicate title at your local DMV office. Once that’s done, you’re all clear to apply for one of our vendors' loans.
3. Proof of Income for Title Loans in Texas
The last document you will need to take out a loan is proof of income. In some cases, our vendors may ask you to provide your most recent pay stub to confirm your income is sufficient to repay the loan. Once confirmed, you can walk through the rest of the process hassle-free.
4. Bring Your Vehicle for a Quick Inspection
When requesting a title loan using your car title, you must use the vehicle that is listed on the title to secure your emergency cash. You are not required to give up the car, van, or truck you use as collateral, but you will need it for a quick inspection to determine the amount you can borrow, and then you can drive it as you normally would.
How To Apply for a Title Loan in Texas
Getting your loan has never been easier, and because you’re already on titleandpaydayloans.com, you’re one step closer to securing the emergency cash you need!
- Start Online – Fill out the short form on our website.
- Speak With a Rep – We’ll call you to confirm your info and connect you with a licensed vendor.
- Bring Your Docs and Car – Go to the meeting with your ID, title, and car for a quick check.
- Get Approved – If everything checks out, you could get up to $15,000 the same or next day.
When you head to the meeting, be sure to bring along your driver’s license or other ID, lien-free title, and vehicle. In some cases, customers may have to provide proof of income so be sure to bring that as well.
Once the vendor’s representative has confirmed your items and inspected your vehicle, you can finalize the loan agreement for approval. If you are approved, you can receive your money that day or the following business day and still keep your vehicle.
Frequently Asked Questions About Texas Title Loans
Do I Need Good Credit to Get a Title Loan?
No! Unlike traditional loans, a Texas title loan is secured by your vehicle title, so your credit score is not a primary factor.
How Much Can I Borrow with a Texas Title Loan?
Loan amounts depend on your vehicle’s market value and lender policies. Some borrowers qualify for up to $15,000.
Are Texas Title Loans Available for All Vehicles?
Yes, our vendors accept cars, trucks, SUVs, and even motorcycles for title loans in Texas.
Get the Cash You Need Today!
Life can be unpredictable, hitting you with an unplanned expense at the worst possible time. When that happens titleandpaydayloans.com has the resources to connect you with a trusted licensed vendor to get Texas title loans.
The requirements you’ll need include your car, truck, or van, lien-free title, state ID, and, in some cases, proof of income. Pretty simple, right? Our process is stress-free and quick, so if you need urgent cash, fill out the online form and let us connect you with a trusted vendor today!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.
