Find Out if You Can Acquire Online Car Title Loans in Texas!

If you’re a resident of Texas, you could benefit from a quick loan option- and you don’t need to drive anywhere to apply.¹ You no longer have to raise funds online or borrow money to make ends meet. With an auto title loan, you could have the chance to obtain cash through a flexible approval process like no other.¹ 

It’s often challenging to acquire emergency funding from many traditional loans because of their difficult requirements. But by using your vehicle title as collateral, you could secure money through a title loan!¹ Even if you aren’t happy with where your credit is at, title loan lenders focus primarily on two other factors more during the approval process. Instead, lenders primarily focus on the positive equity in your car and your ability to pay off a car title loan-although your credit history will still be considered. 

In addition to an easy approval process, borrowers could reap the benefits of a title loan, including a chance to obtain quick funding.¹ When you qualify for a ChoiceCash title loan, you could receive money as soon as the next business day!¹ That can be a huge benefit if you are stuck in a financial emergency.

Texas residents wouldn’t need to leave their homes to get a car title loan. With a ChoiceCash title loan serviced by LoanMart, you could inquire online from your smartphone or computer!¹ You could complete the steps of the loan process, such as submitting your inquiry and sending in documents, through the online portal.¹ That could save you so much time!¹ It might only take a few minutes to get through the inquiry form and receive approval.¹ 

Are you ready to find out if you can get the quick funding you need to repay your expenses?¹ Take advantage of a quick and straightforward approval process when you inquire about ChoiceCash title loans!¹ Go online or call a ChoiceCash title loan representative at 855-914-2945 to find out what you need to obtain a loan in Texas. 

How Do Online Auto Title Loans in Texas Work?

Texas title loans are an alternative financial resource that lets people borrow off the available equity in their car. Then, they can turn around and use the cash to manage financial emergencies. By using a Texas vehicle title as collateral, borrowers could quickly secure their loan if they meet the right requirements and criteria.1 But collateral goes both ways, as it assures car title loan lenders that borrowers will repay the loan. 

Because of the use of collateral, people from different financial backgrounds and credit histories could be eligible for a title loan.¹ Be aware that lenders will place themselves as lienholders on your car’s title until you have paid off the loan. Once you have met your monthly payments, the lender will remove the lien, making your title clear! 

A person’s ability to repay online title loans is another essential element in the eligibility process. If you’re worried about needing a specific income level, don’t stress! You do not need a particular occupation to apply for a title loan.¹ Borrowers could also qualify without having a 9-5 job if they show an approved, alternative form of income during the inquiry process. ¹ Pay stubs, retirement income, or even bank statements are examples of what you could use to satisfy that income requirement.

Keep in mind that a few things will happen if you fail to repay your loan proceeds. Title loan lenders will use the equity in your vehicle to replace the loan amount they lost by selling it for its worth.  It’s important to be on top of your monthly installments to avoid the consequence of a lender repossessing your car. However, most auto title loan lenders prefer not to go through the hassle of repossessing your vehicle. Make sure to remain in communication with your lender if you are facing financial trouble while repaying your loan. 

If you’re looking to obtain a considerable loan amount, you must have a vehicle with a high-value rate and the income to support that loan.¹ But, how can you know if you have the right amount of equity to qualify for the total you want? Luckily, there is an online calculator tool available for ChoiceCash title loan borrowers to quickly find an estimate with a quote, free of obligation!¹ You would only have to input the following details from your car to use it:

  • The Make or Model of Your Car
  • The Year a Manufacturer Released Your Vehicle
  • The Current Condition of Your Car
  • The Style of Your Vehicle
  • The Current Mileage Listed on Your Car’s Odometer Reading
  • Any Modifications or Alterations Done to Your Vehicle

Find out if your vehicle’s equity is enough to get the title loan amount you need by contacting a ChoiceCash title loan representative. If you have any questions or concerns about the eligibility process, let a ChoiceCash title loan agent break it down for you!

texas flag

What are the Required Documents for a Texas Title Loan?

The second step in the approval process for online title loans is for you to submit a few documents. These documents are required to verify your information and vehicle ownership. Although it sounds daunting, you may already have these documents handy! You would only have to look around your house to find them all! Once you have found all your documents, you can stay right where you are. You can send them directly to a ChoiceCash title loan agent online without traveling anywhere!¹

Ask a ChoiceCash title loan representative if you need to send additional paperwork that is specific to the Lone Star State. Yet, you can anticipate submitting the following documentation when you inquire about ChoiceCash car title loans: 

  • A Qualifying Vehicle Title: Borrowers must have a car title in their name to qualify for funding in Texas. But if you share a name on the title, you could still get through the eligibility process!¹ Speak with a ChoiceCash title loan representative to learn how that’s possible. Don’t worry if your title is not in your name, though; you could always request a title transfer to obtain a new copy. If you misplaced or lost your vehicle title, a ChoiceCash title loan representative could help you find out how to request a transfer or replace it with a new one at your local DMV. 
  • Proof of Income: As you may have read previously, you can use different forms of income to demonstrate your ability to repay a loan. Some other examples include retirement income, Social Security/Supplemental Security Income, pension income, worker’s compensation, settlement income, or even a letter of employment from your employer.
  • Proof of Government-Issued Identification: To prove your identity to a ChoiceCash car title loan agent, you must present a valid, government-issued photo ID card. You could use your passport, driver’s license, or other certified state identification cards. 
  • Proof of Texas Residency: You must prove to a ChoiceCash title loan representative that you live in Texas. Thankfully, there are some documents you could use to validate that, such as lease agreements, phone bills, recent credit card statements, utility bills, mortgage statements, mail, etc.
  • References: A ChoiceCash title loan agent may ask you to provide references. They could either be professional, personal, or both. 

You may also have to take clear and visible pictures of your vehicle so a ChoiceCash title loan representative can verify its condition. Borrowers would only need to take photos of their car’s front, back, driver’s side door, passenger-side door, odometer reading, and Vehicle Identification Number(VIN #). Once you have them ready, you could scan the images and send them directly to a ChoiceCash title loan agent.¹ Or, simply email them with your smartphone!

Can Borrowers with Bad Credit Get Title Loans in Texas?

Credit is often the deciding factor that many lenders use to qualify or disqualify applicants. Lenders typically see people with bad credit as undesirable borrowers and usually disqualify them for unsecured loans. Even if some loan options allow people with poor credit to borrow money, you may end up in a cycle of debt from all the hidden fees and high-interest rates.

Fortunately, people with low credit scores could still obtain title loans in Texas!¹ Since you use collateral to secure the cash, don’t stress about your credit- although it will be considered during the approval process.¹ Title loan lenders instead focus on these two components during the inquiry process for an auto title loan:

  1. The Value of Your Collateral
  2. A Borrower’s Ability to Pay Off Online Title Loans

However, a lender may consider checking your credit history before approving your loan. If you decide to proceed with the loan agreement, you will enter what is known as a hard inquiry check. Although it could take off a few points from your credit score, it could heal with time and effort. But don’t worry, as it may not affect your chances of getting a car title loan in Texas!¹ With a ChoiceCash title loan, qualified borrowers can access competitive interest rates. 1

How Much Cash Could You Obtain Through Texas Title Loans?

In Texas, you can use a car title loan to access the funds you need. Be aware that with most title loans, the average amount you could borrow is typically up to 50% of your vehicle’s value, which means you could earn anywhere from $1,000-$10,000!¹ But you may still ask yourself- “How much cash can I get when I choose to apply for one?” The answer to that question is that the cash total you’d receive depends on your vehicle’s equity and income level.¹

Don’t forget that those factors are essential to obtaining a significant loan! The more equity your car has, the more money you could potentially acquire!¹ However, that’s only possible if you have the income to support that amount.¹ So if you want enough cash to alleviate your financial situation, maintain your car in good condition. Remember to use the online calculator tool to see if the equity in your vehicle is sufficient to justify your desired loan amount!¹

Go online to inquire about ChoiceCash car title loans today. You may receive the money you need in as little as 24 hours if you qualify!¹

What are the Benefits of Getting Auto Title Loans in Texas?

A title loan could offer several perks that would enhance your loan experience.¹ But when you inquire about ChoiceCash title loans serviced by LoanMart, you could enjoy exclusive perks

Speak to a ChoiceCash title loan representative to learn more about each benefit listed here:

  • No-In Person Car Inspection Required
  • No Hidden Fees or Prepayment Penalties
  • Convenient and Flexible Online Title Loan Process¹
  • Exceptional Customer Service
  • An Online Portal to Keep Track of Your Loan Balance
  • Keep Your Keys During the Repayment Process

Find out if you can reap the benefits of an auto title loan by starting the inquiry process today!1

Where Can People Apply for Title Loans in Texas?

Getting car title loans in Texas could be very easy!¹ You could simply do everything at home and only take a few minutes to get through the approval process.¹ Just follow these three basic steps to obtain quick funding if you qualify¹:

Call or Click:

Inquire about auto title loans in Texas by submitting a short preapproval form online or call a ChoiceCash title loan representative at 855-914-2945. ChoiceCash title loan agents are available six days a week for extended hours to assist you with any questions you may have. 

Send Your Required Documents 

Remind yourself that if you are preapproved, you would need to submit some documents to a ChoiceCash title loan agent. If you send everything online, you could quickly move on to the final step in the loan process: funding time!¹

Collect Your Title Loan Funds!¹

Once you get through the procedure, you’d finally be able to get the money you need for your financial emergency!¹ You can choose between a direct deposit to your bank account, a check sent in the mail, or if you like doing things in person, you can pick up your funds at any participating money transfer location nearby!

Get Your Funds in as Little as One Business Day with a ChoiceCash Title Loan!

Why wait to apply if you need quick funding through a Texas title loan? Retrieving your money could be as simple as waiting one business day with a ChoiceCash title loan serviced by LoanMart.¹ Get started today by going online or dialing 855-914-2945 to talk directly to a ChoiceCash title loan representative.