Online Title Loans
in minutes

Get Your Simple Cash Title Loan Today!

Title Loans in Texas: Full Guide on the Application Process

You might think that you are at a dead end with your financial emergency. Fortunately, there is a loan option that other financial institutions cannot offer.

Title loans can convert the value of your car to CASH. This offer is even available to Texas customers with bad credit.

We will discuss everything you need to know about this loan type.

What Is a Texas Title Loan?

A Texas title loan is a short-term loan option available for Texas residents. Lenders require a car's title to secure this loan as its collateral.

Its term can vary from 13 days to 24 months. A shorter-term car title loan can have lower interest rates.

The loan term is one factor that affects the interest rate. Other factors include credit background and loan amount.

If you apply on a business day, you can get your cash WITHIN the same day. A car title loan is perfect for emergency funding because you can get cash quickly.

Other terms for a car title are vehicle title, auto title, and a pink slip.

Other terms for title loans are car title loans, auto title loans, vehicle title loans, pink slip loans, auto equity loans, and title pawns.

How Do Texas Title Loans Work?

It is easy to get loan approval if you have a qualifying vehicle.

The vehicle title should be under your name. Since the vehicle title is the collateral of a title loan, lenders take hold of car titles until you completely pay your loan.

The equity value of your car is the basis for your loan amount.

To get approval for auto title loans, you should demonstrate ability to repay the loan. In other words, you must prove that you can afford your monthly loan payment.

Your lender may perform a credit check to assess your repayment ability.

The source and stability of your income will matter MORE than your credit history. This is how people with bad credit can secure title loans.

Title loan proceeds are for personal, family, and household purposes only. You cannot use them to service student loans.

As part of your title loan agreement, your lender has the right to take your car in case of a default.

Who Are Title Loans in Texas For?

Title loans are for Texas vehicle owners with urgent financial needs.

They are beneficial for bad credit borrowers. These borrowers often do not have access to traditional loans that banks and other lending institutions offer.

A bad credit score disqualifies a borrower from traditional loans. Title loans accommodate borrowers with bad credit scores.

Auto title loans are also beneficial for borrowers who need quick funding. Auto title loan providers can release funds within 24 hours or ONE business day.

Title loans provide peace of mind for meeting deadlines and paying urgent bills.

What Are the Requirements for a Car Title Loan in Texas?

The main players for a car title loan are you and your car. The required documents for a car title loan also center on these two aspects.

Requirements for You

  • You must be of legal age to secure a car title loan. You must be at least 18 years old. You can provide your driver's license or valid government-issued ID to prove this.
  • You have to be a Texas resident to avail of Texas title loans. Documents you can provide are recent billing statements or lease contracts. Make sure your lender can contact you at the Texas address you provide.
  • You should demonstrate ability to repay the loan. Proof of income you can submit includes your bank statement, pay slips, tax records, business certificates, and other asset records.
  • Online lenders require a bank account. This is for the direct deposit of your cash and the automatic withdrawal of your monthly loan payments.
  • Your lender may also ask for a few personal references to confirm your background information. These references do not have to be Texas residents. You must provide their name, contact information, and relationship with them.

Requirements for Your Car

  • You must have a car to secure a car title loan.
  • You should provide a clear vehicle title since this is your loan's collateral. Your vehicle title shows car details such as the make, model, and year.
  • You must provide a car registration under Texas. Some states do not have title loans. Your car must be registered under your principal state.
  • Lenders may require active vehicle insurance. This protects your car from damages that lessen its value.
  • Your lender can ask for photos of your car. These photos are important for your vehicle assessment and the details found in your vehicle title.

What Are the Steps of a Texas Title Loan?

The steps you have to do to get a Texas title loan are easy. These are:

  1. Inquire and Apply
  2. Submit Requirements
  3. Vehicle Inspection
  4. Loan Approval
  5. Release of Cash

You only have to inquire, apply, and submit requirements. Your lender will do the remaining steps for you. They will inspect your vehicle, approve your loan, and release your cash.

1) Inquire and Apply

Inquire with as many lenders as possible to find the one you are comfortable with. Inquiring with a lender does not immediately mean your commitment to that lender.

You do not have to meet up with a lender physically. You can get started online for a hassle-free transaction. You can also inquire with a lender by phone.

Since vehicle title loans center on you and your vehicle, a lender will ask you for information about these two. A quotation will come from the details you provide.

You can discuss and negotiate with the lender before you apply for a loan.

Once you submit a proper application with your chosen lender, they can provide you with a conditional approval pending review of the required documents you have to submit.

2) Submit Requirements

Submit the required documents that the lender asks to pursue your application.

The documents you provide must show that you are a qualified borrower and that your vehicle, through your vehicle title, is qualified collateral of the title loan.

Documents will include your identification, proof of income, clear vehicle title, vehicle registration, and bank account details.

The main things your lender will look for from the documents you submit are your repayment ability and vehicle details.

Your lender may ask for additional documents to further support your vehicle title loan.

3) Vehicle Inspection

Once you satisfy your lender's requirements, a lender representative will conduct a vehicle inspection. This will consist of how your vehicle is on paper and in actual condition. Its purpose is to estimate the value of your vehicle properly.

Your lender will pick up important details from your vehicle title. These details include the year, make, and model of your vehicle.

The assessment of your vehicle's actual condition will depend on your lender's procedure. Off-site inspection is enough for some, while some require a physical inspection.

  • The off-site inspection will require photos of your vehicle.
  • The physical inspection involves either bringing your vehicle to your lender's office or scheduling a lender representative to visit and see your vehicle.

Both procedures will involve the assessment of the mileage, exterior, interior, engine, modification, and existing damages of your vehicle.

The estimation of the value of your vehicle will translate to your loan amount.

4) Loan Approval

The loan amount and the interest rates of your lender will add up to the cost of your loan.

Your lender will grant you final approval if the cost of your loan matches your ability to repay the loan.

This comes with a loan agreement that records everything in writing. It contains the important credit decisions of your loan, such as its amounts, interest rate charges, payment terms, effectivity, penalties, etc.

Make sure you take your time to read and understand the terms and conditions of your loan before you sign the agreement. It serves as the title loan contract and is therefore binding.

5) Release of Cash

Many title loan lenders can release funds within 24 hours or one business day.

Your lender can release your cash to you in three different ways. You have the option to choose whichever is most convenient for you. You can choose from direct deposit to your bank account, check delivery through the mail, or cash pickup from your lender's office.

Lenders can restrict the use of cash proceeds from a title loan to personal, family, and household purposes only.

Find in your loan agreement this restriction and make sure to use your cash within these limitations to avoid a breach of your contract.

How Much Cash Can I Get From Texas Title Loans?

You can get your cash amount based on your vehicle's equity value and your lender's borrowing percentage.

The overall condition affects the equity value of your vehicle.

Your lender will start with the details found in your car title. Important details are vehicle year, brand, and model.

With this as the starting point, your lender will also inspect your actual vehicle. The overall condition will consist of your vehicle's mileage, deterioration, modification, and current performance.

Your lender has a set borrowing percentage. You can only borrow up to a certain percentage from the estimated value of your vehicle.

The minimum loan amount for a Texas vehicle title loan is usually 25% of the car value. The maximum loan amount can go up to 50% of the same value.

This will be your loan offer. You can borrow all or only a portion of the loan offer. They come with their interest rates and terms.

How Do I Pay Off a Car Title Loan?

You have loan options regarding how you want to settle your car title loan. Repayment terms vary from 13 days to 24 months.

You repay a single-payment title loanwithin 13 days to 30 days. It has a one-time payment. It consists of the total of your loan amount and its interest rate. Interest rates for this type of loan are lower, but you have to make sure that you can repay the entire cost of your loan.

You can repay an installment title loan for up to 24 months. Loan payments are divided equally throughout your loan term. Interest rates are higher, but monthly payments are easier to repay.

Your lender will return your vehicle title to you as soon as you fully repay your loan.

What Things Should I Consider When I Get a Title Loan?

You will have many car title loan options to choose from. Look into these factors as you choose the loan and lender you sign up for.

Interest Rate and Terms

Laws regulate interest rates of title loans to make sure they are competitive. But not all loans are created equal.

Shorter-term loans have lower interest rates. They are more cost-efficient. Longer-term loans have higher interest rates. They are easier to repay.

Good credit borrowers can avail of lower interest rates. Bad credit borrowers may be charged with higher interest rates.

Compare interest rates using their annual percentage. Many lenders publish monthly interest rates that may mislead you to think they are low.


Include in your computation and comparison the fees a lender charges. Title loans generally DO NOT have prepayment penalties and hidden fees.

A prepayment penalty is what a lender charges a borrower when the latter repays the loan ahead of schedule.

Hidden fees may include charges for documents, keys, and origination fees.

Look into the fine print of the terms and conditions of your loans before agreeing to them.

Borrowing Percentage

Generally, you cannot convert the entire value of your vehicle to cash.

Any lender has a fixed borrowing percentage. It is the portion of the value of your vehicle that you can convert to cash.

Compute if the borrowing percentage of your lender can meet how much cash you need to fund your financial needs.

Processing and Payment Options

Look for a lender than can match your needs and schedule. You may prefer online loans for ease or in-person personalization transactions.

Vehicle inspections are required for title loans. Choose a lender that accommodates online inspection if you have little time to spare. Choose a lender that requires a physical inspection if you want a proper vehicle evaluation.

Other Conditions

A lender can have other special conditions. Late and missed payments can have corresponding penalties and sanctions. A title loan lender can pose restrictions on the use of cash proceeds.

Why Should I Get Texas Car Title Loans?

Texas vehicle title loans have the following 3 Fs as advantages over other loans that you can consider:

Fast Cash

The funding time of vehicle title loans is fast. You can get your cash quickly to settle urgent financial matters.

Lenders can release your cash within ONE business day. Getting your cash on the same day as your application process is possible.

Free From Trouble

The application procedures for vehicle title loans is trouble-free. Unlike with other lenders, you do not have to wait through long lines and go through loads of paperwork.

You can complete the entire loan process from start to finish ONLINE. You can also settle your loan through monthly payments that are online and automatic.

For All Credit Types

Car title loans are for all credit types, INCLUDING those with less than perfect credit.

Lenders can provide you with the cash you need if you prove your ability to repay the loan. Your repayment ability is more important than your credit history.

On top of this, full repayment of title loans positively affects your credit history. It can BOOST your credit score.

IMPORTANT NOTE: Vehicle title loans should only be a temporary solution to your financial emergency. Seek credit counseling to help resolve your credit difficulties.

Frequently Asked Questions (FAQs)

Here are the most frequently asked questions about the topic!

Are Car Title Loans in Texas Safe?

Yes, they are.

Car title loans are NOT new loans in Texas. They are legal and adhere to existing laws.

Safe lending laws require lenders to fully disclose your loan agreement for you to understand your loan well. Ensure your lender operates under a valid license for legality and security.

Do I Still Own My Car During an Auto Title Loan?

Yes, of course.

Auto title loans are only title pawns. They are not auto pawns. Lenders will only get your vehicle title and not your vehicle.

You are still the owner of your vehicle. Your lender will only place a lien on your vehicle title during your loan.

You can only lose your car if you fail to pay your title loan.

Are Title Loans Better Done Online or In-Person?

It depends on you.

Online title loans are more convenient. You do not have to leave the comfort of your home to go from one lender to another.

In-person title loans are more personalized. You can discuss options and conditions with your lender easier.

What Are Alternatives to Title Loans in Texas?

There are other non-traditional loans you can consider aside from auto title loans in Texas. Your other loan options include:

  • Personal Loans - They are short-term loans that do not require collateral. Their interest rates are higher because any collateral does not secure them.
  • Payday Loans - A payday loan is also short-term and unsecured. You repay the loan on your next paycheck. It has even higher interest rates than personal loans.

These loans accommodate bad credit borrowers.

It would depend on your chosen loan if you ask how much cash can I get from these loans. Loan amounts can range from $100 to $35,000.


Get started online now.

If you are a Texas resident with bad credit and urgent financial needs, car title loans are the best deal.

Your vehicle title is key to getting the cash you need fast.

Call Us Now

Title Loans in Texas by City



























Need a Title Loan?
We can help.

Let us help you get the money you need. Online title loans are an easy and fast way to get quick cash today.

Skip to content