Title Loans FAQ

What is a title loan?

A title loan is a loan using a vehicle title as collateral for that loan. Our sales representative can assist you with detailed information. Title loans are designed as a short-term source for emergency cash and are not meant to be used to address long-term financial problems.

What do I need to qualify for a title loan?

All you need is your vehicle, the clear title, and photo ID.

Do I need a checking account?

No! You do not need a checking account to qualify for a title loan.

I have bad credit. Can I still qualify?

Absolutely! Good credit, bad credit or no credit. For most title loan amounts, any credit is welcome.

Is it necessary to have a driver’s license to get a title loan?

You do not need a driver’s license, but you do need a valid photo ID.

How old do I have to be to get a title loan?

In Texas, you must be at least 18 years of age to qualify for a title loan.

Can I still drive my car? Do I get to keep my car?

Yes! In Texas you keep your car while repaying your title loan.

What is a clear or lien-free car title?

A clear or lien-free car title simply means that you own your car outright, with no outstanding loans or judgments against it. To get a title loan you need to have a clear or lien-free car title.

How much can I borrow?

Your title loan amount depends on the value of your vehicle. The maximum you can obtain is $15,000.

What if my car title is not in my name?

To get a title loan you need to have the vehicle title in your name. You will need to go to the DMV and have the title transferred to your name prior to applying for a loan.

The value of your vehicle is based on the value as stated in a nationally recognized pricing guide, and the condition of the vehicle, as determined by a physical inspection.