Title Loans in San Antonio, TX
If you are facing a few expensive bills or a seemingly endless stream of smaller bills, you may be anxious to find a financial solution to your problem. Some people do not need money to pay bills, and instead, they need money to replace damaged appliances, to travel to see a sick relative or to accomplish other goals.
Regardless of why you need extra money today, you may seemingly be turning over all stones desperately looking for a financial solution that works for your situation.
A smart idea that may have not yet crossed your mind is to use the equity in your vehicle to address your current financial needs. When you apply for title loans in San Antonio through our company, you can potentially have access to cash within a couple of days or less.
What Are Title Loans in San Antonio, TX?
One of the more common questions that people have about an online title loans in Texas relates to what they are. When you hear the term car title loan, you may immediately think about the car loan that you took out when you originally bought your car.
Both a regular car loan and an auto title loan use your car as a collateral source, but the similarities between these two types of financing ends there.
A San Antonio, TX car title loan is used to finance a vehicle that you already own. It is collateralized by the equity in your car, so you ideally will not have an existing car loan on your vehicle. Another important difference is the length of the loan. With your original car loan, you may have set up monthly payments that were due regularly for several years.
With a title loan, there is one payment due within a couple of weeks. If you want to avoid taking out long-term debt, a title loan against your car makes excellent sense.
Are Title Loans in San Antonio, Texas Legal?
Anytime you come across a financial resource that you are unfamiliar with, it is smart to examine the legality of it and any regulations surrounding it. State law requires us to only lend to individuals who are at least 18 years old. We also must verify that you own the vehicle that is being used as collateral.
The state also has finance laws regarding the maximum fees and the highest rate a lender may charge, and these are rules that we actively comply with. When these requirements are met, our car title loans in San Antonio are legal.
What Should You Expect From the Loan Process?
Many of our valued clients who are ready to apply for new title loans in San Antonio, TX are already stressed about their lack of funds. We understand that spending hours filling out a complicated loan application and waiting weeks for a response is not reasonable given your situation.
We have prepared a short loan application that requires a few minutes of focused attention. Rest assured that we pay minimal attention to credit scores, and our primary focus for approval consideration is on the car that you are pledging as loan collateral.
Applying for a new title loan today is an intelligent option to consider if you urgently need cash and have equity available in your vehicle. With our title loans in San Antonio, there are no restrictions on the use of funds.
You can apply online today and use the title loan calculator, and you may see funds in your account within the next one to two days. Use the money as desired to get our of your jam or even to blow off steam, and plan to make the loan payment to us within a few weeks.