Texas Car Title Loans: All Credit Accepted.


Car title loans are similar to other personal loans , the only difference is that they require you to put your car as collateral for the loan. These types of loans have the great benefit that they allow you to access capital regardless of your credit history or immigration status. Although most prefer to obtain credits that do not require collateral, there are many people who can benefit from this type of loan.

Here are some of the most important advantages and disadvantages of texas car title loans:


You can apply for a loan without social security.

You can continue using your car.

How Car Title Loans Work:

When you take out a car title loan you can still continue to use your car normally, as long as you are up to date with your payments. The only danger would be in case you stop paying your loan, there if your vehicle could be in danger. For this reason it is important not to fall behind in your payments or if you are late, contact your lender as soon as possible.

The truth is that lenders do NOT want to have to repossess your car. Many prefer to make payment arrangements with their clients since having to take your car is very expensive for lenders. Lenders also know that by repossessing your car you will not want to work with them again in the future.

The application and approval process varies according to the lender but within all this is what you could expect when applying:

  1. A) Fill out the Application: You can fill out an application through SuperDinero to see if you qualify for a car title loan.
  1. B) Send Documents: After completing the application you will need to send documents to the lender of your car such as:
  • Copy of your driver’s license.
  • Proof of car insurance.
  • Proof of income (no bank account required).
  • A copy of your car title.
  1. C) Wait Response: Once you submit your information, most lenders take about 1 business day. In case of being approved, read the terms of the loan carefully and make sure that you agree with the offer.

Frequently Asked Questions About Auto Title Loans:

If you have a question that is not on this list, do not hesitate to contact us.

  1. Does the car have to be in my name?

Very good question. The car technically does NOT have to be in your name, but the owner of the vehicle would have to be the one signing / applying for the car title loan in order to be processed.

  1. Can it be in all states?

Although there are certain states that do not handle this type of credit (such as NY), most states do have this option. About 46 states can work through this solution. For more information on which states qualify, do not hesitate to call us.

  1. What are the interests?

Interests vary according to the state and company you work with. In our experience, most auto title loans end up paying as little as $ 2 for every $ 1 you borrow.

  1. Do I need to be employed?

NO! The only requirement they have is that you have some type of monthly income (retirement or benefits) to be able to repay the loan.

  1. If I pay, will my car be taken away from me?

Technically, you do stop paying, if your car would be taken away from you. But the truth is, lenders do not want to have to come to that, since repossessing a car is very expensive and is not a profit for them. Most lenders would prefer to make a payment agreement with you, before having to take your car from you. But in theory they could if you stop paying.

  1. Can I apply if I don’t have an SSN?

Of course! That’s one of the great benefits of auto title loans. Even if you don’t have an SSN, you can access capital as long as you own a qualifying car.

  1. Can I apply if I have bad credit?

Of course! One of the great advantages of car title loans is that your credit history is hardly important. If you prefer to first opt ​​for an option that does not require collateral, you can explore other bad credit personal loan options .

Other Credit Resources:

For personal loans we recommend you always check with the CFPB (Consumer Financial Protection Bureau) and FCC (Federal Communications Commission) .

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