Through all of life's little rough patches and financial ups and downs, you might find yourself looking up to close friends and family members to help you pull through. It could be a medical problem, a sudden expense, your car breaking down — something that needs immediate attention. It happens to everyone, but unfortunately, it tends to coincide with the most inconvenient moments.
That's where car title loans in Fort Worth and Terrell become a crucial factor in your success. As long as your name is listed to the title of a land- or water-based motor vehicle, you can trade that title as collateral toward a four- or five-figure loan without any credit checks. Interest rates are kept at an industry-low 10% or less per Texas usury laws, and your title is safe with us until you pay everything off, at which point it returns to you in the same condition that it was handed to us. We don't touch your vehicle during this time.
Unlike some of our competitors, we don't nickle-and-dime you for irrelevant or complicated details about you and your financial situation when getting the ball rolling with title loans in Terrell. All we really need from you is your basic contact information and the model, make and mileage of your vehicle. No, really — that's all we need to know.
Expect to receive a call within 15 minutes from one of our seasoned loan representatives, who will want to talk you through your situation to work out the best lending option going forward. You'll need to provide your identity and a form of evidence for your income, as these are legal steps on our part to confirm that you're legally able to take out title loans in Terrell as well as pay them back. You may still be eligible to take out a loan if you're collecting unemployment or other forms of government benefit.
While you're on the phone with our representative, we encourage you to bring up any inquiries that you may have concerning the risks and inner workings of our loans. We understand that auto loans have received a bad rap over the years due to dishonest lenders who exploit loopholes in the law. Fortunately, Texas has made it difficult for these lenders to continue doing business anymore. Our mission is to make you comfortable with your decision to utilize our services to your benefit.
We're not going to waste your time with the small stuff: These are real laws that really protect your end of the deal when moving forward with title loans in Terrell. Many of the unethical dealers of this lending service have only been allowed to stick around over the years because their clients don't know the law well enough, and while Texas legislature has done a swell job at weeding out the bad guys, we still like to create peace of mind.
Here are the basics to look out for:1. Usury
Title-based loan companies, including ours, are strictly prohibited from assessing APRs that exceed 10% under any circumstances, for any reason — period.2. Repossession
Vehicles can only be seized if the client doesn't refinance or finish off their loan payments within 30 days of the loan payment plan becoming late.3. Licensing
All representatives who create title loans in Terrell must be licensed and educated in the trade.