Car Title Loans In Dallas, Texas With Fast Online Approval
Are you looking to borrow $1,000 or more but keep getting turned down because of your poor credit score? Title Pawn Online can now help you cash out equity from your paid-off car or truck, and most customers can qualify with a 2015 or newer vehicle!
Are you worried you won’t be approved because of your recent credit history? Unlike personal loans that require decent credit, you can be approved for a title loan even with a FICO score of less than 600! That’s because your vehicle is the collateral for a title loan, not your credit score!
These loans can be approved and funded in less than 24 hours, and cash is sent directly to your bank account by direct deposit or ACH.
It really is that easy to qualify and get approved and most applicants with proof of income and a lien-free vehicle can breeze through the underwriting process! Title Pawn Online will find you the best lending terms, interest rates, and payoff options for your vehicle equity loan in Dallas.
How Much Can I Get With An Online Title Loan In Dallas
Title loan funding amounts are based on the value of your car or truck, and you can typically borrow 35% to 65% of the vehicle’s resale value in Texas. For instance, a car worth $16,000 should get you approved for a loan of around $8,000. Average loan amounts with title pawns in Dallas are currently $2,000, with more significant amounts for high value cars and SUVs.
The newer your vehicle and the fewer miles it has, the more money you can borrow with a title loan. Many title lenders also offer flexible lending terms and competitive interest rates that could be more favorable than those from an online cash advance company.
Car Title Loans With Bad Credit Are Possible In Dallas, TX!
Don’t worry about applying for car title loans in Dallas with bad credit. Most customers applying with Title Pawn Online have poor credit histories; many have already been turned for a payday loan or cash advance. Instead of focusing on your credit history, a car title loan uses your vehicle’s collateral to secure the loan, and bad credit is not a significant underwriting factor. Your FICO score only becomes an issue if you recently defaulted on a title loan and had the vehicle repossessed or declared bankruptcy within the past few years. In this scenario, you may still get approved, but you’d be limited to a lower loan amount of $2,000 or less.
One thing worth noting about these bad credit title loans in Dallas is that some finance companies will report your monthly payments to the credit bureaus. That means you may be able to raise your credit score as you pay off the title loan!
Interest Rates & Refinancing Options For Vehicle Title Loans In Dallas
Once approved for a title loan, you will be given a lending period and interest rate based on several factors. These factors include the car’s resale value in Texas and how quickly you can repay the loan. Expect an interest rate of at least 50% in Dallas, with some companies in Dallas County offering loans with rates over 100%. Because of the high APR, you should try to pay extra each month to pay down the balance. Or consider paying off the entire loan over the first few months to avoid excessive charges that could make it nearly impossible to get out of the debt.
Are you struggling to pay down the balance on a high interest title loan from another lender in Dallas? At Title Pawn Online, we can reduce the APR on an existing loan with a quick refinance! There’s a good chance we can save you a considerable amount of money if you have an interest rate over 60% on your existing title loan, so contact us today at 888-370-7434 to lower your APR and get a quick payoff term with a title loan refinance!
Apply Now For Car Title Loans In Dallas, Texas
Are you looking for cash from a title loan in Texas for the equity in your car or truck? Assuming the vehicle is fully paid off and the car title is in your possession, getting cash for the pink slip shouldn’t be much of a problem. Lenders in Dallas will let you keep driving the car and hold the car’s title as collateral for the loan. Qualify fast using the hassle free form on Title Pawn Online and get a lending decision in less than 15 minutes. Once approved, it takes less than an hour to have the cash sent by ACH or bank wire to your checking account!
Other Texas Locations:
- Austin
- El Paso
- Fort Worth
- Houston
- San Antonio
