Title Loans Amarillo, Texas from Loan Cheetah
Personal loans may be hard to come by, especially if you do not have the required credit to apply. Most lending institutions need a minimum of 650 to even consider you for a loan, and even then, the loan’s annual percentage rates may be too high for you to afford. To seek a personal loan, do not hesitate about getting a title loan in Amarillo! Most individuals use these loans to pay off their rent, utilities and/or other necessary monthly expenses. You can seek up to $1,340 in Texas with your car title. Apply now!
The First Steps to Apply for a Title Loan in Amarillo
You must have a title to apply for a loan. Titles are given to those who have paid off their vehicle, whether you have bought it from a private seller or a dealership. Next, you have to meet the age requirement of 18 years old or older. After you have established both, you can apply for a title loan online for free. The form will require you to submit information about your car, which are typically the year, style, model, mileage and make. You are also required to provide a contact number for our loan agents to communicate with you. Our agents are highly-trained in information about title loans in Texas and can address any concerns you may have. An added service they give is matching you up with a title loan lender closest to you! Depending on the title loan lender, you may be required to bring:
- Photo ID (Government-issued: Driver’s License, Passport, State ID)
- Proof of income (pay stubs, bank statements, disability/unemployment)
- Auto title
Potter County Registration and Titling can help you in getting your title or transferring your title at:
Address: 900 S. Polk, Amarillo, TX 79101
Mailing: P.O. Box 2289, Amarillo, TX 79105
Phone: (806) 342-2630
Legal Obligations of Both Parties
Title loan lenders must operate lawfully when participating in these loan transactions. They have to clearly identify the terms of the contract which can include identifying the interest rate on payments and when they are due. They must also provide a complaint hotline for the consumer if they have any legal troubles with the title loan lender. You can also file a complaint to the Consumer Financial Protection Bureau, or local police department.
As a consumer, you are obligated and responsible for any payments necessary to pay this loan off. Late or missed payments are not tolerated by some title loan lenders, and they may notify you of repossession in the event that this happens. Vehicle repossession must be conducted safely and securely. No repossession agent, or title loan lender can use acts of violence or force to obtain the car. They must provide the consumer defaulting the loan with a safe meeting place and time to surrender their car. You are allowed to take all of your belongings from the vehicle. On the contrary, you may not damage your vehicle with intent to lower the value of it. In most cases, the title loan lender will offer you an opportunity to get your car back. If you do not have the means to do so, they may choose to sell the vehicle to make up for the balance of your loan. You can also choose to refinance your title loan with us. If you have previously entered a loan contract with another lender, we will pay it off for you and offer you another loan that will be easier for you to pay off. You may also file for bankruptcy to avoid repossession.