Title Loans in Camp Swift Are the Fastest Way to Get Money
Camp Swift may be small, but it has a rich history going back to the days when it was a training base for the U.S. Army. The one thing it doesn't have are many quick ways for residents to make a buck in a hurry. Fortunately, title loans Killeen make that possible for those in Camp Swift and the surrounding area. One of the best things about title loans in Camp Swift is that you can often get one within an hour of applying, leaving you plenty of time to get your loan and still head out for a day at Lake Bastrop.
You decide how you use your title loan, as there aren't any restrictions put in place by the lender. People often use their title loans to pay for car repairs, home repairs, hospital bills and other common financial emergencies, but you could also use yours for other purposes, such as launching a business. Where the money goes is completely your decision.
Applying Online for Title Loans in Camp Swift
As quick as the actual application process for a title loan is, you still need to find the title loan company. Loan Cheetah can help you with that, as we allow you to apply for title loans online. All you need to do is provide some basic information, starting with these details about your car:
- Estimated mileage
The only other info we need after that is this basic contact info:
- Your full name
- Your cell phone number
- Your ZIP code
- Your email address
If it sounds easy, that's because it is. Not only can we get you preapproved for a title loan and calculate a title loan estimate, but we'll also locate one of our local lenders offering title loans in Camp Swift. One of our helpful Loan Cheetah reps will get in touch with you to provide that lender information and answer any questions you may have.
How Title Loans Work in Texas
A title loan is one type of secured loan, and a secured loan is a loan with collateral on it. Your car serves as the loan's collateral, but don't worry about not having your wheels, because you get to keep your car while you pay back what you borrowed. The lender will have your car title, and after the loan is repaid, the title is returned to you.
Title loan regulations are primarily done by the states. In Texas, title loans can have a maximum interest rate of 10 percent, although there are sometimes extra fees. There isn't any amount limit, which means you could borrow hundreds or thousands of dollars, depending on how much your car is worth and how much you need.
Simple, Flexible Repayment
Here's another helpful aspect of title loans - they're flexible when it comes to the repayment terms. A title loan will usually have a 30-day term, and you can simply pay what you owe on the due date. But if you don't quite have enough, that's not a problem. You can pay any interest and fees instead, which extends your loan out to a brand new term.
Your new term has the unpaid loan principal, and it results in new interest and fees, but paying a bit extra beats having your car repossessed. Since Texas has a limit of 180 days on all title loans, you can extend your loan until you reach that mark, and then you need to pay it off.