Auto Title Loans In Willis, TX
Depending on your health needs, the size of your family, being an employee or a business owner, you may have to upgrade to a better health insurance plan if your current plan doesn't offer enough coverage for your needs. Health insurance has gotten more expensive in many states, and sometimes switching doctors can also add additional costs. But if you need a little help to get a new health insurance plan, there are loans that can help you out including auto title Loans in Willis, TX or the surrounding Houston area.
So what are auto title loans and why choose them over other personal loans? Our auto title loans in Willis, TX are administered independently from banks and don't come with all the tight regulations that bank business or personal loans come with. In fact, title loans in Texas have some of the fewest regulations of all title loan states in the US. But the way they work is by holding a vehicle as collateral and giving the borrower cash based on the vehicle's equity. But the title loan company allows the borrower to continue driving the vehicle because the borrower signs the title over to them and has it returned once the loan is paid off. But the borrower is free to purchase anything with the loan including health insurance.
The Term Limits For Auto Title Loans In Willis, TX
While you can use auto title loans in Willis, TX to purchase anything, you should keep in mind that they usually need to be repaid in full within 30 days. Exceptions can be made for this depending on your monthly income amount, how much you've repaid within the term or if any key circumstances have changed in this time. If you need to restructure your payments for a title loan, lenders can usually refinance it with a new title loan that may allow you to lower your payment amounts each payment period.
The Credit Requirements For Auto Title Loans In Willis, TX
One of the most dreaded moments you might have when applying for a loan, job, or apartment might be when the company does a credit check on you. You'll be relieved to know that there is no credit check when you apply for auto title loans in Willis, TX because they are secured loans. But you might still ask the question "do title loans go on your credit report?" It all depends on the lenders' terms, but generally they do not report to the credit bureaus unless you default on the loan. But even then, they may not always report auto title loans on your credit.
What Else You Need To Know About Our Title Loans
We're with you every step of the way when you apply for Houston car title loans, and your trip to one of our title loan stores near you usually will be in and out in less than an hour if you've used our online application. Our auto title loan agents need to inspect your vehicle to confirm it qualifies for the loan amount you applied for, and while their doing this, you can take care of the final paperwork. You will need to have the following documents with you as well:
- Government photo ID with your age (must be at least 18) and Texas physical address
- Your original vehicle title showing you are the owner and have no liens on the vehicle
- A document with your income listed on it, or reflecting what you earn within a month
Once you've shown these documents and signed your paperwork, you'll usually find out instantly if you're approved. If you are, your funds will arrive a little later either the same day or by the next.