You may have heard the old saying that when hard times come, you just have to bear down and endure them. While you may have to sacrifice a little fun time to get by, you don't have to completely cut yourself off from it. When holidays such as Halloween, Thanksgiving and Christmas come around, you can still stay festive if you opt to use title loans in Friendswood, TX. With these kinds of loans, you can buy decorations for your home, goodies to give out to children, and even tasty meals to celebrate the occasion with. But what exactly are these kinds of loans?
Vehicle title loans in Friendswood, TX are possible if you own a vehicle without any payments due on it, and they have few restrictions on what you can do with them. What happens is your vehicle is inspected and appraised by one of our lenders, and depending on it's current value, you can expect to get a loan of anywhere between a few hundred to a few thousand dollars. The lender will then take your title until the loan is repaid, but you'll be able to take your vehicle with you when you leave. But there are many other reasons that vehicle title loans are great options to pay for holiday celebrations.
The normal procedures for purchasing large property such as vehicles or housing is to have your credit checked with the credit bureaus to determine your eligibility or risk. But with vehicle title loans in Friendswood, TX, we don't do that because your vehicle makes them secure. Generally secured loans don't need large credit reports, but you will still be expected to have income so the lender knows you can pay them back. Car title loans are some of the highest value secured loans you can get.
The vehicle title is the most important document you must have along with a photo ID in order to be eligible for vehicle title loans in Friendswood, TX. You'll receive it from the Texas DMV when you register your vehicle, though on occasion a lienholder might have it. If that's the case, you'll need to make sure you don't owe any money on the vehicle, have them sign it over to you, and then have the DMV clear it. There usually is a small fee for this, but once it's complete, you can use the title to take out a loan.
Before you take your vehicle and documents to the lender, we can give you an idea for how much your vehicle title loan will be. All you have to do is fill in your vehicle's basic information which includes the make, model, mileage and year. Once you've done that, you'll also give us your contact details so we can pair you up with one of our car title loans in Houston lenders who's close to you. Once you've taken care of the paperwork with them, you'll usually have your title loan money the same day.