We currently offer title loans in Amarillo and you may be able to qualify for a fast approval in less than one business day! Car title loans can be a viable option for someone with little to no credit history as all you need is a paid off car with equity. This equity is used as collateral to justify the final loan amount and you can borrow up to 55% of the car’s resale value in Texas!

 

How To Apply For No Hassle Car Title Loans In Amarillo

You have a few options available to you when it comes to getting fast cash title loans from a direct lender in Amarillo. Many people choose to apply entirely online. This means they can do everything from the comfort of their home and finish the loan underwriting and processing within a few hours. Some applicants prefer to apply directly with a local lender in Amarillo, TX.

When you compare title loan options online you can quickly see how much money you could be approved for and the terms of each title loan. We suggest getting quotes from a few different direct lenders to make sure you are getting the best possible deal. By comparing different quotes and estimates you may be able to save a significant amount on the monthly payment or total loan payoff. A reduction of interest rates of even a few digits can save you over the life of the loan!

 

Minimum Requirements For Car Title Loans In Amarillo, TX

The title loan process is pretty simple and there are not many requirements in order to qualify. You have to be the sole owner of the vehicle and the car needs to be paid off in full with no liens or active loans. It’s likely that you will have to present the vehicle for an inspection and the car must be worth at least $1,000 to qualify. Plan on showing additional documents to verify your current insurance policy as well as your active vehicle registration. The car will need updated tags and it needs to be in good working condition. If you do not meet these qualifications, you may not qualify.

Additional requirements for those who apply online can include a request that you verify current employment information such as where you’re working and how much your monthly take home pay is. This is important as the lender needs to ensure you make enough money each month and can afford the minimum required payments. Other title loan companies in Amarillo and all throughout Potter County may ask for additional pictures or video verification of your car to show it’s as described and in good working condition.

 

Auto Title Loan Offers In Amarillo For Customers With Bad Credit

People often ask what the credit requirements are for a title loan in Amarillo. The good news is that you don’t need much to pass the minimal requirements when it comes to your credit. Finance companies know that title loans are often the only option for people with bad credit or no past or recent credit history, so they are willing to work with nearly anyone who owns their car outright and is looking to cash out equity. In fact, many title loan customers in Texas have used secured loans as a way to improve their credit score by paying off the loan on time each month!

If you’ve been turned down for a personal loan or other financing options due to your credit, then you may want to consider using your vehicle’s equity s collateral. These fast cash title loans can give you the money you need without affecting your credit score!

 

Same Day Cash Funding With Amarillo Title Loans

Yes, that’s often not a problem! Car title loans in Amarillo can often be funded on the same day that you apply. The process is simple and can be done 100% online without ever having to leave your home. Some applicants prefer to visit a local title loan office in TX to complete their application, but this isn’t necessary as everything can be done remotely.

If you are approved for a title loan online, you will need to sign the contract and provide additional documents to verify your identity and ownership of the vehicle. Once all of this has been completed, the funds will be deposited into your bank’s checking on the same day! It may take longer if you apply overnight or on a Sunday, but generally, the transfer time is not long at all! It’s that easy to get fast cash from any of the 24 hour title loan places in Amarillo, TX.

 

Can I Keep Driving My Vehicle When I Get An Instant Car Title Loan

Yes, you can keep driving your car when you get online car title loans in Amarillo! The title to your vehicle is used as collateral for the loan, which means that the lender can repossess your car if you fail to make the payments on time. However, as long as you make your payments on time each month, you will be able to keep driving your car while you repay the loan.

If you’re worried about losing your car or being unable to make the payments, then you may want to consider an unsecured personal loan instead. These loans do not require collateral and can often be easier to qualify for if you have bad credit. However, they also tend to have much higher interest rates than title loans.

For those who live in Amarillo and know a title loan is right for them, we invite you to get started with our online application. Premier Title Loans can process your application quickly and we’ll do our best to answer any questions you have along the way. Contact us at 800-259-6279 or get going with our online application form to see how much cash you can get for your vehicle!

 

See if your car qualifies for the highest funding amount with a title loan.