Car Title Loans

An auto title loan is a loan designed to allow the borrower to use the vehicle title as collateral, while the lender must surrender a hard copy in exchange for the loan. Car title lending—or auto title lending in Texas – requires a lien, which is then lifted when the loan is repaid, returning the car title back to its owner, as part of the vehicle title lending process.




Related Articles:

Who are the parties involved in Car Title Loaning?

A car title involves two people: the lender and the borrower. It is a short-term loan where your vehicle title is used as collateral. Often, car title loans are used as a quick way to get your hands on much needed cash in order to pay an immediate bill. This is great if you know how to manage it, but can be terribly expensive if you get yourself into a bad deal. Don't sign a car title loan with any company until you fully understand the deal that you are getting involved in. Read more...

Instances when I need a vehicle's title

A vehicle's title is the single most important document related to your vehicle, and yet, most people never think about it. The title of ownership is required on rare, but important, occasions. You should keep the title in a safe and secure place in your home until it is needed. If you find that you've lost the title, immediately request a copy in Texas by clicking here. Read more...

Are a Car Title and Bill of Sale the same thing?

The simple answer is that a Bill of Sale and Vehicle Title are two completely different documents, with different uses and impacts on owning or purchasing a vehicle. The only thing these two documents do have in common is their importance to the vehicle, particularly when buying or selling. Read more...