ChoiceCash Title Loans in Texas
Texas is a state with a long and proud history, as well as an abundance of culture. It is a state many people are proud to call home. However, like any other state, residents might run into some unexpected financial emergencies that require funding right away. This is where a ChoiceCash Title Loan serviced by LoanMart could come in handy.
Just What is a ChoiceCash Title Loan Serviced by LoanMart in Texas?
A ChoiceCash Title Loan is a type of title loan that was created to be as helpful and accessible to as many different people as possible. Eligible Texas borrowers are able to use the equity in their vehicle to gain access to the funds they need by offering up their vehicle title as collateral.
How You Can Get a ChoiceCash Title Loan in Texas
The process of acquiring a ChoiceCash Title Loan serviced by LoanMart in Texas is actually pretty quick, simple, and easy. In fact, you could be done with the inquiry process in just a few minutes1. This can be largely attributed to the way in which these special loans are designed.
Here are the three quick, easy, and convenient steps you need to take to apply for a ChoiceCash Title Loan serviced by LoanMart in Texas:
To get the ball rolling toward receiving funding with a ChoiceCash Title Loan, you will need to fill out a short, easy application. This form will ask you to provide some basic information about yourself and the vehicle you would like to use for the loan.
2. Find Out About Your Eligibility
After you have filled out and sent in the application, you will find out almost immediately whether or not you are approved. If you have been approved, a loan agent will shortly be in contact with you. From there, they will discuss the amount of money you are eligible for with a ChoiceCash Title Loan.
If you decide that going forward with a ChoiceCash Title Loan is what you want to do, then you will be required to send in documents verifying your identity, your vehicle details, and your current financial situation.
3. Get Your Funds
After you have sent in the necessary documents and everything seems to be in order, you can then decide how you would like to go about obtaining your funds. This can happen through an in-person pickup, direct deposit into your bank account, or through a mailed check.
If at any point you become puzzled about any of the steps in this process or have any questions to ask, a ChoiceCash Title Loan agent could help you out. You can talk to a knowledgeable and helpful loan agent by calling toll-free at 1 (844) 237-5530.
Useful Information on ChoiceCash Title Loans in the State of Texas
If you are unsure about whether a ChoiceCash Title Loan serviced by LoanMart is the right decision for you, that is understandable. It is best that you have all the information you need to make an educated choice first.
To help Texas residents in the decision-making process, here is more information on how to apply for a great reduced rate loan, as well as the answers to many frequently asked questions:
- Why You Should Go with a ChoiceCash Title Loan for Your Lending Needs in Texas
- ChoiceCash Title Loans Are One of the Best Options for Funding in Texas
- What Makes ChoiceCash Title Loans Better Than Other Title Loans?
- Is My Credit a Significant Part of the Equation for Approval?
- Will I Be Able to Keep Driving My Car with a ChoiceCash Title Loan?
- How to Earn the Benefits of a ChoiceCash Title Loan?
- How Can I Use the Funds from a ChoiceCash Title Loan?
- Will My Information Remain Private When I Apply for a ChoiceCash Title Loan?
- How Does Repayment with ChoiceCash Title Loans Work?
- What Will Happen if I Struggle to Pay Back My ChoiceCash Title Loan?
- What Will Happen if I Default on a ChoiceCash Title Loan?
- How Do I Regain My Title?
Why You Should Go with a ChoiceCash Title Loan for Your Lending Needs in Texas
The list of reasons for choosing a ChoiceCash Title Loan for your lending needs in Texas is seemingly endless, but here are some of the best ones:
- 100% Transparency and Honesty Throughout the Process
- The Inquiry Process is Quick, Simple, and Convenient1
- Lending with Compassion
- Interest Payments That Are Competitive
- Outstanding Customer Service
- Years of Experience and Knowledge in the Lending Industry
ChoiceCash Title Loans Are One of the Best Options for Funding in Texas
There is no shortage of title loan options available to Texas residents. Anyone in need of emergency funds can easily find a way to get the funding they need when they need it most. But what makes ChoiceCash Title Loans stand out from the crowd?
There are several reasons, which include (but are not limited to):
One of the top aspects of ChoiceCash Title Loans that set them apart from the competition is the fact that eligible borrowers have the potential to earn some considerable rewards.
One of these rewards could be a low loan payment that gets progressively lower month to month2! By the time you have completed repayment of your loan, the monthly payment could be half of what you initially paid at the beginning2!
Furthermore, an additional reward that Texans could be eligible for is the ability to apply for additional funding at the lowered interest rate!
Whether you happen to be inquiring about a ChoiceCash Title Loan, are in the process of paying back a loan, or are getting the title for your vehicle back, convenience is what customers can expect throughout the entire experience.
When Texans want to take out a ChoiceCash Title Loan, they could be offered some highly competitive interest rates right from the get-go.
This is incredibly important because when investigating title loan terms, paying attention to the interest rates can make all the difference in the world. It could mean the difference between getting a good lending deal and struggling to make monthly payments.
When you obtain a ChoiceCash Title Loan, you can expect that there will be no hidden fees. For example, when borrowers get to the end of the repayment of a loan, dishonest title loan companies will tack on huge fees, known as balloon payments.
ChoiceCash Title Loans will not penalize borrowers for being diligent and paying back their loan early by charging even more money!
Many title loan companies tend to be rigid and inflexible when it comes to their terms or dealing with customers. When borrowing a ChoiceCash Title Loan in Texas however, this is not the case!
These loans are meant to help as many people as possible. With ChoiceCash Title Loans, flexibility will be extended to the customer from first contact until repayment when everything is completely wrapped up and finished!
What Makes ChoiceCash Title Loans Better Than Other Title Loans?
ChoiceCash Title Loans are Flexible
The terms with a ChoiceCash Title Loan are made to have flexibility that is nearly unmatched by any other lending company. When choosing ChoiceCash Title Loans in Texas, you can expect flexibility from the application to repayment.
ChoiceCash Title Loans Are Very Accessible
ChoiceCash Title Loans are special in that they were created to help serve as many people as possible. Because of this, ChoiceCash Title Loans could be provided to people with all kinds of backgrounds and credit histories.
Furthermore, there is a much wider variety of vehicle types that are accepted with ChoiceCash Title Loans. Eligibility could even include models of cars that are classic or antique.
You May Be Able to Get Something in Return for Borrowing
More often than not, getting a loan can seem like a single-sided deal. You borrow money, and then the lender gradually gets it back from you, plus interest. However, ChoiceCash Title Loans are made to work differently.
For those who continuously make steady, timely payments each and every month, there is the chance to earn huge rewards in the form of low monthly payments that could only get lower each month2!
Is My Credit a Significant Part of the Equation for Approval?
Oftentimes lenders will use a potential borrower’s credit as one of the key factors that goes into determining whether they will be deemed eligible for a loan. However, this is not the case with ChoiceCash Title Loans. Even those with bad or no credit could still be approved for a one of a kind ChoiceCash Title Loan.
The reason for this is because the vehicle being offered would be the asset involved in the loan.
Though a credit check is done during the inquiry process, it is to make sure that you are not currently going through bankruptcy or credit counseling, as well as to check for any past bankruptcy.
That being said, here are a couple major things that go into determining whether or not a Texas resident will be approved for a ChoiceCash Title Loan:
Your Ability to Repay a Loan
One of the main determining factors that will be considered over your credit score is your current ability to pay back a loan. This includes income you get from a job or other sources that provide reliable and consistent income.
You need to be able to show that you will have no problem repaying what you owe on time each month. Fortunately, there are all sorts of income variations that could be deemed eligible for a ChoiceCash Title Loan in Texas!
Furthermore, your monthly bills, expenses, and the amount of debt you have taken on are considered as well. This is to get a comprehensive overall look at someone’s financial situation.
The Value of Your Vehicle
One of the most important factors in determining a Texas borrower’s eligibility for a ChoiceCash Title Loan is the amount of equity in the vehicle. This will also be a large determining factor in deciding how much the loan would be for if you are eligible.
Will I Be Able to Keep Driving My Car with a ChoiceCash Title Loan?
You absolutely can! When you take out a ChoiceCash Title Loan, you can keep driving your vehicle while you make convenient monthly payments!
The reason is because the car title will have a lien on it from the lender. A lien is added onto a vehicle’s title when there is an additional owner involved. The lien is then removed once the loan is fully paid back.
How to Earn the Benefits of a ChoiceCash Title Loan?
There are some absolutely fantastic rewards that Texas residents could be able to take advantage of when they choose a ChoiceCash Title Loan.
These rewards could include:
- The opportunity to borrow more money with a decreased interest rate1
- Low monthly payments that could get lower each month2
In order for a Texas resident to qualify for the aforementioned rewards, they must have an excellent history of repayment.
The following details are considered by a ChoiceCash Title Loan agent when they are determining reward eligibility:
- The ChoiceCash Title Loan cannot have made it to its original maturity date
- The loan in question cannot have been modified
- The loan has always been less than 90 days past the given due date
- The vehicle with the ChoiceCash Title Loan cannot have been repossessed
How Can I Use the Funds from a ChoiceCash Title Loan?
One of the greatest attractions of a ChoiceCash Title Loan for Texas residents is that they can be used for just about any financial emergency.
ChoiceCash Title Loans could be used to:
- Pay your rent (current or past due)
- Cover medical expenses
- Help with the expenses of a funeral
- Obtain debt relief
- Repair and maintain for your vehicle
- Pay legal expenses
- Make your mortgage payment on time
- Pay the veterinarian bill
- Cover repair costs for your home
Will My Information Remain Private When I Apply for a ChoiceCash Title Loan?
Giving out personal information can seem a bit daunting and risky, especially when it involves your finances. This concern is completely understandable.
With ChoiceCash Title Loans, Texas residents can rest easy knowing that there is an abundance of safety measures taken in order to ensure the security and privacy of any sensitive personal information.
Some of the ways that your information is kept safe with ChoiceCash Title Loans include:
ChoiceCash Title Loan agents are all trained to professionally shred any and all personal documents provided to them once they are no longer needed. The documents that are kept on file for account purposes will be stored in a safe and secure place that can only be accessed by authorized employees.
The servers used to store information on the ChoiceCash Title Loans website are heavily encrypted. Essentially, this means that information you submit online will remain in the hands of trained and trusted loan agents – no one else.
Each loan agent that works with ChoiceCash Title Loans is held to the highest of standards. This is especially prevalent in the case of customers’ personal private information. Regardless of whether you are applying online, over the phone, or in person, only the most trustworthy and qualified employees will be handling your information.
The loan agents that work with your personal information when you apply for a ChoiceCash Title Loan will not share it without explicit permission from you.
In rare instances when your contact information needs to be shared, a loan agent will directly ask you for your consent beforehand and provide you with all details involved.
The Importance of Considering Security When Applying for a Loan
Each and every lending company is different when it comes to the security precautions that they take. Some may not offer the strongest protection for you. There could be some seriously adverse consequences if your personal information gets into the wrong hands.
The following could happen if someone with less than honorable intentions does manage to get ahold of your personal information:
Identity Theft is a Possibility
Identity theft has ruined several lives in recent years. Identity theft occurs when someone’s personal information is stolen in order to access money from the unfortunate victim of the crime.
Once this happens, it can have several long-term negative effects on the victim. New credit accounts could be opened, loss of funds from bank accounts, assets can be stolen, among many other fraudulent activities.
As a result, identity theft could cause serious long-term damage to someone’s good financial standing.
Your Credit Could Get Ruined
If your financial information is stolen from you, more often than not your credit will be negatively impacted due to the thief using your information to acquire money.
This can often be rectified by fixing or amending a credit report. However, it takes a lot of time and work to do so.
Texas customers can rest assured that when they work with ChoiceCash Title Loans, their personal information is treated with the utmost care and protection. There are a wide variety of security measures taken to ensure no one gets ahold of your personal information.
How Does Repayment with ChoiceCash Title Loans Work?
Another important thing to know when dealing with a ChoiceCash Title Loan is how repayment will work. Repayment with ChoiceCash Title Loans is as easy as any other part of the process for Texas residents.
There are a wide variety of ways that you can go about making your ChoiceCash Title Loan payments each month, which include methods such as:
- Paying through the phone
- Mailing your payment
- Paying online through electronic payments
- Paying in person at a MoneyGram location
The minimum amount you will be required to pay each month will be dependent on the value of your loan and the interest (which varies from borrower to borrower). Each payment will be due on the same day each month.
The repayment period can last as long as 3 years, which gives customers adequate time to stretch out their payments—if they wish to do so3.
Another thing to keep in mind is that with ChoiceCash Title Loans, paying early is an option.
What Happens if You Default on a ChoiceCash Title Loan?
Defaulting on a loan means that the person who borrowed the money is unable to repay the loan and will continue to be unable to do so for the foreseeable future.
Naturally, you might be uneasy and wondering what might happen if you default on a ChoiceCash Title Loan. With most title loan lenders, this would automatically lead to repossession of your vehicle. Luckily, ChoiceCash Title Loans offer greater flexibility so that you may be able to work something out and avoid repossession.
With ChoiceCash Title Loans, repossession is the absolute last resort. This is due to the fact that there are some options available to borrowers.
These options can include things like:
Keeping an Open Line of Communication
There are customer service lines that ChoiceCash Title Loan borrowers can make use of. When something is making you struggle financially, you are encouraged to talk to a customer service rep as soon as possible.
Refinancing an Existing Loan
One way that defaulting on a loan could be avoided is by refinancing the loan. This can end up giving you a better deal and more time to pay back the money you owe. As a result, you may have more time to get yourself out of the financial struggle you are currently in.
How Do I Regain My Car Title?
Once you have finally paid off what you owe on your ChoiceCash Title Loan, you will want to know how you can get the title for your vehicle back in your possession. Luckily for you, ChoiceCash Title Loans has a team of DMV processors so that everything can go smoothly and quickly.
The process for retrieving your title after repaying a ChoiceCash Title Loan goes like this:
1. Confirm All Details with Your Loan Agent
After you have gone ahead with making your final payment on your ChoiceCash Title Loan, make sure that you confirm all the details with your loan agent. Inform them that you would like to start the process of retrieving your vehicle’s title.
2. Your Lender Will Remove the Lien
There are a variety of ways that you can have the lender remove themselves from your vehicle’s title, including:
- The lien release section can be completed on a title certificate
- The title can be released electronically (if the title is electronic)
3. Go to Your Closest DMV
Each states process is a little different when it comes to dealing with vehicle title transfers. In the state of Texas, there will be a charge of $33 for transferring ownership of the title of a vehicle.
When you want to transfer a vehicle title, most DMVs will want you to have:
- A filled-out auto transfer form
- Proof of auto insurance
- A valid government photo ID
- Documented proof that your loan has been paid back in full
- Payment for your title transfer
4. Get Your Title Back
After all your information has been presented and verified by your loan agent, the process of removing the lien from your vehicle’s title can begin right away – after which your vehicle will fully belong to you once more!
If you have any further questions regarding the process of removing a lien from your car title, you can reach out to a ChoiceCash Title Loan customer service representative. They will provide you with the information you may need to retrieve your vehicle’s title.
Where Can I Get a ChoiceCash Title Loan in Texas?
There are numerous quick and convenient ways for you about getting your approved funds from a ChoiceCash Title Loan in the state of Texas! One such method is by going to visit your closest MoneyGram location!
One of the great things about working with ChoiceCash Title Loans is that MoneyGram locations can be found throughout the country. Because MoneyGram’s can be found in most cities, a person doesn’t have to travel too far to inquire for a title loan or pick up their funds.
For the sake of convenience for Texas customers, below is a map and list of just a few locations in the Arlington area, with many more statewide locations found here.