Our experts at Auto Security Finance have compiled a list of some of the most frequently asked questions we get from our customers. Take a look below to see if we can quickly answer your questions.
What is a Title Loan?
A Title Loan is a short-term advance made to you if you own your car. Your car will serve as collateral for your loan through us. You will need to provide your title as security for the loan. When you pay off the loan, your title is returned to you. It’s that simple!
How much can I borrow?
You can borrow up to $6,000, depending on vehicle condition and qualification standards.
Is There a fee for early payoff?
Our experts at Auto Security Finance knows that if you need a loan you don't need to be charged extra for paying it off in full. We charge no fee for early payoff
What terms do you offer your loans for?
Our minimum loan term is 3 months and our maximum loan term is 12 months. This means no refinancing within your loan period.
Does it matter if I have bad credit or no credit?
It does not matter if you have bad credit or no credit at all. The title loans offered by the lender and our credit services are designed to assist you in your day to day needs, including emergency credit.
Can I get a title loan with other types of vehicles like, an RV, boat or trailer?
No, we give loans for trucks, cars, and motorcycles only.
Do I have to have the car titled in Texas?
Yes. You will need a title in Texas for the loan and credit services.
Do I need to be employed?
No, The key issue is that you have a source of verifiable income to pay the loan.
Do I have full use of the vehicle during the term of the loan?
Absolutely. You get the money, and you get to keep driving your car.
What if I lost my title, what do I do?
You will need to apply for a duplicate title at your local Department of Motor Vehicles, please call if you have any questions regarding how to get a duplicate copy.