APPLY

Title loans are a great option for when you need money fast. Whether you had an unexpected bill pop up or a family emergency to tend to, a title loan can be a great option for getting the funds you need fast. Our loans here at Eades Car Title Loans are perfect for those borrowers who have less-than-perfect credit and don't have the option of applying for other loans through their bank or online.

About Us

Our goal here at Eades Car Title Loans is to make the process of getting a title loan quick and simple. We are conveniently located in El Paso, Texas for the convenience of our local customers. We are in the business of helping people when they are in financial need of money fast. We pride ourselves in helping people and making the process as easy as we can. Our goal is to help get you the funds you need when you need it most.

We have many friendly customer service representatives to help you out and get you taken care of. We can help you apply for title loans El Paso using your car, truck, SUV, RV or motorcycle. In many cases, you can complete the application either online or in our store in under an hour. When you submit your application and it gets accepted, you will typically receive your loan funds direct deposited into your bank account the very next business day.

How To Apply For A Loan Through Eades Car Title Loans

Applying for a title loan either in our store or online couldn't be more simple. Many borrowers are able to finish the whole application in under an hour. The application for title loans El Paso only requires basic information about the borrower and the vehicle being use for collateral. As for the information required about the borrower, you will only need to supply your full name, address, zip code and contact phone number. The information that is required about the vehicle will include its year, make and model. You will also need to include the current mileage of the vehicle during the application process.

After entering all required information on the application, you can submit it to receive your free quote. Afterwards, you will receive a call from a friendly loan representative to go over your submitted application and discuss the terms and conditions with you. They will reach you at your earliest convenience to discuss the loan. You will never receive unsolicited calls from us.

How Title Loans El Paso Work

Short-Term Loan

Short-Term Loan

Title loans are short-term loans that are secured by putting a vehicle's title up for collateral. The lender will put a lien against your vehicle until you pay the loan back in full. They do this to protect themselves in the event a borrower cannot fully satisfy paying back their loan. Once the loan is fully paid off, the lender will remove the lien and the title will be free and clear again. If you don't pay back your loan in full, the lender will have the ability to repossess the vehicle and sell it at auction. Any funds from the sale will go towards paying back the unpaid loan amount.

No Credit

Bad Credit?

Some title loan lenders may require a credit check in order to apply for the loan. This is because the lien will give the lender financial security. In Texas, there is no cap on the amount a title loan can be. However, most loans will only be a portion of the worth of the vehicle being put up as collateral. There is a ten percent interest fee cap on title loans in Texas and the loan term may not exceed 180 days. Every lender in every state has to follow certain rules and regulations regarding title loans. These laws are put into place to protect borrowers from the shady title loan lenders that are out there.

Repayment Terms

Short Repayment Terms

Title loans are a great loan option compared to other short-term loans such as cash advances and payday loans. These types of loans have very short repayment terms and the interest rates are very high. With a title loan, you don't have to have perfect credit to apply and get approved when you need cash the most.

Applying With Bad Credit

A title loan is perfect for borrowers who have less-than-perfect credit scores who may have been turned down from other traditional lenders. Some title loan lenders may require a credit check during the application process.

Easy To Apply

The application for title loans El Paso is very quick and easy. Most people can fill out the application and get a quote within an hour or two. Once your application is submitted, received and approved, you can expect to receive your loan funds as soon as the next business day.

Don't Lose Car

A great benefit of title loans is that you will still be able to use your vehicle while paying back your loan. There is no need to have your car sitting around and not being used while you have a title loan out.