Cherrywood Lending - Title Loans in McAllen, Texas

Good jobs can be hard to find, and if you’re living in McAllen, Texas, there is a good chance you could benefit from a little extra cash. You probably already own a vehicle, which could be used to secure a car title loan. Cherrywood Lending has helped many folks living in this community to obtain title loans McAllen, which can be used to pay rent, repair appliances, buy school clothes, purchase groceries or anything else you require. You don’t have to explain why you need or want a loan. All you need is your driver’s license to verify you are at least 18 and have a clear car title in your name. The loan process is simple and straightforward. You just apply online, speak to a loan representative on the phone about your loan needs, sign a contract and collect your cash. We pay out loans really fast, so you’ll get your cash within a day of applying.

Applying for Vehicle Title Loans With Cherrywood Lending

We encourage everyone to apply for title loans. There is no need to worry about whether you could qualify with your credit rating because credit checks aren’t part of our loan process. When you turn over your paper car title during the loan closing, you’re securing the loan against your vehicle.

So, we can eliminate credit checks all together. It doesn’t matter whether you have poor, good or even excellent credit when applying for one of our hassle free loans.

Do You Meet the Loan Requirements?

Income for Repaying the Loan

Overall, our loan requirements are easy to qualify for, but we do insist that you have a steady source of income to repay your loan. Whether you are working part-time, retired living on Social Security, have low income or run your own small business, we can get you approved for quick cash.

A Vehicle

We accept old and newer models as collateral, but we need to be assured that your vehicle can be driven on the roads to meet our collateral requirements.

Car Title

To be approved for title loans McAllen, you’ll need a clear vehicle title. A clear title means there are no creditors listed on the title or any liens against the vehicle. Clear titles actually benefit borrowers because they have more equity in the vehicle, which means larger loan amounts.

Completing Our Short Application Form

Cherrywood Lending thinks applying for a loan should be easy and fast. You can apply online, submit an application at a convenient loan center store or phone in your application information.
We require the following information to apply for title loans McAllen:

  • You first and last name, zip code and telephone number.
  • A mileage estimate and the age, make, model and style of your car, truck, SUV or motorcycle.

How the Car Title Loan Process Works for Customers

Learning About Title Loans McAllen

  • No driving restrictions. Most folks rely on their vehicles to get them around town and earn a living, so it isn’t right to place driving restrictions on borrowers.
  • Since loans are secured, there is no need to run any kind of background or credit checks. You won’t be turned down for cash because of your credit rating.
  • Loan amounts are determined by the current value of your automobile. We combine this amount with your ability to repay the loan to come up with the highest possible loan amount and an affordable payment.
  • We go out of our way to provide a pleasant, simple loan experience. Our loans are processed quickly, and you can count on cash within one business day of submitting your application.
  • If you have the money to pay off your loan early, we would be glad to calculate your final payment amount. According to state title loan regulations, borrowers cannot be charged any penalties for paying off loans early.