At Amber Oaks Lending, we understand how challenging it can sometimes be to pay your bills. When you have an unexpected expense, it can be even more difficult. Sometimes, you simply do not have a lot of extra money for unexpected emergencies.
If you are unsure as to what to expect from a title loan, you should know that a title loan is intended for emergency financial needs
Our goal is to provide you with the highest level of customer service possible while assisting with your financial emergencies. We are located in Sherman for your convenience. If you should have any questions or ever need any assistance, we are here to help.
This includes understanding the legal requirements that apply to title loans in this state. Before we are able to issue a title loan to you, we must verify that you are at least 18 years of age. You cannot legally take out a title loan if you have not attained the age of 18. In addition, we cannot grant a title loan to you if you currently have any other liens or loans on your vehicle. This means that you cannot already have a title loan on your vehicle. The title of the vehicle must also be in your name. If you do not have an original title to your vehicle, you will need to obtain a title. You may be able to obtain a duplicate title to your vehicle by contacting the department of motor vehicles.
When you take out a title loan on your vehicle, you can continue using your vehicle just as you normally would. You simply need to make regular payments on your title loan. At Amber Oaks Lending, we work to provide flexible payment arrangements. Along with competitive interest rates, we also make it possible for you to refinance your loan if you ever experience any difficulties in making your payments on time. Also he said, if you choose to pay off your loan early, we will not charge any pre-payment penalty fees.
One of the more common questions we receive is whether there are any restrictions regarding how the funds from a title loan may be used.