Know Before You Borrow in Texas
- Interest rate cap: No state cap on CAB fees (typical market rate: $20 per $100 per 30 days = ~243% APR); third-party lender interest capped at 10% per year
- Loan range: $500 to $10,000 (typical)
- Repayment term: Single payment (typically 30 days) or installment (typically 90-180 days)
- Regulated by: Texas Office of Consumer Credit Commissioner (OCCC)
For complete Texas title loan regulations and consumer protections, visit our full Texas guide.
Quick Answers About Title Loans in Northwest Dallas
We’re located in the Northwest Dallas area of Dallas, near TangoAmor and Mathnasium, with Gussie Field Watterworth Park also nearby. Look for us at 11038 Grissom Ln.
Yes, your car can be repossessed if you miss even one payment on a Texas title loan. Texas law does not require the lender to go to court or give you advance notice before repossessing the vehicle. After repossession, you must receive at least 10 days notice before the car is sold. If the vehicle sells for less than you owe, including repossession fees and storage, you may still be responsible for the remaining balance.
If you think you may miss a payment, reach out to your lender early. There may be options available before default becomes necessary.
With a title loan, your vehicle secures the loan and the amount you can borrow is based on your car’s value and your ability to repay, typically up to 50% of its current market value. The lender places a lien on your title through the TxDMV while you keep driving the car. You repay the loan over the agreed term. In Texas, the total term including any renewals cannot exceed 180 days. When the balance is paid, the lender releases the lien.
