Title Loan Payments

Discount Car Title Loan

How do I set up automatic payments?

Automatic payments are the easiest (and free!) way to make your payments on time. Enroll today by calling Discount Car Title Loan. You will need your bank or credit union account and routing number (see below) for the one-time setup.

How can I pay my car title loan?

Customers can always make payments at any of our Discount Car Title Loan stores in Texas, or via debit card.

Can I cancel my loan after being approved?

At Discount Car Title Loan we will allow applicants to cancel their loans within 3 days of receiving their advance. If the original principal is paid before the 3-day grace period, you wonít usually be liable for any interest charges.

How long do I have to repay my car title loan?

Car title loan terms and due dates vary by state. We will provide you with this information after you have been fully approved for a car title loan.

Is there a prepayment penalty?

Discount Car Title Loan in Texas, does not charge prepayment penalties. A prepayment penalty is a fee that is accessed when you pay your loan before its due date.

What happens if I am late with my payment?

If you are late with your personal or car title loan payment, you may be charged additional fees. The number of fees will vary by state and lender. In addition to being charged a fee, there may be other consequences if the loan remains unpaid. Some lenders in Texas may choose to report your delinquency to all or one of the three credit bureaus, submit your information to a collection service, or seize your vehicle and sell it to a third party.

How do I get my title back? How long does it take?

At Discount Car Title Loan we will return the vehicle document to you once you have finished paying off your title loan in full. If you complete your title loan at any of our locations in Texas, you will usually receive your title back immediately. If your loan was completed online, it might take a few weeks to receive your title back in the mail.

Can someone else make a loan payment for me?

Yes. However, the privacy laws limit what information lenders can share about the loan. Therefore, if youíd like someone to make a payment on your behalf, please either provide authorization to our Discount Car Title Loan personnel in Texas to transact with that person on your loan, or make sure they have the following information in order to make a payment: the name and telephone number on the loan and the payment amount you would like to make.