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 College Station
Can I apply for a title loan in College Station without a paycheck?
Some form of income verification is required to confirm ability to repay. However, proof of income does not have to be a traditional pay stub. Benefits letters, bank deposit records, self-employment documentation, or retirement statements are commonly accepted alternatives.
Do mileage and vehicle condition affect how much I can borrow with a title loan?
Your car’s condition has a direct impact on how much you can borrow. The vehicle’s year, make, model, mileage, and physical state are evaluated to estimate market value. Your ability to repay is assessed alongside the vehicle value. In general, you can expect to qualify for up to 50% of your car’s current value, and a well-maintained vehicle will support a higher amount.
