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 Plano
Can I get a title loan the same day in Plano?
Same-day funding is common in Plano. Once approved and paperwork is signed, funds are often available the same business day. Preparing your title, ID, and proof of income in advance before you apply is the single biggest factor in getting a fast decision.
Will I lose access to my vehicle when I take out a title loan in Plano?
Keeping your car is a core feature of a title loan. The lender records a lien with the TxDMV as security for the loan, but you keep the vehicle and drive it throughout the repayment period. You do not surrender your car at any point.
