It’s great to have credit. It can help you buy a house, obtain lower finance rates, increase credit limits, and provide you with more negotiating power. Although TitleBucks® doesn’t check your credit*, we want to make sure you’re educated on the facts and fiction of the credit world.
Fiction
You must carry a balance on your credit card to build a credit history.
Fact
Using your credit card will establish a credit history; however, amounts left unpaid can be problematic. To keep your overall debt-to-credit limit low, use your credit card and pay off the bill in full each month.
Fiction
You can’t come back from bad credit.
Fact
Any credit can be rebuilt over time. By paying on time, looking for better credit options, and paying the balance in full, your credit score can improve. Additionally, the older your negative credit information is, the less significant it becomes.
Fiction
The best way to improve credit is to pay off all accounts and close them.
Fact
This is only partly true. Paying off debt is the fastest way to improve your credit score. Closing accounts, however, hurts your credit score. To improve credit, you must have available credit. Closing accounts eliminates any available credit, making balances appear to be higher compared to the overall limits.
As you work to improve your credit score, we continue to accept any credit. At TitleBucks® we want to get you the bucks you need. That’s why we offer a quick approval process, competitive rates, and friendly and convenient customer service. Just fill out the form at the top of the page to apply!
1Title-Secured Loans, Secured LOCs and Title Pawns: Maximum loan amount in Tennessee is $6,500, assuming customer qualifies for and accepts both the Pledge max of $2,500 and Secured LOC max of $4,000. Minimum loan amount for title-secured loans in South Carolina is $601.
Must present valid government issued ID and be at least 18 years of age (19 in Alabama). Account approval requires satisfaction of all eligibility requirements, including a credit inquiry, a military “covered borrower” check, a motor vehicle appraisal and a title review. Line of Credit (“LOC”) customers are subject to a periodic collateral review to maintain credit limit. Proof of income documentation and ability to repay analysis is required in some Texas locations. Funded amounts vary by state, store, product, or based on the results of an ability to repay analysis. Certain other eligibility requirements and terms & conditions apply.
2Personal Unsecured Loans/LOCs: Unsecured loan amounts and products not available in all stores/states. First time maximum for new personal loan customers varies by state, and customers may not be eligible for the maximum funded amount on their first loan. Higher amounts may be available for return borrowers with good account management history. In-Store: In-person application not available in the state of Idaho at this time. Account approval requires satisfaction of all eligibility requirements, including a credit inquiry. Bring in active bank account details (dated within the last 60 days),and a valid government-issued ID to apply. If your bank account statement does not show recurring income deposits, you will need to also bring in proof of income, like a paystub, from within the last 60 days. In NV, proof of gross monthly income is required in addition to a bank statement. In AZ, a valid AZ motor vehicle registration in your name is also required. Min $601 in SC. Without SSN or ITIN, max loan amount is $350. Online: If you do not have an SSN, please visit us in store to apply. Additional items required for eligibility, including: a valid and active email address and telephone number, and a valid SSN. You must also reside in a state in which we do business (currently AZ, SC and TX). Min $610 in SC. Certain other terms and conditions may apply. Online personal loans are facilitated by TitleMax, and applicants will be redirected to a different domain to apply.
– Funds distributed via ACH to the borrower’s debit card, Dash® Prepaid Card or MoneyGram® (when/where available). The Prepaid Technologies Mastercard Prepaid Card is issued by Pathward, N.A., Member FDIC pursuant to a license by Mastercard International Incorporated. The card may be used everywhere Debit Mastercard is accepted.
– In Georgia, TitleBucks offers Title Pawns.
– In Tennessee, TitleBucks offers title pledges and secured Lines of Credit (“LOC”). Only one LOC account allowed per customer, inclusive of other lenders. LOC customers are subject to a periodic income (and collateral, if applicable) review/validation. Refinancing is not available for the Tennessee Pledge product.
– TitleMax of Texas, Inc. d/b/a TitleBucks and TitleMax Online of Texas, Inc., d/b/a TitleMax act as Credit Services Organizations to assist customers in obtaining a loan through an unaffiliated third-party lender. Please see store associate for details. Please see Texas Schedule of All Fees. TitleBucks does not offer pawn loans or pawn transactions in Texas.
– TitleMax®, TitleBucks®, and InstaLoan®, are not considered competitors. Please see a store associate for details.
