Clear Title Loan
If you’re sometimes short on cash, we understand. And if you have a vehicle, we have a solution. With a Clear Title Loan from CRCU, you can get the extra cash you need at a low, competitive rate.
- Competitive interest rates
- Discounts available
- No hidden fees
- No early payoff penalties
- Flexible due dates to fit your schedule
Benefits/Good to Know
Some Good to Knows
- Your name must be listed as an owner on the front of the title and all liens must be satisfied
- Original signatures are required on the title applications and Power of Attorneys for title work
- The credit union does not finance vehicles with the following title conditions: salvaged, reconditioned, branded and/or titles with odometer discrepancies
- Insurance must include deductibles not to exceed $1,005
- Title office charges $33 to add our lien to your title
- Title office charges $90 New Resident Fee on non-Texas titles
- Registration must be current and cannot expire in the next 60 days
- Visual inspection of collateral may be required
- Complete an application and electronically sign the document using a secure and intuitive online process. Please be aware that this process may verify your identity by asking a series of random "out-of-wallet" questions, which may be created from public record and credit databases.
What's all Available
- Credit Life/Disability Insurance is available for your vehicle loan
- GAP Insurance is available for $495. This helps pay off your remaining loan balance if your auto is stolen or damaged and is deemed to be a total loss.
- Extended warranty protection is available
Before you apply, be sure to gather the following:
- A valid driver license is required
- Employment information (including employer name and contact information)
- Proof of income (pay check stub or W2)
- Information about the vehicle (make, model, year, mileage, and VIN) or collateral
- Title
Tools to buy or refinance your ride:
Auto Loan Calculator
Estimate your monthly car payment.
GAP Insurance Available
Save on dealer pricing with GAP insurance.
Two skip-a-pays every year
Skip a loan payment at your convenience.
Auto Loan
Rates
Browse all current auto loan rates.
The Process
Need Assistance?
For personal help with your loan application, drop by your neighborhood CRCU branch or give us a call at (800) 238-3228.
*Rate based on creditworthiness and term of loan. Rates are subject to change at any time and are not guaranteed. Restrictions may apply. CRCU membership required. Contact us for details.
FAQs
I lost my title. Can I still get a loan?
A clear title is required at time of closing. You may apply for duplicate title with the department of motor vehicle.
What is the most I can borrow on a clear title loan?
The maximum amount will be dependent on the collateral value.
What is the oldest model year I can finance?
The auto cannot be older than 10 years.
Are there any fees associated with this type of loan?
Title transfer fees are the only fees that need to be collected at the time of loan closing.
Can I get two title loans on the same vehicle?
Only one loan per title is available.
Can I refinance my current CRCU auto and get cash out?
Typically, we do not allow CRCU loans to be refinanced. Please visit a personal financial officer for options available.
I only have a state-issued ID. Can I still get a title loan?
A valid state-issued driver’s license is required.
Can I get a title loan when I only have an out-of-state driver’s license?
Non-expired out-of-state driver’s licenses are acceptable.