Frequently Asked Questions

If you have other questions, feel free to email us

Why should I use VIP Finance as opposed to another title loan company?

  • VIP Finance is a registered creditor with the State of Texas and governed by Texas laws.
  • VIP Finance has the lowest total payback in the industry.
  • Most of our competitors are out-of-state lenders governed by out-of-state laws that are more favorable to them.
  • VIP Finance offers the most lenient grace period for late and missed payments in the industry.
  • We work with you to give you the title loan help you need.
  • VIP Finance offers cash advances on your current loan if you need additional money, or we will buy out existing title loans to help you get a lower interest rate.
  • VIP Finance offers direct loans with up to a one-year term.
  • Unlike our competition, VIP Finance offers installment loans with monthly payments, not one-month loans that expire every 30 days.
  • With VIP Finance, you don’t need to fill out new loan paperwork every time you come in to make your payment.
  • If your current loan is a 30-day max, then see what our title loan buyout experts can do for you.
  • VIP Finance is locally owned and operated as the first auto title lender in the Metroplex with thousands of satisfied customers.
  • We are one of your top companies that buy out title loans.
  • We will pay off your title loan if you are stuck with a high-interest rate or bad terms from one of our competitors.

All title loan companies say, “We are the best and cheapest”. Who is telling the truth?

Simple answer – ask our competitors what their legal A.P.R. (Annual Percentage Rate) is.

Our rate is 6%. Their rate is 150% to 300%+.

For more information, click here to compare fees.

The truth is, they gouge you with the interest rates and short terms, and you can easily get buried in debt! But not with VIP Finance of Texas. We offer title loan help – from buyouts to the lowest interest rates. All so you can actually pay off your title loan.

As we always say, “if we can’t save you money, we don’t deserve your business.”

What is an auto title loan?

An auto title loan is a loan based on the value of your vehicle, otherwise known as “pink slip loans.”

We have programs that provide you with quick access to cash based on the value of your vehicle, NOT your credit score! Your vehicle is your credit.

Remember, we loan you the money, and you get to keep your vehicle.

Where does my title loan payment go?

Every time you make a payment with us your loan balance goes down.

With our competition, your payment is “ALL INTEREST” and your loan balance never goes down.

We don’t think that’s fair. Which is why we offer title loan buyouts for the old, bad loans you have from those other guys.

What happens if my vehicle is wrecked or breaks down?


In lieu of the lenders’ insurance requirements, we offer an optional Auto Club to protect you and your vehicle during the term of the loan.
If you wreck your vehicle, you can turn it in and your loan is 100% paid for by the Auto Club. If your vehicle suffers a mechanical breakdown, our Auto Club offers free towing to one of our service centers for evaluation and a fleet rated discount on the repairs.
Plus, the Auto Club installs a free stolen vehicle recovery device (GPS) to aid in locating and recovering your vehicle in the event your vehicle is stolen.
Our competitors offer nothing to protect you or your vehicle, leaving you responsible for the full balance of the loan plus high-interest rates!
Again, we don’t think that’s fair.

Can I keep my car after I apply for a Texas title loan?


Yes, you stay the owner of your car. You continue to drive your car with no restrictions.
Why? Because we don’t want to take your car – that isn’t our goal. Our goal is for you to have a loan you can actually pay off, possibly even raising your credit along the way! We aren’t like the other companies hoping you default so they can swoop in and take your car from you. Instead, we will pay off your title loan with those guys, so you can rest easy.

What if I have really bad credit?

Your vehicle is your credit. We don’t do a credit check.

You don’t have to worry about your credit, in fact, you could even improve your credit with a title loan from us!

You can use your title loan cash to pay down a credit card with a higher interest rate, helping your score and your bank account.

Can I get a loan if I collect disability or am retired?

Yes, you just need to prove your income is consistent.

It’s as simple as that. We are happy to help you get the cash you need, today!

Does my car need to be paid off?

No, your car does not need to be paid off. We can pay off your current loan and save you money!

In fact, a huge part of our business is helping you out of your old title loan. We buy title loans from our competition and offer you better rates.

Many companies that buy out title loans might say they are the best, but our numbers don’t lie.

What do I need to bring?

  1. Your vehicle for inspection
  2. Clear Texas title (if available)
  3. Extra set of keys (if available)
  4. Proof of income
  5. Proof of residence

Save time by downloading and completing our application before you come in.

What do I need to bring for a title loan buyout?

You just need to bring the above 5 items and your old title loan and we will pay it off!

How long does it take to apply?

Approximately 30 minutes.

No wait.

No hassle.

Just the VIP Finance of Texas service you’ve come to expect.

Do you loan money on anything besides cars?

We loan money on just about anything with a clear Texas title.   Examples include: RVs, motorcycles, and industrial equipment.   If you can drive it, we can get you a title loan for it!

What happens if I am late or miss a payment?

Because we are locally owned and operated, we are not like our corporate-owned competition. We are able to work with you if you need to be late or miss a payment. Our competitors can’t say that!


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Ready to get started? Apply today and get your money!

VIP Finance of Texas

VIP has been in business since 1989 as the 1st Auto Title Lender in the DFW Metroplex. We are locally owned and operated here in the DFW area in the great state of Texas. This creates quite a few benefits for our customers. For example, because we are not a big corporation our policies are flexible based on different situations.

Also, we are a Registered Creditor with the state of Texas and governed by Texas laws, which is rare in this industry. Most of our competitors are out of state lenders governed by out of state laws that are more favorable to them.

Location Hours

Monday - Friday: 9:00am - 7:00pm

Call us Today!


$25 Loan Referral Card

Good for 1 new loan or buy out only! CLICK HERE for Card!

See the VIP Difference for Yourself!

Compare our rates with other title loan companies in Dallas and Fort Worth, and see why more people trust VIP Finance. Click here to see the difference!