Car Title Loans in Electra, Texas

Do you need cash now? One Way Car Title Loans serves the Electra, Texas area. You can borrow up to $20,000 in 15 minutes.* You can use the equity in your car to get a car title loan in 15 minutes or less.*

Got bad credit or no credit? Don't worry! Got a repossession or past bankruptcy? Don't worry! NO PROBLEM at One Way Title Loans! Apply now for an instant quote on how much you can borrow.

One Way Title Loans can fund you immediately because we're the direct lender so there is no red tape. We have the lowest rates with no prepayment penalties. We will even go to your work or your home to hand deliver the check. We also take care of the DMV paperwork so you don't have to wait in line all day. Call us or apply online now for an instant 3 minute* approval on your auto title loan.

What is a Title Loan?
A car title loan is a fast way to borrow money using the equity in your paid off vehicle as collateral for a loan. Call us now for instant approval.

Do I need good credit to get a loan?
No, your credit history is not a factor. Your approval is based upon your vehicle's equity, vehicle's condition and your income.

How much can I borrow?
You can borrow anywhere from $2600 to $15000 depending on the wholesale value of your vehicle and your income. Please fill out the Application to see how much you qualify for.

How long does it take to get a car title loan?
Your money will be ready in 15 minutes or less.* Many car title loan companies advertise 15 minutes or less but in reality take much longer, even 24-48 hours. Some competitors request you to go to DMV to add them as lien holder.

Why choose a car title loan over a bank loan?
Most people choose car title loans because they do not qualify for traditional bank loans. Car title loans are also processed more quickly and have fewer requirements than bank loans.

Contact us today at 1-888-723-8813.

About Electra

Electra is a city in Wichita County, Texas, United States. It is part of the Wichita Falls, Texas Metropolitan Statistical Area. The United States Census Bureau counted Electra's population as 3,168 at the 2000 census and estimated it to be 2,891 as of 2006. Electra claims the title of Pump Jack Capital of Texas, a title made official by the state in 2001, and has celebrated an annual Pump Jack Festival since 2002.

Daniel Waggoner started a ranch in present-day Electra in 1852. Around thirty years later, the Fort Worth and Denver City Railway was built, and its railroad tracks ran through the area. In 1885, Waggoner's son, W.T. Waggoner, successfully lobbied railroad executives to build a railroad station at the site. By this time, the Waggoner ranch covered a half-million acres. Up until this time, the town was called Waggoner, but following the building of the station and a post office in 1889, it was dubbed Beaver Switch, after the nearby Beaver Creek. The opening of 56,000 acres (230 km2) of land north of the railroad station brought more farmers to the area. The town was renamed again in 1907, this time after Waggoner's daughter Electra.

Water can be scarce in this region of Texas, so Waggoner started drilling for water for the towns new residents. Most of these drilling sites were befouled by crude oil, which made the water unfit for drinking. Three years later, a developer from Fort Worth named Solomon Williams bought the land from Waggoner. Sooner thereafter, he annexed nearby land, subdivided the land, and placed advertisements in national media trying to increase the population. His efforts were successful, and the town grew from a population of 500 to 1,000 between 1907 and 1910. In 1911, the Electra Independent School District was created.

A fateful day in Electra's history was April 1, 1911, when the Clayco gusher successfully drilled for oil. Word spread quickly and the population increased fourfold over a period of months. Fortunately there was already some infrastructure built in the town to handle the new residents.

As of the census of 2000, there were 3,168 people, 1,279 households, and 860 families residing in the city. The population density was 1,299.0 people per square mile (501.3/km²). There were 1,529 housing units at an average density of 626.9 per square mile (241.9/km²). The racial makeup of the city was 87.66% White, 4.58% African American, 1.10% Native American, 0.06% Asian, 4.29% from other races, and 2.30% from two or more races. Hispanic or Latino of any race were 8.68% of the population.