Get Started
life preserver filled with title loan cash

How A Title Loan Can Help In A Financial Emergency

A financial emergency doesn’t have to feel like the end of the world when you get a title loan with help from Auto Cash USA. This type of loan can help you get up to $15,000 quickly and easily to overcome your financial hurdle!

This short article will tell you everything you need to know when considering a title loan for financial help. You’ll learn how this loan type works, what makes it helpful in an emergency, and what you’ll need to qualify!

How Do Title Loans Work?

The first step towards understanding how a title loan can help you in a financial emergency is to be clear about how it works. This type of loan has several unique differences that make it stand out from other financial options.

A title loan gets its name because it requires you to use your car title as collateral. That title can help you qualify for up to $15,000, though the exact amount will depend largely on your car’s value. So, your car’s make, model, year, and condition help determine how much you could borrow.

Even though you’re using your car title as collateral to get one of these loans, the vehicle stays with you. You’ll have to bring it in for a quick physical inspection so a representative can assess its worth. But after that, you can drive it home regardless of the loan’s outcome.

Overall, this type of loan helps you access emergency funds using the car you have in your driveway or garage. As you’ll learn in the next section, it can be helpful in an emergency due to its other unique qualities.

title loan help in a financial emergency

What Makes A Title Loan Helpful In An Emergency?

Plenty of loans are available on the market these days. Still, not all of them have the benefits you’re looking for in an emergency. Here are the reasons you might find a title loan helpful in your time of need:

1. Only A Few Required Items

First, title loans only require a few items for you to qualify. That means you won’t have to spend a lot of time rushing around to gather what you need before you can get one.

As you’ll discover later in this article, the items you require are also things you likely already have at home. That will make the process less stressful and quicker for you to access the money you need.

2. Easy To Get Started

Starting the process is also incredibly easy. All you have to do is take the first step of submitting the secure inquiry form with your details. Remember: this is an online form.

That means you can fill it out anytime from the comfort of your own home using your preferred mobile device. Soon after you do that, a loan specialist will call your number to walk you through the remaining steps.

3. Quick Processing

Time is of the essence during an emergency, so you’ll want a loan that can be processed quickly. Title loans can offer you that speed.

For example, a representative from a licensed loan vendor nearby will want to verify your documents in person. That part of the process can take as little as 30 minutes to complete.

4. Fast Payouts After Approval

Getting approved quickly is essential, but so is receiving the money fast afterward. When you get a title loan, the money can be yours as early as the same day or by the next business day.

5. Guidance And Support

Dealing with loans can get stressful and confusing, no matter how often you’ve done it before. Thankfully, title loans come with plenty of guidance and support when needed.

The representative who calls you and the licensed vendor you are connected to later will be there to answer your questions and address your concerns. So, highlight any part of the process that’s unclear to you, and they’ll be more than happy to help.

drawing of cash and car title loan application

What Does It Take To Qualify For A Title Loan?

Qualifying for a title loan is straightforward, and here are the requirements:

  • Age: You must be at least 18 years old.
  • Identification: You must have a driver’s license or a state-issued photo ID.
  • Title: You must have your car’s lien-free or ‘clear’ title, showing that you own the vehicle outright.
  • Inspection: You must be able to bring your car in for a quick inspection.

Don’t worry if you have bad credit, all credit types are welcome to apply. Just be sure you can meet the requirements above to begin the process!

Get Your Title Loan Now!

There’s no time to waste when you face an emergency, so contact Auto Cash USA now! Start the process for a title loan by submitting your details through the secure inquiry form. That includes your name, contact number, and ZIP code.

Then, keep your phone turned on and nearby. A friendly loan specialist will call you soon after to discuss your needs and connect you to a licensed loan vendor who can help you complete the loan process!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.