Get Started
woman adding up expenses

How Using A Title Loan Can Help Cover Urgent Expenses

If you’re planning on taking out a title loan to help you cover a few urgent expenses, you might want to consider using Auto Cash USA. With our help, you can connect to a licensed loan vendor nearby who can assist you in getting the cash you need when you need it.

Below, you’ll discover exactly how we can be of use in such a situation. But first, let’s find out when going for a title loan would make sense.

What Can A Title Loan Be Used For?

If you qualify for a title loan, you can receive up to $15,000 depending on the value of your vehicle. Of course, you can choose what you would like to spend the money on. However, it is generally recommended to only opt for such lending when dealing with a financial emergency.

using a title loan can help cover urgent expenses

Here are just a few examples of the situations when a title loan can come in handy:

  • Taking care of medical bills

Whether you have received a surprise medical bill or need to urgently cover a bill, a title loan can help you deal with these expenses in the shortest timeframe.

  • Paying for unexpected travel

Many individuals choose to borrow money from a lender if they need to be in another state or country urgently due to an important personal matter. Some of the most common emergencies include death in the family, a critical need to obtain medical treatment and document-related issues.

  • Dealing with home repairs

Using the money that you have borrowed for renovation might not be the best idea. But a title loan really can become a quick and easy way out, if you need to take care of a busted pipe, a broken water heater, a gas leak, or electrical hazards, for example.

  • Covering utility bills

If you have been using the heater or air conditioner a lot more often lately, you might be unpleasantly surprised when you receive the energy bill. Furthermore, energy suppliers are constantly raising their rates, so the chances of getting a higher-than-usual utility bill at one point or another are quite high. If you don’t want to have to deal with late fees or disconnections, a title loan can become a quick problem-solver.

How Can A Title Loan Help In An Emergency

The biggest advantage of a title loan if you do get approved, is that you will receive the money extremely fast. You might get your hands on the cash as soon as the next bank business day or, in some cases, even the same day.

The main reason why borrowers can enjoy a quick and simple process is because lenders typically only require your ID, lien-free title, and vehicle to qualify. No need to spend days trying to gather the necessary documents from various institutions – you might already have what you need. 

You would also get to keep your car while repaying the loan which is an incredibly important factor for those dealing with an emergency.

Last but certainly not least, you might be able to qualify for up to $15,000

bag of title loan cash and car in hand

Why Work With Auto Cash USA?

There are many lenders out there, but, unfortunately, this means that there are also hundreds of scammers patiently waiting for you. To find a lender that you can trust, you might have to spend days doing the necessary research. If you’re in the middle of an emergency, you might simply not have the luxury of time.

And that’s the thing Auto Cash USA can help you with.

With our network of licensed vendors who offer competitive rates and the best possible customer service, you know you are in good hands.

All you would have to do to get started is fill out a short form or use our convenient chat feature and one of our professional staff members will connect you with a reputable lender that ticks all your boxes.

What Are The Requirements?

You will have to bring your state-issued photo ID or driver’s license, vehicle, and a clear title to the in-person meeting with the verification agent (the expert can come to you). The term ‘clear’ means that the title has no liens attached to it and that you own the car outright.

You must be over 18 to take out a loan and your name should be listed on the title.

If you are concerned about your eligibility, you should know, that you don’t need to have good credit and you might qualify even if you’re currently unemployed (as long as you have a source of income that will let you repay the loan).

Take Care Of Your Emergency Today!

Dealing with urgent expenses can be tough, both financially and psychologically. But you can avoid the unnecessary stress if you decide to take out a title loan. Such a lending option will help you take care of your emergency in the shortest timeframe and without any additional stress.

Allow Auto Cash USA to help you find a suitable lender. Just fill out our short inquiry form to get started, and we’ll connect you with a licensed specialist who will assist you in getting the emergency cash you need today.

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.