Avoid a Second Job With a Car Title Loan

June 15, 2012

If you’ve fallen behind on your bills, your credit score may have dropped. In this case, banks probably won’t lend you any money, particularly if your score has dropped significantly. You may believe that you have to get a second job just to make ends meet – but you don’t.

Instead of delivering pizzas or stocking shelves, you can borrow money from the equity of your vehicle’s value. In fact, an auto equity loan, more famously know as a car title loan, can be a great alternative to a second job.

To get a car title loan on your vehicle, you can simply visit a car title loan company lender. You must own it outright, meaning that there are no payments left to be made. If you have the pink slip title in your possession, you own the vehicle. It’s just that simple.

Let’s take a look at how this process works.

What Should I Bring With Me?

Once at the car title lender, you’ll have to show your title and a few other documents such as a photo ID and proof of insurance. You probably carry those with you every time you drive, making this a convenient way to apply for a loan.

Will There Be a Lot of Paperwork?

Do you enjoy filling out paperwork? Probably not.

Car title lenders often require less paperwork than banks. This means that you won’t have to spend all day filling out forms when you apply for a car title loan.

Will There Be a Credit Check?

A bank may not want to deal with you if you have credit issues. Luckily at Car Cash Loans, you can still get a cash loan and avoid that second job.

With a car title loan, the value of your vehicle is the primary concern – not your credit. In fact, Car Cash Loans will never check your credit. This is good news if you have had problems getting loans in the past.

How Long Will it Take?

Haggling with a banker, filling out a load of paperwork and waiting days or even weeks for a decision can be stressful. This makes a car title loan a good option, as you can get one on the same day that you apply for it. You can even get a car title loan during your lunch break, as Car Cash Loans will generally have you in and out – with cash – in around an hour.

What Will Happen to My Vehicle?

You’ll get to keep your vehicle for the duration of the car title loan. Just the title will be held by the lender, not the actual vehicle. So, you can keep driving while you get the money you need!

Will I Have Enough Time to Pay it Back?

If you’re behind on your bills, you may not have enough money to repay a loan quickly. Luckily, you may be able to extend your payments over years. Car Cash Loans offers terms of up to 5 years, allowing for a comfortable repayment schedule.

Should I Get a Car Title Loan?

If you’re facing a utility shutoff, eviction or other serious problem with your bills, a car title loan can be a great way to get the cash you need without having to get a second job for the money. You could walk in today and walk out with cash, which would work great for paying an urgent bill. Then, you could take your time with a convenient repayment schedule to minimize your monthly payments.

Consider a car title loan instead of getting a second job. A second job can be stressful and could strain your relationships with others. Also, do you really want to just eat, work and sleep? I doubt it!

Give a car title loan a shot. It could be just the thing you need to get out of your current bind.