Getting Quick Cash With a Car Title Loan

September 23, 2011

Most forms of financing or loans require a long period of time to get approved. When you take a cash advance from a credit card, if you have a card available to you, you may have to wait to make a request with your creditor and then wait days or weeks to get the money in the mail or deposited into your bank account. If you don’t have a credit card already, applying for and being approved for a credit card is going to take even longer. A bank loan can also take several weeks, and require an extensive application process, before you are approved. None of these options will provide you with quick cash that you need in order to deal with a financial emergency. A car title loan, on the other hand, can get you the cash you need in as short as a few hours or a few days.

How to Get a Car Title Loan

When you are in need of immediate cash to pay bills or handle other financial necessities, a car title loan can be a great answer. You shouldn’t turn to car title loans for every single financial situation, nor should you think of them as some kind of magic bullet that will remedy regular expenses being higher than your income, but they can easily be your best available option for dealing with temporary financial shortfalls.  When those one-time unexpected “emergency” type situations crop up, often when a person is least prepared to handle them, it is in that time of need that a title loan can provide a welcome life-line.

If you find yourself needing a car title loan, you should first find a trustworthy and honest lender. Consider asking friends or family for recommendations to find a lender. If you cannot find a car title lender that has been recommended by friends or family, then look for a lender who has a good rating with your local better business bureau and who is honest and up front about costs and fees you will be charged.

Once you find a lender, getting a car title loan for quick cash is a simple and straightforward process. If you have a vehicle that you own free and clear and that is worth money, whether that vehicle is a car, a motorcycle, a truck or some other vehicle, you can simply take the title of that vehicle to a car title lender. After verification that you have a source of income that will enable you to repay the loan and verification of the value of your vehicle after a quick physical inspection, you should have your loan approved very quickly. Typically without a credit check, the money can be in your pocket and available to you to meet your needs in minutes.