How a Car Title Loan Can Help With High Veterinary Bills
June 21, 2013
You saw a cute puppy and bought it for $100. Now, 10 years later, Fido needs a major treatment, courtesy of your wallet.
Veterinary bills and expenses can be very high. If your pet needs a major procedure, you may end up incurring thousands of dollars in veterinary bills. This could put you in a situation in which you face the decision that many pet owners dread – pay a high Vet bill or risk Fido’s health.
If you don’t have the money to pay a vet, you may feel that you are out of options. However, you are not. Let’s take a look how a car or auto title loan from Car Cash loans could help you with your pet’s veterinary care by loaning you cash for vet bills.
How a Car Title Loan Can Help
Suppose that your dog has Intervertabral Disc Disease. According to Costopedia.com, treatment to correct this problem costs $2,844 on average. That’s a hefty price to pay to keep Fido in good health. It would be great if you have the cash on hand to pay for this treatment. However, this may be an amount that you cannot afford to pay out-of-pocket, given the high costs of rent, groceries and other necessities in many areas.
Instead of paying for Fido’s treatment out-of-pocket, you could take out a car title loan for vet bills. As long as you own a vehicle pink slip and can meet a few minimal requirements, you can get a car title loan (or pink slip loan) and borrow enough money to cover some or all of the treatments and expenses.
A car title loan can be obtained very quickly, allowing for speedy payment if it is required for your dog’s treatments. This will help keep Fido in good health and allow you to pay the loan back over a few months or even years.
How Fast Can I Get a Loan?
You may think of a snooty banker looking down his nose as he discusses a loan with you. He may require that you fill out loads of paperwork. Then, you may have to wait days or even weeks for a decision. This is not the case with a vehicle title loan.
Car title loans can often be obtained on the day of application. In fact, Car Cash Loans will typically have you in and out in around an hour.
How Much Can I Borrow?
The amount that you can borrow depends on the value of your vehicle. At Car Cash Loans, you’ll generally be able to borrow up to 50 percent of your vehicle’s value.
So, suppose that you own a 2006 Toyota Corolla CE with 60,000 miles on it. Let’s assume that it is in very good condition. According to Kelly Blue Book, this vehicle is worth nearly $11,000. Thus, you could borrow up to $5,500 and use that much needed loan for your veterinary bills and expenses.
How Long Will I Have to Pay It Back?
This depends on which car title lender you go with. Car Cash Loans offers repayment terms of up to 5 years. You could also go with a shorter timeframe, as well, giving you the flexibility to choose a convenient repayment schedule that works for you.
Will There Be a Credit Check?
Car Cash Loans will never check your credit. This is good if you have credit problems, as you won’t have to deal with a rejected loan application like you may at a bank.
Should I Get a Car Title Loan?
A car title loan can be great if you need cash quickly to pay a veterinary bill. Consider such a loan if your pet has urgent health expenses, as doing so could mean the difference between a healthy recovery or more problems.