There are a number of emergency situations that can suddenly occur when you are the least prepared. Perhaps you get a call in the middle of the night that a relative is seriously ill, and they live many miles away. Naturally, you will want to be there to show them support. However, you may be short on cash. This can be quite stressful. There is a solution. A short-term loan on your vehicle can help.
Getting the Cash Needed Quickly
A title loan is one of the fastest ways of getting cash, so you can do what you need to do in a hurry. There are only a few requirements such as your driver’s license, proof of insurance, registration, vehicle title in your name, and proof of your income. Some companies might require more, but this is the basic information needed to get you the cash that is needed. One example of a company offering Cash loans in Jacksonville, FL is Auto Acceptance Corp. Title Pawn.
If you have less than perfect credit, this can be a way to get a loan to help with your emergency. This is because title loan companies do not check your credit like a typical lender. Your vehicle is collateral for the loan, and you do not have to leave your car with the title loan company. You can continue to drive it while paying off the loan.
When Time is of the Essence
Another benefit is you do not have to wait for a week or more. Even if you qualify for a loan through a loan company, you still have to wait for them to process the application, make a decision, and contact you to tell you that you are approved.
When you have an emergency, you don’t have time to sit around and wait on a loan company. You need the money immediately. Whether you need to travel, fix an appliance or something else that breaks down, or pay a utility before it is disconnected, you can have the funds needed quickly.
The amount that you can borrow will depend on the make, model, year, and condition of your vehicle. As a way to get cash that is needed for your emergency, a title loan can be an option that you might want to consider.