Posts Tagged ‘auto loan’

Use Your Vehicle To Meet An Emergency

If you are in an emergency situation and need fast cash, you are probably stressed out and have been researching different ways to come up with the money. Aside from borrowing money from friends or family members, there are some other ways to come up with quick cash. You can call your credit card company and ask for a credit limit increase. You can sell unwanted and unused items on various online auction and for-sale sites or on social media websites.

If you have property, vehicles, jewelry or other items of value and would prefer keeping the items, you can always obtain a collateral-based cash loan. If you own your vehicle outright, you may be able to secure a title loan to get the cash you need. If you own a car, truck, van, recreational vehicle, boat, watercraft or motorcycle, you may be able to secure a cash loan by using your vehicle as collateral. Many title loan companies will even let you continue to keep the vehicle in your possession while you pay off the loan. If you need cash loans in Jacksonville, FL, you will need to provide proof of income, proof of residency and the vehicle title in your name.

Most title loan companies offer same-day service and loan processing. If you have a medical bill, car emergency, unexpected pet illness or rent due, you will most likely be able to have the cash that you need in your hand immediately with a title loan. The interest rates on pawn and car title loans can be a bit high, so you should only utilize these options as a short-term financial solution. Ideally, title loans should be paid off within a couple weeks to a couple of months. Otherwise, you may find yourself caught up in the payday, car title or pawn loan trap. Car title loans are a safe and fast way to get cash in the event of an emergency.