Emergency bills are no reason to panic, especially when a title loan from Fast Auto Loans, Inc. can help you take care of them. If you’re wondering how useful they could be, you’ve come to the right place.

This short article will help you understand how title loans differ from other loan options. Then, you’ll discover the kinds of emergencies you could use this loan for and how you can get one quickly.

How Are Title Loans Different?

When you’ve got an emergency bill to deal with, and you’re looking for urgent funds, you must consider your options very carefully. That’s why it’s helpful to know how title loans differ from some other kinds of loans. Here are some significant differences to know about this type of loan:

1. It’s A Secured Loan

Firstly, a title loan is a type of secured loan. Secured loans require you to provide some form of collateral to secure any money you’ll borrow. The collateral will also help determine how much you qualify to borrow.

In this case, the collateral you must provide is a lien-free car title. That means the title must be free from any outstanding loans or judgments, and you own the vehicle outright.

 

2. You Can Qualify For Up To $15,000

This loan can enable you to get between $300 and $15,000 in emergency cash in as little time as possible. The exact amount you qualify to borrow depends on your car’s value, which will be determined by a representative.

That person will quickly inspect the vehicle and refer to a nationally recognized price guide. They'll let you know how much it's worth based on factors like the car’s condition, make, model, and year.

3. Your Car Stays With You

Despite using the title as collateral, you can keep your car with you even if the loan is approved. That means you don’t have to worry about finding other forms of transportation or disrupting your daily driving routines.

4. You Can Proceed With Good Or Bad Credit

Another reason title loans stand out is because you can proceed even with good or bad credit. You’ll go through the same process as everyone else as long as you can meet its requirements.

5. You Can Get One Quickly

A crucial difference that separates title loans from other options is that you can get one quickly. That means it could be useful if you need to take care of emergency bills.

If all goes well and you’re approved, the money could be transferred to you as early as the same day or by the next business day. That means you could potentially take care of your emergency bill with little or no delay.

 

What Kind Of Emergencies Can A Title Loan Help With?

You’ll be glad to know that a title loan is flexible in that you can use it for all kinds of emergency bills. Here are some quick examples:

• Medical: Doctor’s bills from falling sick or suffering an injury.
• Automotive: Mechanic’s bills from having to fix your car.
• Utilities: Overdue utility bills for electricity, water, and more.
• Household: Technician’s bills from fixing your roof, HVAC system, plumbing, or any other part of your home.
• Rent: Overdue rent bills that might lead to eviction if not paid immediately.

These are just some common examples of emergencies that you can resolve using one of these loans. Simply put, if there’s an urgent need for cash that cannot wait any longer, a title loan is an option worth considering.

What’s The Process To Get A Title Loan?

Step 1: Submit The Online Form

Start by filling out the online form with your details. The form will require your name, contact number, ZIP code, and some basic information about your car. When you submit the form, a friendly representative at a nearby location will receive it. Then, they’ll prepare to call you soon after.

Step 2: Work With A Representative

Pick up the phone when the representative calls you. They’ll discuss your financial needs and schedule a meeting with you in person. Bring your required items to the meeting: your driver’s license, lien-free car title, and the vehicle itself for a quick inspection. The representative will help you complete the process to get your loan.

Step 3: Wait For Your Money

If all goes well and you’re approved, you’ll only have to sit back and wait for your money. You could get paid that day or by the next business day.

Get A Title Loan Now!

Don’t hesitate to reach out to Fast Auto Loans, Inc. when emergency bills start appearing in your life. You’re only a few steps away from getting the title loan to help resolve them as soon as possible. As you saw earlier, it all starts with you. Submit the online form as soon as possible to get started. Soon after, a helpful representative will guide you through the rest!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.