4 Ways Families Are Using Title Loans For Christmas
November 2, 2019 | By Mason Roberts
“It’s the most wonderful time of the year, with the kids jingle belling, and everyone telling you to be of good cheer, it’s the most wonderful time of year. It’s the hap-happiest season of all, with those holiday greetings and gay happy meetings.
When friends come to call, it’s the hap-happiest season of all. There’ll be parties for hosting, marshmallows for toasting, and caroling out in the snow. There’ll be scary ghost stories and tales of the glories of the Christmases long, long ago.”
How Title Loans Could Help This Holiday Season
You are probably familiar with the song lyrics to “It’s the Most Wonderful Time of the Year” but sometimes it can be hard to live up to its nostalgic message. This is particularly true when you’re short on money.
What if there were an easy way to celebrate Christmas to the fullest? There is when you have fast and easy access to emergency cash with an Arizona auto title loan. For qualified individuals, there are amounts available up to $15,000, regardless of credit history. All you need is a vehicle you own, a few simple documents and as little as 30 minutes.
Here are four ways that families are using auto title loans to make their Christmas brighter:
Spend Less on Presents and More on Paying Off Your Debts
It’s easy to get caught up in buying mountains of presents for your children and other loved ones. This is a beautiful and kind gesture, but if your good intentions and generosity cause you to go into debt, it’s not a good idea.
If you want to create that festive feeling at Christmas, you can do so without spending a lot of money. If you have children, focus more on creating the spirit of Christmas, instead of making it about toys and “things.”
For instance, create memories like writing cards for nursing home residents, decorating the house together, or going Christmas caroling with friends and neighbors. While you create a Christmas to remember with these fun and free activities, you can give yourself the gift of starting the new year with zero balances on your credit card accounts with a title loan.
Come Christmastime, you might feel obligated to give every single person in your life a little something. This kindhearted idea can be done in a number of ways that don’t involve spending money. Instead, try doing something fun together; there are plenty of free activities and events going on during the Christmas season. You can also simply send them a holiday email telling them what they mean to you.
Not only can you practice minimalism in the number of presents you buy, but you can minimize the debts you have left to pay off. By cutting down the number of gifts and people you buy things for, you will have more money to pay off other expenses and debts. Who knows, maybe you will enjoy the holidays more if you aren’t bothered by the stress of racking up credit card bills. It’s certainly worth considering.
Cut Back on Unnecessary Subscriptions and Expenses
If you’re like most of us, you’ve probably experienced making an impulse purchase that you later, or even immediately, regretted. Sometimes these spontaneous buys are a one-time thing, but other times they may be something that continues to drain your wallet, like a monthly subscription service. Cutting this kind of expense could help your wallet out tremendously.
Start eliminating expenses by making an inventory of everywhere your money goes, has gone, or will be going in the coming months. Then, eliminate any subscription service that you no longer need, use or want. This is a fairly easy way to put money back in your budget in the coming year.
Review Your Utility Bills
Another area you could cut your monthly overhead is your utility bills. There are programs you can join through your electric company that are designed to help save you money with free energy audits, insulation and high-efficiency LED lights. You can also decrease your heating, cooling, and water costs by being more mindful of waste and taking steps to conserve. Just simply changing your behaviors can equate to big savings on your utility bills.
Check on Your Coverage
Additionally, you could even renegotiate your car insurance by asking your insurance company what they can do to lower your coverage, deductible, or rates for being a safe driver. You can also easily shop for less expensive coverage online with convenient comparison sites like NerdWallet.com or Compare.com.
Keep an Eye on Your Statements
Be sure to also check your credit card and bank statements to see if you really need a monthly spa fee, so many restaurant outings, or a phone app you no longer use that has a recurring monthly fee. Even if you don’t entirely cut any single expense from your budget, simply being more mindful of your spending habits can yield big savings over time.
How Could Title Loans Help You This Holiday Season?
If you’re considering an auto title loan, one little-known advantage of these short-term loans is their ability to improve your credit score.
While these lenders do not report to the credit agencies or check your credit during the approval process, you can use the funds to pay off numerous past-due bills and debts. In doing so, you take the first important step towards repairing your credit score by getting current on your accounts.