A title loan from Fast Auto Loans Inc can be used to cover a wide range of expenses. Emergencies can happen at any time of the year, but during the hottest months, the chances of certain accidents drastically increase. Heat strokes, urgent repairs of the HVAC, and flea allergy dermatitis in pets are just a few examples of things you might have to deal with in the summer.

In this guide from Fast Auto Loans, Inc., discover how a title loan in Arizona can help with summer expenses. Learn more about title loans, so that you can make up your mind about whether going for this borrowing option is the right decision for you. 

What Summer Expenses Can A Title Loan Help You Afford?

Summer is a great time for rest and relaxation, but financial emergencies can happen even when you’re having the time of your life. It is highly recommended to go for a loan only if there is a very important bill that you need to take care of. Title loans can help during emergency situations during the summer by providing up to $15,000 in emergency cash.

Here are some summer expenses a title loan can help you pay for:

• Home repairs: If it's excruciatingly hot outside, you’ll use your air-conditioning often. This means that the chances of something breaking in the HVAC system will increase. Refrigerant leaks, clogged lines, and electrical problems – all these issues need to be fixed as soon as possible before it’s too late. Some other house repairs that can be qualified as an ‘emergency’ include foundation repair, plumbing services, and electrical repair.
• Medical emergencies: There are plenty of diseases and conditions that can occur in the summer. Dehydration can trigger migraines, high temperatures can worsen multiple sclerosis symptoms, and direct sunlight can have a negative impact on various autoimmune diseases. Furthermore, during the summer, more people pay a visit to the hospital due to heat strokes, severe sun burns, waterborne diseases, and insect bites and stings.
• Veterinarian bills: Pets can get dehydrated, suffer from heatstroke, become infested by various parasites, or even get sunburnt. Outdoor activities can also increase your animal’s exposure to dangerous toxins that they might find in garbage cans or at parties. Emergency vet visits can be expensive, but you can afford the charges with a title loan to ensure your pet gets the medical attention they need.
• Unexpected travel expenses: Using a loan to fund a vacation is a bad idea, but if you need to urgently get to another city or state to take care of a loved one, pay a visit to the hospital, or attend someone’s funeral, a title loan can become a way to get access to the extra cash. You also may encounter surprise costs during a summer vacation, such as from a car accident, and a title loan can help you fund these travel expenses.

What Are The Benefits Of A Title Loan?

When compared to other lending options, title loans offer a few advantages that you might find to be of great importance. Their speed and ease of access set them apart from traditional banking loans and other lending options. You can borrow thousands today, as long as you have fully paid off your car.

The following are the benefits of title loans:

• You’ll get the money fast: An emergency means that you need to get the money quickly. If you decide to go for a title loan, you might receive the much-needed cash the same day or the following bank day. The actual process of taking out a loan won’t take long either. You’re only going to need a few items, and the car inspection and document signing can sometimes be completed in less than 30 minutes.
• You might qualify for up to $15,000: If you have a lien-free title and your car is in good condition, you might be able to receive thousands of dollars if you go for a title loan. That might be exactly what you need if you’re dealing with one of the summer expenses listed above. An emergency room visit, for example, can set you back about $2,700, while HVAC repairs can cost you anywhere between $130 and $2,000.
• All credit types accepted: A title loan is a loan secured by a lien-free title. Such lending options are less of a risk for lenders as they’re backed up by collateral, so your credit score won’t be the main factor determining your ability to qualify for the loan. Lenders pay attention to the value of your vehicle and its condition, which means that you might get approved even with poor or non-existent credit.

The Eligibility Requirements For Arizona Title Loans

One of the other benefits of title loans is the simple eligibility requirements. Unlike traditional bank loans, you will not need tons of documents to get approved. You will only need three required items to get approved.

The following are the required items for title loans:

• A state-issued photo ID with your full name and age printed
• A lien-free car title in your name
• Your vehicle for an inspection

Taking Out A Title Loan: A Step-By-Step Guide

Now that you understand how title loans can help with summer expenses, you can start the process of getting approved. Thankfully, you will only need to complete a few steps to get approved. The title loan approval process can be completed in one day, with some borrowers receiving their emergency cash later that day.

The following is a step-by-step guide on getting an Arizona title loan:

1) Contact the lender: You can fill out an inquiry form, call the company directly, or come to one of the stores. You will need to provide your name, zip code, contact information, and vehicle details (make, model, year, etc.).

2) Talk to a company representative: If you complete a form online, an agent will soon give you a call. The specialist will tell you everything you need to know about the process. You will also go through the list of required items together.

3) Bring your required items to a store: After the phone call, you will need to gather your required items and head to the nearest Arizona store location to get approved in person. A loan representative will check that you have the required items, with accurate information, and inspect your car for its value. This in-person portion should take less than 30 minutes.

4) Take care of the final paperwork: The representative will tell you more about the terms and conditions of the loan and how you can repay the amount. Once you have no more unanswered questions, sign the loan agreement and find out how you can receive the money. Borrowers receive their emergency cash the same day or by the next business day.

Handle Summer Expenses With A Title Loan – Borrow Up To $15,000 Today!

If you decide to get a title loan from Fast Auto Loans Inc., you might qualify for up to $15,000 in only 30 minutes. We welcome all credit, and you’ll only need to bring a few items to get approved. Get the fast financial relief you need for summer expenses with our title loans. Submit your information through our online form and hear soon from a representative to guide you through the process.

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