When financial troubles arise, it often feels like options are limited. With studies showing that most Americans have only around $400 in savings, managing daily expenses like food, rent, and healthcare can be challenging. However, one viable solution to consider is a title loan. Title loans can provide fast cash relief by using your car as collateral. Let's explore how title loans work and why they might be the right option for you.

Title loans are a quick and effective way to secure the cash you need by using your car as collateral. In Arizona, you can borrow up to $15,000 depending on your car’s value. Here are some key points about the process:

1. Keep Your Car: You continue driving your car while the loan is active.
2. Online Application: Start the process online by filling out a simple application. A representative will contact you to guide you through the next steps.
3. Fast Approval: Often, you can receive your cash within 30 minutes of visiting a title loan store location.

The Title Loan Starter Guide

The idea behind a title loan is simple: your car is used to secure a loan. In the state of Arizona that can be up to $15,000 depending on the condition of your car. A few important things to know about the process:

• While the value of your loan is secured by your car’s title loan, that doesn’t mean you stop driving your car or using it normally for the duration of the loan. While your loan is still extant you can drive it as you normally would for work, school, or errands.
• You can start the process online. Simply fill out the application at the top of the page with your personal information and one of our representatives will give you a prompt call back to walk you through the process and what you’ll need. If you have any questions after reading this article, this is a perfect way to have them answered.
• The title loan process is fast. Very, very fast: often within 30 minutes of walking into a title loan store you can be walking out with your cash in hand. This is immensely useful if you need the cash to deal with an emergency where time is of the essence.

What Can You Use a Title Loan On?

You may already know what you want, or need, to spend your title loan on, but if not, here are the three main categories that title loans are generally used on.

• Emergencies. This covers everything from emergency room visits to car accidents to housefires. Title loans are ideal for dealing with emergencies like these because of their speed: in an emergency situation you don’t have time to go take out a loan from a more traditional institution. You need money, and you need it with a minimum of work so that you can focus on fixing the situation at hand.
• Preventative action. The thought process behind this is simple: a penny of prevention is worth a pound of cure. Most of the full blown problems we face in life are actually generally avoidable if caught early enough and before they gain their full blown status: brush your teeth to avoid cavities, eat healthy to avoid heart disease, and tie your shoes not to trip over your laces. A title loan can thus have an outsized impact if used at the right time.
• Investment. More than just preventing problems from occurring in the future, investing is a way of actively planning for your future and taking your life into your own hands. Maybe you have a hot tip about a certain stock, maybe you found an incredible deal on a new car. Either way, a title loan can give you the cash to take advantage of the opportunity and improve your future.

A Title Loan For All Seasons

Title loans offer a fast, versatile solution to financial challenges. Whether you're facing an emergency, planning for future expenses, or seizing an investment opportunity, a title loan can provide the fast cash you need. Visit one of our title loan store locations or start the process online today for immediate assistance.

If you have any further questions or concerns about the title loan process, just complete our online request form, where a representative of our will guide you through the process. Alternatively, if you feel confident, drive down to one of our stores and we’ll get you the cash you need.

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