man curious about his financial options

Bad Credit? No Problem! Explore Your Finance Options

Those who have bad credit may feel stuck with a lack of finance options. The good news is that you aren't stuck as there are alternative financial options still option for you if you live in the State of Nevada. 

Two of those options are applying for a title loan or a payday loan. Both can help you if you find yourself in an emergency and need cash fast. 

Here Are Two Loans That Can Help You Out!

Title Loans 

A title loan is where you borrow money on the value of your vehicle. The vehicle must be paid off and you must be the sole owner listed on the title. Also, the title can't have any liens or judgments against it like a mechanic's lien or a magistrate judgment order. 

Title loans have a couple of advantages for those with bad credit. First, there are no credit checks and private lenders don't look at your credit score during the application process. Private lenders care about you having a regular source of income to pay the loan but typically don't require paycheck stubs or bank statements. That depends on the lender. 

You can keep your car as the title serves as a guarantee for loan repayment. This type of secure loan is available to many with bad credit who would get turned down by a bank. 

Another aspect of title loans is that you can usually draw out a good bit of money which can help if your emergency is expense. The amount you are allowed to borrow depends on the value of your car and your ability to repay.

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Payday Loans

A payday loan is money you borrow against your next payday. These are usually smaller amounts but can be helpful if you need a minor car repair, gas, food, or a co-payment on a medical appointment. 

The full amount of the loan will come out on your next payday but there is no collateral needed. Private lenders who offer these don't check credit scores since the loan is repaid quickly. That makes it a good option for those with bad credit who need some fast cash between paydays. 

A payday loan can help anyone bridge a financial gap until payday but is particularly helpful for those who get paid less often than once a week, like those who get paid bi-monthly or monthly. 

Getting Bad Credit Loans in Nevada

One place for those with bad credit to get these types of loans is Nevada Title and Payday Loans, Inc. This private lender has both title loans and payday loans and has worked with those with bad or no credit. 

Getting A Title Loan

Title Loans can range up to $15,000 and only require three things. They are a driver's license or state-issued ID, a clear title to your vehicle, and the vehicle available for inspection. Typically, that means the vehicle needs to be running, tagged, and insured. 

The process begins with filling out an inquiry form on the website. A loan representative will call you for a location close by. They will provide you with more information and answer your questions. Then, you will bring your required items to the store and meet with a loan representative. 

They will check everything and do a vehicle inspection to determine how much you qualify for. Those who are approved will get money either the same day or the following day. 

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Getting A Payday Loan

This private lender has payday loans available up to $500. To apply for that, you will need a driver's license or state-issued ID, your most recent pay stub, and a black check from an active checking account with your name listed as an account holder. You must be at least 18 years old to apply. 

The application process begins the same way as getting a title loan. You will need to fill out the inquiry form on the website and wait for a loan representative to call. Then, bring your required items to the store for a loan representative to validate. They will guide you through the rest of the process and you will fill out some easy paperwork. 

Those approved will also get fast cash either the same day or the next. Either of these loans has a fast application process that can be done in as little as 30 minutes so both are hassle-free. 

Get Started Today

It's easy to get started looking at your finance options with Nevada Title and Payday Loans, Inc. when you need quick cash. All you have to do is fill out the inquiry form to talk to a loan representative who'll be glad to help you get through the process. 

Filling out the form doesn't obligate you to a loan but it does give you good information. You can use the information to make a decision about finance options that are right for you and that will help you in your situation.

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

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.