How A Title Loan Could Help Around The Holidays

December 9, 2020 | June Mckaig

title loans money holidays

Holidays are the most festive and cheerful time of the year because people get to take a break from work, celebrate occasions, and travel. The season is accompanied by a lot of spending. In fact, the average American spends around $1000 on gifts, decorations, and food during the holidays. Travel and other expenses aren’t even included in this, and they cost a lot too.

And what if, amidst an already expensive season, emergencies happen?

The last thing you’d want is for that holiday cheer to be consumed by financial stress. Since the season is already so draining on your pocket and you’re not normally earning at that time, the financial pressure can double up – especially if an emergency pops up. Not everyone has a little fortune saved up either.

What can you do than to arrange urgent cash during the holidays? If you own any kind of vehicle you can take out auto title loans in Nevada!

What Are Title Loans?

Title loans are loans you get by giving your car title as collateral for the duration of the loan. They are short-term loans, usually lasting for a month. To get a title loan you only need to own a vehicle and its original title with no liens on it.

Nevada Title And Payday Loans provides practical payday loans and title loans that can help pay for emergency expenses – especially those that pop up around the holidays. Taking out a small loan and working a little extra to pay it back is a better option than selling off your car or valuable belongings permanently.

What Can You Pay For With A Title Loan?

Home And Auto Repairs

Is there something broken around the house that needs immediate attention? Or maybe your car needs some repair work. Both home and car maintenance are expensive and can set you back financially. Unless you have already been budgeting religiously to prepare for these circumstances, you will find yourself struggling to gather money for repairs during the holidays.

Medical Bills

Even the smallest medical expenses can leave you gasping for breath financially. You need a way to cover medical bills if you or someone in your family gets hurt or falls sick during the holidays. Many surveys have revealed how high medical costs, especially in COVID times, are disrupting people’s holiday spending. One survey by Aflac shows that people are cutting holiday gift-giving in half.

Unemployment

Even if holidays are a time for joy and celebrating, people can still experience sudden unemployment. And no matter when it happens, that can be a very stressful time. If you find yourself without a job, a title loan can help pay for things like groceries, utility bills, mortgage, or rent. Basically, you can use it to help keep you afloat and prevent your finances from dipping too low.

Travel

When I say traveling, I don’t mean the regular traveling you’ll probably be doing during the holidays. Title loans aren’t supposed to be used for frivolous activities like that. What I mean is any traveling you have to do because of an emergency. So any family illnesses or other medical emergencies are all possible with the help of car title loans.

Costs of traveling, especially long-distance travel or foreign travel are very high. Taking out a title loan can help you meet travel costs, especially when you are in a hurry. 

holiday title loans emergencies

What Makes Title Loans A Great Option?

They Don’t Look At Your Credit History

You could get a title loan even if you were unemployed or have had a bad credit history. Our title loan associates at Nevada Title And Payday Loans work with all kinds of credit – good, bad, or nonexistent. There are very simple requirements too. You don’t need all that hassle to spoil your holidays.

You Can Get The Money Today

Our title loan process is so convenient, you can get your cash on the same day you apply – so long as you get your approval. If you apply today, you can get your money in a matter of 30 minutes. This is also a great relief when you have to solve your emergency as soon as possible.

The Process Is Simple And Convenient

We here ask for your original car title document, not the car itself. You are allowed to drive your car wherever you need for the term of the loan. As long as you stick to the repayment schedule, you are fine to keep your vehicle. Holidays usually involve a lot of travel, so don’t worry, your car isn’t going anywhere.

How To Get Title Loans Near Me?

As I said, Our process is simple, fast, and convenient! Just follow these steps and you'll have your hands on your cash in no time – if we can approve you.

  • Fill out the online form on our homepage today. We offer multiple loans so make sure to select ‘title loans’;
  • Wait for a loan associate to give you a call. The loan rep will go over the necessary items you have to bring with you and answer any of your questions;
  • Head over to a title loan center all around Nevada to finish;
  • We will go over your necessary items, see if you are approved, and discuss the terms in detail;
  • Please do not forget the required items for the loan;
  • We will do a quick vehicle inspection to determine how much you qualify for. If you are approved and agree with the terms, you can sign the paperwork;
  • Once everything is signed we will hand you the cash. You are free to go about your day.

When you run into emergencies during the holidays, just remember to keep title loans in Nevada as a viable option.