Why People Are Getting An Online Title Loan During The Holidays
November 23, 2021 | Louis Tully
While at first glance it may seem that getting an online title loan isn’t the best choice during the holidays (most financial experts certainly seem to claim so), there can be multiple benefits that have people going back year after year. Let’s take a closer look at them.
How You Can Benefit From Online Title Loans This Holiday Season
1. Getting An Online Title Loan Allows Them To Deal With Christmas Emergencies
Winter holidays often come with emergencies. Those living in 4 season climates and severe winters may wind up getting to emergency rooms with injuries caused by slips and falls. Others get injured while decorating their Christmas trees and fixing decorations on the higher branches. A survey showed that almost 2.6 million people have fallen while putting up decorations and using unstable chairs.
While most of their funds go to Christmas celebrations and gifts, people couldn’t care less about having no emergency fund around this time. And once they are hit by an emergency and realize that their budgets have been wasted for fun, they resort to online title loans.
2. It Allows Them To Pay Bills On Time
Like was mentioned before, Christmas can squeeze money out of you and empty your wallet in no time, and you won’t even notice how it happened. And if you have bills to cover (insurance, utilities, rent) while your pockets are empty, you may end up celebrating Christmas without electricity altogether – no Christmas lights, no fun, no music, and even no heater – as all your budget went for decorations and gifts.
Many people who feel like they overspent on Christmas and need to cover major bills get online title loans, because it allows them to pay their bills on time.
3. Online Title Loans Are Fast And Accessible
The most common reason for getting online title loans during the holiday time is that they are an accessible option that works on short notice. Those who have tried getting bank loans know that it is nearly impossible to get approval if you apply around the holidays due to long waiting periods as well as high credit requirements. Online title loans can be an alternative if you need cash ASAP. The minimal requirements and short waiting time allow people to get access to funds that they may urgently need around Christmas time.
Should I Get An Online Title Loan During The Holidays?
As with any other debt, getting an online title loan is only ever a good idea if you’re responsible for it.
It doesn’t have to be a do-or-die situation, you can get a loan even if you’re not handling any emergency expenses, and just want to finance traveling to your family, gifts for your kids, or – as we mentioned above – simply don’t want to spend Christmas crunching numbers.
But you do need to keep in mind that it's money you’ll have to repay down the line. And you need to make sure you’re borrowing the amount you’re comfortable repaying. Don’t over-borrow, be smart, and yes, getting an online title loan will benefit you in the end.
How To Get An Online Title Loan
You’ll need a valid state-issued ID/Driver’s License proving you’re over 18, your car for inspection, and the car’s lien-free title in your name to act as collateral.
If you’ve got all the qualifying items, just submit an online request form to our website. The form will send your information to the nearest location, and after it gets processed, a representative will give you a call with further instructions.
They’ll set up a meeting with you, to which you’ll need to bring the required items. The representative will inspect the car and assess the documents to determine if you qualify for the loan and on what terms (the max loan amount, repayment terms, etc.). If they approve you, you’ll get the cash not long after.
Get Up To $1,400 With An Online Title Loan Today!
With our straightforward easy process, you can be done will the application process in as little as just 30 minutes. If you get approved, you’ll receive the cash on the next bank business day at the very latest. Cover your expenses comfortably with cash title loans offered by Cash Cow in Louisiana and enjoy your holidays without any stress!