Own Your Car? Here's How You Can Use it to Get Financial Relief in Louisiana

July 27, 2020 | Mason Roberts

Man counting title cash from Cash Cow Louisiana.

Need quick cash during a financial emergency? Do you own your vehicle and have the vehicle title fully under your name? Then you could potentially get up to $1,400 in speedy cash in as little as half an hour at your nearest title loan location. Unlike many other ways of getting temporary funds like applying for a credit card, a title loan has a couple of advantages that make it potentially one of the quickest ways to get cash for your car title in Louisiana. For one, you can get approval for funds even if you do not have good credit. If you need a title loan near you, then Cash Cow could have a convenient nearby location available.

A significant stipulation for many unsecured loans is your credit score as that is how many decide if you should receive funds and for how much. However, title loans are secure loans that use your vehicle as collateral instead. That means depending on factors like the resale value of your car, you could be approved for a max title loan of up to $1,400. You also do not need to worry about your title loan being reported on your credit score if you are worried about losing points due to applying.

Advantages of Getting Title Loans in Louisiana

Other loans like payday or bank loans typically require a couple more forms of information. Payday loans in particular also provide lower amounts for shorter periods. Bank loans can provide lots of money but are much harder to get approval for. Banks intend these forms of credit to be more long-term and for other uses like debt consolidation. The main reason you'll be denied approval for either of these forms of credit is because of a lack of credit history or a low credit score. Unless you have time to spend months raising your credit score then you will most likely not get a payday or bank loan. Getting approval does not need to be a stressful guessing game. If all other options fail, then a title loan allows you to use your car to get quick cash. Cash Cow, Inc. in Louisiana could get you a max title loan of $1,400!

What Can I Use my Funds For?

Cash Cow Louisiana get up to $1,400 in title cash.

Getting a loan can be a big decision that helps your financial situation. You can use your funds for whatever you want but certain common reasons including unforeseen debts or charges. Besides that, there can be numerous reasons you need cash as soon as possible such as:

  • Home or vehicle repairs
  • Medical emergencies
  • Avoid late fees and additional charges

Home or Vehicle Repairs

the common reason that to get a vehicle title loan is for home or vehicle repairs. if your family relies on multiple vehicles one requires immediate repairs then a title loan it can help you get those repairs done as soon as possible. Since you get to keep your car during your loan you do not have to worry about not having access to one of your vehicles. Home repairs can be equally as important. If you have sliding glass doors then replacing one that may have broken can cost hundreds of dollars. Rather than leaving an ugly tarp up covering a hole in your home, you can instead get a loan and hire someone for repairs immediately.

Medical Emergencies

Medical emergencies or something most people do not consider every day. All it takes is a non-attentive driver to miss a stop and potentially injure someone. If you are now stuck with expensive hospital bills or require funds for medication or treatment, then getting a loan is maybe your best option. Not getting proper treatment can lead to more expensive issues in the long run. Avoid skipping out on beneficial treatment or medication by ensuring you have the funds with a title loan.

Temporary Financial Relief from Bills and Debt

If you find yourself behind some old debts, then you may end up with additional charges or late fees. To avoid paying additional fees, you get a title loan to cover the amount. This gives borrowers extra time by allowing them to lay off upcoming bills, avoid late fees, and relay their title loan at later date. Late payments can impact more than your wallet. If a debt is linked to your credit report, then even being a day late can negatively impact your score. You could use your speedy title loan funds to avoid late payments and costly fees.

Find Your Nearest Louisiana Title Loans Store Today

Getting a vehicle title loan in Louisiana can be quick and simple. You do not need a driver's license or even a bank account to get your funds. Borrowers only need to bring their vehicle title, the vehicle itself, and a valid form of ID. When compared to the credit limitations of other loans, it is clear that a vehicle title loan is the most accessible and quickest for car owners. Don’t hesitate to turn your car in quick cash today. You can get up to $1,400 today with a title loan in Louisiana. You can also apply for a payday loan between $100 - $300 at Louisiana Title Loans, Inc., today.

Getting a vehicle title loan is fast and simple. You do not need a driver's license or even a bank account to get your funds. Borrowers only need to bring their vehicle title, the vehicle itself, and a valid form of ID. Valid forms of government ID can be a driver's license or even a State ID. You can also contact a Cash Cow representative online or by calling your nearest Louisiana title loan store to help answer any questions you may have.

Louisiana Cash Cow blog writer blurb.