short term vehicle title loan money

What Is A Short Term Loan?

Have you ever needed cash fast, but you didn’t have the credit score to qualify for a loan from the bank — or the time to wait for one? A short term loan from Cash Cow could be an option to help. A payday loan or vehicle title loan from us can provide you with just enough cash to help you deal with an unexpected expense or cover bills in case of unemployment. Plus, these loans come with plenty of advantages and simple processes that you need to know about.

Learn About The Types Of Short Term Loans

If you need quick cash and are looking for short term loans, you’ll be happy to know that we here at Cash Cow offer either a vehicle title loan or a payday loan to help you out. But before you try to decide which loan would be best for you, you have to do your research. The good thing is we’ve broken down both loans so you can make an informed decision. Here’s what you need to know about each of these loans.

man excited about short term money

Payday Loan

When it comes to a payday loan, this loan helps bridge the gap between pay periods when you really need the money. But what does that mean? Well, if you are going through an emergency that needs your immediate attention, this loan can help you handle it right away while you are waiting for your next paycheck to come in. With this loan, you can get $100 to $300 without needing any collateral. However, we will need to assess a few items. The following items are required for this loan:  

  • Driver’s license or state-issued photo ID.
  • Most recent paycheck stub from your employer.
  • Blank check from an account with your name on it.

Payday loans are processed in store, but you can begin by sending your information via the inquiry form on the website. You can also begin the process by calling 1-800-514-2274 and speaking with a representative who can help get started. If you choose the online form, you will get a call from one of our representatives from the nearest store to set up your meeting. They will assess your items and determine if you qualify. If you are approved, you will get your money in one or two days.

Vehicle Title Loan

The second loan available at Cash Cow is our vehicle title loan. This loan allows you to use your lien-free vehicle title as collateral for a lump sum of money. If you are approved, title loans can get you anywhere from $300 to $1,400 based on the value of your vehicle. This means we will have to inspect your vehicle before we can tell you if you are approved. And just like payday loans, we will need to see a few items. You will need the following in order to be eligible for a vehicle title loan:

  • Driver’s license or state-issued photo ID.
  • Lien-free title in your name as collateral.
  • The matching vehicle for an inspection.

The process for these loans can begin either online or in store. If you choose to do an in-person process, simply show up at a convenient Cash Cow location with the items above and we will help you begin. If you choose to begin online, One of our friendly loan representatives will call you to set up a brief vehicle inspection. The meeting can be done at our office or at another location of your choosing. You’ll know if you are approved quickly and you can get the money in one or two days.

holding short term payday loan

Advantages Of A Short Term Loan

If you haven’t had either of the loans above before, you’re probably just as unfamiliar with the various advantages of either of our loans as you are with the application process for either of our loans. The main advantage of getting a short term loan is the speed of either process. Regardless of which loan you choose, the process is quick and easy to get through. And if you are approved for either loan – which you’ll know within minutes – the money is usually processed in one or two business days.

Another advantage of short term loan is ease. If you have no credit or bad credit, that’s okay! We can still determine if you qualify for either loan regardless of your credit. All you need is a few items we’ve discussed and you can apply for the short term loan that best fits your needs. Remember, you can initiate either type of loan online! As mentioned earlier, payday loans require no collateral, and vehicle title loans only require you to surrender the title (not the car) for the duration of the loan.

Is A Short Term Loan Right For You? 

Payday loans and vehicle title loans are fast ways to get money for emergencies, bills, and medical costs. There is very little paperwork, and if you are approved, you could have the money on the same day or the next with Cash Cow. If you find yourself short on money for any reason and just need some help, a short term loan could be the option you need. Feel free to contact us through our online chat, the inquiry form on the website, or by phone to find out which short term loan would work for you.


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

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.