Many of us are struggling for money during these times. Between hard economic times, plus bills from the holiday season arriving, it can be easy to feel financially inadequate during this time of year.

Some people might turn to credit cards or bank loans to get through the rest of the year, but this isn’t always the best decision. A great alternative could be a car title loan. If you only need some cash short-term, title loans are faster and easier to deal with than a traditional loan or a credit card.

What is a Car Title Loan?

If you own a car and need fast cash, you can obtain a car title loan. Using your vehicle as collateral, you hand over the title, which will have a lien placed upon it until the loan is repaid. You get to keep and use your car while repaying the loan.

Why a Title Loan is a Better Option

It’s generally a much easier process than a bank loan. For a car title loan, you only need to bring in the required materials, get approval, receive the check, and then go on with your life. It’s that simple. You can be in and out in 15 minutes.

No Credit Check

Many car title loan lenders don’t do credit checks, so you don’t need to worry if your credit score is low. Because you use your car as collateral, and no one wants to lose their car, no credit checks are required. Plus, when a bank runs a credit check, whether the loan is approved or not, that check can negatively affect a credit score.

Required Documents

To obtain a car title loan, you only need to bring your car title, registration, driver’s license, most recent pay stub, proof of address, and Social Security card. It’s a much easier process than obtaining a traditional loan.

Cash Fast Loan Centers

You won’t be chained to a car title loan for years. Most lenders offer short-term loans allowing you to pay the loan off quickly, so you aren’t stuck with it forever. Cash Fast Loan Centers understand that unexpected expenses arise suddenly, so we’ll work with you on a repayment plan that suits your needs. Check us out today.