If you happen to call Prestamos AZ home and you’re in a situation where you need emergency cash but you don’t have that cash readily available, you may be facing a few challenges. If your credit score isn’t very good, it’s not likely that you go to the bank and borrow the money you need for your emergency. If you don’t have any friends that are willing to loan you the money or you don’t have family members available at can help you out, you may feel like you don’t have anywhere else to turn. Fortunately, if you own a vehicle, you may be able to use that as collateral in order to secure an auto title loan.
These particular loans that can be found in the Phoenix or Prestamos AZ are perfect for people who own a vehicle but are owners of less than stellar credit scores. Whether it’s because of the lost job, a medical emergency, a car repair bill or perhaps you just allowed your finances to get away from you, peoples credit scores have been on average lower than ever before. This makes it difficult to borrow money from banks, but as stated earlier, if you own your own vehicle, you may be able to use ownership of that vehicle in order to get an emergency loan.
All you’ll need to do is fill out some simple information. You can fill out your application for a loan online or you can visit a local office that provides auto title loans. The information is very basic, you won’t have to have your credit score run and approvals can be done in a short as a few minutes. If your loan is approved, thanks to electronic deposits, the money can typically be deposited into your bank account within a few minutes of your approval meaning you could have access to your money virtually minutes after your loan has been approved.
If your credit score isn’t good enough for traditional lending and you need emergency cash quickly, you may be able to use ownership of the vehicle as a way to secure the emergency cash you need. Whether it’s paying a bill, getting your car fixed or visiting a sick relative, these methods for getting emergency cash easy, quick and are available to anyone regardless of your credit, as long as you own your vehicle.
