Top 5 Reasons For Getting An Online Car Title Loan

People turn to an online car title loan for various reasons. Whether they need to pay for unexpected medical or veterinary treatment, make utility payments, or fund urgent travel expenses, online title loans can provide a convenient solution. While you should never make financial decisions in a hurry, you can get up to $15,000, without ever visiting a loan store, as soon as the next business day with this lending type.

But let's explore a few situations that justify a car title loan online. After all, not everything qualifies as an emergency expense!

5 Situations That Justify Title Loans 

You should never use vehicle title loans to fund shopping sprees, gifts, impulse purchases, vacations, weddings, or unnecessary items. However, the five circumstances that justify the use of a car title loan are listed below:

1. Paying For Emergency Home Repairs

From mold-filled attics to cracked front doors to leaky roofs, just about anything can go wrong in a home. Naturally, when that happens, it will cost money to make the repairs.

Without the necessary cash, you risk damaging your home's structural integrity and your loved ones' safety. Therefore, title loans may be useful. Depending on the value of your vehicle, you can borrow up to a whopping $15,000, which should be more than enough to repair the problem.

Several common emergency home repairs title loans have funded are:

• Electrical problems like extremely hot outlets, dead outlets, flickering lights, and damaged wires
• Heating issues like sky-high energy bills and pooling around the furnace
• Water heater problems were discovered due to bad-smelling water, strange noises emanating from the heater, and rusty-colored water
• Gas leaks discovered due to bubbles in standing water, foul-smelling odors, and dirt in the air
• Pests found because of damaged wooden structures, wall and wire damage, droppings, and unusual bug bites on the skin
• Water pipe problems like moisture on walls, cloudy water, and little to no water pressure

2. Covering Unexpected Medical Bills

Medical bills are often unforeseen and expensive, especially if you need surgery, rehabilitation, or serious treatment. Even with great health insurance, you still need to pay the deductible, which can be relatively costly. Thankfully, you can use an online title loan to cover the expense if you have no other funding options.

Generally speaking, medical insurance (regardless of how great it is) won't cover the following treatments:

• Brand-new medications or products
• Fertility treatments
• Cosmetic procedures
• Off-label prescriptions

3. Funding Urgent Travel Costs

Going on a dream vacation sounds amazing, but not all travel is for fun. You may have family out of state that has fallen sick and needs help, or worse, the death of a loved one that requires you to fly out on the next available flight. Same-day flights are notoriously expensive, and not many people have that kind of money lying around. However, when it is a life-or-death situation, you need the funding to travel. Many people have used to a car title loan online to take the financial pressure off their urgent travel needs.

Unlike traditional loans, title loans have a straightforward and fast process. You can be approved with just a few requirements in as little as 30 minutes.

4. Paying For Veterinary Treatment

When things go wrong with our furry friends, we want the best treatment for them as quickly as possible. Unfortunately, this tends to come with ultra-high price tags. Luckily, you can use a title loan online to cover these costs if you do not meet the credit requirements for other lending options.

You may also find a non-profit organization offering assistance with severe veterinary treatment, depending on the type of medical work needed. While time may be of the essence for your forever friend, you should always know your options beforehand.

5. Making Utility Bill Payments During Tighter-Than-Usual Months

Finally, if you're short on cash and unable to make your utility payments due to an unexpected expense, you can apply online for a title loan to stay afloat. Just remember that you shouldn't use this type of loan to fund long-term financial issues.

This loan option should be used when the lack of funds will cause the situation to worsen. For instance, if non-payment will cause eviction or disconnection of services, it would be in your best interest to seek out a title loan.

If you’re too busy to visit a loan store to get started you can use At Home Title Loans to connect with a licensed lender in your area for an online auto title loan.

Using An Online Title Loan To Deal With A Financial Emergency

If you're struggling to make ends meet due to an emergency, you can make up the difference with an online title loan. Our team will connect you with a licensed, direct lender in a matter of moments. Simply follow the steps below to begin the process:

1. Use the secure inquiry form through At Home Title Loans to submit your request. Once our team member receives it, they will connect you with a licensed vendor that employs title loan specialists.
2. One of the title loan specialists will then give you a call to verify your information, and answer any questions you may have. At this stage, they'll set up an appointment for you to meet at a location of your choice. There is no reason to visit a loan store when applying for an online title loan but if you prefer to meet at a store location simply choose a traditional title loan instead.
3. Be sure to bring your vehicle, lien-free car title, and valid government-issued photo ID to that meeting so there aren’t any delays in the loan process.
4. Wait while the loan associate verifies your information, confirms the VIN, and assesses the value of your vehicle with a quick inspection to determine the amount you can borrow.
5. If you're happy with the amount offered, you will receive an email with the loan packet. You'll need to provide an e-signature accepting the terms of the loan.
6. Last, the money will be deposited into your bank account on the same or the next business day.

Submit Your Online Car Title Loan Inquiry Form Now!

If you find yourself in one of the situations described above and have no other options to get cash ASAP, it’s time to start looking at a car title loan online – and that’s where At Home Title Loans can help.

No matter your emergency, we can connect you with a licensed vendor, and get your car title loan online as soon as today. All you need to do is complete the secure inquiry form on our website and a loan specialist will call you soon after!

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