man in a personal financial emergency

What Are Examples of a Personal Financial Emergency?

A personal financial emergency is any private money situation that directly affects your ability to fulfill important needs. It's a serious scenario that can get out of hand quickly if it's not managed properly. Therefore, it's important to know the signs so you can stop problems in their tracks.

We all face money problems from time to time. And even the most responsible financier hits a brick wall now and then. But what if you could prevent cash flow issues with a simple three-step process? As it turns out, you can. And here's what you need to know to do it, starting with some common signs of trouble.

Examples of a Personal Financial Emergency

Not sure whether you're facing a personal financial emergency or not? See if any of these signs describe your current situation:

1. Possibility of Eviction

Are you behind on your housing payments to the point that you're facing possible eviction or foreclosure? If so, now might be the perfect time to start looking for alternative funding options.

2. Towed or Damaged Vehicle

Has your car been towed or in an accident? Do you need some basic repairs to maintain the status quo in your life? Answer yes to either one of those questions, and you may be in a personal financial emergency.

3. Job or Income Reduction

Has the tanking economy affected your employment prospects or earning potential? Do you feel like you can't catch up even if you tried? That's when you know there's a major problem with your finances.

4. Illness or Injury

Accidents happen all the time, but being sick or injured doesn't help your bottom line. Have you become ill recently or suffered an injury that prevented you from working? That probably hurt your bank account quite a bit.

5. Late Legal Fees and Court Costs

Being late on your court costs and legal fees can have major consequences depending on the situation. So, are you facing possible incarceration because of your finances? Do something about it before it's too late.

6. Lapsed Insurance Premiums

You can't even drive your car in some states if you don't have minimum coverage insurance on it. Even if you own it, the police could impound your vehicle anyway. Get busy to make sure upwardly mobile.

7. Unpaid Tickets

Parking tickets and speeding tickets must be paid on time, or else there are serious ramifications. Do you have a misdemeanor moving violation that may result in a suspended license? That's a personal money emergency for sure.

8. Unexpected Tragedy

Have you recently experienced a death in the family? Perhaps someone you love needs your help. Maybe that person lives far away, which requires you to travel. Either way, you need to be present regardless of what your bank account says.

A personal financial emergency can happen to anyone. That's why using title loans online is such a wise move for some consumers. It helps them make ends meet during unplanned occasions without ruining their credit scores in the process.

4 Steps to End Your Personal Financial Emergency with Title Loans Online

Woman applying for at home title loan

Today is the day you end this personal financial emergency once and for all. Believe it or not, you could be out of the hot seat in as little as 24 hours with easy title online loans - as long as you can follow these three simple steps, that is:

1. Create a Budget to Determine Your Needs.

Figure out how much money you'll need to solve your problems as soon as possible, even if that means cutting back a little in various places. Write down your due dates, too, if you can.

2. Begin the Process Online or over the Phone.

Once you know what's required to fix this, start by calling At Home Title Loans or submitting a short intake form on the website. An agent will then contact you for more information and to set up a time to complete the process. At this point, he will also let you know how much cash you qualify for and what your monthly payments will be. In most cases, you don't even have to get off the couch to get paid with title loans online.

3. Provide the Info Needed for Approval.

When you're ready to finish up, gather the following items and then meet with your At Home Title Loans agent with the following items:

  • Your driver's license or a government-issued photo ID
  • The lien-free title to your vehicle
  • The vehicle itself for a quick inspection

4. Sign Papers and Get Your Cash

After a quick inspection of your vehicle, you’ll be offered to sign a few papers. The rest of the loan documents will be sent to your email. After you sign them and send them back, the money will be deposited directly to your bank account the very next business day.

Submit Your Inquiry Today!

You are in a personal financial emergency right now, but things don't have to stay that way forever. As soon as you get in touch with At Home Title Loans you’ll get a chance to cope with whatever emergency you’re going through by means of completely online title loans that can get you up to $15,000 cash.

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

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.