How To Handle A Financial Emergency

July 8, 2021 | Emma Frost

handling financial emergency

No person is ever safe from being hit by a financial emergency. That’s why it’s important to have an emergency fund – savings that you can dip into whenever money troubles come knocking.

However, the truth is that the majority of Americans don’t have an emergency fund set up. This is why a large number of Americans wouldn’t be able to cover a financial emergency without some sort of assistance.

But this situation doesn’t have to be bleak. In reality, you have options even when you don’t have an emergency fund. Here’s our short and realistic step-by-step guide for dealing with financial emergencies and getting help from us through car title loans.

How To Handle Financial Emergencies

Re-Adjust Your Budget

First things first, you need to take a good look at your budget and strip it of every dollar that can be allocated to your financial emergency.

You’re going scorch earth this month – everything non-essential should be off the table. Cut the cable, unsubscribe from the majority of your subscriptions, and no eating out. These measures will save you a lot of money.

You should put yourself on a have-not until the financial emergency is solved.

ask for salary advance

Ask For A Salary Advance

If the fund reallocation isn’t enough to fully cover your financial emergency, the next step is to get cash together. Preferably without adding to your financial obligations.

Your strategy should differ based on the prospective deadline.

If your financial emergency needs to be solved in the next few days at most, the first thing you can do is find out if your job offers salary advances and if you qualify. Don’t hesitate to speak to your HR or manager!

This means you’d be getting a smaller paycheck the next time around, but you’ll be able to solve your problem sooner.

If you’re on limited time and this option doesn’t pan out, keep reading on to learn about rapid title loans online.

Get A Side Hustle, Preferably With An Option For Quick Payout

If you have a little more time, say it’s not a medical emergency that needs immediate handling, but something that can wait a few days or a week, you can try to get a side-hustle that pays fast.

Like getting a gig online writing/designing/transcribing, declutter by selling stuff online, or becoming an Uber Eats delivery person.

Depending on how fast you get a side-hustle and how fast you need to handle your issue, you might be able to fix it without having to resort to any other options!

Remember, every extra dollar you make is a dollar you don’t have to borrow.

Consider Wisconsin Title Loans

If your strategies haven’t been able to get you enough cash to cover your financial emergency, you can resort to outside help.

However, instead of asking friends or family for money, you can consider getting a title loan.

The main advantage title loans have is how quick they are – you’d need less than a day to get one at Wisconsin Auto Title Loans, Inc.

This means you can get the cash you need on short notice. So, try the other methods, get at least some cash together, and use the title loans to cover the rest of what you need for your emergency.

Why Consider Wisconsin Title Loans?

Title loans are easy and simple to get, considering the straightforward qualifying requirements and the fast approval procedure.

Wisconsin Auto Title Loans, Inc. for example, welcomes all types of credit and income situations.

As long as you manage to meet the requirements, you have a chance to get approved for the loan even if you have bad credit (or no credit at all, for that matter), or if you’re unemployed.

The requirements are to be over 18, have your own vehicle, and the ability to provide the following items:

  1. A state-issued ID or driver’s license.
  2. Your car for inspection.
  3. The car’s lien-free title in your name to act as collateral.

getting wisconsin title loans

How To Get Wisconsin Title Loans?

Wisconsin Auto Title Loans, Inc. has store locations all over the state. Choose the one you wish to work with on Wisconsin Auto Title Loans, Inc. and submit an online inquiry form to send in your information.

When the inquiry form gets processed, a representative from your chosen location will give you a call to confirm your information and provide further instructions.

Take the required items (the ID/driver’s license, your car, and its lien-free title in your name) to the appointment that the representative sets up.

The representative will inspect your car and assess your documents to determine if you qualify for the loan, and on what terms.

If they approve you, they’ll answer any additional questions you may have and help you with your final paperwork. When you’re done – you get your loan on the same day.

Emergencies Don’t Wait, So We Made Our Loans Quick

When you’re going through a financial emergency, you can use Wisconsin title loans to get the help you need. Submit your online form today to get up to $15,000.