How To Get Same Day Title Loans For Urgent Expenses You Can’t Afford?

It’s harder than ever to save money due to inflation and increased living costs, which makes it more difficult to have an emergency fund ready for when disaster strikes. Urgent expenses, such as overdue bills, medical expenses, and auto repairs, can feel like a weight around your ankles, but Wisconsin title loans can provide quick financial relief.

In this guide from Wisconsin Auto Title Loans, Inc., learn how same-day title loans can help you pay for emergency expenses. We will review Wisconsin title loans and how you can get same-day approval.

What Is A Title Loan?

Title loans are for those who own a vehicle with a lien-free title and need money for emergencies. When an emergency expense comes up, you can use your car title as collateral for this loan. Borrowers can receive up to $15,000 in emergency cash with a Wisconsin title loan at Wisconsin Auto Title Loans, Inc.

Don’t worry, you can keep your car even after getting the cash, and it’s easy to get through the process of getting same day title loans with us. You can get approved the same day you apply and receive quick emergency funds to handle your urgent expenses.

What Financial Emergencies Can You Pay For With Same-Day Title Loans?

The recent Bankrate annual emergency savings report indicates many American adults are in a tough situation with their emergency funds. About 59% of US adults are uneasy about how much they have saved for financial emergencies.

34% of people aged 28-43 have no emergency savings at all, making it harder for them to afford urgent expenses when they come up. These financial emergencies can threaten your financial future, but a Wisconsin title loan can help you afford these expenses.

The following are some financial emergencies you can pay for with a same-day title loan:

1. Overdue Bills

The most common urgent expense people face is overdue bills, which can include their utility bills or rent/mortgage payments. Not being able to afford these expenses can come as a result of losing your job, getting your hours reduced at work, or having too many other expenses to handle as well.

For example, you may have had enough money to pay the rent at your apartment with a full month’s worth of paychecks from a 40-hour workweek job. However, your job has cut your hours to 32 hours unexpectedly, and your rent is due in one week. You don’t have the time to adjust your budget to account for your reduced wages or get a side hustle to supplement your income.

This is where a same-day title loan can help. You can get approved for emergency cash the same day you apply and receive fast cash to pay for your rent. This can help prevent getting evicted and provide you with time to change your budget to account for your new financial reality.

2. Medical Expenses

An unexpected expense that can arise out of nowhere is medical bills. No one plans to get sick or injured and need to spend time at the hospital, but it can happen. While many people will have insurance to cover a percentage of the cost, it may not cover the full hospital visit.

For example, you may have gotten into a car accident and need surgery to heal a broken leg. You may have Personal Injury Protection (PIP) insurance that covers 80% of your medical bills, but what about the other 20%?

Wisconsin title loans can help by providing emergency cash based on the value of your car. You can pay for the rest of your medical bills and focus more attention on your recovery than your financial situation.

3. Home Or Auto Repairs

You may also have to pay for home or auto repairs unexpectedly, which can cost a lot of money. Your car can break down over years of use, and you will have to replace parts to keep your car working properly. Your home can also sustain damage that can make it hard to live comfortably, requiring you to pay for home repairs.

For example, you can get a flat tire, or your heating system can break down. Without a tire, you can drive your car properly. Without a properly functioning heating system, winters in Wisconsin will be unbearable.

Both of these can cost a lot of money most people won’t have just lying around, and it’s urgent you pay for these expenses to be able to continue living your life as normal. Wisconsin auto title loans can help provide fast emergency funds to quickly pay for auto or home repairs so you can continue to drive your vehicle and live comfortably in your home.

4. Unexpected Travel Costs

There may be times when you have to make unexpected travels, such as for a family emergency or a work event. Paying for a flight, rental car, and hotel room on such short notice can be tough for those who have not saved money in an emergency fund.

However, not traveling because of money should not be something you worry about, especially for a tragic event like visiting a sick loved one. Same-day title loans can allow borrowers who have paid off their vehicles to receive emergency cash the same day they apply or the next business day to pay for the full cost of their trip.

Requirements For A Wisconsin Title Loan

One important thing you should know to get through the title loan process is the list of the required items. Without these items, we won’t be able to determine if you qualify for approval. Thankfully, you only need a few items to get same-day approval for title loans.

The following are the required items necessary for a Wisconsin title loan:

• A state-issued photo ID: When it comes to getting a loan, we are legally obligated to make sure you are at least 18 years old. Minors are not legally allowed to take out this kind of loan. To prove your age, we ask you to bring your driver’s license or a state-issued photo ID to the meeting.
• A lien-free title to your vehicle in your name: A lien-free title means that your car has no outstanding loans or judgments against it. This means you own your vehicle outright and don’t owe any money on it at all. Your title must also be in your name. If your car title is under someone else, you need to visit the local DMV office and have it transferred to your name. 
• Your vehicle for inspection: The value of your loan – up to $15,000 – will be based on a nationally recognized automobile pricing guide and your car’s condition as determined during the inspection. When our representative is looking at your car, the factors they use to determine how much you’ll get from your same-day title loans are its year, make, model, mileage, and condition.

The Process For Getting Same-Day Title Loans In Wisconsin

Paying for urgent expenses with title loans is easy with Wisconsin Auto Title Loans, Inc. We have a straightforward and fast process for getting approved for title loans, allowing you to get same-day approval. You only need to complete a few simple steps to receive your emergency funds.

The following are the steps involved in the Wisconsin title loan approval process:

• Fill out our online inquiry form
• Answer a phone call from one of our loan representatives
• Decide on a location for the in-person meeting, such as your home, work, or a Wisconsin store location
• Gather your required items and head to the meeting place
• Have the loan rep verify your required items and inspect your vehicle’s value to determine how much you can borrow
• Sign loan documents
• Receive your emergency cash the same day or the next business day

Apply For Wisconsin Title Loans – Get Approved For Up To $15,000 Today!

You can pay for urgent expenses with title loans when working with Wisconsin Auto Title Loans, Inc. We allow borrowers of all credit types to get the cash they need when facing a financial emergency. Same-day title loans are one of your options for gaining instant funds of up to $15,000 to help avoid late fees and service disruptions.

You can complete the title loan approval process with Wisconsin Auto Title Loans, Inc. online. Start the process today by filling out our simple online form, and you will hear over the phone soon from a loan representative who will guide you through the approval process.

 

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