Avoid Late Bills With The Help Of A Title Loan

We all know how damaging late bills can be. Some of the downsides of missing payments are late fees, reduced credit scores, service disruptions, and eviction. The good news is you can avoid late fees with title loans that can pay you up to $15,000 in Arizona.

This guide from Southwest Title Loans will explain how title loans work and how you can get one to pay for your late bills. Use the information below to help you avoid late fees with Arizona title loans from Southwest Title Loans.

What Can Happen If You Miss Bills?

Failing to pay for your essential bills, such as your rent, mortgage, or utility bills, can have a majorly negative impact on your life. Your landlord or mortgage lender may be willing to work with you if you miss one payment, but multiple instances of missed payments can lead to severe punishments.

The following are some of the issues you can face when missing payments:

• Late fees: Depending on how many times you’ve missed your payment, you can get charged a late fee that can range from $25 to $50 or much more. This adds to your financial stress, as you still have to pay the overdue bill and have this additional charge to worry about.
• Service disruptions: When missing your utility bill payments, you can lose access to some of the services you pay for. This can include electricity, gas, oil, hot water, internet service, air conditioning, etc.
• Lowered credit score: Failing to pay your bills on time can get reported to credit bureaus. A poor record of making payments on time can reduce your credit score, which can affect your ability to get a bank loan for a house or car.
• Eviction: When failing to pay rent on time, your landlord may get sick of it and evict you to get a tenant who can pay rent on time. You can lose your apartment and may need to find a new place to stay when failing to pay your bills on time.

How Can A Title Loan Help You Avoid Late Bills?

Sometimes, missing bill payments is out of your control, as you may have suffered an urgent financial emergency, experienced reduced hours, or lost your job. In this case, borrowers can get emergency cash loans like Arizona title loans to help them afford their bills.

A title loan is a secured loan that allows borrowers who have paid off their cars fully to receive up to $15,000. You use your lien-free car title as collateral, and the amount you can borrow depends on the value of your car.

Arizona title loans are designed to help with emergencies, as you can get same-day approval to pay for urgent expenses. You can quickly get approved for the emergency money you need to pay your approaching payment to avoid late bills.

Title Loan Benefits For Those Looking To Avoid Late Bills

A title loan is one of the best emergency cash loans for this situation because you can get money quickly. You have a specific date when your bills are due, so getting an emergency money loan that takes weeks to get approved for may not be feasible.

A title loan can allow for same-day approval, quickly getting you the money you need. Many other title loan benefits make this loan helpful when trying to avoid late bills.

The following are some title loan benefits for those facing late bills:

• Simple approval process: Unlike traditional bank loans, you will not need to complete an exhaustive process to get approval for vehicle title loans. You only need to complete a few steps that can take less than a day, allowing you to gain fast approval to help with your overdue bills.
• Quick access to funds: Borrowers approved for Arizona title loans will also be able to get their money fast. At Southwest Title Loans, we use direct deposit to get borrowers their money the same day or the next business day. This allows them to use their money to pay their approaching bills ASAP.
• No in-store visit required: When in a financial emergency, you want the process to be as simple as possible. We help you with that by not requiring you to come into a store location. You can get approved for online title loans from your home or office and one of our loan representatives will come to you to verify your requirements.
• Will not affect your credit score: One of the downsides of missing bill payments is the effect on your credit score. You may worry about paying your bills by getting a title loan, which may still have a negative effect on your credit score. At Southwest Title Loans, we do not report title loans to the major credit bureaus, meaning you can borrow money without affecting your credit score.

Is It Easy To Get Approved For Title Loans To Pay Your Bills?

Want to understand how title loans work? Well, one of the advantages you can benefit from is how quickly you can get approved. We here at Southwest Title Loans have made sure to keep the process simple and quick so you can find out as soon as possible if you can get this loan.

You only need a few required items and complete a few steps to get approved. You don’t need to come to one of our store locations to get same-day approval for auto title loans.

What Are The Title Loan Requirements In Arizona?

Do you want a title loan to avoid late bills? Southwest Title Loans can help with our simple approval process, which only requires a few items. You will need a few items that can prove your identity, age, vehicle value, and ownership of a lien-free car title.

The following are the title loan requirements for borrowers in Arizona:

• Your driver’s license or state-issued ID that verifies you’re at least 18 years old
• A lien-free car title in your name
• Your vehicle for a quick inspection

The vehicle title is what we are using as collateral to secure the loan. This means your title needs to be in your name and free of any outstanding liens. You’ll need to make any corrections on your title at the DMV before you come to see us. You also have to make sure you are entirely finished making payments on your vehicle before you can qualify for this emergency cash loan.

Why Choose Southwest Title Loans?

With the right lender, you will have a hassle-free title loan experience and find out if you can get the much-needed cash in the shortest timeframe. We here at Southwest Title Loans have been providing this kind of loan to happy customers for a while.

This means we have representatives who are happy and willing to help you out throughout any step of the process. In fact, you can even chat with us through our website if you don’t want to talk on the phone or come into the store just yet.

What Is The Title Loan Application Process?

With Southwest Title Loans, getting a title loan to pay late bills is easy. In fact, you only have to follow a few steps in order to find out if you qualify for approval. All of this can take less than a day, and you can complete each step from your own home!

The following are the steps in the title loan application process:

1. Fill out a short online form with some basic information. Make sure to double-check the phone number you’re providing, as one of our representatives will use it to call you back. All of your information is kept confidential since we only use it to get you on the right track to complete the process.
2. You will soon receive a call from our representatives, who will go over the required items and answer any questions you may have. They will also set up a meeting for you to either come to one of our Arizona store locations nearest you or have the representative meet you at another location of your choosing, such as your home or office.
3. Whether you meet at the store or another location, you will still need to bring your lien-free title, your driver’s license or state-issued photo ID, and the car. We will inspect the car to use its condition and resale value to determine how much we can lend to you. This in-person process takes less than 30 minutes.
4. If you are approved and you like the amount we can lend you, we will review the loan terms and have you finish signing the paperwork. Once you are done, you can drive off in your car, and you’ll have the money either later that same day or the next bank business day at the latest.

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

Now that you understand how title loans work, you can get approved for one to avoid late bills. With a title loan offered by Southwest Title Loans, you might be able to deal with the issue as soon as today or the next bank business day.

Begin the process today to quickly get the emergency cash you need! Fill out our online inquiry form and hear soon from one of our loan representatives to learn what you need to do to get same-day approval.

 

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