Getting A Title Loan in Arizona During COVID-19
April 28, 2020 | By Peyton Sawyer
COVID-19 has been affecting people in different ways. While the frontline workers are tirelessly trying to test and treat all that have been infected, other essential workers are making food and stocking shelves, we also have those that are working from home, or not working at all. For those of you, who are not working you are most likely facing a financial challenge like never before. With no knowledge of when we will get back to normal, living one day to the next may leave you wondering what to do. When will your unemployment or your stimulus check arrive?
Unfortunately, struggling without an income due to business closures is expected. Many people, like you, are not only stressed about staying safe but also how to pay their bills and feed their family until the stay at home order is lifted. These are desperate times, and it may call for desperate measures. Supporting your family may be difficult right now, but all is not lost. People are using title loans Avondale to get the extra cash they need during COVID-19. Taking out a title loan in AZ may not seem like an ideal solution, especially when you are worried about paying bills, but it may be a necessary solution.
What Is A Title Loans?
A title loan is a short-term loan option that requires an asset to be used as collateral for approval. With this type of loan, the asset used as collateral is a vehicle. Basically, if you own a vehicle with a lien-free title, you can cash in on the value of that vehicle to receive the money you need.
Qualifying for a car title loan is often easier than qualifying for a traditional loan from a banking institution. Approval for this type of loan does not require a lengthy approval process, cash can be received the same day you apply. As an added bonus, you are able to keep your vehicle while you make payments on the title loan cash you receive. You are only asked to supply the lender with your lien-free vehicle title in exchange for the title loan cash you are approved to receive.
How to Get A Title Loan in Arizona
You can request title loans Avondale from the comfort of your own home by using the quick online request form provided by Southwest Title Loans. After completing the online request form, a representative will call you to confirm the information that you have provided. During that call, the representative will also explain the easy requirements needed for title loan approval and answer any questions you may have about the process. With several store locations throughout the state of AZ, it should be easy to find a location in your area.
Required Items for Southwest Title Loans:
- Valid driver’s license
- Vehicle title in your name
- Proof of income
- Proof of residency
How Can Title Loan Cash Help During This Pandemic?
Whether you apply for a title loan because of the COVID-19 pandemic or for any other reason, there are never any spending restrictions. You can use the cash you receive however you see fit. That means if you need to pay a bill, cover medical expenses, make a repair or a purchase, or even buy food and supplies during these trying times, you can do so with the help of title loan cash.
Worrying about when they stay at home order and business closures will come to an end, will not provide the financial relief you need. Getting money to stay afloat will. By taking matters into your own hands with title loans Avondale, you can ease your financial burden in no time at all. With just a few simple requirements, as well as a quick inspection to determine the value of your owned vehicle, you can receive much-needed cash to handle any expenses you have while we try to overcome this pandemic.