Need Help Paying Your Electric Bill? How A Title Loan Can Help Right Now
May 28, 2021 | Emma Frost
Sometimes people find themselves in a situation where they need help paying electric bill or another utility quickly. If they don’t do this, their electricity could be shut off, which will incur more costs in order to get it turned back on.
In times of need, it’s important not to accumulate more fees or unnecessary costs associated with past due bills. There are, however, solutions out there that can help you get cash fast to get caught up on your monthly expenses.
If this sounds like you or a loved one need help paying electric bill, we have an easy option that can get you the money you need right now. You can simply apply for a title loan in Arizona.
What Is A Title Loan?
A title loan is considered to be a short-term financial solution that offers assistance in the case of a financial emergency, such as help paying electric bill. This loan uses your vehicle’s title as collateral for a lump sum of cash.
You can borrow up to $15,000 based on the value of your car, truck, SUV, or van. We will simply place a lien on the title of your vehicle as collateral during the duration of your loan. Once you finish paying off your loan, we will release the lien, and your car’s title is no longer used as collateral. The good thing is you get to keep your vehicle while you are repaying the loan.
What Are The Benefits Of Getting A Title Loan?
Most people who get title loans are in need of money very quickly. This is why choosing this route can be beneficial; it gets you the money you need when you need it, like for help paying electric bill.
There are also other benefits, such as:
- You don’t need to be employed to get a title loan
- We work with all types of credit (good, bad, or nonexistent)
- Your loan isn’t reported to any credit agencies
- You have full access to your car at all times
As long as you are at least 18 years old and the title of the vehicle is in your name, you can inquire about receiving a loan for help paying electric bill.
Does Your Vehicle Need To Be Inspected?
Every car that is used to secure a title loan needs to be inspected. This is how we can determine the correct value of your vehicle and get you the money you need for help paying electric bill.
The process is quick and painless; all you need to do is bring your vehicle to the Southwest Title Loans store near you and allow one of the representatives to take a look at your car when they check your title and ID.
What If You Have A Bankruptcy On Your Credit Report?
We understand that some people may have had to file for bankruptcy at some point in their life. However, as long as your bankruptcy has been discharged, you can still apply for a title loan at Southwest Title Loans.
What If More Than One Name Appears on The Car Title?
If you share ownership of your vehicle with a spouse or another family member, the wording on your car title will determine how we can proceed with your loan.
For example, if your car title has the word ‘and’ between the two names on your title, then both people will need to sign for the title loan. However, if the word ‘or’ appears between the two names on your title, then technically, either person or both can take out a loan on that vehicle.
What If You Don’t Own The Car Title?
If you don’t own your car title yet and you’re still making regular payments on your vehicle, a registration loan offers the same quick and easy cash process without the need for a title.
You can easily use your vehicle’s registration as collateral instead. However, if you are only a few payments away from paying off your vehicle, we might be able to work those last few payments into your new car title loan.
Just contact Southwest Title Loans to see if you qualify. You can also visit us online to start the process by filling out the online form. You’ll just need the following to get started:
- Driver’s license or state-issued photo ID
- Lien-free title to your car
- Your vehicle for inspection
We will do everything we can to help you get the money you need as quickly as possible for help paying electric bill. You can sit down with one of our representatives to find a solution that works best for your circumstances. Once you have the items, you can head down to the nearest location where we will assess and determine if you qualify. If you do, we can help you finish the paperwork and get the cash.
What To Do When You Need Help Paying Electric Bill
Submit a form online for a title loan with Southwest Title Loans, and a representative will quickly contact you to go over all your details. The process is incredibly easy, and in most cases, you can have your money in as little as thirty minutes. Get up to $15,000 with title loans today.