Top 10 Most Common Reasons People Get A Title Loan In South Carolina

June 11, 2020 | Emma Frost

online title loans top ten

When it comes to online title loans, there are a lot of reasons to consider getting one. When you are having serious financial troubles due to an unexpected emergency or expense, it can make things pretty stressful. Think of it like this, just because you are having money problems does not mean your bills stop coming in and you can just stop maintaining your necessary expenses. So if you are having serious money trouble, you have to do something. That is where a title loan from South Carolina can really help you out. Whether it is paying for medical bills, home repairs, vehicle repairs, or you’ve suddenly lost your job, a vehicle title loan can help you fall deeper into your financial emergency.

Reasons To Get Vehicle Title Loans

  1. You can handle medical emergencies
  2. You can handle emergencies with your vehicle
  3. You can handle major damage to your home
  4. You can improve your credit
  5. You don’t have to worry about your poor credit score in order to be approved
  6. You can recover from emergencies
  7. You can maintain your necessary expenses if you become unemployed
  8. You can get a title loan with any vehicle in your name
  9. You don’t have to go through a complicated process
  10. You don’t need to bring in a long list of necessary documents to be approved

You Can Handle Emergencies

When you get a title loan you could easily handle your biggest emergencies. Whether they are medical emergencies, major damage on your home, or damage to your vehicle, you can easily handle any of these. We know how expensive these emergencies can be; and even if you do have medical insurance or homeowners or car insurance, you still may have to pay for a big chunk of those bills. Especially when it comes to medical bills, we know how high those prices can be; just the medicine alone can be really expensive. Your title loan can help pay for any aspect of your emergency – regardless of what type of emergency you are going through.

You Don’t Have To Worry About Credit

Another big plus with South Carolina title loans is not having to worry about your credit score. Other traditional loans are based off of your credit history and score. So if you have poor credit, you may not get approved or you’ll be stuck with high interest rates. At Carolina Title Loans we are based off of your vehicle’s title. So if you have poor credit, you can still qualify for the loan. In fact, your credit may actually improve once you pay for those expensive bills with a car title loan. Imagine being able to get a loan with bad credit and actually being able to fix your credit with that same loan.

You Can Recover From Emergencies

Even if you’ve already dealt with your emergency your title loan can still help you get back to stability. You can keep paying for your necessary expenses while you are repairing your finances. Things like bills, mortgage, car payments, and food are expenses you need to make and won’t stop coming in just because your money isn’t in a good place. Your auto title loan can help maintain those expenses. Especially if you find yourself unemployed due to your emergency or being laid off, you can still get a title loan and it can help you stay afloat while you are looking for work – so long as you are still able to adhere to your repayment schedule.

online title loans application

You Can Get A Title Loan With Any Vehicle

I know title loans are commonly referred to as car title loans but that doesn’t necessarily mean you need a car to qualify. You can use any vehicle – a car or a motorcycle, for example – as long as the title is in your name. If the vehicle isn’t in your name, you will have to go to the DMV and get it transferred to your name. But as long as you own it outright, you can use the title as collateral for the loan. So if you only have a motorcycle in your name, you don’t have to worry about not being able to get the help you need. One thing to keep in mind is that we decide how much you receive based on the appraised value of your vehicle. So the better condition you keep your vehicle, the more you may qualify for.

You Don’t Go Through Complicated Approval Processes

Probably the best reason to come see us is our approval process. We don’t mess around with a complicated process that takes all day. Our process is simple to understand and quick to complete. It all starts with you filling out our online form. Once you fill out our form, you will receive a phone call from one of our loan representatives in the location closest to you. Once you get off the phone you have one of two choices. You can either come see us at one of our Carolina Title Loans locations or have us come to a location of your choice. Either option you choose, you still have three items you must bring with you. You must bring your driver’s license or state-issued ID that states you are 18 or over, your vehicle’s title that is clear of any prior loans or judgments and is in your name, and your vehicle for the inspection.