Out Of Cash This Christmas? Here's How To Get A Holiday Loan!

December 14, 2021 | Daniel Dewitt

holiday loans can help

 This year alone, the average amount Americans spend on Christmas is $886. That makes this year an all-time high for holiday spending, and the Christmas spending isn’t even over yet. Needless to say, many people are out of cash this holiday season to help them handle any emergencies.

If you are out of cash this Christmas, you are not without options. You can get a holiday loan to get the money you need to handle emergency expenses. Here is what you need to know about getting a holiday loan through Carolina Title Loans, Inc. today.

Do You Need To Get A Holiday Loan?

A variety of events can put you in a situation where you are out of cash for Christmas. Whether the cause is a medical emergency or overspending on your Christmas budget, the results are the same: you don’t have the money needed to pay for your needed items.

Sometimes, being short on cash isn’t the end of the world and may only require living frugally for the next couple of weeks. For example, you might need to be frugal in your spending if all of your bills and absolute necessities are paid for, but you are short on pocket cash. In this case, you don’t need a holiday loan since you aren’t in an emergency situation.

The same cannot be said if your bills and necessary items are not covered. If you can’t afford food, bills, and unforeseen emergency expenses, holiday loans are an option. Holiday loans can get you the money you need in emergency situations.

Likewise, holiday loans are an option if you need a loan but don’t have a good enough credit score to get a bank loan. With our holiday loans like our title loan and installment loan, we can consider you regardless of whether you have good credit or poor credit.

What Kinds Of Loans Can Help?

If you need to get a holiday loan from Carolina Title Loans, Inc., there are two options we offer you. The two holiday loans you can choose from are a title loan and an installment loan. It’s important that you carefully consider the benefits and application processes of each loan type to know which one is best for your needs.

Title Loan vs. Installment Loan

What is a title loan? Well, a title loan is an option when you have a vehicle and a lien-free title in your name to use as collateral. The value of your vehicle will determine the amount you are loaned, but you can get anywhere from $601 to $15,000 from Carolina Title Loans, Inc. if you are approved. During the payback period, you still get to keep your vehicle.

In comparison, installment loans in SC are an option if you don’t have a vehicle, and you pay back the loan based on agreed-upon installments. Instead of using your vehicle’s title as collateral, you can get an installment loan by proving your income, having your credit checked, and providing a blank check from an active checking account in your name. If approved, you can get up to $1,500.

You should apply for title loans if you have a lien-free vehicle title in your name and need a good sum of money. In comparison, you should apply for an installment loan if you do not have a fully-paid vehicle but have a source of income instead. Both loans are available for emergency situations or for those with bad or no credit.

 

title loan and installment loan

 

How To Get A Holiday Loan

As different as these two loans are, their process here is pretty similar. Both are quick and convenient to understand. If you decide to apply for either a title loan or installment loan, here are the steps at Carolina Title Loans, Inc.:

  1. Fill out the online inquiry form on our website to get started. Wait for a loan representative to call you and set up an appointment to get your car evaluated for a title loan or for us to assess your information for an installment loan.
  2. Bring the following items to your appointment for the title loan: driver’s license, lien-free title, and vehicle. Bring the following items to your meeting for the installment loan: driver’s license or state-issued ID, proof of your income, a blank check from an active checking account in your name.
  3. Meet with the representative to evaluate your items and inspect your vehicle to determine how much you could get for a title loan. Allow us to assess your items and have your credit checked to determine how much you could get for an installment loan.
  4. If you get approved for either the title loan or the installment loan, we will go over the loan terms and have you finish the paperwork. Once you are finished with the paperwork, you can get the money for the loan you were approved for either the same day or the next bank business day.

How Long Does It Take?

Whether you go for a title loan or an installment loan, the process of applying for and receiving your title loan from Carolina Title Loans, Inc. is fast so that you can get the money you need as quickly as possible.

The entire process from the time you walk into an auto title loans near me can take as little as 30 minutes, and you can get the loan money as soon as the same day of approval or as late as the next bank business day. In other words, the process doesn’t take long at all.

Get A Holiday Loan Today!

If you are out of cash this Christmas, get a holiday loan from Carolina Title Loans, Inc. to help you out with emergencies. We provide both title loans and installment loans for those who find themselves in financial hardship and need extra cash.

To begin the process today, simply fill out the inquiry form right on our homepage. The form takes mere minutes to fill out and can help you get the money you need this holiday season. So get started today and let us help you out.