Here's How To Stop Worrying And Benefit From Cash Title Loans

November 19, 2021 | Emma Frost

cash title loans

Many people have never used cash title loans before. People who have already used them to their advantage often use them more than one time as they discover their benefits and simplicity.

Title loans are just like any other debt. Use the tool the way it was intended – and they can be helpful!

Here’s how you can use them to fully benefit from them and avoid any pitfalls.

How To Use Title Loans In Tennessee To Your Benefit 

1. Know What Situations To Use Cash Title Loans For

Cash title loans should never be the first course of action. They’re an emergency Plan B.

Usually, you can go for them when you know:

  1. You’re on a time limit and running around looking for other options is likely going to waste precious time instead of helping.
  2. The problem at hand could escalate and cost you more down the line if you postpone dealing with it (be it damage on your car getting worse due to avoiding repairs, your health getting worse, and requiring more expensive treatment because you didn’t go to the doctor’s or paying fines because you didn’t cover certain bills on time).
  3. You’ve already exhausted every other option.

avoid overborrowing

2. Keep Temptation In Check And Never Over-Borrow

Title loans are easy to qualify for. At Tennessee Title Loans, Inc., all it takes to qualify for a loan are a state-issued ID (a driver’s license would work too), your car for inspection, and the car’s lien-free title in your name which acts as collateral.

This does make it tempting to turn to them every time some kind of financial problem pops up, or to max out the loan if you’ve decided to apply for one. But you shouldn’t use them like that.

Cash title loans work only as well as you allow them to. This means getting them only when necessary and getting only as much as necessary.

They’re a debt – not a gift. They’re yours to pay off when the time comes. You don’t want to pay more than you have to.

3. Have A Working Repayment Strategy

Plan ahead so you don’t struggle while paying them off. This means that you should have a repayment strategy ready.

Before requesting Tennessee title loans, you can do some budgeting in advance. This means that you can rearrange your spending for the time to come in a way that includes making timely payments towards your loan, without detriment to your necessary expenses.

4. Keep Your Matters Private

One of the benefits of cash title loans is that you don’t have to worry about your credit when getting them. They’re fully private. Tennessee Title Loans, Inc. doesn’t report to any credit agencies, so the loan never goes onto any credit reports and the score stays the same. When it’s repaid – it’s like there was never a loan in the first place.

tennessee cash title loans

How To Get Tennessee Cash Title Loans

If you’ve already got the required items (the ID/driver’s license, the car, the car’s lien-free title in your name) on hand, then all you need to do is submit a filled-out online form for easy title loans Tennessee.

The form will send your information to the nearest branch, and after a few minutes, a loan representative will give you a call.

They’ll provide the information about the loan process and set up a meeting with you at a convenient location, including your home (not necessarily our store, if you don’t wish to come in).

Take the required items to the meeting for the loan representative to assess. They’ll inspect your car and examine the documents to determine if you qualify for cash title loans.

If they decide that you do, you’ll finish the final paperwork then and there and get the money on the same day or the following business day. 

Simple Title Loans You Can Benefit From 

At Tennessee Title Loans, Inc. the process for cash title loans has been simplified to welcome our clients even on their busiest days. The in-person process takes on average under an hour – in many cases only as little as 30 minutes. And if you are approved, the cash could be yours either the same or on the next bank business day at the very latest.

Submit an online form today to get your process started and learn if you qualify before the end of the day.