Money Now: Here Are Your Options

Financial emergencies are always hard on people. If you find your life upturned due to a costly bill, then you likely need money now. But what are your options?

There are a lot of financial options to choose from, but they all come with individual requirements that must be met. Take a look at your options for fast money now and pick the one that would complement your needs best.

Financial Options to Get Money Now

Family and Friends

If you have the option to do so, consider asking family members or friends for assistance if you need money now. Not only could you save on interest, but the repayment terms may be a lot more flexible. Friends and family may not even have enough to cover that costly veterinary procedure though. And asking people you know for money may risk damaging the relationship if repayment takes long.

Payday Loans

Payday loans are one of the most popular loan options if you need money now. They are typically worth a few hundred dollars, which may not be enough to replace an HVAC system or cover an emergency room bill. As the name suggests, repayment for a payday loan is usually expected by the subsequent payday–within two weeks. If you need more time to pay back the money, then you may want to consider other options.

Bank Loans

Bank loans are a popular option for people that already have an existing bank account. This type of loan is unsecure, meaning there is no need to use an asset to secure a few thousand dollars. However, if your credit is low, you may have a hard time obtaining money now with a traditional bank loan. If approved with low credit though, know that interest rates may be insanely high.

Auto Pawn Loans

An auto pawn loan is a secure loan, so you will need to use your car as collateral. Most auto pawn places offer a few thousand dollars in funding but require the borrower to leave the car in a secure lot until repayment is complete. If you cannot afford to lose access to reliable transportation, then this borrowing option may not be ideal to get money now.

Title Loans

Title loans remain one of the most popular funding options for those that need money now. If you have reliable income and a car title in your name, you stand a good chance of obtaining approval.¹ This loan option is perfect for those that have low credit, as the qualification requirements are generally kept flexible.

Why Title Loans Are One of the Best Options if You Need Money Now

Title loans are one of the best options if you have a car and need money now. Not only are they easily accessible to a wide variety of people and financial backgrounds, but they could also come with an array of benefits!

When you work with Title Loans serviced by LoanMart, you could look forward to receiving the following advantages:

• Fast Emergency Money – If you need money now, then consider title loans as a potential loan option! If approved, you could expect to receive money in as little as one business day!³ If you have an upcoming bill, or you need money for an expense, then title loans could help cover it.
• Straightforward Process – Unlike traditional bank loans, title loans offer eligible borrowers a swift and convenient process! The inquiry form can be completed in minutes and approval could take less than a full day.³
• Competitive Rates – Interest rates are the price one pays to borrow money. But with Title Loans serviced by LoanMart, you could look forward to competitive interest rates!
• Convenience – Instead of having to submit documents in person and complete an in-person vehicle inspection, you could just do it all online! Simply upload your documents using a scanner or take pictures using your smartphone. And when it comes to the vehicle inspection, you can just answer some questions and submit pictures of each angle in bright light.
• Flexible Requirements – A lot of loan options that provide money now usually require good credit and a traditional source of income. Title loans serviced by LoanMart could accept alternative documents as proof of income and do not require good credit!¹

How Can I Qualify to Get Money Now with Title Loans?

If you have contemplated your borrowing options, then you have likely settled on title loans if you need emergency money now. Title loans have a streamlined process, especially if you work with Title Loans serviced by LoanMart.

In order to pre-qualify to get money now, you need to meet the following three basic requirements¹:

1. Be at least 18 years of age
2. Have a qualifying car in your name
3. Have a consistent source of income

If you meet the requirements to get money now, know that the initial inquiry can take as little as 5 minutes of your time!³ All you need to do is use an online title loan calculator. You will be asked to provide your car details and basic contact information. If your car is worth enough money, you could get a free title loan estimate with no obligation!

What Are the Money Retrieval Options with Title Loans if I Need Money Now?

Loan options typically offer eligible borrowers a variety of ways to receive their money. When approved for a Title Loan serviced by LoanMart, you could choose to receive direct deposit, an electronic transfer, or a physical check.

To receive direct deposit, you would simply have to provide your bank name, account number, and routing number. This is one of the fastest options if you need money now. Receive your money by visiting a local participating money transfer location If you prefer to receive your money through a check without travel, you could also receive a physical check overnight in the mail!

What Proof of Income Options Are Available if I Need Money Now?

Title loans may be able to help you obtain emergency money now, but what if you can’t provide traditional paycheck stubs as proof of income? Perhaps you are self-employed or you recently got laid off at work, are title loans still a viable option for you?

When you work with Title Loans serviced by LoanMart, you could potentially get money now with alternative proof of income!¹ Rather than just accepting one form of income, you could be deemed eligible for emergency money with the following documents:

• Social Security Statements: If you are not traditionally employed but you receive Social Security benefits, you could use statements as proof of your ability to repay a title loan.
• Annuity Statements: If you receive annuity income, you may be able to use those retirement account statements as proof of income to get money now.
• Self-Employment Documents: Being self-employed qualifies as a job, and if you can reliably make title loan payments on time each month, you could qualify. All you need to do is show bank statements or tax documents.
• Settlement Income: If you received money from a settlement but need a little extra money now to handle a bill, you could use that income as proof of your ability to repay a title loan.
• Savings: If you are retired or temporarily unemployed, but you have savings, you may be able to use bank statements as proof of income.

Are there Options Available to Me if I Struggle to Repay my Title Loan?

If your financial circumstances ever change and you don’t have the money now to cover your Title Loan serviced by LoanMart, don’t think that you are without options! Contact your title loan agent by calling 1 855-422-7412 as soon as possible to go over the potential options available to you. An extension may be possible, or you may be able to readjust your terms depending on your situation.

How to Inquire for a Title Loan and Get Money Now

If a Title Loan serviced by LoanMart seems like a great option to you, inquire today and you could be eligible to receive money!¹ The approval process only takes 3 simple steps, and you could find out if you qualify in minutes.

Take a look at how the process usually unfolds:

1. Inquiry: To see if you can use your car’s title as collateral to get money now, just complete the online title loan form or speak to a title loan agent by calling 1 855-422-7412.
2. Paperwork: If the vehicle is pre-approved, you can start uploading your paperwork online. You will be asked for documentation that proves your identification, address, income, and car ownership.
3. Approval: Once approved, , an agreement will be drawn up and explained in detail. You could get that money within 24 hours!³ The last step is choosing how you would like to get your title loan money. Choose direct deposit, wire transfer, mailed check, or pick up your funds at a participating money transfer location near you.

If you need money now, not days from now, then consider a Title Loan serviced by LoanMart for affordable funding!¹