Why Payday Loans Are A Smart Financial Choice During An Emergency

It’s impossible to always make smart financial choices. If you ever find yourself in a challenging situation like an unexpected emergency, you might want to consider going for payday loans from us at Texas Car Title and Payday Loan Services, Inc. today.

Such a loan can become a quick and easy way to get the money that you need. The best part is our process is simple! Keep reading this article to learn more about this loan and how you can find out if you can get one.

Why Are Payday Loans A Smart Choice For Emergencies?

When it comes to how payday loans work, they are designed to help people who are struggling to make ends meet between paychecks. You can think of it as a way to bridge the gap between pay periods when you are hit with an emergency that can’t wait.

Things like medical bills or late utility bills will only get worse if left unpaid, so this kind of loan can really be helpful to get those payments out of the way quickly. Here are a few other reasons you should get this kind of loan:

1. Payday Loans Are Fast

If you’re dealing with an emergency, the chances are high that you simply can’t afford to spend an extra hour, let alone days, looking for the much-needed cash. Many traditional lenders might take days to come up with a loan decision and several more days or even a week to finally get the funds transferred.

Thankfully, that’s not how we work. We will tell you within a few minutes if you qualify for approval. If you are approved, you can get the money either that same day or the next day.

2. Payday Loans Don’t Require Collateral

A payday loan is a convenient option for those who do not have a car title that they own outright or another valuable asset that they can use as collateral. Payday loans are unsecured loans, which means that only your promise to repay would be used to secure the loan.

We also use your income to determine if you are able to repay this loan on time. The repayment is due when your next paycheck comes in – which is usually in two weeks.

3. You Will Need Only A Few Items To Take Out A Payday Loan

In a lot of cases, you would be required to bring in dozens of documents when applying for a loan from a bank. It might take you quite some time to actually gather the required items.

The good news is that not all lenders are like that – especially not us. To apply for a payday loan with us, you’re only going to need your state-issued ID or driver’s license, a blank check from your active checking account in your name, and your most recent pay stub.

Why Choose Texas Title And Payday Loan Services, Inc?

Now that you know why you should get payday loans to help you with your emergency expenses, you are probably wondering why you should come to us specifically. The good thing about us is we offer all of the benefits mentioned above – but that’s not where it ends.

If you decide to do business with Texas Title and Payday Loan Services, Inc., you’ll also get to take advantage of the following:

• The quick approval process: You wouldn’t have to wait for days just to find out if you got approved. Come to the store and you might discover whether you qualify or not in only 30 minutes!
• The loan amount offered: A lot of lenders are able to offer only about $500 for a payday loan. And though that is a nice sum, it might not be big enough to help you cover your emergency expenses. With Texas Title and Payday Loan Services, Inc., you might qualify for up to $1,200. The exact amount would depend on your ability to repay and your income, but it’s still nice to know that a few hundred bucks might not be the limit.
• The number of convenient store locations: No matter where in Texas you live, the chances are high that one of our stores is located only a short drive away from your house – which you can find using our locations page on our website.
• The fact that bad credit isn’t a problem: If you have bad credit, that should not prevent you from applying and seeing if you qualify for approval. We are ready to consider all types of credit, and even if your score is far below average, you can still come in and find out if you qualify for approval.

Can I Take Out A Payday Loan Online?

You can begin the application process online by filling out an online request form, but the rest of the process will take place in a physical store. However, many customers view that as an advantage as the fact that you’ll already be in the store would help you get your money a lot faster. In case you are approved, you will immediately find out how much you can get and will either get the money later that day or the next day.

Apply Today!

Many individuals view payday loans as smart financial choices as they can assist in getting urgent cash fast without unnecessary hassle – especially when you have a financial emergency. We here at Texas Title and Payday Loan Services, Inc. are a reputable lender that can help you take care of a financial emergency. If you can’t wait to get started with the process, fill out the inquiry form on our website or call 1-800-227-4707 right now!

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.