What To Know About Emergency Holiday Loans

Some people may hear “emergency holiday loans” and immediately think of a loan that can help them handle regular, everyday holiday expenses. As convenient as that may sound, this is not the case for these types of loans. When we at Texas Car Title and Payday Loan Services, Inc. talk about emergency holiday loans, we mean title loans specifically made to help you with emergencies during the holidays. Let's explore five facts about holiday loans which, include what an emergency situation is, types of loans available, how we accept all types of credit, how to apply, and learn how quick our process is. Here are a few other things you need to know about these loans.

Remember These Five Facts About These Loans

1. They Should Only Be Used For Emergency Situations

The holidays are a time when our schedules get especially busy. Whether you are planning holiday dinners or traveling to see family, there is always something to do. But no matter how busy we get, that doesn’t mean emergencies stop happening. And when an emergency does strike, this is where emergency holiday loans can help – especially when you have to handle the emergency right away.

You’ve probably noticed by now that we keep emphasizing emergencies with these loans. This is because they were designed to help you when you absolutely need it. They were not designed to help with things like shopping for presents or planning for a holiday party. However, while they aren’t designed to help with frivolous holiday spending, they can help you with the following emergencies:

• An expensive medical bill.
• Emergency travel.
• An overdue utility bill.
• Sudden home or car repairs.
• Emergency vet bills for your pet.

2. There Are Different Types Of Emergency Loans

Many people think of emergency loans as standard personal loans from a bank, credit union, or another source. The truth is that there are multiple different emergency loans out there. And when you come to Texas Car Title and Payday Loan Services, Inc., we offer you three different kinds of emergency holiday loans to help you out with your emergency expenses.

If you own your vehicle outright, one of the loans we offer is an emergency car title loan. With title loans, you use your vehicle’s lien-free title as collateral for a lump sum of money – which can be anything up to $15,000. We will inspect your vehicle as well to help us determine how much you could get if you are approved. And if you are approved, you get to keep your vehicle while you repay the loan because we only hold onto your title.

3. You Can Qualify Even If Your Credit Isn’t Perfect

When it comes to title loans with us, we will not turn you away just because your credit score may not be perfect. Even if you have bad credit, you can still qualify for these emergency holiday loans. Unlike other kinds of loans, we don’t base everything on the status of your credit score. While there is always a chance we will need to check your credit, that doesn’t mean you shouldn’t still apply and find out your chances of approval.

4. You Can Apply Online Or In-Person

Applying for emergency holiday loans at Texas Car Title and Payday Loan Services, Inc. is quick and easy. Depending on the type of loan, we have online or in-person options for you to apply. All loans require you to meet with a representative at some point to finish the process and fill out the paperwork. But when it comes to our title loans, you have the option to either meet with us at the nearest Texas title loan store or have the loan representative meet with you at another location of your choosing.

5. The Process Is Simple And Quick

If you’re ready to get your emergency holiday loans, head to our homepage and complete the general inquiry form. A loan representative will give you a call a few minutes later to answer your questions and schedule an appointment for you to either come into the store or meet the representative somewhere else. This is when you gather your driver’s license or state-issued photo ID, your vehicle for inspection, and your vehicle’s title for collateral.

From there, the loan representative will inspect your vehicle and assess your information. Don’t worry about this part because you can wait a minimum of 30 minutes. And by the end of that inspection. We will determine if you qualify for approval and how much we can lend you. If you are approved, we will help you finish the paperwork. Once you’ve signed everything, you can get the cash either that same day or the next bank business day at the latest.

Pay Off Your Emergency Bill Now

Emergency holiday bills could lead to end-of-the-year stress as you struggle to find a way to pay for sudden emergencies. If this is your case, consider coming to Texas Car Title and Payday Loan Services, Inc. for title loans. Our process is quick and simple so we can tell you your chances of approval and get you the cash you need. Fill out the online form on our website to begin.

 

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