Rideshare Loan Tips: Getting A Loan As An Uber Driver

Uber is one of the most popular ridesharing apps and is a popular way for people to make money on a schedule that works for them. As helpful as making extra money through Uber is, the increased wear and tear on your vehicle increases the chance that you will need to make emergency repairs.

When this happens, one option to consider is getting a loan as an Uber driver. If you are interested in becoming an Uber driver and want to learn about your options for keeping your vehicle maintained, one option to consider is getting help from Texas Car Title and Payday Loan Services, Inc. for either a payday loan, an installment loan, or a car title loan.

Here Are 3 Options For Getting A Loan As An Uber Driver

1. Get Payday Loans To Help

If you are looking into getting a loan as an Uber driver, one option you have with us is our payday loans. A quick payday loan is a loan that bridges the gap between pay periods when you need help. So if you already got paid but are hit with an emergency expense you can’t handle alone, instead of waiting for your next paycheck you can get this loan.

With Texas Car Title & Payday Loan Services, Inc., you can get a payday loan for anything between $100 to $1,200. And the good thing is you can qualify even if you have poor credit. All you need to find out if you qualify is your driver’s license or state-issued ID, most recent pay stub, and a blank check from an active checking account in your name.

2. Look Into Installment Loans

Another option we offer Texans is our signature installment loans. These loans are unsecured like our payday loans – which means you do not need to put anything up as collateral. The main difference is that instead of needing to pay back the loan with your next paycheck – which is usually in two weeks – you can pay back your loan in installments.

So if you do not have a lien-free title to use for a title loan and you need more time to repay the loan than a payday loan, this is a good choice. With this loan, you could get anything between $100 - $1,500. And like our other two loans, this loan is designed to help with emergency expenses – like any wear and tear your vehicle experiences while you drive for Uber.

3. Consider Getting A Car Title Loan

There are a lot of options that are available to Uber drivers who need to get a quick cash loan to cover an emergency expense. The third kind of loan that you can get with us is our car title loan. What is a car title loan? It is a secured, short-term cash loan that uses your vehicle’s lien-free title as collateral. And you can even qualify if you have poor credit.

You do have to make sure that your name is on the title and you are finished paying off the vehicle to qualify. We also use your vehicle’s condition and resale value to determine how much you could get – which could be anything up to $15,000. You can then use this cash for emergency expenses such as vehicle repairs, damage to your home, or urgent medical or utility bills.

 

 

The Process Of Getting Either Three Loans In Texas

The process of applying for either of our three loans with us is simple. To get started, you can either go on our website and apply online or give us a call and apply over the phone. If you are applying online, your application gets sent to your nearest Texas loans store location. After you do this, you will soon get a call from your loan representative.

They will make sure you have all of the items that you need for either three loans and they will schedule an appointment to finish the loan application. When it comes to payday loans and installment loans, you do have to come to the store to finish. With our title loans, you can have the loan representative come to you instead of you coming to the store.

Either way, when you meet with the representative, they will assess your items. This is also where they will either run your credit for installment loans or inspect your vehicle for a car title loan. After this, they will answer any final questions that you might have and they will help walk you through the last stages of the loan application process if you are approved.

Once you are finished with the paperwork that is it! You can even drive away with your car if you get a title loan. If you complete the application before noon, you will have your emergency cash that very same business day. Applications that are completed after noon are typically funded the next business day.

Get Your Loans When You Need Help Today

Sometimes, no matter how much extra money driving for Uber is getting you, you have to repair the vehicle that you are using for work. When you need help getting a loan as an Uber driver, come down to Texas Car Title And Payday Loan Services, Inc. to get help. Fill out the online form for one of our three loans today.

 

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