If you need money now while unemployed in Texas, you may be facing urgent bills or unexpected expenses. During short-term financial emergencies, an option like a Texas title loan may provide access to funds, depending on eligibility requirements.
In this guide from Texas Car Title and Payday Loans Services, Inc., we’ll explain some ways you can get cash now for emergency expenses. We will review the requirements and approval process for title loans to get fast cash now from a direct lender.
Why Would I Need Cash Now?
When faced with emergency expenses while unemployed, you may not have the money saved in an emergency fund to afford the costs. Since these expenses can come out of nowhere, you likely don’t just have the money sitting in your bank to use for the urgent costs. These unexpected expenses can be even harder to afford when you are between jobs.
Paying these costs is urgent due to the consequences of missed payments. Your credit score can take a major hit, you may have to pay late fees, and your electricity, hot water, and internet can get turned off for missing utility payments.
You can use short-term financial help for these emergency costs:
- Overdue bills – Rent, mortgage, utility bills, credit card payments, auto loan payments, etc.
- Medical expenses – Ambulatory costs, hospitalization, surgery, physical therapy, medication, medical equipment, etc.
- Home repairs – Broken windows, removing mold, replacing a malfunctioning air conditioning unit, fixing a water heater, etc.
- Auto repairs – Fixing dents and scrapes to your vehicle’s exterior, replacing a broken battery, fixing a broken windshield, etc.
- Unexpected travel expenses – Airplane tickets, train tickets, rental car costs, room and board, etc.
If you don’t have the money to afford these urgent costs, there are ways to get emergency cash in Texas. Continue reading on to see how to get emergency cash while unemployed.
5 Ways To Get Emergency Cash While Unemployed In Texas
Are you looking for how to get emergency cash while unemployed? The stress of your financial situation is enough without the added strain caused by emergency expenses. However, there are options for financial hardship help.
Here are five ways to get emergency cash in Texas while unemployed:
1. Work Side Hustles – Make Extra Cash Freelancing
Those who need cash quickly can consider working side hustles. While you likely won’t be able to get same-day cash in Texas, you can work side gigs to get money within a few days or weeks. You can use the skills you've developed at school or work to make extra cash online or on location.
Here are some side hustles in Texas you can do to afford emergency expenses:
- Freelance writing
- Graphic design
- Sell arts and crafts
- Photography
- Drive for Uber or Lyft
- Deliver food with Uber Eats, DoorDash, or Grubhub
- Social media marketing
- Tutor
- Walk dogs
- Babysit
These side gigs can also help you survive while you seek full-time employment. If you get good at these side gigs, you can even take on enough work that it becomes a full-time job.
2. Rent Out A Room – Earn Money From Space You Aren’t Using
Do you have an empty room in your house that you aren’t using? You could rent out that space to someone looking for a place to stay, short- or long-term. You can find a roommate through a roommate website to find someone willing to help with rent, allowing you to use the money you save on your emergency expenses.
You can also rent your room to someone visiting Texas. You can make decent money if you live in a popular area, such as Dallas, Austin, or Houston. Access to Texas’s great restaurants, attractions, and nightlife can help you make some money on the side.
However, renting out your room or working a side gig may take a bit before you can make good money. If you need more money now, you could try asking a friend or family member.
3. Borrow Money From Friends And Family – Afford Expenses With Peer-To-Peer Lending
When you’re looking to borrow money, the first place you should look is your friends and family. Your loved ones will want to help you if they can afford it, and borrowing from them helps you avoid the interest rates associated with loans from banks and direct lenders.
Reach out to your closest friends and family to see whether they can help you out. While they may not be able to afford the full cost of your expenses, they may be able to get you some money you can use to chip away at the costs.
However, keep in mind that you need to repay them. While they won’t want you to pay back with interest, they will expect you to get their money back in a timely manner. Leaving them hanging for a few months can put a strain on the relationship, so only borrow from them if you feel you can get the money back to avoid ruining a close relationship.
4. Apply For Unemployment Benefits In Texas – Get Emergency Cash While Seeking A New Job
If you haven’t done so right after you became unemployed, you can apply for unemployment benefits through the Texas Workforce Commission (TWC). As long as you lost your job through no fault of your own and are actively seeking new employment, you can earn from $70 to $605 per week.
Your weekly unemployment wage will depend on your previous wages. You can receive payment for up to 26 weeks. Unemployment benefits can really help you afford your monthly expenses, such as rent, food, gas, etc. However, when faced with large financial emergencies like home and auto repairs, you may be better off seeking a title loan with no income required.
5. Get Texas Title Loans – Borrow Loans While Unemployed
At Texas Car Title and Payday Loans Services, Inc., the only loan for unemployed people we offer is title loans. You can get title loans with unemployment income because you don’t need to prove that you have a job. Approval requires you to prove you own your car, truck, or van outright. You can borrow up to $15,000 based on your vehicle value.
You will need these three required items to get approved: a state-issued photo ID that displays your full name and age, a lien-free vehicle title in your name, and your vehicle for an inspection. As long as you meet the requirements, you can get approved on the same day you apply.
Here are the steps involved in getting title loans for unemployed in Texas:
- Complete our online inquiry form with your basic details
- Discuss requirements, the approval process, and other details over the phone with one of our friendly loan associates
- Bring your required items to our nearest Texas store for verification
- Get your vehicle inspected for its value
- If approved, sign the loan agreement to complete the process
- Receive your title loan cash later that day or by the next business day
While you can get these same-day loans for unemployed in Texas, we would not suggest borrowing them unless you can repay the loan. Failing to make repayments can lead to late fees and possibly losing your car. Only get a title loan if you can afford repayment. You can use side hustle income, employment benefits, or money from friends and family to repay the loan.
Can You Get Payday Loans While Unemployed?
We also offer payday loans, but it’s harder to get a cash advance without a job. These loans use your income to secure the loan, and you’ll have to repay the loan with your next paycheck. If you don’t have income, it’s much more difficult to get approved.
It’s possible to get payday loans with unemployment benefits or other nontraditional income, but not all of our Texas branches will accept them. You will need to call ahead of time to find out what income the store closest to you accepts. It’s possible they may be able to help you, but you are more likely to get approved for a title loan without proof of income.
Apply For Emergency Cash In Texas – See If You Qualify For A Title Loan Worth Up To $15,000
Do you need money now while unemployed? At Texas Car Title and Payday Loans Services, Inc., we offer Texas title loans with no income required for short-term financial solutions. We have a fast review process that lets you get money within one business day. Start your application now by filling out our secure online form for title loans before getting approved in person in less than 30 minutes!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.
