How Owning Your Car Can Get You Emergency Dollars
December 30, 2020 | June Mckaig
Everyone needs immediate cash sometimes. After all, life is unpredictable and situations arise with no prior warning. When struck with a financial emergency, most of us look around, confused, confused about what to do next. Most of the time, the solution is in front of our eyes and we don't even know it. If you own a car, this asset can be your solution and earn you fast money.
It is a smart move to consider different ways you can use your car to gain financial relief. Here are some of the best ways you can do so.
DoorDash, Uber Eats, and Postmates are all food services that are always on the lookout for food delivery drivers. It is quite easy to set up your own schedule with any of these companies and still make a decent amount of cash.
You can also build a contract with fast-food chains such as McDonald's, KFC, Pizza Hut, and help them make important deliveries in the vicinity.
Offer Ridesharing Services
Ridesharing services and apps are all the rage right now. Uber and Lyft are used on a huge scale and there is an increasing demand for their services. As a car-owner, you can quickly and simply register yourself. There are no difficult criteria either, so you can easily land this job.
The final amount you earn will depend on location, rate, and timings, or peak hours. Overall, this is a great way to make some immediate money especially if you like driving around.
Wrap Your Car With Advertisements
You can also turn your car into a rolling billboard and earn some money easily. The process is simple. All you have to do is register with a company like Wrapify and they will coordinate your route with a company that needs advertisement.
Get A Title Loan In Illinois
While the options we shared above are helpful and easy ways of using your car to earn fast cash, you may need that cash much quicker. The issue with these options is that all of them will take time as well as an effort – two things you may not always have in emergencies.
In such turbulent times, people often believe selling off their car is the last resort. Before you go ahead, there is another option for you to obtain quick money without giving up your vehicle.
Getting auto title loans from Illinois can get you the cash you need in a much quicker fashion. These loans use your vehicle’s title as collateral for the cash. This means you can take out this loan and still keep your vehicle.
The title cash can be used for a variety of emergencies like medical bills, late rent or mortgage, sudden job loss, or emergency home or auto repair. Title loans could really be a life-saver for you in some situations.
Benefits Of Illinois Title Loans
Easy And Fast Process
The biggest advantage of getting a title loan is that they are so easy to obtain. Plus, you get an almost immediate cash payment. Using Illinois Title Loans is a very simple process. All you have to do is to fill out an online application form online to get started.
Once you meet with us at one of our loan locations and get your approval – hopefully – you will be given the cash on the same day. Another plus is that there is also no hassle of long, tiring paperwork and the whole process can be finished in less than 30 minutes.
Bad Credit Does Not Interfere
Another huge benefit of title loans is that bad – or even non-existent credit – does not automatically mean you will be denied. Although most traditional lenders require a good credit history to make borrowers eligible, there are no such requirements for getting a title loan. Your vehicle’s title is a good enough asset and insurance for title loans, so bad credit history is accepted as well.
You Can Keep Using Your Car
As mentioned, if you avail a title loan, your car won’t be physically held as collateral. Hence, you will be free to keep on using it as long as you make the payments on time.
How To Acquire Auto Title Loans
In order to acquire a title loan, you can choose to visit a store or you can simply do it using the internet. All you need to do is to open your internet browser and type in 'title loans near me'.
- First, go to our Illinois Title Loans website and fill out the online application form;
- You will then receive a call from one of our representatives at the nearest location who will walk you through the rest of the steps;
- You will bring your ID or driver’s license, your vehicle, and your vehicle’s lien-free title when you come to the store;
- The rep will look over your items and inspect your vehicle to determine how much you qualify for. They will also determine if you can be approved;
- Once you are approved, the rep will help you complete the paperwork and hand you the cash.
If you’ve been thinking the only way you can make extra cash is by selling your vehicle, don’t do it. Just follow any of these options and you could find a nice financial cushion without sacrificing your vehicle.