Rapid Auto Loans

Can You Predict Emergencies

Emergencies happen all of the time. You’re out working on your roof, when you fall off and break several bones. Or, you’re just going through a normal day and you get stomach pains - you have to get emergency surgery for appendicitis. You lose your job unexpectedly, and 6 months later, you’re still unemployed and you don’t know if you can pay the mortgage.

Many times, emergencies cost us a lot of money. Some people are really good at preparing for emergencies and have 6 months of pay saved up in their bank accounts. Other people barely have enough to get by every month, and emergencies really throw them and their loved ones for a loop.

What can you do in an emergency? If you’re unemployed or underemployed, it can be hard to get the cash that you need to get through an emergency. Do you just end up in bankruptcy? Do you suffer through it? Do you borrow from a friend? No matter what you end up doing, it can feel awkward and embarrassing to borrow money, especially if you don’t know when you’ll be able to pay it back.

There are many options for people who experience emergencies and need cash fast. Here are some of the most common ones.

-Selling assets. If you have a nice TV, a piece of furniture, or something else that you can get rid of for the money that you need, consider it.

-Payday loans. These are scary – payday loans have insane APR’s, and they end up getting you in more financial trouble than they help

-Loans from your bank or credit union. There are some that you can get, including credit cards, home equity loans, or unsecured loans. This will depend on your situation, though.

There’s one more option that many people don’t know about – car title loans. They work similarly to a home equity loan – you borrow the money against your loan, and you pay it back as you can. If you’re looking for quick cash for an emergency, no matter what your credit score or situation, an auto title loan may be a great option for you to consider. They normally last about 12 months.

If you’re considering an auto loan for your emergency situation, consider Rapid Auto Loans in Miami, FL. Rapid Auto Loans can help you get out of your emergency, quickly and painlessly. Check them out today.

Rapid Auto Loans provides customers with the ability to take cash out of their car regardless of their credit history. Get Car or Auto Title Loans in the Miami, Fort Myers, Tampa and Orlando Metro Areas!