woman got a money loan

How To Get A Money Loan

When it comes to figuring out how to get a money loan, there isn't just one answer. There are quite a few options. The method that you use to borrow cash will vary based on your personal situation.

On this page, we are going to walk you through the various lending options that might be available to you. We are going to wrap up by telling you an option that is often used by those who need to get a money loan to cover financial emergencies.

Tips On How To Get A Money Loan

1. Know How Much You Want To Borrow And Why

In the next section, we are going to walk you through the various options that you have available when you are considering how to get a money loan. Before you go through that, we want you to consider two things:

  • How much you want to borrow
  • Why you need to borrow cash

This will have a huge impact on which money borrowing route you go down. For example, if you need to borrow larger sums of cash, and your credit score is good enough, then a bank loan could be an option. If you need to cover emergency expenses e.g. a home repair, then a title pawn may be better for you.

2. Consider Various Lending Options

As we said, there are various options available to you when you want a money loan. Your choice will often depend on your situation. This includes:

  • How fast you need the money
  • How much you need to borrow
  • Employment situation
  • Credit situation

3. Ask Friends And Family

For those trying to figure out how to get a money loan, turning to their friends and family is often the first choice. After all, your friends and family care about you. Chances are they don't want you to deal with financial stress. If they have the means to help you, they will. They probably wouldn't be carrying out any sort of financial health checks either.

There isn't an application process here. Just ask your friends or family if they can help.

woman got a money loan from her family

4. Use Traditional Bank Loans

A traditional bank loan is often the favored option for those who need to borrow larger sums of cash and have a good credit score.

It isn't the fastest method in the world. It can often take several days, and even weeks, to get approved for a bank loan. However, it is probably the only option that you have available if you want to borrow several thousands of dollars over a longer period.

5. Use Credit Cards

Some credit card options do have a cash advance option on them. This means that you can head to any ATM and withdraw cash. Of course, all types of spending on your credit card will be a loan. If you are withdrawing cash using your credit card, then do bear in mind that there will often be high fees associated with that. With most credit cards, cash advances will attract an instant interest rate, even if the rest of the card is 0% interest.

In most cases, you won't have to apply to borrow this cash. If you have a credit card available, just use it. Make sure that you pay off the card as soon as you can, though.

6. Get Title Pawns

Those that hold a lien-free title to a vehicle (car, truck, or van) may consider a Georgia title pawn loan.

With a title pawn, you can get cash for your car title which will serve as collateral. Here, at Georgia Auto Pawn, Inc., we offer auto pawns up to $15,000. A vehicle inspection will determine how much your vehicle is worth and how much cash you can get for your title.

A title pawn is an option for those who meet one or more of these criteria:

  • Currently unemployed
  • Poor or no credit (although good credit will also be considered!)
  • Receiving benefits
  • Need money quickly

Are Georgia Title Pawn Loans Right For You?

There are many advantages to a title loan. This includes:

  • Ability to borrow cash quickly. Most approval processes are completed in just 30-minutes, with cash available in under one working day!
  • No checking account requirements
  • All credit types are welcome
  • No employment requirements. You can be employed, unemployed, or even receiving benefits or a pension.

Georgia Auto Pawn, Inc. is all about ensuring that the process is as easy as possible. Most of it will happen online or over the phone. You will need to meet us in person for a vehicle inspection, but you can choose your location for that. This means that you won't have to travel too far if you don't wish to do so.

The amount that you can receive from a Georgia title pawn loan will be based on your situation and the value of your vehicle.

woman got a Georgia title pawn loan

Inquire Us About A Title Pawn Today

When it comes to learning how to get a money loan, you have several options available. You can ask friends and family, you can use credit cards, or even get a bank loan. If you need fast cash, though, then one of the fastest options would be a Georgia title pawn loan. You can sign an agreement in as little as 30-minutes! It all begins by filling in that short form on our website.

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

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.