Own Your Car? Here’s How You Can Use It To Get Financial Relief
No matter where you are in the world right now, times are tough. It’s becoming increasingly common for people to struggle with paying for their rent or other daily necessities. As a result, everyday people are looking for financial relief wherever they can get it. Many are starting to realize that they’ve had a cash-generating asset under their noses this whole time: their car.
If you own a car that still runs well, there are several ways you can use it to lighten your financial burdens. Here are just five ways you can use your car to get financial relief including how you can secure cash for your car title.
Join A Ride-Share Service
Much like you, a lot of people own their cars. Still, many rely on public transportation. That’s why rideshare services are very popular these days. If you own your vehicle, you can use it to drive people around town and make a fair bit of money from it. Best of all, you can choose your hours. Typically, rideshare services will allow you to clock-in and clock-out whenever you feel like it. That gives you flexibility in deciding when you’ll use your car to earn money.
Deliver Food or Packages For Local Businesses
With more people working from home nowadays, the demand for food and package deliveries continues to skyrocket. That’s why the delivery business has become quite lucrative especially in the past few months. You can get a piece of that pie, too!
Here, you can choose from plenty of options. You could join a service that does food or package deliveries, or you could work directly with businesses. Don’t be afraid to talk to your local pizza parlor or other local businesses. Approach them and ask if you can work for them independently. Quite often, they’ll prefer to work directly with people like you instead of going through a third-party service.
Advertise For Companies
One of the perks of owning your car is that you can do whatever you want with it. If you don’t care too much about what the exterior looks like, you can rent it out to companies for advertising!
It works in a very straightforward way. Some advertising companies pay you to wrap your car with their ads to promote products and services. You’ll be like a mobile billboard, earning money just by driving around town the same way you already do every day.
Help People Move
You could also make money by helping people to move. Firstly, any vehicle will be useful for this purpose. However, you could make more if you own a pickup truck. Pickup truck owners will know what it’s like for people to ask them for help moving large items like furniture all the time. Well, now you can do it for money! If you own a pickup truck, you could charge money to help people move furniture or even large appliances.
Get An Auto Pawn
When times get exceptionally tough, and you need a helping hand, you also have the option of getting a title pawn. Sometimes called ‘car title loans’, auto pawns are a short-term loan option type that allows you to leverage your title in order to access up to $15,000. Just by using your title as collateral, you could get your hands on cash on the very same day. Here are a few advantages to title pawning:
- The application process is quick and painless. Many complete their application in as little as 30 minutes.
- The approval and disbursement processes are both quick, too - you can get your money deposited into your bank account on the same day!
- We accept all credit scores.
Acquiring a Title Loan
When you find yourself in need of financial relief we understand that you won’t always have time to complete a lengthy application process that is associated with traditional bank loans. That’s why we’ve streamlined this process to make it as easy as possible for you. Here’s how it works:
- You fill out a short form found on the homepage which will allow a representative to call you shortly after you submit it.
- The representative will schedule a meeting to inspect your car. They’ll ask you to provide a few pieces of information that will expedite the application, which includes: Your driver’s license, the title to your vehicle, your car for inspection, and a blank check to your bank account.
- After the inspection, you’ll find out how much money you’ll receive and the funds will be deposited directly into your bank account for you to use as you see fit.
Title pawns are a quick and easy option that will always be here for you when other options fail. We understand how stressful it is to need financial relief so if you ever find yourself wondering what is a title pawn fill out a form or feel free to give us a call. We’re here for you.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.