As the summer starts to fade, it will soon be back to school time, and parents everywhere will be scrambling to make sure their little ones are prepared with all of the necessary school supplies, clothes, and shoes for the new school year. The key to pulling off a successful back to school season is sticking to a budget. If not, it will be easy to overspend and find yourself struggling to pay the rest of the bills.
Back to school really starts several months earlier. With your monthly budget already in hand, you should have putting away some of your extra money into the back to school fund. With all of your bills paid, a portion of your excess funds were to be put into your fund that you will use for all of your back to school shopping.
Now, if you haven’t done so, there are some alternatives. You could take out a small loan to help with the added expense; however, a traditional bank loan might be difficult to obtain. For the back to school season, you may only need a few hundred dollars and, typically, banks tend to shy away from loaning such small amounts. Even if you found a bank or credit union willing to loan such a small amount, the approval process is long and daunting. Without an excellent credit history and stable employment, it is likely you would be denied.
Car title loans are a perfect option for this back to school scenario. You need a small amount of cash that you can access quickly. If you have a car or truck that has a clear title, you can qualify for an auto title loan. The vehicle must be paid for completely or, in some cases, almost entirely paid off and will serve as collateral for the loan.
Title loan companies like Embassy Loans of Florida make the process of obtaining a title loan very easy. There are no lengthy background checks or credit checks necessary. Applicants fill out an application, present a few forms of identification, and the terms of the loan are drawn up. The whole process normally takes between 24 and 48 hours and borrowers have access to the cash they need.
A car title loan can help you get through the back to school season. With your budget, make sure to adjust it so that you can pay off the title loan as quickly as possible.