If you are a car owner, you know that your vehicle provides you with many benefits. Since most people work, they need a way to get to and from their place of employment. Public transportation isn’t always available, nor is it the preferred method of travel for many. Having a vehicle allows you to work and earn a living to support your family.
Having a car also permits an individual to work more hours by doing additional shifts, or working longer on any given day. There is also the potential to secure higher-paying jobs. There is no doubt that having a vehicle allows for greater flexibility in the job market.
A car makes an individual more mobile and can enhance family life. A vehicle also allows parents to take a more active role in the lives of their children. With shorter commute times, parents can be more involved in increased educational opportunities and extracurricular activities. Families can spend more time together pursuing more meaningful activities together.
While owning a vehicle provides all of these benefits, there is also a much larger hidden benefit. You can also use a vehicle as collateral for a car title loan. In a time of financial need, a vehicle can provide access to cash very quickly. Embassy Loans, a leading provider of auto title loans for over a decade, has helped tens of thousands of customers. The process is a very easy one that you can complete within a few days.
If you own a vehicle that is paid off, the process is easy. You fill out an application and provide Embassy Loans with documentation about yourself and your car. You need a clear title to your vehicle, and the car or truck should be in good condition. Once your identity and residence have been verified, Embassy will appraise the vehicle for its value. Typical blue book values are used to come up with a number.
Typically, you may borrow up to 50 percent of a vehicle’s value. Your final loan agreement is drawn up containing all of the details, including repayment information, of your loan. Once you sign the contract, you will have access to your cash. Often, you can complete the entire loan processing in an hour. The process can also be completed entirely online.
While a car provides you and your family with mobility, flexibility, and the means to earn an income, don’t forget that can also be your ultimate treasure. A car title loan, used wisely, can help you through most any financial emergency.