Death, Finances, And Car Title Loans

Funeral Most people are familiar with the old adage that death and taxes cannot be avoided. Along with the stress of the loss of a loved one comes dealing with the finances of the final arrangements as well as the estate of the deceased. The funeral and burial arrangements usually fall on the surviving spouse, if there is one, or another close relative.


If these arrangements have not been prepaid, the surviving spouse and family members will have to deal with the financial stress of taking care of them. Without the financial means to do so, paying for funeral and burials costs can be a huge burden. Luckily, there are some alternatives. Families in need of quick cash for funeral or other legal expenses related to the death of a family member can get help with an auto title loan.


Family members that own a vehicle that has a clear title can qualify. They can visit a title lender such as Embassy Loans of Florida and fill out an application to get the process started. Embassy Loans will have to verify the applicant’s identity and residence. Once the application process is completed, applicants must have their car inspected. They can visit any one of the 21 different inspection stations around the state.


Embassy Loans will first verify that the vehicle matches the title, which must be presented. Then, the vehicle will be assessed for its value. With a value established, the loan can be finalized. Once the loan agreement is set, all that is left is for the borrower to pick up his or her money. The entire process from application to receiving the money will usually take between 24 and 48 hours. Many times, vehicle title loans are completed the same day that they were started.


An auto title loan offers access to quick cash unlike the traditional bank or credit union loan. Since the loan is secured by a vehicle, there are no lengthy background or credit checks. Those individuals with bad credit histories do not have to worry. Even those who are unemployed can qualify for a car title loan.


Surviving family members who are in a bind after a loved one passes can utilize a car title loan to help them get through a very difficult situation. They can use the funds as they wish and pay off funeral expenses, burial expenses, and even legal fees if necessary.