We all hit some financial roadblocks from time to time. Something comes up, and we just don’t have the money to cover it. Since most of us don’t save (guilty), that means that we have to look for ways to borrow the money. If your credit isn’t good or if you are already maxed out on credit, you may have a hard time borrowing. So what do you do?
Title loans in Henderson offer you an alternative if you own your vehicle and have the title in hand. You can be approved for a loan up to the assessed value of the vehicle, whether it’s a car, SUV, truck, or even a motorcycle or camper. All you need is the title and proof that you have a steady source of income.
But what if you’re retired? You are – presumably – no longer working and no longer have a source of income. Does that mean that you can’t take advantage of the benefits that North Las Vegas title loans offer?
Alternate Sources of Income
You may not be getting a paycheck anymore in retirement, but that doesn’t mean that you don’t have an income (or a steady source of financial support). Many retirees get a monthly check from Social Security, or they get a monthly disability check. These are consistent and official sources of financial support, and they can be used to qualify for a title loan.
Depending on the Paradise title loan company you ask, you may be able to use other sources of income to qualify, as well. For example, you might get a steady payout from your 401(k) plan, IRA, or pension that you use for your monthly support. So long as you can prove the source of this income, you may qualify.
Providing Proof of Income
Guidelines are going to vary by title loan company, but you can expect to have to show some proof of “income” even when you have an alternative source of income such as those listed above. No title loan company is just going to take your word for it.
You may need to show an award letter, a history of monthly deposits, or receipts for past payments. The type of proof will depend on the source of the income and on the company you are working with. Essentially, the company wants to know how much you are getting each month, and it wants to see a pattern of payment to know that the support is consistent.
If you unsure of what documentation you will need, just call the title loan company ahead of time to get your questions answered, or give yourself time to visit the company in person and then come back with the needed documentation.
Getting a Title Loan
Getting a title loan is an easy process if you go to the right title loan company in East Las Vegas. You will be asked to provide the title of your vehicle and your proof of income, and you will either have to answer a lot of questions about your vehicle or submit it for inspection. The application process should be very quick, but you may have to wait a few hours or a few days to get the money in hand – again, depending on the title loan services you use.
It’s important that you research the title loan services in your area so that you find the best rates and the best service.
In Nevada, USA Money Today can give you the best terms on title loans and offers quick approval in around 30 minutes or less! You can get the money you need today. We serve customers in Las Vegas, Henderson, and the surrounding areas, and we are the highest rated title loan company in the area. We offer car title loans, RV title loans, and more. If you own your vehicle and have a consistent source of income, chances are we can loan you money. We keep our rates reasonable, and we don’t penalize you for pre-paying your loan. That way, you can get the money you need without creating more financial trouble for yourself. Fill out your application online or visit us today to get assistance and answers to your questions. We can get you the money you need!