How a Car Title Loan Can Help in Difficult Times | Cash-N-Go Auto Title Loans of Phoenix

How a Car Title Loan Can Help in Difficult Times

June 3, 2020

These days, the United States is experiencing a challenging time. For the first time in more than 100 years, the people of the U.S. live in genuine fear of catching a serious illness. The ancillary results of COVID-19 have been almost as bad as the disease itself. Across the nation, millions of Americans have been forced out of work with no sign of when they might return to normal. Arizona has been hit particularly hard. Since the onset of the novel coronavirus, the unemployment rate has more than doubled, rising to 12.6 percent.

If you’re one of the thousands of individuals looking to secure some extra cash during these uncertain times, a qualified Arizona auto title loan provider could have the solution.

A solid solution

For those who don’t know, getting a car title loan is a relatively simple process. Essentially, you speak with an Arizona auto title loan provider. They assess the value of your car, truck or motorcycle and then offer you a loan based on that amount. To secure the loan, you allow the title company to place a lien on your vehicle and charge you a fee to process the loan.

From that point, you have a given length of time—typically around 30 days—to pay back the loan in full. It’s as simple as that.

Bridge the gap

Every day, more and more people are walking into work only to find that their employer has no more money left to pay their salary. Some employees will have the good fortune of being able to sign up for unemployment. This money will make a substantial difference until a new job can be found.

However, with the rising number of people looking for help in a troubled world, it can take several weeks for unemployment benefits to show up. This can be a big problem for people supporting a family or simply trying to pay their bills. A car title loan with modest associated fees can be a massive help during that gap period.

A soothing safety net

It’s more important to preserve our mental health now, when the country is in chaos, than ever before. In these uncertain times, one of the most serious concerns that threaten people’s mental health is the fear of being unable to cover necessary expenses like the mortgage or groceries. A car title loan can offer the extra padding your bank account needs to provide you with peace of mind.

Your car title loan solution

Searching for a reputable Arizona auto title loan provider? Look no further than Cash-N-Go Auto Title Loans of Phoenix. We have two decades of experience offering loans at a great rate to our valued clients. Our most important goal is to make sure you leave with a sense of security that will see you through to brighter times.

Even if you’re not in Phoenix, we have locations throughout Arizona. Cash-N-Go Auto Title Loans of Phoenix is here for you—give us a call today to learn more.

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