Lost Your Job? Here's How a Title Pawn Could Help
Losing your job can be devastating. Beyond losing income, you might feel uncertain about how to pay for essentials like rent, food, and bills. In Alabama, title pawns can be a financial lifeline when you need fast cash.
If you're asking yourself, "Where can I find title pawns near me?" Alabama Title Loans, Inc. offers convenient solutions to help you through tough times.
Title pawns are a fast and convenient form of short-term lending that use the value of your car to secure loans up to $15,000. They’re perfect for bridging the financial gap after losing a job. The answer to "where are title pawns near me?" is simple – Alabama Title Loans, Inc.
Steps To Take After Job Loss
Unemployment can feel overwhelming, but the right steps can help you manage the situation effectively. Being fired or laid off is a traumatic experience, and often in the wake of it we’re not sure how to handle it or what the next step is. But the steps are actually pretty simple:
- File for unemployment benefits. This should be your first step upon being fired. The process can be long and irritating, so it’s best to start as soon as possible on getting the paperwork out of the way. Unemployment may not shell out that much money and only lasts for around three months, but it is, essentially, free money. You may feel right now like you won’t need it, that you have plenty of savings, but let’s be honest: in today’s economy you could be out of a job for as long as a year or more, and at the end of that time you’ll very much wish you had taken the free income when you could’ve.
- Get back out there. One of the mistakes many people make is to take a prolonged break after they become unemployed. And while that’s understandable, it is a potentially traumatic event after all, not having a set structure after so long can cause people to lose focus and discipline. The best way to combat this is to immediately throw yourself into finding a new job. Spruce up your resume, and start applying as soon as you can. After all, you have no idea how long it could take you to find a new job.
- Draw up a budget. This doesn’t have to be fancy, but even a simple budget will do you worlds of good when you’re unemployed. The key thing to identify and isolate is what your monthly expenses are, and what your savings are: those two numbers will dictate how long you can stay unemployed before the money runs out and drastic action is called for.
- Explore Title Pawns as a Backup Plan. Even if you don’t need to take a title pawn right now, it’s good to know where the nearest title pawn store to you is as a back-pocket kind of thing for when you do. After all, one of the most common reasons for taking out a title pawn is an emergency. And financial emergencies are something you’re going to become more and more susceptible to the longer you’re unemployed.
How Title Pawns in Alabama Work
Title pawns, also known as car title loans or auto title pawns, let you borrow money using your car title as collateral. With Alabama Title Loans, Inc., you can access up to $15,000, depending on your car’s value, and keep driving your vehicle while repaying the loan.
Benefits of Title Pawns:
- Fast approval process
- Fewer credit requirements (even bad credit is accepted)
- Convenient online application
Ways To Make Money While Job Hunting
While you may not have a full time job, it’s still possible to bring in money while you’re unemployed. It may not be enough to cover all of your expenses, but every little bit helps and it’ll abrogate the problem.
- Yard sale. This is the simplest and easiest way to get a little cash in your pocket. We all have stuff hanging around our houses we don’t truly need, and a yard sale is the best way to liquidate it while still making a pretty penny. Often afterwards you won’t even notice its loss. One note of caution: for certain items like books or collectibles, you can generally earn more from them by selling them online like on Amazon or Ebay, so check what similar items are selling for on there to see if it’s worth the work of selling them there too.
- Do gig work. It’s been said that we live in the gig economy, which is a grandiose statement, but not entirely untrue. There are a huge number of job out there for which you don’t need to sign a contract and work nine to five. The easiest are driving for Uber or Lyft, or doing freelance work on sites like Fiverr or Upwork. In many ways they’re superior to a normal job, and because you only work the hours you want, you’ll still have plenty of time to job hunt.
Why Choose Alabama Title Pawns?
A title pawn can provide fast cash during emergencies without the lengthy approval process of traditional loans. Alabama Title Loans, Inc. makes the process simple:
- Apply Online: Start with a quick inquiry form on the website.
- Speak With a Specialist: Discuss loan details and requirements.
- Bring Your Documents: Required items include your vehicle, a lien-free title, and a state-issued ID.
Key Advantage: You can keep driving your car while using its title to secure the loan.
Get a Title Pawn Today
Navigating job loss can be stressful, but you don’t have to face it alone. If you're looking for fast financial relief, Alabama Title Loans, Inc. is here to help with title pawns in Alabama.
Start by filling out our online form or visit one of our convenient locations. A title pawn might be the solution you need to get back on your feet.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.