Have you found yourself strapped for cash as you try to navigate through the planning of your wedding? In today’s world, more and more brides and grooms are turning to auto title loans to help them pay for their wedding and/or honeymoon.

Just in case you aren’t familiar with a title loan, its purpose is to provide an instant cash loan to those who own a car outright and want to borrow against its equity. You get to keep your car, but it is used as collateral in cash you don’t pay your loan back. These types of title loans are becoming more and more common as traditional banks are increasingly denying loans to consumers.

How it works:

1.      Find a title loan specialist that you trust. Be selective in which company you use, and never sign any paperwork if you feel forced into it.
   
2.      Prove ownership of car.  You will be asked to prove that you are the outright owner of your car. To do so, you will need to provide your car title, car registration and proof of car insurance.
3.      Receive car valuation. The title loan specialist will estimate the value of your car. Make sure you know the bluebook and private party values of your car before go in, and feel 100% comfortable with the amount they are offering.
4.      Cash your check. Once you have carefully read through all documents, understood terms & conditions, and signed all paperwork, you will be provided a check on the spot. It is yours to cash as soon as possible.
5.      Make monthly payments. Each month you will be required to make your monthly payment. Make sure that you always pay on time, otherwise your interest rates will increase exponentially and fees may apply.

As you plan your wedding and are finding it hard to cover financially, a title loan may be the answer. The beauty of a title loan lies in the fact that your credit is never checked and the loan isn’t reported to credit bureaus. And of course, the key to success for all car title loans is to make a 100% commitment to paying your loan off as quickly as possible. Never miss a single monthly payment.

We wish you luck as your special day approaches!