TFC Title Loans always discusses covering emergency costs like home repairs, medical emergencies, or to cover a missed payment. While we may not talk about it often, a car title loan and death in the family could help you grieve them properly. Let us help you get a funeral loan.
You may be wondering how a car title loan could possible help you cover the costs of a funeral. A car title loan is unlike a traditional alone because it allows you to use your vehicle’s title as collateral for the loan. Instead of using your credit score to determine your loan amount and interest rate, TFC Title Loans uses the equity value in your car and your ability to pay back the loan. Based on the value of your car, you can receive funds between $2,500 to $50,000.
TFC has been in the business of car title loans since 1994. We’ve helped thousands of customers pay for unexpected financial emergencies. We’ve heard many different reasons why people need a car title loan, and a funeral has come up before. Sometimes, funerals can be unplanned when death is unexpected. We don’t plan for those costs and, quite frankly, who wants to plan for somebody’s death? That’s why TFC allows any customer, regardless of credit, to apply for a funeral loan.
Even if you don’t have a perfect credit score, TFC Title Loans can help you with a car title loan. One of the best things about a car title loan is that you don’t need to go through all the paperwork and credit checks required at traditional banks.
Because we use the title of your vehicle as collateral of the loan, that means you don’t need to worry about TFC Title Loans using your credit score as an influencer towards the amount of money you would receive. Instead, we take the title of your vehicle, give you 50% of the wholesale value, and fluctuate that amount based on the ability to pay back income. The only time we check your credit is to make sure you aren’t actively seeking bankruptcy or credit counseling.
No job? Don’t worry about that! As long as you have a steady flow of income, whether it be retirement, social security, disability, unemployment, or an annuity, that counts as a monthly income and gives you the ability to pay back the car title loan you receive from TFC.
If you’re trying to prepare for the cost of the funeral to plan for how much you’ll need, TFC Title Loans has the answers for you. A traditional funeral in North America is equal to about $7,000 to $10,000. That’s quite a lot of money for an unexpected emergency. Luckily, TFC offers funds from $2,500 all the way to $50,000 based on the value of your car.
This cost typically includes the services of the funeral home, the burial, and the installation of a headstone. To give you a breakdown of where you may need to cut money or spend it:
Some additional charges may include the obituary in the local newspaper and flowers.
If your relative or friend preferred a cremation, this could put you at about $2,000 to $4,000. If you have the procedure done at a funeral home, it could be upwards of $4,000 to $6,000 where a crematory is only $3,000 to $4,000. This includes the cost of the cremation and basic memorial service.
A car title loan could really lift the weight off your shoulders when it comes to covering the unexpected costs of a funeral. It allows you to get your funds in as little as one business day without the hassle of paperwork, months of waiting for approval and then being denied by a bank. TFC Title Loans has a high approval rate and can let you no less than 24 hours of your loan approval.
The first step to applying for a car title loan is, well, apply! Simply fill out our online application or you can give us a call at 844-242-3543. We even have multiple locations across California, New Mexico, and Arizona for you to go to and apply if you’d rather do it in person.
All you need to do is fill out your name, number, email, and the car’s year and make. Once your application has been submitted, a TFC agent will receive your information and be able to start the process of retrieving a free quote.
After your TFC agent has received your application, they will contact you and ask for the documentation needed to verify your information. This will be helpful in finalizing your loan, as well as identifying your identity and the car’s identity. This very shortlist can be completed quickly and speed up the loan process, so you can get your money quicker. TFC provides you with the list so you can be prepared:
Once your agent receives all the necessary documents, they will be able to complete the process of submitting your application. After that has finished, you will be able to head into your nearest TFC Title Loan location to have your car inspected. This inspection is only a few minutes and is required just to make sure that the vehicle does not have damage to it that would affect the value of the vehicle.
After the inspection, you and your TFC agent will go over your contract and the terms you will be receiving. While you do get loan terms from 24 to 36 months, TFC has no prepayment penalties which means you get to pay off your loan as early as you want without the worry of being charged with a bunch of useless fees. Once you’ve agreed and signed your loan, you’ll be able to walk out of TFC with the funds that you need to cover anything you want, including a funeral cost.
Not only does TFC Title Loans offer you the funds you need in a short amount of time for whatever sort of emergency financial dilemma you have, but we offer you supportive customer service. TFC takes pride in our service and puts our customers as our number one priority. We believe that our customers deserve respect, so that’s what TFC gives them! We help you with all the financial difficulties you bring us and give their customers an opportunity to handle all those dilemmas.
Apply with TFC today and take advantage of the opportunities they have to offer customers. Our agents are waiting for you, so give us a call or apply online now!