St. Petersburg, FL (PRWEB) May 09, 2013
A recent article states that Florida is the 4th highest financially unstable state in America. It alleges that at least half of the state is liquid asset poor and one third of households do not have a savings account to rely on.
This information is backed up by a survey by the Principal Financial Group, which found that 49% of working Americans say it would be difficult, very difficult or extremely difficult to pay an extra $1,000 in any given month. This same survey reveals that 47% working Americans do not have enough money set aside to cover a job loss or major unexpected expense.
With so many Florida residents living paycheck to paycheck, one begins to wonder where they turn when disaster strikes. Luckily, St. Petersburg Auto Equity Loans is prepared to help residents when they need it most. The company provides access to secure, low-interest loans for those who traditional lenders turn away.
Located in the heart of Pinellas County, St. Petersburg Auto Equity Loans has been serving Florida residents for over a decade. They offer competitive interest rates and flexible repayment plans, allowing borrowers to choose terms that work for their individual situations. The company does not perform credit checks and instead bases an individual’s loan amount on the value of his or her vehicle.
Florida residents who find themselves needing access to cash loans are encouraged to apply using St. Petersburg Auto Equity Loans’ new easy online application. It takes less than ten minutes to complete, requiring only basic information about a borrower’s vehicle and his or her contact information, and once the application is submitted, the borrower will receive a free pre-approved loan quote detailing how much they are qualified for. Borrowers may be eligible for up to $20,000 depending on the value of their vehicle, and most receive their cash the same day they apply.