LOS ANGELES, July 12, 2018 /PRNewswire-iReach/
Can car title loans be good for an individual's health? Maybe, says Los Angeles based lender Car Cash Loans. The company is referring to a recent article on NBC's Better website, which draws a very direct connection between financial pressure and the many health concerns connected to stress, including hypertension, diabetes, and heart disease. The article goes on to say that one step to ensure that financial stress does not get out of hand is to begin making plans and taking a series of steps to resolve the situation. Car Cash Loans says that, in a number of cases, the kind of loans they provide might be an important first step to resolving a difficult financial situation.
The lender says that, for people with credit, debt often tends to be the most severe financial pressure. However, for people who don't have access to credit because they have a poor credit history, or no history at all, simply getting access to the ready cash needed to pay crucial bills can be an enormous challenge. Car titles loans, however, are not tied to an individual's credit worthiness as determined by finance companies, says Car Cash Loans. Instead, they are tied to the value of a car which the borrower owns outright. Aside from the sheer availability of the loan, the most attractive feature of these kinds of loans is that the borrower is allowed to maintain possession of the car. Many people all over the world use their cars for their livelihood and to take care of important family obligations. However, here in Los Angeles, a car is no luxury for the vast majority of people simply because of the very large distances between any two given locations in the midst of the city's enormous urban sprawl. Thus, car title loans allow Los Angelenos to hang on to the jobs they need to pay their loans and generally see to all of their obligations.
However, the lender adds that car title loans are not always practical. In those instances, Car Cash Loans says that it also offers pawn loans. These loans are also secured by the value of a vehicle to which the borrower owns the title. However, as the name implies, with pawn loans the vehicle is kept in a secure location while the loan is being paid back. For this reason, the lender says that pawn loans tend to be best for secondary vehicles that the owner doesn't have to use on a daily basis, such as an RV, motorcycle, or even a classic car.
Car Cash Loans says that it is here to provide quick cash to all kinds of people when urgent situations arise. To learn more about Car Cash Loans, please call (800) 988-5020 or visit the firm's website at https://carcashloans.com.
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SOURCE Car Cash Loans