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Using Car Title Loans When All the Bills Begin to Pile Up on You

using car title loans for bills

When it comes to unexpected expenses, the old saying “when it rains, it pours” doesn’t come close to describing the drowning feeling you get when the bills pile up. No matter how good you’ve been about your spending, inevitably there comes that one month when the skies open up and charges start beating down on your bank account balance like golf-ball-sized hail. If you haven’t prepared for such a financial storm, your budget and necessary expenses—like your mortgage or car payment schedule—could be devastated, and your financial security as you know it could be sent into unrecoverable disarray.

One way to prevent this is to plan ahead as much as possible. Make yourself a money calendar where you note when the big spending months occur. For example, we know that springtime is home improvement time. You also know that your family vacation will happen somewhere around June or July. When your trip has ended you know there will be new clothes and supplies to buy for the coming school year. Right behind that are Halloween and fall festival expenses. That leaves the biggest spending quarter of all, Thanksgiving and the holiday season.

Once you’ve mapped out where the costs might fall, you can start saving and budgeting for their arrival. As organized as you might be on regular expenses, however, some events are hard to anticipate. Whether it’s a higher heating bill or a car needing new tires, something unexpected can always crop up.

But isn’t the average household income at a new-time high? According to the U.S. Census Bureau, the middle class median household income rose 3.2% between 2015 and 2016 to come in at $59,039. That may seem like a good figure, but it really just breaks down to an extra $150 a month. While every little bit helps, the majority of household income goes to everyday costs like housing, food, clothing, and transportation. With inflation and changing circumstances, that extra $150 will only go so far.

If you are in need of some extra cash to damage-control your budget, car title loans in Memphis can help. Car title loans allow you to leverage the value of your vehicle for quick cash ranging from $150 to $2,500. All you have to do is visit one of the three Mid-South Title Loans in Memphis and bring your drivable vehicle, its lien-free title, and a photo ID. Car title loans in Memphis from Mid-South Title Loans are hassle-free and don’t require credit checks or waiting periods.

If your wallet has experienced a bit of stormy weather, come on by Mid-South Title Loans today! We have three convenient locations throughout the Memphis metro to serve our customers: 1680 Winchester Rd, 4965 Summer Ave, and 2798 S. Perkins Rd. If you’re looking for car title loans in Memphis, all you have to do is fill out our convenient Title Loans Online Info Sheet, or stop by any of our three Mid-South Title Loans locations in Memphis and see us today.


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1680 Winchester Rd
Memphis, TN 38116
Phone: (901) 346-1040

4965 Summer Ave.
Memphis, TN 38122
Phone: (901) 821-9211

2798 S. Perkins Rd.
Memphis, TN 38118
Phone: (901) 794-5460