Posts made in March 2022

What’s the Difference Between a Car Pawn & a Title Pawn in Mississippi?

Learn About the Benefits of a Title Pawn in Mississippi

There are two types of car loans that people utilize when they quickly need cash in a financial emergency. The first is a car pawn loan, and the other option is a title pawn in Mississippi. While these two loans might sound similar, the impact they have on your life couldn’t be more different.

With a car pawn, the borrower actually pawns off both the car and the title. The lender then puts the car in a secure location, where it will remain until the loan is paid back. That means while you can get the cash you need quickly, you will be out of an automobile until you can pay the lender back. Not the best position to be in—especially if you require your vehicle to commute to and from work every day.

On the other hand, you only have to give your car’s title for leverage with a title pawn—not the vehicle itself. You just need to provide the lender with a clear title, and they will create the terms of the loan. Pay everything off in the given amount of time, and you will get your title back. This allows you to keep your car while you are making your payments so you can continue to live your life without disruption. To find out if a title loan would benefit you, feel free to visit our website to learn more.

What Is a Check Advance in Mississippi & Should You Get One?

Learn About Getting a Check Advance in Mississippi

Sometimes bills can come at you at some pretty unsuspecting times, which can leave you strapped for cash and wondering what you can do about it. Thankfully, there is an option for individuals that can provide them with funds immediately and without a credit check—a check advance in Mississippi.

A check advance, also known as a payday loan, is a short-term, small amount loan that is secured by a deferred presentment transaction. The lender will add a minor finance charge based on the amount of money borrowed. That means you can get the cash you need today from your paycheck, Social Security, or pension and pay back the loan when your next payday comes around.

When you can’t wait for your next paycheck to pay a bill or other financial issue, this is a smart solution to look into. It can be far less cumbersome or difficult to get than a traditional loan, and—as long as you pay everything back on time—can be a quick fix to get you out of going into the red financially.