April 7, 2020
A Title Loan Can Help You Pay for College Necessities
Get a Short-Term Loan with Bad Credit or No Credit
Whether your now-grown-up child is finishing up their senior year of high school, or your college student is registering for their next year of classes, you face a certain financial reality when it comes to tuition, room and board, and supplies.
University bills don’t wait; the registrar expects payments on a strict schedule. If they can’t pay in full with scholarships, grants, or personal money, students have to take out long-term loans to fund their education, sometimes even enough to cover books, laptops, and dorm accessories to get them started in their journey toward their college degree.
When there’s just not enough money to pay for upfront costs, a car title loan can be the answer to the problem. This short-term loan option puts cash in your hand to cover these expenses, and gives you the freedom of a payment plan customized to your ability to repay.
What Can I Pay for with a Car Title Loan?
There are no rules about what you have to spend your loan money on. It’s 100% up to you! That said, here are a few great college-related ideas that are worthwhile purchases with your cash.
Laptop or tablet. Most college students take their own personal computers to school with them, to use for research, writing essays, studying, and even entertainment. You can often get the best deals on new laptops or tablets during the summer, when computer manufacturers offer back-to-school discounts. And unless students’ work includes video editing or graphic design, they don’t need a top-of-the-line computer. Choosing a slightly cheaper laptop saves you money you can put toward other necessities.
Dorm bedding and decor. Residence halls are a student’s home away from home. It would be rare to find a college student who doesn’t love the feeling of returning to their new room or apartment after a long day of classes. Make their space cozy and comfortable with bed-in-a-bag sheets and comforters, which come in perfectly coordinated colors and patterns. Posters and removable poster hangers help students express themselves on a budget. Don’t forget a desk lamp for late-night study sessions, and photos from loved ones back home.
Textbooks. Perhaps the least fun thing you could spend your car title loan money on, textbooks are both necessary and expensive. Even textbook rentals cost money upfront, and sharing textbooks only leads to future frustrations with college buddies. Bargain shoppers can sometimes find used textbooks from independent sellers at a discounted price, which can save significant money.
Collegiate school supplies. A sturdy backpack to haul books across campus, notebooks and pens, and calculators for advanced math will set students up for success in the new school year. Your student may also need specialty software depending on their major of choice. Sometimes universities offer discounted software packages, but either way, you’ll have to fork over money for these items.
Clothing. Most college students enjoy wearing sweats to class everyday, but they still need clothing to protect themselves from the elements when they have to walk across campus to attend class. Professors don’t cancel because of a little rain or snow, so students may need heavier coats, rain boots, and umbrellas to be prepared for the trek. College students also love school spirit clothing, like hoodies and t-shirts, with your school’s logo on them.
Tuition. If loans, scholarships, and grants aren’t quite enough to cover tuition, or you plan to pay out of pocket, but need a little extra cash to cover the cost, a car title loan can get you the money you need.
Mini-fridge and microwave. Depending on the university rules, students might need to bring their own mini-fridge and microwave. Check dorm rules in advance. These two items are important for storing snacks and drinks, and heating up quick meals between classes.
All the little extras. These supplies cost little alone, but when added up together, are significant. Use this handy checklist to make sure you have everything. Your student might need:
- Small throw rug or area rug next to their bed
- Shower caddy and hygiene supplies, like shampoo, conditioner, toothpaste, etc.
- Flip-flops for the community bathroom
- Adhesive note pads and page markers
- Flash drive
- Laptop bag
- Citation or style manuals for writing term papers
- Weekly planner or calendar
- Basic office supplies: scissors, tape, stapler
- Small tool kit with screwdrivers, a wrench, and small hammer
- Alarm clock
- Small trash can and recycling bin
- Dry erase board and markers
- Towels and washcloths
- Laundry bag and detergent
- Mini sewing kit
- Extension cord and surge protector
- First aid kit with basic over-the-counter medications
- Cleaning supplies
- Bowl, plate, cup, coffee mug, and silverware
- Water bottle
- Coffee pot or electric kettle (if allowed)
How Do I Get a Car Title Loan Near Me?
Getting and qualifying for a car title loan in Florence, Alabama, is easy at Select Title Loans. Taking out a traditional loan is a complex and long process, but getting a car title loan is quick and hassle-free.
If you’re over the age of 19, just bring your clear car title (in your name, with no liens), car, and photo ID to our office, where you’ll complete a short application as we appraise your vehicle. All loans are structured on a 30-day renewable contract, and because your car title is the collateral, we will not check your credit. We do not care about your bad credit or poor credit history – we want to help you get the money you need.
Your car title loan is based on the assessed value of your car, your budget, and your cash needs. You’ll get your cash and will be able to drive away in your car, with your keys, at the end of the process. When your loan is paid in full, we’ll give you back your car title.
To make the process even faster, you can complete our application online. If you have any questions, give us a ring at 256-767-2100. We are ready to help you get the money you need to fund your college purchases!