June 22, 2020
Ways to Spend Your Flex Loan This Summer
Your Kansas Line of Credit Can Fund Important PurchasesThere are no rules about how you should spend your flex loan from Midwest Title Loans this summer. How you use your cash is up to you -- and we know all of our clients have a good reason for requesting a loan. We’ve compiled a list of common ways our valued clients use their money so you can get an idea about how a flex loan might benefit you. First, let’s discuss the basics!
Flex Loans in Kansas City, KansasA flex loan is technically a line of credit that you are approved for based on the value of your car and your ability to pay back a loan based on your income and monthly budget. Like a car title loan, a flex loan uses your clear car title as collateral for the loan. Flex loan lines of credit let you borrow up to a certain limit whenever you need money. You can borrow the full amount of credit we extend to you, or you can borrow smaller amounts. As you pay back the money you’ve borrowed through your flex loan, you increase your available credit, until it reaches its full amount when you pay it off. You can leave your account open with us and borrow cash against your line of credit at any point without having to reapply or seek approval for a new loan. Just call us before you visit one of our Kansas locations and we’ll have your money ready for you when you arrive. Qualifying for a flex loan is simple. Even if you have bad credit or a scarred credit history, you can still be approved for a loan at Midwest Title Loans, where we never check your credit. To get a Kansas flex loan, you must be at least 18 years old, show us your valid photo ID, provide proof of employment, and bring both a drivable vehicle and its lien-free title in your name when you apply.
Interest on Flex Loans in Overland Park, KSInterest on flex loans is calculated on a daily rate, but you only pay interest on the amount of money you’ve borrowed, for the duration of your loan. For example, if you borrow money for one week, and pay it back with your next paycheck, you are only charged interest for the week you borrowed the money. When you pay back money you borrow, your line of credit remains available to you, interest-free, should you need cash at a later date. You can borrow from your line of credit over and over again, and only pay interest on the amount of money you have out at any given time.
Spending Your Flex LoanNot sure if a flex loan is right for you? Here are some ways our clients use the cash they get from us to improve their lives. Home repairs. Patching a roof, putting down new flooring in a bedroom, or retiling the shower stall can be surprise necessities that you simply weren’t prepared to pay for, but are important for safety and comfort at home. Small-scale home repairs can be taken care of with cash from a flex loan. Car repairs. Car breakdowns never happen at a good time. And if you’re a family, sometimes you need more than one car to get the kids where they need to go while simultaneously going to work yourself. Solving that scheduling problem with only one vehicle can be a nightmare, so repairing your household’s second vehicle becomes urgent! Replacing appliances. If your stove or washing machine is broken beyond repair, it’s important that the appliance is replaced quickly so you can resume your daily life. Unfortunately, appliances like these can cost several hundred dollars upfront, while running them saves you thousands per year because you don’t have to dine out every day or go to a laundry center to wash your clothes. Medical bills. When you’re sick or injured, you don’t have the option to not seek medical care if you want to continue working and living your life. Expensive medical bills can make you feel sicker just thinking about them, but a flex loan can cover a monthly medical payment when your paycheck just can’t stretch any further after being sick and missing work. Furnishing a nursery. Congratulations! You’re expecting a new baby! But that baby will need a place to sleep, and you’ll need furniture to get the nursery set up for your baby’s arrival. If your child’s due date is just around the corner, and you need to get nursery furniture fast, a flex loan is a good option. High utility bills. Summer heat can be unbearable in Kansas, so turning on the air conditioner is a welcome reprieve -- until you get your electricity bill. If your utility bills are unexpectedly high and your regular take-home pay won’t cover them, a short-term loan can help you keep your lights on. Registering your vehicle. If your car registration is expiring and you need to renew your registration and license, a short-term flex loan can cover those fees when you’re short on cash. Making up for cut hours. If your work hours were cut this week, but you know you’ll have plenty of overtime next week to make up for it, a short-term loan bridges the gap between paychecks and relieves your financial stressors.
Choose Midwest Title Loans When You Need Fast CashWhen you need to borrow money, don’t waste time talking to multiple traditional lenders who will turn you down repeatedly. Come to Midwest Title Loans! For almost 25 years, we’ve helped Kansas residents get the money they need and established a reputation of trust in the area. If you’re ready to solve a financial problem with a short-term loan, contact us today, or visit us in-person at our office in Overland Park on Metcalf Avenue at W. 82nd Street or Kansas City, KS on State Avenue at North Washington Boulevard.Read more
June 15, 2020
Can You Get a Flex Loan with Bad Credit?
Short-Term Loans in Kansas City, KSWhen you’re on a tight budget, perhaps living paycheck to paycheck, having extra cash available when you need it would be life-changing. If you live in Overland Park or Kansas City, KS, a flex loan is there for you to cover unexpected bills, make special purchases and fund important life events. When you take out a flex loan, you’re eligible to receive quick cash when you need it and will only pay interest on the money you borrow for the duration of time you borrow it. Ready to learn more about how this short-term loan option can help you?
What is a Flex Loan?Like a car title loan, a flex loan is a short-term loan structured like a line of credit and uses your car title as collateral. With a flex loan, you get a credit limit to borrow against as you need the money. You don’t have to borrow the full amount all at once, but you can if you need to. As you pay down the money you’ve borrowed from your flex loan, you are increasing the amount of your available credit the next time you need cash fast. Kansas flex loans are based on a daily interest rate, and you only pay interest on the amount of money you’ve borrowed for the duration of time you’ve borrowed it. If you only need money for a few days, you only pay interest for those few days between withdrawing the money and depositing your payment. A flex loan allows you to leave your loan status “open,” to keep the money in your line of credit available to you even once you’ve paid it back in full. If you need money again, you can borrow cash without filling out additional paperwork or re-applying.
How Is a Flex Loan Different from a Car Title Loan?A traditional car title loan, like a flex loan, uses your car as collateral. However, you must apply each time you need a title loan, even if your job and car are exactly the same as they were when you were granted prior loans. A flex loan, however, gives you flexible loan terms and durations, and allows you to borrow the same money as many times as you need without re-applying, as long as you pay back the money you’ve borrowed.
Who Qualifies for a Flex Loan?Because Midwest Title Loans does not conduct credit checks on loan applicants and accepts your lien-free car title as collateral, anyone who is able to pay back a loan is eligible to take out a flex loan. Even if you have poor credit, or haven’t yet established credit, you can take out a flex loan in Kansas. To get approved for a flex loan, you will need to provide some simple pieces of documentation to the loan officer you’re working with at Midwest Title Loans. When you apply, you’ll need:
- A drivable vehicle, which we will evaluate
- A lien-free title to the vehicle, in your name
- A valid photo ID, such as a driver’s license
- Verification of your income, such as pay stubs
When Can I Borrow Money?Once you’ve been approved for a flex loan, and we’ve established a line of credit for you, you can borrow cash whenever you need it without reapplying for each loan. If you leave your account in “open” status, you can re-borrow up to your credit limit every time you need quick cash in Kansas City. We ask that you call ahead to let us know, and we will have your money ready for you when you arrive at one of our Midwest Title Loans locations in Kansas.
Are There Rules About How I Can Spend My Loan?Our philosophy is that once you take out a cash loan from us, that money is yours to do with as you wish. We do not track how our valued clients spend their hard-earned money and believe that if you felt you had a good reason to take out a flex loan, then that reason is good enough for us. Many of our clients use flex loans to make home or auto repairs, purchase a new appliance, fund holiday gifts, pay medical bills, or buy furniture and supplies for a new baby when their regular paycheck just won’t cut it. Of course, the possibilities are endless, and how you spend your flex loan is up to you.
Where Can I Find a Flex Loan Near Me?If you need to take out a flex loan, always go to a company that’s been in service in the area for years. An established, well-respected loan company will treat you like a person, be empathetic to your situation, and empower you to achieve your financial goals. That’s why Midwest Title Loans is the right choice for people living near Kansas City and Overland Park. Learn more about our flex loans online, or visit us in person at our Kansas locations at 8212 Metcalf Avenue in Overland Park, or 2500 State Avenue in Kansas City. Read more
June 8, 2020
What is an Installment Loan and Where Can I Get One?
Qualify for a Bad Credit Loan in Kansas CityMaking a large purchase, like a car, or paying down credit card debt seems like an insurmountable task for people with a checkered credit history. Personal loans from traditional lenders in Kansas City, like banks or credit unions, can be difficult to qualify for if you have a high debt-to-income ratio or a low credit score. Getting out of a financial hole requires careful planning and balancing your monthly budget. And without a loan, purchasing a vehicle or consolidating debt can be impossible. However, you can secure a longer-term loan, even with poor credit or no credit at all. Installment loans available at Midwest Title Loans at 85th and Wornall allow you to make regular monthly payments for up to 24 months to finance a purchase or pay off your credit cards and ultimately work toward achieving financial freedom.
How Does an Installment Loan Work?The term “installment loan” is just a fancy term for a personal loan. Any loan that is repaid with regularly-scheduled payments and consistent payment amounts is technically an installment loan. That means funding like fixed-rate mortgages and auto loans are installment loans, too. They’re a perfectly normal and widely-accepted means of getting money when you need it. There are two kinds of installment loans you can get, even with bad credit. The first is a collateralized loan. With this type of loan, you must be borrowing money to make a purchase, such as a vehicle, for example. The item you are purchasing with the loan becomes collateral for the loan. Non-collateralized loans, conversely, are personal loans that do not require you to put up anything for collateral, and are given solely based on your ability to repay the loan. Often, non-collateralized loans have slightly higher interest rates because there is a higher risk of non-payment. Commonly, non-collateralized personal loans are used for consolidating credit card debt or paying urgent, unexpected bills. Your payment on an installment loan goes toward repaying a portion of the principal, or original amount of the loan, and interest that your loan has accrued. Your monthly loan payment amount is determined based on the original amount of your loan, your loan’s interest rate, and the length, or term, of the loan that you choose during the application and approval process. If you’re seeking fast cash in Kansas City, an installment loan might be your best choice. To qualify for an installment loan from Midwest Title Loans, you must first fill out a credit application. You will need to indicate why you need the loan, as well as the amount of money you are seeking. We ask that all loan applicants be at least 18 years of age and provide proof of employment. After you apply and are approved, we will work with you to choose a loan term, or the number of months you have to pay back your loan, as well as the amount of each monthly payment. Our loan terms can be as little as a few weeks and up to 24 months. When we settle on loan terms and you sign your loan paperwork, we will provide you with your money. Then, you simply make your regular payments for the duration of your loan term. With an installment loan, there is no penalty if you pay it off early or make extra payments. You will only make payments and accrue interest while you have your loan. Although we do not report your title loan or payday loan to any credit bureau, like Equifax or Experian, we do let them know when you’ve taken out an installment loan and are repaying it on schedule. As you make regular payments on time and in full, you might see an improved credit score at the end of your loan term.
Advantages of an Installment LoanInstallment loans provide many advantages over short-term loan options, like payday loans or car title loans, namely because they can be tailored to fit your specific needs. For example:
- You choose your monthly payment amount and loan term that will best work with your budget.
- Monthly payment amounts never change, so there are no surprises during repayment.
- Interest rates on installment loans tend to be lower than other types of loans, including credit cards.
- Your credit score can increase as you long as you make on-time payments in full.
Can I Get a Loan with Bad Credit?The answer to this question depends on which lender you work with to apply for an installment loan in Kansas City, Missouri. If you speak to a loan officer at a bank, for example, their policies may require that you have a specific debt-to-income ratio or minimum credit score before they’ll consider extending credit to you. However, if you visit Midwest Title Loans, we are much more lenient about your credit history! We understand that just because your credit score isn’t perfect does not mean that you are unable to repay your loan. We want our valued clients to find the same financial peace as anyone else, because everyone deserves that feeling and stability! Come let us work with you to find the perfect installment loan options to fulfill your dreams.
Who Offers Installment Loans Near Me?Midwest Title Loans has been operating in the Kansas City metro area for more than 25 years, and our friendly customer service means our clients come back to us when they need financing, as well as recommend us to their friends and family. Learn more about us. Ready to apply for an installment loan? Give us a call at 816-363-8600, or visit us at 330 W. 85th Street. Read more
May 18, 2020
How Do Title Loan Companies in Missouri Determine How Much They’ll Lend?
Multiple Factors Play a Role in Flex Loans in Kansas, Too
Everything happens at once: your laptop died, your work boots fell apart, you needed an x-ray, and the electric bill skyrocketed last month. When you’re on a tight budget as it is, there’s no room for hundreds of dollars of additional charges. If your paycheck just won’t cover the money you suddenly owe, a car title loan can help bridge the gap.
Car title loans allow you to get cash using your car title as collateral, but you get to keep driving your vehicle. You then make manageable payments on the loan balance. When you pay back your loan, you’ll receive your title.
Considerations for Title Loan Amounts
At Midwest Title Loans in Kansas and Missouri, our loan amounts usually range from $150 to $5,000. The loan amount is based on a few factors, including your vehicle’s value, how much money you need, and your budget.
Your vehicle’s value plays a big role in determining how much money you can get with a car title loan. We take into consideration everything about your vehicle when making a determination for your loan amount, including age and condition. It sounds obvious, of course, but a car with a low value will mean your loan probably won’t be close to our maximum payout. Similarly, a valuable car that you’ve fully paid off could get you a larger loan. Even if your car is wrecked, if you can drive it to our offices in Gladstone, Overland Park, or Kansas City for an evaluation, chances are you can get a title loan.
We consider how much money you need before giving you a loan. We wouldn’t want you to borrow more money than is necessary, or give you less than you need and have you come up short for whatever bill you need to pay or item you need to purchase. We’ll ask you questions about the amount of financing you’re seeking so we can ensure your loan is as close to the amount you need.
Your monthly budget is one of the most important factors when determining how much to loan you, using your car title as collateral. Your budget tells us how much you can afford to pay back on your loan each time you receive a paycheck. We don’t want to set you up for failure and lend you more money than you can afford to pay back, shoving you into a vicious cycle of debt. Our goal is to help you with your current financial situation, not make it worse. When you meet with us about getting a title loan, you should know the dollar amount of all your monthly financial obligations and your total income. This information will help us calculate your car title loan.
What We Consider Before Issuing a Flex Loan
A flex loan is different from a car title loan because it is essentially a line of credit we extend to you. When you take out a line of credit, you only accrue interest on the money you actually use and for the length of time you use it.
Flex loans are repaid with daily interest. With this type of short-term loan you can borrow up to that pre-set credit limit, but you can re-borrow any time you need money again. You don’t need to reapply for the loan, making flex loans in Kansas one of our most convenient options.
Your credit limit is based on two factors: the value of your car, and your ability to repay the loan. Just like with a car title loan, we must examine your vehicle and determine its value. Your ability to repay the loan means we just take a look at your monthly budget to be certain you will be comfortable making payments on a flex loan.
Factors We Don’t Consider for Title Loans or Kansas Flex Loans
Although there is a lot we consider when determining how much money to lend you, one that we never consider is your credit score. We believe that despite checkered credit histories, our customers are trustworthy and want to pay back the money they borrow from us. We see our role as the catalyst for helping you improve your financial situation.
We also never report your loans from us to any credit bureaus - those folks who calculate your credit score. That’s because we don’t base how we issue loans on their guidelines or rules.
Many of our customers come back again and again when they need money because they know we can help them. We never consider how often you need a loan when determining whether we’ll lend to you. A traditional lender will look at how many active loans you have and how many loans you’ve taken out in the past because they check your credit. As long as your bills fit within your monthly budget, we will approve you!
Choose Midwest Title Loans in Missouri and Kansas
Midwest Title Loans is in business today, as we’ve been for the last nearly 25 years, because we saw people in Kansas City, MO and Kansas City, KS are struggling to find financing. Traditional lenders turned them down over and over again. We vowed to help people get the money they need, when they need it.
Today, we offer several loan types with the best customer service in the area. After helping thousands of people each year get the money they deserve to be lent, we’re ready to help you, too.
To learn more about our short-term loan options, contact us today, or visit one of our locations in Kansas City, MO on W. 85th Street at Wornall Road; Gladstone, MO on North Oak Trafficway at NE 64th Street; Overland Park, KS on Metcalf Avenue at W. 82nd Street; and Kansas City, KS on State Avenue at N. Washington Boulevard.Read more
May 11, 2020
How Do Flex Loans Work in Kansas?
Get One of the Best Short-Term Loans in as Little as 20 Minutes
When most people think of a car title loan, they think of the traditional kind: a short-term loan that gets you cash fast in Kansas City using your car title as collateral. They also think car title loans as being temporary loan solutions that you must re-apply for each time you need money.
And those are both accurate! Car title loans make getting money quickly very easy, if you have a clear car title in your name. However, a type of car title loan called a flex loan in Kansas City, KS is a short-term loan that offers long-term access to cash.
What is a Flex Loan?
The flex loan definition is a line of credit you take out using the value of your car. When you are approved for a Kansas flex loan, Midwest Title Loans gives you a credit limit. You can borrow as little as you want or as much as you want up to that limit. You can then re-borrow that same money again and again at any time! With a flex loan, you can have access to money, just waiting for you, any time you need it.
Flex Loan Interest
You repay your flex loan on a daily interest rate. You will only pay interest on the money you are borrowing, and not only the remaining money in your line of credit.
For example, if you have a $1,000 line of credit, but you only need $200, you can borrow $200, and only pay interest on the amount. The remaining $800 will not accrue interest.
If you only need that $200 for a week and pay it back, the interest only accrues for that time period. You will not accrue interest if you do not have an active loan from your flex loan line of credit.
What Are the Benefits of a Flex Loan?
The first benefit we always share is that flex loans are named because they give you flexibility. You can borrow money from your line of credit with Midwest Title Loans over and over again.
As you pay down your flex loan, you are increasing the amount of money you have available later when you need it. If you aren’t using it at all, you don’t have to pay anything to us to maintain that line of credit.
A flex loan in Kansas gives you access to money quickly. Because you don’t need to reapply or submit documents like pay stubs or make statements each time you need money, you can get in, get your cash, and leave in minutes. All you have to do is call us before you arrive, and we’ll work hard to have your money ready for you when you arrive.
Taking Out a Loan with Bad Credit
If you don’t have credit or have poor credit, a bank or credit union might be wary of lending you money. Traditional lenders judge your eligibility for a loan by looking at your credit history and essentially holding your credit score hostage to encourage you to pay the loan back on time. And they leverage hefty penalties if you don’t: repossessing your valuables, suing you for interest, and wrecking your credit score for a long time.
With a flex loan, bad credit or no credit history are not problems. If you’ve been researching flex loans online, then you know flex loan lenders like Midwest Title Loans will never check your credit, nor will they report your loan to a national credit bureau. We think it’s only right to extend credit and trust to anyone who can pay back one of our loans, no matter their current credit score or past credit issues. We only ask that you use your car -- one item -- as collateral for the loan. At Midwest Title Loans, we’re also flexible with our payment plans to help you pay back your loan in a way that fits into your monthly budget.
How Do I Apply for a Kansas City Flex Loan?
Flex loans don’t require any special documentation other than the basics we ask for when you take out an equally-fast car title loan. Anyone at least 18 years of age or older can take out a flex loan in Kansas. To get a loan, you will need to bring with you:
- A drivable vehicle for evaluation. You must bring the car to one of our Kansas branches located in Kansas City, KS or Overland Park, KS. We will check it over to determine its value.
- A lien-free title to the vehicle, in your name. You must own the car you bring in, and the car title must be clear - that means no other liens are currently on the title.
- A valid photo ID. We most commonly see driver’s licenses to satisfy this portion of the application.
- Verification of income. Your most recent pay stubs showing about one month of pay will prove your monthly budget allows you to pay back a car title loan or flex loan.
Midwest Title Loans Gives Short-Term Loans in the Kansas City Metro Area
Great news! If you live near Johnson County, Kansas or Wyandotte County, Kansas, flex loan lender Midwest Title Loans is close by!
Why waste your time filling out loan applications with banks, or feel embarrassed asking for money from friends and relatives, when you could have the money you need in as little as 20 minutes? Issuing fast car title loans and flex loans are our specialties.
If you’re ready to take advantage of the money you’ve already invested in your vehicle, come to one of our branches in Kansas City, Kansas at 2500 State Avenue or Overland Park, Kansas at 8212 Metcalf Avenue to get started. To learn more about flex loans or fast car title loans online, visit our website. We look forward to helping you soon!Read more
May 4, 2020
How Can I Tell If My Car Title Is Clear vs. Clean?
Bring your Clear Title to Get a Short-Term Loan in Kansas City
There’s only a one-letter difference between clear and clean, but when it comes to getting a car title loan from Midwest Title Loans, one will help you much more than the other.
Let’s officially end the confusion about the differences between a clean automobile title and a clear car title, so you know what you should bring to our office so we can help you when you need money now.
What is a Title Loan?
First things first! A title loan is a short-term loan you can take out based on the value of the vehicle you own. Title loan companies in Kansas City, like Midwest Title Loans, evaluate your vehicle, your monthly income (and ability to repay the loan), and the amount of money you’re requesting, to determine whether you can get cash fast.
If you’re approved for a title loan - and most people are - you can leave our office with your money and car keys in your hand! Why are most people approved? Because we don’t believe in checking your credit history.
We think if you need money to pay an unexpected bill or make an important purchase, you should be able to get financing for that. Instead of reporting to credit bureaus and checking your score, we simply consider your ability to repay the loan based on your monthly budget.
What is a Clean Car Title?
Have you ever used the slang word “clean”? Then you know what it means in that situation: in good condition, slick, or perfection, right?
That’s similar to what a car insurance company considers a clean title! A car with a clean title means the car has never been totaled, according to an insurance company. Cars without clean titles are sometimes called salvage cars, or are said to have branded titles. When a car is totaled or given a salvage title, it means the damage to the car after a wreck would cost more to repair than the value of the vehicle.
When you’re looking to buy a used car, you probably want to find one with a clean title because it most likely means the car you’re getting is structurally safe.
While a clean car title is obviously important in the long run, a clear car title is what gets you money when you need it!
What is a Clear Car Title?
A clear car title is one that doesn’t have a financial lien against it, preventing the vehicle from being sold. A car title is not clear if you owe money against your vehicle, like if you’re making payments or have other current title loans. A vehicle without a clear title doesn’t fully belong to you until you’ve paid back lenders or other third parties who can claim ownership.
However, just because your car title isn’t clear doesn’t mean it will completely disqualify you from another type of short-term loan from us! Without a clear title, you could still qualify to receive a different type of cash loan from Midwest Title Loans. A car title loan, however, depends on the amount of money you need, the total value of your car, and whether you have other loans on your vehicle. You must have the title in your possession, and it also must be in your name.
And let’s go back to clean titles for a minute. Can you get a title loan on a salvage car? The answer is yes, it is possible, depending on your specific situation. Even if you’re seeking a title loan with a salvage car title, it’s worthwhile to inquire with us in one of our four locations in the Kansas City metro about whether you might qualify for a short-term loan. You only need to be able to drive it to us for evaluation as part of the loan process.
How Do I Get a Title Loan in Kansas City?
Getting a car title loan in Overland Park, KS is a simple process. As long as you’re 18 years or older, anyone looking for quick cash in Gladstone, MO or Kansas City, KS can qualify for a car title loan.
To apply for this loan, bring:
- Your vehicle and its lien-free or “clear” title in your name
- Your government-issued photo ID
- Your latest pay stubs
We’ll ask that you fill out a short application before we do a quick evaluation of your vehicle. Then, we’ll issue a title loan based on the value of the car and your ability to pay back the loan. You drive away in your vehicle with your keys, while we hang onto your title.
All our short-term loans in Kansas City are based on a 60-day renewable contract. You have the option to renew your account for 60 days simply by paying the interest due if you need more time to pay off your loan. We’re always happy to work with you so you are able to comfortably fulfill your financial obligations on your monthly budget. Once you’ve paid your account in full, you’ll receive your title back from us.
Choose Midwest Title Loans in Missouri and Kansas
When it comes to getting money when you need it, your options are limited! Financial struggles are frustrating, and made worse when you have difficulty getting cash quickly. For almost 25 years, Kansas City has turned to us at Midwest Title Loans for the most flexible and customer-friendly service in the area. Our thousands of satisfied customers are proof that we have continued to maintain our focus on helping people in our community throughout the years.
If you’re ready to take advantage of our short-term loan options, contact us today, or visit one of our locations in Kansas City, MO on W. 85th Street at Wornall Road in Waldo; Gladstone, MO on North Oak Trafficway at NE 64th Street; Overland Park, KS on Metcalf Avenue at W. 82nd Street; and Kansas City, KS on State Avenue at N. Washington Boulevard.Read more
April 24, 2020
Don’t Pass on Doing Summer Home Projects
A Car Title Loan Can Fund Your Tools and Materials
You’ve heard the saying, “April showers bring May flowers.”
Well, here in the Kansas City metro area, we could say, “Winter weather and spring storms bring summer home repairs.” It’s not as catchy or concise, but it’s still completely true.
When the summer season finally rolls around, you probably have a list of work that you need to do to keep your house in good condition. If you don’t make the repairs, the condition of your home will get worse and worse, until it becomes a very expensive repair. By keeping up with fixes, you can actually save money on household maintenance.
If your house has a long list of repairs after a harsh winter and spring, but your bank account is looking a little low, a car title loan could be the answer to your funding problem. This type of short-term loan gets you cash-in-hand in as little as 20 minutes, so you can buy what you need to keep your house in optimal condition.
Home Repairs Title Loans Can Pay For
Roof and gutter repairs. The weight of snow and ice puts strain on your roof, and icicles weigh down your gutters. Spring storms with high winds blow shingles right off your house. You may need to replace missing shingles and broken gutters to keep your family dry and prevent damage to the interior of your home. Consider extending your downspouts at least 10 feet from the foundation of your home--an inexpensive way you can protect your basement from taking on water. If your house is tall, you might also hire a professional to thoroughly clean your gutters.
Maintain your central air conditioning system. Before you consider turning on your air conditioner, call a heating and cooling professional to inspect it. This technician will make sure your equipment is running properly and advise you on any repairs you could expect later in the season. Generally, an inspection and maintenance is far less costly than performing big repairs, so it’s a worthwhile expense to take on before the heat of summer hits.
Window insulation. Fluctuations in temperature, especially from going from warm to cold and back again, pulls caulk away from window seams, which make your house more drafty, and your HVAC less efficient. Remove old caulk and reapply new to any areas with gaps to save on energy bills. It also will improve the look of your home interior.
Paint. Interior paint is never exposed to the elements of the great outdoors, but it still needs a refresh every once in a while. Paint also is an inexpensive way to change the whole look of your home. Paint, primer, and good-quality brushes and rollers can help you achieve an interior paint job on-par with the pros. You should also take the time to touch-up your soffits and fascia boards, and repaint areas of your masonite or wood siding to protect them from the elements.
Repair your driveway. Ice melt and frequent shoveling can lead to cracks in your driveway. To keep your driveway looking great and functioning like it should, consider getting a new driveway poured, or repairing your existing one using DIY tools and materials from your local hardware store.
Trim tree limbs. Winter ice breaks tree limbs, and so do heavy spring winds. In Gladstone, MO, and Overland Park, KS, no one is safe from summer winds or tornados, either. Keep your house safe from falling branches by proactively trimming them back, or cutting down dead trees altogether. Consider hiring a professional tree service for larger jobs, which can be dangerous.
Fix up your deck. Decks built with pressure-treated lumber can still sustain damage and wear from the elements. Even if you diligently swept snow off it all winter, you may still need to conduct repairs to keep it looking good and standing strong. Rent or buy a power washer to remove debris from the decking materials, and apply a seal or protective stain while it’s warm and sunny out. Replace rotting boards as needed.Simple steps like these can extend the life of your deck.
Look for and fix foundation cracks. As the ground freezes and thaws, soil beneath your house can shift, causing minor cracks in your foundation. Because the foundation is one of the most important elements of your home, you should take action quickly! Foundation cracks can affect your whole house and create water problems in your basement or invite pests inside. If your foundation’s condition is critical, you should consider calling a professional to determine what kind of repairs you’ll need to make to keep your home standing strong.
Find South Kansas City Title Loans
You don’t need to waste time asking your friends, “Where can I get a title loan near me?” or searching Google to find a reputable lender. With locations in Kansas City, MO; Gladstone, MO; Overland Park, KS; and Kansas City, KS, Midwest Title Loans is a clear choice for when you need money fast. We are one of the oldest and most respected title loan companies in the area.
All you need to qualify for a short-term loan is a vehicle with a lien-free title in your name and a photo ID. At our office or online, you’ll fill out a short application form. Then, you’ll be approved for a loan and drive away in your car, while we hang onto your title. All you have to do is repay your loan with our easy 60-day renewable contract, and then you’ll get your title back when you’re paid-in-full. We’ll work with you on a payment schedule that fits your needs.
The loan amount depends on your car’s appraisal, your budget, and how much cash you need. Our loans typically range from $150 to $5,000. We never check your credit, so it’s easy for everyone to get approved for the money they need. If you’re needing to do home repairs this summer, a title loan of any amount can get you started on the work within 20 minutes of applying.Read more
April 13, 2020
Wedding Financing Tips
Title Loans Can Help Fund Your Big Day
Engaged couples in Kansas City, Missouri, spend an average of $23,000 on their weddings. The costs of all components of a wedding can really add up quickly. But, because it’s one of the biggest days of most people’s lives, it only makes sense people are willing to pay a lot of money to throw a beautiful and fun celebration of love.
All of those services you have to book in advance often require down payments early on to secure your wedding date. Even if your wedding is months or a year down the road, now is the time to make sure you can pay the initial fees to make your big day exactly the way you want.
If you’re short on your down payments and are in need of getting money quickly, you could consider a car title loan from Midwest Title Loans. A short-term loan like a title loan can get you cash when you need it.
Wedding Services You Can Pay For With a Title Loan
You can customize your wedding by choosing a venue that suits your style, the type of entertainment you prefer, and with do-it-yourself decor. Title loans can help you pay for lots of wedding day essentials:
- Down payment to secure your wedding venue. The wedding and reception venue set the tone for your entire ceremony and wedding, so it’s important you pick one that you love and that matches your personal wedding style. With dates booking out years in advance, if your date of choice is available, you need to put a down payment on the date to secure it for your wedding. A title loan can help you assemble this first payment to make sure you get to have the wedding of your dreams on the date of your choice.
- Live music or a DJ service. The live band or DJ keeps your wedding reception moving at a fun, festive pace and helps guide the evening’s events, like the cake-cutting, bouquet-toss, first dances, and wedding party toasts. Like wedding venues, you need to book your music in advance, and popular live bands and DJs are always in demand. Use a short-term loan to secure the DJ, or to pay for their services on your wedding night.
- Flowers. Depending on the type of flowers the bride desires in her bouquet, the florist bill can get pricey fast. An easy way to cut down on flower price is to use flowers and other botanicals that are in season during your wedding. In the fall, for example, hardy mums showcase autumn colors and are complemented by loose and lush eucalyptus. In the spring or summer, the bride might choose daisies or lilies to complete her bouquet and floral decor look. But, no matter what, flowers can come with a hefty price tag, and payment is usually due upon receipt of the flowers. Make sure you have the cash to pay your florist on your wedding day.
- Catering. What kind of party would it be without some kind of food? If you’re serving hors d'oeuvres during a cocktail hour, a buffet, or a full-sit down dinner, you can expect to pay anywhere from $12 to $100 per person! Even a small guest list drives up the food bill. And, you don’t want to forget to tip your caterers--which makes food costs even higher.
- Decorations. Even if you take a DIY-approach to centerpieces, aisle decor, and other decorations, the components of everything can be expensive, especially if you want something a little more unique than a few candles in mason jars! When you calculate the cost of making decorations yourself, it’s almost always cheaper than buying them premade, but a trip to the local craft store can still set you back significantly.
- THE wedding dress. When you put it on and know it’s the one, you will do almost anything to make sure you get to wear the perfect dress on your wedding day. Sometimes you don’t find the right dress for you by staying in your initial dress budget. And that’s OK! It’s a very special dress, so you deserve to make sure you truly love it before committing to it. Say yes to the dress and help fund the purchase with a short-term loan.
- Photography. You don’t want to trust just anyone with a camera to capture your big day. You want a professional photographer who knows how to capture every event during your wedding day, in a photo style that you adore. And like venues and caterers, photographers need a down payment to secure your date.
- Wedding party costs. Buying gifts for your bridesmaids, groomsmen, and parents, plus their flowers, and the rehearsal dinner doesn’t seem like a lot. Oh, $30 for your best friend? No problem, until you multiply that by the total number of wedding attendants you have asked to share your special day. A title loan can fund the purchases you need to make if you run short of money as you put the finishing touches on wedding planning. And if you’re a member of the wedding party, you can expect to fork over a pretty penny, too. Being in the wedding party will set you back a national average of $728! Because dresses, tuxes, and accessories can change with the season, you are sometimes working with a short window of time to purchase or rent them - and not being able to do that means you could hurt your friends’ feelings. Be sure you have the funds with a car title loan.
How Do I Get a Car Title Loan in Overland Park, Kansas, or Gladstone, Missouri?
Luckily, getting a car title loan in the Kansas City metro area, including St. Joseph, Missouri, is a very easy process that doesn’t take long at all. Instead of spending time searching, “title loan near me,” visit Midwest Title Loans!
To secure a car title loan, you will need to own a car without any liens on the title. Bring the title and your photo ID to Midwest Title Loans, where one of our experienced associates can help you determine the amount of loan you qualify for. Your loan is processed, and you walk out of our offices with cash - and your car keys - in your hand. You can even drive away in your car.
At Midwest Title Loans, we don’t check your credit, and we don’t care if you’ve had less than stellar credit in the past - or present. Your clear car title is your collateral, and everyone with every type of credit can apply for a loan with us.
Our loan repayment options take into account your income, and we will work with you to be sure you can pay off your car title loan you get from us. Because title loans are short-term, you don’t have to deal with a long, drawn-out process of payment schedules or high interest fees.
If you’re ready to get started and get money to help finance your upcoming wedding, you can pre-apply for approval online before visiting us to get your cash. We’re standing by, ready to help you, at our four convenient locations.Read more
April 6, 2020
How to Pay Your Bills During the Coronavirus Outbreak
A Car Title Loan Can Help
Unless the government or your boss labeled you as an “essential” employee, or you have had the luxury of telecommuting, you might not be working and will miss some pay because of the coronavirus pandemic. Particularly in the Kansas City metro area, including Gladstone and Grandview, many businesses temporarily closed their doors to the public and cancelled their employees’ shifts as a money-saving measure to combat the profit they’ll lose due to COVID-19.
If you had the misfortune of being one of the people to lose your job because of this crisis, it is understandable that you may be struggling to pay for life necessities while we “flatten the curve” and slow the spread of the illness. While an economic stimulus package from the federal government and unemployment pay can help, sometimes that just isn’t enough money to cover all your bills. Don’t feel helpless! You can take action to improve your situation.
A short-term loan can help you pay for expenses during your time of need, and give you the opportunity to pay it back without impacting your credit score or being blindsided by incredibly high interest rates.
How Can I Use a Title Loan to Pay My Bills?
If you have unexpected bills, like from a medical issue, or if you have bills you cannot pay because you did not earn enough money this past month due to coronavirus shut-downs and shelter-in-place orders, a car title loan can get you the money you need to pay your bills.
When you take out a car title loan, you leave our loan company with cash in hand, which you can use for whatever you want.
Think about using a title loan to pay:
- Home utility bills. If you have been out of work and stuck at home, it is likely that your utility bills will be a little higher than normal because you are using more electricity, gas, or water. When you are at work, you’re away from home, and these utilities are used far less.
- Credit card bill. If your credit card bill is due, and you need to make a payment to avoid late fees and a hit on your credit score, a car title loan can help you avoid the trouble.
- Rent or mortgage. Keeping a roof over your head is very important right now. Don’t risk losing your home or being evicted because you are short on money during the coronavirus pandemic. A short-term loan can get your rent or mortgage paid while you wait to get back to work.
- Cell phone and Internet bills. Especially if you are now working from home, you need both a phone and the Internet to keep your job. Make sure your bills get paid with a short-term loan from Midwest Title Loans.
- Car maintenance. If you’re an essential worker and have to drive to work each day, but your car is having problems that you can’t afford to fix, consider a title loan to cover the mechanic’s fees. You can pay back the loan after you get your next paycheck.
- Household repairs. The unexpected can always happen when it comes to household items, like appliances, roofs, or basements. A short-term loan can help cover surprise costs and keep your family comfortable at home.
- Unexpected medical bills. Perhaps you got sick during the pandemic and could not work while you completed your fourteen-day quarantine. If you were unable to take sick leave or paid time off during this time, you are definitely short on income this month. If you had to pay out-of-pocket for your diagnosis and prescription medication, you have even less money than you anticipated. Let a title loan bridge the gap to your next paycheck now that you’re healthy enough to return to work.
- Groceries and other household necessities. Grocery stores and neighborhood market shelves were cleaned out by shoppers looking to stock up before the shelter-in-place orders were announced in the Kansas City metro area. If you need to restock your pantry or perhaps purchase more toilet paper, but you’re out of cash, get a title loan so you can get the necessities you need to continue staying safe at home.
How Can I Get a Car Title Loan?
- Your vehicle
- The title to your vehicle, as long as it is free and clear of liens
- A photo ID
Our associates will evaluate your current income and value of your car to determine the amount of money you can take out as a short-term loan. We will explain all terms, conditions, and requirements before you sign any paperwork, and we’ll never pressure you into taking out a loan, either.
At Midwest Title Loans, we will work with you to set up an agreeable payment plan, and you’ll leave with money in-hand to pay your bills. Best of all, you get to keep your keys and your car. Simply pay your loan back on time, and your debt is completely cleared. Our car title loans usually range in value between $150 and $5,000, depending on the value of your vehicle and budget.
We do not need to run a credit check to get you the money you need because the loan is secured with your car, not based on your past credit history. Regardless of your credit score, Midwest Title Loans can get you a loan. We truly believe that everyone deserves to get financial help when they need it, and we are here for you.
Where Can I Find a Title Loan Near Me?
Midwest Title Loans has four convenient locations in the Kansas City metro area, including Kansas City, MO; Gladstone, MO; Overland Park, KS; and Kansas City, KS. Learn more about our title loan services on our website, then come visit us to get the funding you need today. Speed up the process by completing our Online Title Loan Information Sheet before you arrive. We look forward to helping you get back on your feet during this stressful time!Read more
March 25, 2020
Get Extra Cash for Your Vacation with a Title Loan
Get Extra Cash for Your Missouri Vacation with a Car Title Loan
Now and then, we all need a little help with our finances. Whether you’re looking to cover medical bills, emergency repairs, or tuition fees, there’s no end of reasons to get extra cash through a loan.
You may have found that vacation time has rolled around, and you’re worried you don’t have enough money to cover all of the expenses. You don’t need to travel far to have a fantastic vacation, and a local adventure can be just the ticket! Missouri has a wealth of fun for the whole family and breathtaking natural beauty if you get out on the road to experience it.
If you’re looking to splash out on a Missouri vacation, why not take out a car title loan? All you need to have is a vehicle with no liens on it. Title loans are quick, easy to get, and have no hassle or credit checks. Midwest Title Loans offer some of the best loans you can get in Kansas or Missouri today.
What is a Car Title Loan?
If you have a vehicle, you’ve made the first step for qualifying for a car title loan. A title loan uses your vehicle as collateral for the loan—it’s as simple as that. And don’t worry, you keep the vehicle and can continue to use it. Once the loan is paid back in full, the title becomes yours again.
Title loans are particularly good for short-term loans for cash you need quickly. They’re really fast to get, and you don’t need to worry about credit checks or previous credit issues you may have had.
Another major benefit of a car title loan is the potential for lower interest rates, if you qualify. Because your loan is backed by the equity in your vehicle, it is a secured loan and the lender is able to offer a lower interest rate compared to a payday loan or other unsecured loan.
How Do I Qualify for a Car Title Loan?
It’s easy and straightforward to get a car title loan. First, drive down to Midwest Title Loans in your car, and bring along the title (clear of any liens) and your photo ID. There are several Midwest Title Loan locations in the Kansas City are to choose from, including Overland Park, and Gladstone, so you shouldn’t be too far from the closest office.
Second, your vehicle will be checked over and evaluated. This information is required to put together a title loan suitable for you. The application doesn’t take long either, and based on the cash you need, you’ll get a title loan whipped up quickly, ready for you to sign. There’s no hidden information or conditions as all loans are laid out simply and plainly. Because there are no credit checks either, you could be all done within 20 minutes.
Third, drive away in your car and with your keys. Once everything is approved and signed, you’ll drive away in your car along with the cash you need. A renewable repayment plan is set up, and we give the title back to you once your loan is repaid in full. Most people choose to repay their loans over a short period.
How Much Cash Can You Get?
The typical value of these loans will vary depending on the value of your vehicle, the requirements for the loan, and the amount you need. A title loan can range from $150 to $5,000—plenty for a fun or even lavish vacation in Kansas or Missouri.
Pay for Vacation with a Car Title Loan
There are so many things to see and do in Missouri. Create an affordable vacation from these fun options, and fund your trip with a title loan.
Why not travel to Branson to visit Silver Dollar City, the theme and water park featuring 30 thrilling rides and attractions, world-class events and shows, as well as many restaurants and shops? Or visit the Titanic Museum, a beautiful and informative museum dedicated to the Titanic.
Missouri is also home to beautiful wildlife parks and nature gardens, such as the Missouri Botanical Gardens in St. Louis, and the Butterfly Palace—home to 1,000 live exotic butterflies in a large tropical paradise. Get the kids off their tablets and experience a little bit of the nature around them.
Why not visit the Gateway Arch, an iconic arch symbolizing the expansion of America? You also can visit the Lake of the Ozarks, Elephant Rocks State Park, Hannibal, and many other wonderful spots. They’re all just a stone’s throw away and make for fun family vacation spots on a budget.
Consider a Staycation in Kansas City
Maybe you are looking to stay close to home and enjoy a few days off work instead of traveling somewhere. Find great things to do right here in Kansas City!
If you like shopping, visit the Country Club Plaza and enjoy its European-style architecture. There’s the Nelson-Atkins Museum of Art, the home of 40,000 stunning art pieces, which would take weeks to see it all! Or get your thrills at iFLY Kansas City Indoor Skydiving—all the skydiving, without falling thousands of feet from a plane. There’s also the Safari Zoological Park for nature lovers, the Kansas City Zoo, and so much more. It’s all there waiting for you and your family to make memories, and you can pay your admission fees using a short-term loan from Midwest Title Loans.
Take Out a Title Loan for Your Vacation Needs
Title loans are handy because they’re quick and easy to get, and if you have a vacation coming up or are planning one soon, you don’t have to stress about coming up with extra cash. Bank loans often require rigorous credit checks and take a long amount of time to approve—the opposite of what you get with a car title loan.
Remember, all you need is a vehicle with a clean title (free of liens) and photo ID, and you could walk out with a loan up to $5,000 within 20 minutes. Midwest Title Loans offer some of the best and quickest title loans you could hope for too, so why not head on down and enquire at one of our four convenient locations in Gladstone, MO, Overland Park, MO, Kansas City, MO, and Kansas City, KS?Read more