I’m a responsible, working family man. So would you expect me to get an auto title loan to cover an unavoidable expense?  

A few years ago, no, I wouldn’t.  But times have changed and so have I. 

My wife discovered a malignancy in 2006.  She was a stay-at-home mom with three kids, and it was tough on everyone.  Thus far, she’s doing well and we only pray her prognosis will improve with time.  

My employer has a comprehensive benefits program, including health insurance coverage.  But that benefit hasn’t been so great lately. We now pay much higher premiums than just a few years ago, and each employee covers a greater percentage of those premiums. Costs to our family rose in two years by more than $350 per month.   

The kicker is how it’s still not enough.  She had two operations and several rounds of radiation.  To my shock, our out-of-pocket costs came in at $3300. We had made the decision that she would not work when the second baby came along, so finances were tight already and with unexpected expenses, we fell into the “bad credit” designation because of all that’s happened.  So there was no way we could see of paying that bill.

That’s when we hit on the idea of a car title loan. Under the circumstances, it was a way to buy time and work out a plan.

Our source for fast cash was Memphis Car Title Loans.   You go online, spend about 30 minutes on the online application. You get the loan in your checking account the very next day.  I recommend to anyone in this situation to get loans on car title.  It’s a responsible way to leverage an asset in order to take care of your family.

- Mike N.