People have used car title loans for just about everything, and getting an apartment is one of the most common reasons. You don’t need an expert to tell you that having a place to live is one of the bare necessities of life, but it can be costly! Maybe you have enough money for rent, but the beginning costs can really rack up.
Affording a Moving Truck
You may not have the luxury of being a big, burly person with a giant truck to haul your stuff in, so you will probably need to hire a truck or service to move your belongings. Depending on your needs, this could run you anywhere from a hundred bucks to a thousand. Getting a title loan could help you take care of this essential moving cost.
Buying new Furniture
You may have all the furniture you need, but you may need some new pieces. Depending on what your living situation was before, you might need to cough up hefty amounts of cash to get some living basics.
You do not have to buy all new items: Craigslist, Goodwill, estate sales, and garage sales are all great places to get good quality furniture for cheap — as long as you don’t mind getting things second hand. Even if you go this route, it still will cost you a pretty penny. An auto title loan might be able to front you the cash necessary to afford these items.
There are many upfront costs that add up when getting an apartment. Although rather dull, you cannot dispute they are necessary steps of the process. Some of these costs include:
- Application fees for credit checks
- First-month’s rent
- Move-in fees or security deposits
- Additional month’s rent upfront in some cases
Using an Auto Equity Loan to Get an Apartment
So, even though you might have enough money for rent once you are settled in, these additional moving costs might be out of your budget.
If you need some extra money to afford these costs, consider taking out a car title loan to spot you. You can get as little as a couple hundred bucks or as much as several thousand dollars for a loan, and you get to keep your car while paying it back! It might only take you a few months until you can pay your loan off and get your title back. Then, you can get your apartment and live with ease!