The much anticipated Super Bowl 2014 match between the Ravens and 49ers will put you back anywhere from $2,119 to $53,000! Might it be worth having a car title loan to cheer on the team to this coveted name of Super Bowl Champs?
If you are one of the die hard fans trying to Title Loans Florida fund your trip to see that the two teams battle it out, you might need to seek out each your resources. But can a auto title loan convince one to the superbowl? Sure it could help but is it worth it once you get home and have to face the truth of paying that loan? Putting yourself in a precarious position with financing may be putting more at risk than you think. Tapping into your mortgage or rent payment, setting off regular statements or draining your savings will merely start a vicious cycle of cash chaos!
Spending that quantity of cash when you don’t really contain it needs consideration and time along with a financial plan to afford it. A short-term car title loan could allow you up to $5000 predicated on the equity and value of one’s vehicle. There are no credit checks therefore your odds of having approved are decent so long as you own your car outright, have the pink slip to prove it, have a bank checking account with direct deposit, and have a stable job and also make the minimum monthly income required by the lending company.
Remember, you might have to pay a commission to borrow the money. That amount will be added onto the amount you borrowed. For instance, if you invest $1000, you will probably pay (typically) 8% in fees. That means you’re going to be paying back about $1200. Most car title loan lenders likely to be repaid within a month or two. In the event that you fail to cover in full, you will need to expand your loan which will cost you more with fees and interest. Paying back in three months will probably cost you a total of around $1625. If your loan obligations are “intercepted” by the inability to pay, you risk losing your car. That’s right, the car title loan creditor gets got the right to repossess your car for nonpayment. This usually means you may be permanently benched from getting to work, school and anyplace else.
With that said, ask yourself if it is really worth it to borrow to go to the big game? It could be best to find an alternate and a whole lot cheaper ways to enjoy GameDay. You might perhaps not be there personally but you can certainly enjoy your day without getting tackled by debt.
*Going Big- Should you or somebody you know owns a big screen, enjoy being there (virtually) while getting a play-by-play onto all of the action, having the option to make use of your bathroom it does not always have a line, as well as making unlimited trips to the snack bar without paying a lot of money. Fewer people seeing means that a better seat around!
*Get your game on in a local sports bar- Cheer as loudly as you need without offending anybody. After all, isn’t why all the other individuals in the pub is there? Enjoying a bunch who’s rooting for exactly the identical thing can be equally as exciting (well nearly) because the true thing. Not to mention, the meal will be attracted for you in the place of having to hike of heaps of stairs and potentially miss a fantastic play.
*Tailgate minus the ticket- In case you really want to be there and are close enough, have a tailgate party in the parking lot over the day of the game. Enjoy the Pregame excitement, shoot picture’s with lovers and cheerleaders, and post your party onto Facebook so you can let your friends know you’re there (even if you didn’t actually make it indoors)
It may well not be your ideal superbowl experience however it’s undoubtedly better than breaking the bank.