What Can You Use a Car Title Loan For?

What Can You Use a Car Title Loan For?

Car Title Loan

You may find yourself asking, “ What can you use a car title loan for?”, or “Do you have to tell the lender what you want to use it for?” Car title loans can be used for any bills or expenses that you need to cover.

One of the many pros about car title loans with TFC Title Loans is we are a “no questions asked” customer service experience. When you call or apply for a title loan, we don’t ask why you need it unless you willingly share that information with us. Borrowing money can be a personal topic for some people, and we want to respect our customers.

Since 1994, TFC Title Loans has been one of the leading auto title loan lenders in the area. We’ve handled car title loans with thousands of people, offering them the same great customer service. People have taken out a car title loan for so many diverse reasons. Here at TFC, we offer anywhere from $2,500 to $50,000. Does your financial emergency fall into that range?

Home Emergency

When we least expect it, something can go wrong in our home. The air conditioner might break, the water heater might stop working, or maybe even your fridge won’t stay cold. No matter the household problem, you can take a car title loan out to pay for your home emergency.

  • Central Air Conditioning Unit

The national average to replace a central air conditioning unit is $5,315, ranging from $3,715-$7,165. The lowest could be $1,800 when the highest has hit $10,250.

  • Water Heater

The average cost of a water heater and installation depends on if it is tank or tankless. With a 40 to 50-gallon tank, the cost could be around $889. A tankless water heater has an average of $3,000.

  • Refrigerator

A top-mounted freezer model is the least expensive which can cost about $350 to $600. Bottom-mounted freezer refrigerators may cost you from $80 to $1,200.

  • Dryer and/or Washer

If you need a washer and/or dryer, these could cost you. A new washing machine can cost between $250 and $2,050; dryers can cost from $200 to $1,750.

Mechanical Repairs

Even if your car malfunctions, TFC Title Loans can help you pay for it with a car title loan. You could use the title of that vehicle, or even use the title of another vehicle you may own. Having to pay for a mechanic and parts together can often set you back. A car title loan can help!

  • Catalytic Converter

CarMD.com names this the second most common car repair when your “check engine” light comes on. Depending on the vehicle, the total costs with parts and labor could go as low as $300 to as high as $3,000. The average cost hits in the middle at $1,029.

  • Ignition Coils

From the top 10 car repairs of 2015, this one hit at number 3 when included with spark plugs, but number 6 alone. With spark plugs, the average cost is about $390, while alone its $236.

  • Brake Pads

Another very common replacement, the average cost of a brake pad replacement could be $150 per axle, ranging from $100 to $300 per axle.

  • Oxygen Sensor

This is actually the number one engine malfunction, according to CarMD.com. It can fail because of neglecting car repairs, engine leaks, or using the wrong gas. The average cost hits exactly $258.63.

Hospital Bills

Whether it’s a broken bone or some unfortunate accident that sent a family relative to the hospital, TFC can help you cover those unexpected medical costs with car title loans. Even if you have a pet that needs surgery, we can help cover it.

  • Pet: Swallowing Something Foreign

If your pet manages to swallow a toy or another foreign object, the average cost according to pet insurance claims and vet costs is about $2,964.

  • Childbirth

A common complaint in the medical field, mothers are agitated by the out-of-pocket costs for having a child after their insurance covers. According to one report, a woman had to pay over $5,000 in hospital bills.

  • Broken/Fractured Arm

A report on a health website placed the cost for a cast on a small fracture in an elbow to cost a family $1,200 even with good insurance. Other reports after insurance even claim having to still pay between $400 and $900.

  • Wisdom Teeth Removal

Including the cost of anesthesia, follow up visits, and the surgical removal, in 2017 the average cost of a wisdom tooth removal was between $200 and $500 per tooth. Removing all four, you can expect to pay about $1,500.

Impound Loans

If you have a vehicle that has been towed, TFC could help you cover the costs with a car title loan so you can get back on the road! There are many fees associated with an impound from recovering the vehicle to an extra towing fee. Even the type of vehicle can affect the price.

  • Release Fee

In order to release your car and get it back, you need to pay the fee for them to give it back to you. This ranges from $90-$250, possibly even more.

  • Towing Charges

Having a vehicle impounded will also cost you for the actual act of towing. This ranges from $100-$800 depending if it’s a private company, while local laws may set a maximum.

  • Flatbed/Dolly Fee

If the vehicle was disabled for some reason, there may be a fee for having the car put on the flatbed or dolly. This is a little smaller of a fee, but still $40-$150.

  • Storage fees

The longer you wait, the more it will cost you. Depending on local regulations, storing your car for more than a day could set you back $10-$100 per day.


It may sound too good to be true, but a car title loan allows you to spend your funds on whatever you need to. If you’ve been going through a stressful time, want to take a vacation, and just don’t have the funds right that moment, then a car title loan could help give you the vacation you’ve been waiting for.

  • Domestic/International Airfare

Depending on where you want to go, airfare is usually what can cost you the most. On average, a domestic flight could cost about $350 to $399, while an international flight could cost about $992.

  • Daily Hotel Costs

Right now, the average hotel cost for 2017 is at $130.85. Like airfare, it’ll depend on the season and where you will be going that will affect your pricing.

  • Vacation Spending

Overall, including your airfare and hotel rate, the average cost per person for a vacation is about $1,145 per person, or $4,580 for a family of four.

Other Bills

If you need to play catch up on your bills, TFC Title Loans can help you with a car title loan. You get your money in your hand the moment you sign your agreement with us. That means, you can put it into your bank account and disperse it how you like. Common bills that our customers use a car title loan to pay for are:

  • Credit card
  • Rent
  • Phone
  • Cable/Internet
  • Electric
  • Other car payment (not the one with the title)
  • Other loans
  • Funeral bills

TFC Wants to Help You with a Car Title Loan

Even if you didn’t see the reason you may need a car title loan, that’s perfectly okay! We see new reasons all the time for why you may need a car title loan. Everyone is different and has their own unique situation. We are a judge-free customer service, and you don’t need to tell us why you may need a car title loan with TFC.

Applying with TFC Title Loans

Now that you know you can use a car title loan for anything, we bet you’re ready to apply for a car title loan. The process is extremely simple with a short application, and the ability to get your funds in as little as one business day. Just follow these three steps:

  1. Apply online through your phone or computer, or call a TFC representative to discuss if you qualify at 844-242-3453.
  2. Submit the documents required by your TFC representative. This will include items like: your free and clear vehicle title, proof of income, government ID, and more.
  3. Once you’ve submitted your documents, you can head over to the nearest TFC Title Loans to sign your documents. When they’re signed, you get your money right there to spend however you wish.

We’ve streamline our application process to make it easier for you. You are moments away from seeing if you qualify! Apply today; there are no obligations.

Popular Right Now

Sorry Not Sorry, My Parents Paid For My Coachella Trip

No haters are going to bring me down.

With Coachella officially over, lives can go back to normal and we can all relive Beyonce’s performance online for years to come. Or, if you were like me and actually there, you can replay the experience in your mind for the rest of your life, holding dear to the memories of an epic weekend and a cultural experience like no other on the planet.

And I want to be clear about the Beyonce show: it really was that good.

But with any big event beloved by many, there will always be the haters on the other side. The #nochella’s, the haters of all things ‘Chella fashion. And let me just say this, the flower headbands aren’t cultural appropriation, they’re simply items of clothing used to express the stylistic tendency of a fashion-forward event.

Because yes, the music, and sure, the art, but so much of what Coachella is, really, is about the fashion and what you and your friends are wearing. It's supposed to be fun, not political! Anyway, back to the main point of this.

One of the biggest things people love to hate on about Coachella is the fact that many of the attendees have their tickets bought for them by their parents.

Sorry? It’s not my fault that my parents have enough money to buy their daughter and her friends the gift of going to one of the most amazing melting pots of all things weird and beautiful. It’s not my fault about your life, and it’s none of your business about mine.

All my life, I’ve dealt with people commenting on me, mostly liking, but there are always a few that seem upset about the way I live my life.

One time, I was riding my dolphin out in Turks and Cacaos, (“riding” is the act of holding onto their fin as they swim and you sort of glide next to them. It’s a beautiful, transformative experience between human and animal and I really think, when I looked in my dolphin’s eye, that we made a connection that will last forever) and someone I knew threw shade my way for getting to do it.

Don’t make me be the bad guy.

I felt shame for years after my 16th birthday, where my parents got me an Escalade. People at school made fun of me (especially after I drove into a ditch...oops!) and said I didn’t deserve the things I got in life.

I can think of a lot of people who probably don't deserve the things in life that they get, but you don't hear me hating on them (that's why we vote, people). Well, I’m sick of being made to feel guilty about the luxuries I’m given, because they’ve made me who I am, and I love me.

I’m a good person.

I’m not going to let the Coachella haters bring me down anymore. Did my parents buy my ticket and VIP housing? Yes. Am I sorry about that? Absolutely not.

Sorry, not sorry!

Cover Image Credit: Kaycie Allen

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10 Things Every College Girl Should Know In Order To Slay Her Next Interview

1. When the employer asks if you have any questions, ALWAYS ask one.

With summer coming up and a ton of college kids scrambling to find last minute jobs and internships, I thought it would be fun to make a list of things that have helped me land some pretty cool jobs and internships in the past couple years.

Whether you are going to an interview in person, you have one scheduled over the phone, or anything in between, interviews are a “make it or break it” for every job.

After countless interviews personally, being on the employer side for interviews as EIC for Odyssey, and lots of advice...I have found these tips to help me nail every interview.

1. When the employer asks if you have any questions, ALWAYS ask one.

This is one that I have just recently been paying more attention to, and man does it makes a difference. As you may have caught on by now, after very interview the employer always asks, "Do you have any questions?". NEVER SAY NO! If you don't ask any questions the employer may think that you aren't interested/don't want to learn more about the company, even if that isn't the case.

2. Don’t look around.

In an interview, and also just in life in general, making eye contact while talking to someone is so critical. Not making eye contact during an interview will make the employer feel like you are uninterested or uncomfortable.

3. Stay confident (even if you totally aren’t).

Confidence is key in any interview. When you are confident you are not only more comfortable and relaxed, but also more attentive and willing to talk. Even if you aren't the most confident person, you just gotta 'fake it till ya make it' and go into the interview with killer confidence.

4. Assure the employer that you 100% want the job.

Make the employer think that this job is your DREAM job. Even if it is just a part time job at a fast food place to make some extra cash, you want to showcase yourself like this job is what you have been dreaming of your whole life. If you look iffy about wanting the job, the employer will give your spot to someone else who wants it more.

5. Look the part.

This one might be a no-brainer, but when you go to an interview be sure to dress accordingly. Obviously you always want to look presentable, clean, and well dressed, but also you want to "look the part". By that, I mean if you are going to an interview for something like a teen fashion magazine for example, look trendy and colorful.

6. Have a good attitude and mindset.

Attitude is everything, and a good employer can recognize a good attitude vs. a bad attitude the second you walk in the door. You can't go into an interview with a bad attitude and the mindset that you aren't going to get the job...or else you really won't get it. Even if you are having the worst day ever, you got to walk in like it is your best.

7. Hype yourself up, but keep it relevant.

When getting interviewed they will ask you a lot about yourself. Obviously throughout our lives we do a ton of stuff, so when they ask you what you've done, instead of going on and on about every single thing you've done, focus on your best few things and go into detail on those.

8. Research the company prior to the interview.

Make sure before you go to your interview that you know the background and basics of the company and position you are applying for. You want to be educated on the company so that there are no surprises when you walk into the interview. Also, the employer will be appreciative that you did some extra research before walking in the door.

9. Thank the employer after the interview and follow up.

It is so important to thank the employer when your interview is done to thank them for taking the time out of their day to meet with you. They will appreciate it so much! Also, sending a short email after the interview following up will make you look professional and even more interested in the position.

10. SMILE!

Job interviews can be scary, but don't freak out and be a robot throughout the entire interview. Smile a little and be authentic! The employer will be happy to see it.


Cover Image Credit: Unsplash

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