To start with it’s not uncommon for roughly one-half of families to be living paycheck to paycheck. Besides that it is well known these days that families lack adequate savings to even cover unplanned and unpleasant expenses. Even the budget-gurus have difficulty juggling nunbers and taking the ouch out of the bill pile. By their very nature, unexpected bills makes it hard to re-boot your budget. So for most people, it’s a matter of mastering the art of finding available credit. It’s just no easy trick to meld the world of spending and saving especially when millions of Americans don’t have the cash flow to pay their bills at the beginning of each month. So, short-term credit lenders, also known as alternative financial services, play a large part in fulfilling an important role in the credit market – a role that traditional banks and credit card companies are generaly unable to provide. Auto title loans Florida are one of the most popular and best ways to deal with a financial challenge. That’s because banks and financial institutions are all about credit. They’re not about same-day funding. So it’s worth remembering that auto title loans Florida make a lot of sense. They don’t require a credit check. Title loans Florida are described as simple-interest 12-month amortized loans which are simply paid back with budget-friendly affordable payments over the course of one year. They are a great alternative to payday loans because the interest is as low as 1.5 percent every month. An added advantage is that you continue using your vehicle while you re-pay your borrowed funds. The interest is pro-rated and there’s no pre-payment penalty. Auto title loans mean only one low payment per month. How good is that. The process typically takes about a half-hour from beginning to end. And better yet, pre-approval takes only minutes. What’s cool is that you receive a same-day bank check or have your funds direct-deposited to your checking account. That’s all you need are two current utility bills in your name, a free and clear title, and a current paycheck stub or bank statement. Getting a loan from a bank has got a lot more red tape than that. It’s easy to see how short-term credit lenders play an important part in the lives of those who need same-day funds that traditional lenders cannot fulfill. The need for short-term credit options is substantial and actually essential for consumers who need them in order to deal with their financial challenges. Licensed auto title loan lenders have the highest standards and follow a set of best practices to help their customers and improve the customer experience. There’s no reason to be on the losing end of a dash for cash. Why wait until tomorow. Collect your documents and contact your local auto loan store and find a workable solution to a nagging problem. For more info look at our FAQs page.