Posts tagged with "Fast Cash Loans Stephenville"

The Most Common Financial Emergencies Americans Face Part 2

There are so many potential financial emergencies you could find yourself faced with.

You never know when a financial emergency could come up, leaving you struggling to find the cash that you need. At Your Loan Depot in Stephenville, we know how devastating a financial emergency can be, and the last thing we want is for you to have to live on Ramen Noodles or hot dog water soup because your emergency left you unable to put food on the table. That’s why we’re here to provide you with fast cash loans when you need them most. In our last blog, we touched on several financial emergencies Americans face every day. Here are a few more:

#6. Vehicle Expenses

Unfortunately, in most American cities, public transportation is inadequate. This is especially true if you work a job with irregular hours or you live in a rural area. That means that many Americans rely heavily on their vehicle to get them around, and if an unexpected expense comes up with your vehicle, it can be difficult in more than one way. For instance, if your car were to break down and it needed an expensive repair to fix, or it is beyond repair and will require replacement, not only will you have to figure out how to get the money for the repair or replacement, but you’ll also have to figure out how to get around in the meantime.

#7. Unexpected Travel

When most people think of travel expenses, they imagine luxury vacations on the beach, but not all travel is planned, nor is it all enjoyable. In some cases, you may find yourself with the need to get travel across the state, the country or the world at a moment’s notice, like if a relative gave birth or got sick. Airfare is expensive enough when you have the luxury of planning in advance, but it can be downright debilitating if you find yourself having to buy a last-minute plane ticket due to a medical or family emergency.

#8. Surprising Tax Bill

The good news is that most of us don’t have to think about filing our taxes any time soon, but when the time comes, an unexpectedly high tax bill can leave you scrambling to cover all of your expenses, especially if you were expecting a refund and ended up with a bill instead. This is expected to be a larger than average problem in 2019. The new tax law that went into effect in 2018 has allowed more workers to see more income on their paychecks, but there is a concern that many employers may not be deducting enough, leaving many more people unexpectedly owing taxes.

#9. Emergency Pet Care

Some people may scoff at the idea of pet care being a financial emergency, but most people understand how important pets are to their families. In fact, most pets are important members of the family, just like everyone else! But, if you’ve ever had to take your pet to the emergency veterinarian during off-hours, like overnight or on the weekends, we don’t need to tell you how expensive it can be. And, even if your pet is able to go to your regular veterinarian, an emergency surgery or another emergency treatment could set you back thousands of dollars.

#10. Sudden Move

There are many possible reasons as to why you may need to move out of your house unexpectedly. Maybe you’re renting your home month to month, and your landlord decided that they’d rather sell it instead. Maybe there was a gas leak or another emergency that makes living in the home unsafe for the time being. Or, maybe you can no longer afford the mortgage or rent payment for some reason. Whatever the reason, an unexpected move can be incredibly expensive and stressful, leaving you to figure out how to make it work while still putting food on the table.

When you’re facing a financial emergency, let Your Loan Depot help you find the cash you need.

In this blog series, we touched on 10 common examples of financial emergencies, but there are many more possible emergencies you could find yourself facing. No matter what kind of financial emergency you’re faced with, though, you’ll find the fast cash loan you need in Stephenville with Your Loan Depot. Contact us today to get started.

The Most Common Financial Emergencies Americans Face

Unfortunately, Americans face financial emergencies every day.

No matter how predictable and routine your life may be, all it takes is one emergency to flip it on its head. The truth is that you never know what life will throw at you; all you can do is to be as prepared as possible. But, the unfortunate reality is that many Americans simply don’t have the savings to weather the financial ramifications of most emergencies. Stagnant wage growth, high rent and lots of debt make it almost impossible for many people to scrounge enough money together to save enough to cover even a $400 emergency. But, the good news is that Your Loan Depot is here to provide you with the emergency fast cash loans you need in Stephenville and throughout Texas. Here are a few of the many financial emergencies we can help you through:

#1. Job Loss

Regardless of whether you are the one who lost a job or your spouse or partner did, it can be devastating. For most of us, our jobs are our biggest source of income, and that income is not easy to replace. Your best bet in a situation like this is to secure another position right away, but that’s not always possible. Sometimes, a short-term loan, like a title loan, is a great option to help you make ends meet until you are able to start getting paychecks again.

#2. Increase in Cost of Living Expenses

If you rent your home or have a flex-rate mortgage, then a fluctuating economy could quickly leave you with a monthly payment that is much harder to make. Or, if say the cost of gas went up, you may find yourself with higher utility bills than you’re used to and you may not be able to afford them. No matter the case, an increase in your living expenses can be hard to cover, especially if you’re already on a tight budget.

#3. Medical Expenses

In the United States, one in five working-age Americans who have health insurance have trouble keeping up with their medical bills. The rates of uninsured Americans who have trouble paying their medical bills are even higher, at about 53 percent. Whether or not you have insurance, a large medical bill can be crippling. Unexpected bills, typically resulting from a sudden injury or illness, tend to be the most troublesome for Americans, but even medical bills that you expect, like the ones you get from long-term treatment, can make it difficult financially for many people.

#4. Natural Disasters

On August 25, 2017, Hurricane Harvey hit Texas, leaving behind $125 billion in damage and taking the lives of 88 people. The flooding from the hurricane alone forced about 39,000 people to evacuate their homes. Many of the victims of Harvey undoubtedly faced severe financial hardship, even if they had flood insurance. But, not every natural disaster has to be this extreme to put Americans in a difficult financial situation. Even something as simple as roof damage caused by hail or a flooded basement after a rainstorm can put a family in a dire financial situation.

#5. Household Repairs

When household emergencies happen, they can leave Americans with huge repair bills that can be difficult to afford. While some of these repairs may be able to wait a few months for you to save up the money, some of them require immediate attention. For example, if your hot water heater were to break, it’s not really something you can afford to live without. You need hot water for everything from doing the dishes to taking showers, and you’ll be looking at spending up to $900 for a new hot water heater, plus another $200 or so for installation. Considering that 40 percent of Americans don’t even have $400 set aside for an emergency, you can bet that $1,100 will be difficult to come up with.

When you need fast cash for a financial emergency, you need Your Loan Depot.

No matter what kind of financial emergency you’re facing, turn to Your Loan Depot. We offer payday loans and title loans that can help you get the money you need when you need it most. Best of all, we can work with almost anyone, even if you have a bad credit score.

Contact us today about applying for a fast cash loan in Stephenville, and stay tuned for our next blog to learn about more common financial emergencies Americans face.