Looking to take a vacation during the 2014 holiday season, but don’t quite have the cash to pull it off? Have you considered getting a vacation loan?

If work and life responsibilities are getting you down, then you could probably do with a much-deserved vacation. But even if all is going well, you still might need to take a break from the daily grind to find relaxation and rejuvenation.

However, vacations aren’t all stress-free, especially when it comes to paying for them. Some vacations are extremely expensive, and for most of us, that’s where holiday cash loans can be extremely useful.

Bad Credit Vacation Loans

Even if you bad terrible credit, you may still be able to take the vacation of your dreams, a true once-in-a-lifetime trip, if you’re willing to pay for your vacation in installments. And if you are, then Car Capital Financial can help. We’ve provided safe, reliable, affordable car title loans for over 15 years, and we can get you the vacation money you need today!

Call us now at 1-888-500-9887 for details.

Need a Loan for Your Next Vacation?

If you’re ready to take the vacation of a lifetime, but need to raise some funds to help afford it, then you’ll want to consider the following loans for raising vacation money:

1. Car Title Loans

Have you paid your car off in full or do you have just have a few payments left? If so, you could get a car cash title loan to finance the vacation of your dreams. Title loans award you with cash in exchange for temporary ownership of your vehicle’s title, and they can raise thousands to tens of thousands of dollars, depending on how much your vehicle is worth.  Title loans are issued based on your ability to repay the loan.

Some title loan companies (like Car Capital Financial) will even let you keep physical possession of your vehicle throughout the course of your loan, letting you drive it and use it however you’d like as long as you continue to make loan repayments on time. Once you’ve fully repaid your loan, your car’s title is returned to your name and you can go about your merry way, knowing that you were able to finance an incredible holiday trip without having to sacrifice any of your most valuable possessions.

If you need to raise vacation money fast, but can’t sacrifice the use of your vehicle, and don’t have anything to sell, then a car title loan is probably your best bet!

2. Traditional Bank Loans

You may be able to get a loan from your local bank branch to cover your vacation costs, but bear bear in mind that to get a bank loan you will likely need a near perfect credit score. In addition to this, while bank loans often offer the lowest interest rates (compared to other loan options) banks across the country have tightened their belts since the 2008 Recession, making it harder than ever before to get funding.

While banks are still likely to lend money to people looking to buy a house or start a business, not many of them are all that likely to give you cash so you can take a dream vacation. Banks are extremely picky about who they lend money to, and how that money can be spent, so if you need a vacation loan, especially if you have bad credit, this might not be a realistic option for you.

By all means give this option a whirl, but don’t be too disappointed if it doesn’t pan out, as there are still other borrowing opportunities available.

3. Borrow Money From Friends or Family Members

Paying for vacations can be extremely difficult, especially if you have a family to feed and bills to pay. Your family and friends are likely to know how hard you work, however, and some of them might even be willing to lend you the vacation money you need to take your kids on that perfect getaway. Unfortunately, the only way to find out if that’s the case is to ask!

Contact friends and family to explain that you’re looking for financial assistance to cover a much-needed vacation. While you’re likely to be told no by most of the people you ask, if anyone does say yes, this could be your cheapest option for a vacation loan, since it’s less likely to come with high interest rates or other lending and financing fees. Just make sure you’re able to pay the loan back, or you could stand to lose your friends and family members over the bad blood resulting from failing to live up to financial obligations!

4. Online Loans

If you search “vacation loans” online you’re sure to be met with a boatload of online lenders willing to provide money for your next vacation. Be careful though, because a lot of online lenders are complete scams, even though they seem legitimate. You might find a lender who doesn’t care about credit scores, who advertises vacation loans for bad credit scores, but can you really trust them?

Most online lenders, even the good ones, are only able to offer you a little bit of money (hundreds to a thousand or so dollars) due the extreme financial risk they put themselves in by sending out money to people they’ve never met, so they have to charge high interest rates in order to cover the losses that they occasionally face. Tread cautiously in the online lending space, because it’s hard to know who you’re really dealing with, what their intentions are, what your final price of the loan will be, and whether or not you can really trust that anonymous person on the other end of the keyboard.

5. Neighborhood Loans (Last Resort!)

You’ve likely driven past offices offering neighborhood loans many a time, and we’d bet that you know these loans can award you the cash value of your next paycheck, but are they an effective form of raising money for vacations? If you can get enough from a single paycheck to pay for your vacation, then maybe, but only if you’re sure that you can pay it back immediately!

Neighborhood loans are a dangerous form of lending, as you typically only have up to the time of your next paycheck to repay the loan in full, otherwise you’ll be met with huge interest rates, late charges and other hidden fees that can quickly increase the cost of your original loan. Neighborhood loans only work if you can definitely repay the loan in full by the time of your next paycheck, so tread carefully here.

About Car Capital Financial

Car Capital Financial is a leading Southern California car title loans company with over 15 years of experience in the business. Take out a title loan from us, and you could be able to finance the vacation of your dreams!

We provide fast, direct and professional service and we are often able to provide the cash you need in as little as 30 minutes from receiving your first phone call! Call us now at 1-888-500-9887 to get the ball rolling on your dream vacation.

Now that the holidays are over and it’s back to reality, you may find yourself with some significant debt to pay off. Perhaps you overspent during on gifts and food, or perhaps a major unforeseen emergency has left you financially destitute, but whatever the cause, there’s no reason to fret!

Having holiday debt can be so stressful and overwhelming that you be worried you’ll never be able to get out of it, but if you’re willing to adjust your lifestyle and get serious about your finances, then paying off debt fast will be within your reach.

For help with getting out of your holiday debt, try one, a few, or all of the following tips:

1. Prioritize

Make a list of all of your debts and prioritize which ones need to be paid off first. What has to be paid off as soon as possible and what can be put on the backburner for now? Which debts could affect your equity and which debts consequences are miniscule? If any of your debts could lead to you losing your home, job or any valuable equity make sure you prioritize to pay them off first.

2. Pay High Interest Debts First

If you have high interest debt such as a high interest student loan or credit card debt, make sure you pay this off first. Paying off the highest interest accumulating debt first makes sense, since it saves you the most money in the long run. Protect your credit score and pay off any debt that’s due, but only make minimum payments for those debts that have low interest rates, and pay as much as you can afford to on those that have higher rates.

3. Stop Making Charges to Your Credit Card

If you made one too many charges to your credit card this holiday season to pay for your kids gifts or for a big Christmas meal, you may now be in a lot of credit card debt. If this is the case, you should stop making charges to your credit card immediately. When it comes to learning how to pay off credit card debt fast, the first step is accepting that you’ve overused your card and realizing that it should only be used for emergency situations. Once you’ve stopped making new charges on it you can see just how much debt you owe and make a logical plan to pay it all off.

4. Always Make the Minimum Payment

When you start to pay off your holiday debt, always make the minimum monthly payment, as this will help you avoid penalty fees and various other hidden fees associated with late payments. No matter how much debt you have and across how many credit cards, it’s essential that you make each monthly minimum payment to both maintain your credit score and to help prevent your interest rate from rising. Make a note in your online or paper diary of when your minimum payments are due and try your hardest to always meet them.

5. Contact Your Creditors

Struggling to even make the minimum payments? Then contact your creditors and explain your unique situation. Yes, creditors can have a reputation for being ruthless but many will be willing to renegotiate a repayment plan which could include lower monthly minimum payments and even lower your interest rate. There’s no guarantee that they’ll be able to do this, but to pay off debts within a reasonable timeframe you may have to pull out all the stops.

6. Cut Back

In order to get out of your holiday debt, you’re likely going to need to cut back on your expenditures in order to make way for more money being freed up for paying off debt. Take a look at your monthly expenditures and see where you can cut corners and save big. Perhaps you could cancel that gym membership you rarely use or limit the amount of times you eat out per month. Wherever you can cut back on do it, as this will allow you to get out of your holiday debt faster and back onto the road of financial recovery quicker.

7. Take On Extra Work

If you’re still struggling to pay off your debt you may want to take on extra work. Maybe you could take on some extra shifts at work or do some over-time. If you’re self-employed or aren’t able to secure extra work through your current job you could always take on another part-time job just until you get your finances back in order. Perhaps you could do some odd jobs around your neighborhood or take on a local seasonal job to take the financial weight of your shoulders a little. Taking on extra work is never fun and can be very exhausting, but if it can help you get debt free, then it’s ultimately worth it.

8. Consider Debt Consolidation

For substantial debt, consolidation may be necessary. Debt consolidation allows you to change the structure of your debt, combining debts to multiple creditors to a single source (to simplify payment plans), reduce interest, extend the term of your loans, or do other things that can make your debt more affordable. However, always be aware that many debt consolidation companies charge you fees for going through them, so try to get the consolidation done on your own by contacting your creditors, putting them in touch with each other, and negotiating yourself.

9. Take Out a Loan

Taking out a loan to pay off debt may seem mad when you’re already in debt, but in some cases it can be a wise decision. Many people rely on loans to pay off debt, especially when they can secure a lower interest rate loan to pay off a higher interest rate debt. Look for affordable loans that won’t lead to long-term financial disaster, make sure to avoid the traps of neighborhood loans and cash advances, and consider relying on secured personal loans or collateral loans, like car title loans, which can be had on the cheap.  Title loans are issued based on your ability to repay the loan.

10. Create an Emergency Fund

Avoid finding yourself in such a financial mess again next holiday season by creating an emergency savings fund that you can tap into next year for just this situation. Once you are debt free, start putting aside a small amount of money each month so that you can accumulate a safety reserve for troubled financial times. Savings accounts accumulate interest in your favor, can be had for free, and are a great way to store money safely for the long-run.

Car Capital Financial

If you have a lot of holiday debt and you don’t know how to get out of it, Car Capital Financial may be able to help. We are a leading Southern California car title loan company with 15 years of experience helping people get out of liquidity crises.

We pride ourselves in offering fast and incredibly professional service, and we promise to treat you with the respect that you deserve. Call us now at 1-888-500-9887 now to get the cash you need in as little as 30 minutes!

Weddings are one of life’s most highly anticipated milestones, but they are also one of the most expensive. With the average wedding cost in America being around $27,000 back in 2012, weddings certainly don’t come cheap. If you’re getting married, it’s highly likely that you’ve asked yourself the same question everyone else does – “How am I going to fund my wedding?”

[Read more…]