I guess it’s a sign of where the economy has taken us.  Or, a sign of how survivors make do in tough conditions.

After business school, I was eager to work in an entrepreneurial venture.  Unfortunately, the company I started with in 2005 closed up shop in 2008, leaving me with very little after more than two and a half years work.  My stock was worthless, I was broke trying to pay my school loans, I had bad credit, and you could say I was a little demoralized.  No one promised a bed of roses, I guess.  So when a school friend called this summer to offer me a some contract work on site with his company in San Diego, I said yes immediately.

But I had neither the cash nor the credit card balance to cover costs of the trip.  My 9 year old Honda really was not up for a cross-country drive, and the repairs to get it ready were more than $2500. I was too embarrassed to mention this to my friend.

So I went online and searched for the words like “fast cash” and “emergency money” and “no credit check.” That’s when I found Nashville Car Title Loans.  My Honda was eligible for collateral on a $3000 loan.  I knew then I could book a flight for $600, round trip. I borrowed $1500 to cover that and my time in San Diego, where they put me up in the company condo (not too shabby).

Memphis Car Title Loans is nothing like that place you see on Lebanon Pike out in Donelson.  You fill out an online application, are approved in about 30 minutes, then the money is electronically transmitted to your checking account. In three days, I was in southern California and working again.  

I’m a firm believer in never giving up.

A car title loan in this worldwide credit crisis might be the new bank.  I’ve already paid off the loan but will go back to them if the situation calls for it.  

- Vic W.