ambulance and money from title loan for urgent medical expense

Handle Urgent Medical Expenses Before The New Year With A Title Loan 

Facing urgent medical expenses before the new year can be stressful, but don't worry because Tennessee Title Loans, Inc. can help you settle them as the year ends. You're good to go as long as you have the requirements and follow the title loan process.

There are only a couple of days before the year ends. While most people are busy preparing for the upcoming year, some are dealing with financial distress, like medical expenses that must be paid immediately. Instead of celebrating a fresh start, they feel stressed and burdened.

If you are among those people who are in the same situation, then we are here to give you some advice on how to handle unexpected medical expenses before the year comes to a close.

How Can You Handle Urgent Medical Expenses Before The New Year?

Why Is It Essential To Pay For Medical Expenses Before The New Year?

For many of us, the first day of the new year is a reset button. It is often a marker that tells you it's time to move forward and leave behind the pains and struggles of the previous year while bringing all the lessons you have learned as your life continues.

That is why it is ideal to tie up as many loose ends as possible and resolve issues and problems before the year ends. This includes debt and expenses that might be niggling at the back of your mind.

Handling debt, especially medical expenses, because they are directly related to your and your family's health. As they say, health is wealth. Wouldn't you feel relieved that you don't need to stress over medical bills when emergencies happen?

Tips On How To Handle Unexpected Expenses

Sometimes, no matter how good you are at budgeting or handling money, you still encounter unexpected expenses like medical emergencies. You are still the one who decides how to recover from it.

Here are five tips on handling unexpected expenses to give you an idea of how to prepare and plan for rainy days.

shopping cart with emergency cash from title loan

1. Think Twice (Or Thrice) Before Spending

There's a difference between spending a significant amount of money on urgent renovations in the house and spending it on a summer vacation overseas. You see, you need to set your priorities straight when it comes to spending the money that you have. This is important when you feel like you need more budget.

2. Minimize Your Spending

In addition to being brighter and thinking twice before buying something, you also need to cut back on some unnecessary expenses. List the most important things to buy, like food and medicine if required. Prepare meals at home instead of buying from restaurants, or you can also freeze subscriptions until you have extra money to spend.

3. Put Things Up For Sale

It is much easier to sell things you need now with the help of online marketplaces. Consider going through your things and selling some you no longer use or need. This is a great way to clear up some space in your home and, at the same time, get extra cash to help with your urgent medical expenses.

4. Create A Schedule And Strategy For Paying Your Bills

It helps to lay out all of your expenses and debt on paper. This way, you'll be able to think clearly and create a schedule and strategy for paying them off. Please feel free to stick to whatever schedule you come up with. Consider paying in advance for credit card expenses or loans with high interest rates to avoid penalties.

5. Have An Emergency Fund

Start setting aside a portion of your income in an emergency fund. You'll feel more at peace knowing you have extra money for emergencies. The amount of money you put in your emergency fund does not have to be the same all the time. What's important is that you are consistent with saving.

Extra Tip: Consider Getting Title Loans

Title loans are also a convenient option when you need emergency money. Tennessee Title Loans, Inc. offers title loans amounting to $300 to $2,500. The requirements for our loans are as follows:


  • Driver’s License or State ID.
  • Lien-Free Title to Your Vehicle
  • Your Vehicle for Inspection
  • Proof of Income

The in-person process of getting loans only takes 30 minutes, and you can receive the money on the same day or the following business day.

If you prefer to pursue title loans online, here's a quick rundown of our online title loan application:

  1. Fill out the form on our website: 
  2. Wait for a loan representative from the nearest location to call you. During this call, you can tell the representative a location of your choice, and they can meet you there.
  3. Present your requirements to the representative and let them examine your ID and title. They are also going to conduct a quick inspection of your vehicle.
  4. They will tell you if you qualify for approval after the assessment. Once approved, you will receive the money the same or the following business day. 

woman with cash

Frequently Asked Questions For Title Loans

Can I Keep My Vehicle? 

Yes, you can keep your vehicle while you are repaying the loan. Just stick to the repayment schedule. 

Can I Qualify If I Have Bad Credit? 

Yes, you can still qualify for the loan even if your credit could be better.

Where Is The Location Near Me? 

We have locations all around Tennessee for you to choose from. We also have a store locator on our website where you can find the nearest store.

What Does Lien-Free Mean? 

A clear or lien-free car title means owning your car outright, with no outstanding loans or judgments against it.

What If My Car Title Is Not In My Name? 

You must have the vehicle title in your name to get a title loan. You must go to the DMV and have the title transferred to your name before requesting a title loan.

Consider A Title Loan To Help With Emergency Expenses Today

It is stressful to deal with urgent medical expenses, especially when the year is about to end. But don't panic because you can surely get your finances back on track with discipline and proper budget handling. Think twice before buying something, and minimize your spending to save money. It is also okay to sell some things at home that you don't use anymore to earn extra cash.

You can also record your expenses and schedule when to pay them to avoid penalties. Also, be firm in setting aside even a tiny part of your income into an emergency fund. Those two tips can get you started on being responsible financially.

But if you need the money quickly, check out the Tennessee Title Loans, Inc. website and browse through our title loans. Let us face the new year with a clean slate, starting by effectively handling our medical expenses, among other things.


Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.