Jan 27, 2020
January 27, 2020 - /PressAdvantage/ - Title Loans Express, a financial aid provider, is reaching out to the wider community to comment on the excessive debt the average American is suffering from. The company has recently started an educational program with the intent to disseminate financial knowledge that they hope will help mitigate this issue. More information about the company can be found at their website which discusses such topics like: title loans near me.
Title Loans Express says, “It’s an unfortunate truth to accept, but the reality is that most Americans are drowning in debt. Before the recession, the country was doing fine. We were simply treading water in dangerous seas. But then the economy turned ugly, which led to a rapid reduction in jobs. People were forced to scrounge up all the money they had, anyone who had nest eggs found them dissolving and any person who was unfortunate enough to have any debt to begin with found themselves sinking faster. Many people were forced into insolvency or foreclosure, unable to even pay their obligations or provide for their families.”
Statistics shared by the company show that consumer debt in the United States was approaching $14 trillion after the second quarter of 2019. According to the New York Federal Reserve, the record $13.86 trillion of debt for Q2 was up $219 billion from the previous quarter, and up $1.2 trillion over the previous record high of $12.68 trillion in the third quarter of 2008. Title Loan Express says that there has been consistent growth in four main areas of debt—home, auto, student loans and credit cards.
According to the financial services company, the modern-day credit card, which entered the scene in the late 1950s, can be attributed to most of the US’ current financial trouble. While the credit card has given more buying power to US consumers, it has also spelled financial disaster for many individuals and families. Statistics show that more than 189 million Americans have credit cards, with the average credit card holder having at least four cards. On average, each household with a credit card carries $8,398 in credit card debt. Total US consumer debt is at $13.86 trillion. That includes mortgages, auto loans, credit cards and student loans.
Those suffering from debts or who are in need of emergency cash for any reason can reach out to Title Loans Express for help. The company specializes in providing financial aid using vehicle titles as collateral. The benefit of using a vehicle title as collateral for financial aid is that it allows one to get cash in their hands very quickly. In addition, with Title Loans Express, even those with bad credit stand a chance to get some form of financial aid. The company says that this method cuts through the worst of formalities to help people emerge unscathed from their crisis. Those who want to make use of Title Loans Express’ services should visit the following link: https://www.titleloansexpress.com/enter-your-zip-code-here-2/.
The services provided by Title Loans Express have earned the company high praise from their clients. In a 5-Star Google review for the Corona branch of the company, Gladys Aguirre says, “It's been a long time since I've done any reviews for a company. I decided to do one for Title Loans Express because they offer exceptional service and don't judge your situation. The staff were awesome and quick at making things happen on the same day. I'd highly recommend them to anyone in a financial bind.”
Meanwhile, a review left on the company’s website by an unnamed client reads, “Thank you so much for helping. Never thought I would qualify for financial aid using my car title, especially in this economy. Your company works miracles, thank you so much for helping me give myself and my family a better quality of life.”
Those who wish to learn more about Title Loans Express and the various services they provide can find more information on the company’s website. Additionally, they encourage interested parties to get in touch with the company directly via email, phone or the contact form on their website. Title Loans Express also maintains a presence on Facebook where they frequently post updates and communicate with their customers. Further details about Title Loans Express can also be found at the following link: https://www.pressadvantage.com/story/32903-title-loans-express-publishes-the-ultimate-guide-to-pink-slip-loans.
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For more information about Title Loans Express, contact the company here:
Title Loans Express
855-303-2274
ReleaseID: 60033818
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