The Impact of Marriage and Divorce on Finances Spotlights One More Reason for Financial Emergencies

Financially devastating divorces are one more reason why women and men from all walks of life may need a speedy cash infusion, says Car Cash Loans

LOS ANGELES, July 25, 2017 /PRNewswire-iReach/ -- A July 9 financial advice column on USA Today counsels brides and grooms-to-be to think twice before giving up the reins of their finances to their new spouses. The article advises taking a middle course and suggests couples share control of finances and exercise healthy communication. Car Cash Loans, a Los Angeles based lender, notes that, while this may be excellent advice, there is no completely foolproof way to protect against a financially devastating divorce.

The lender notes that, thanks to complex laws and heavy lawyer fees, divorce is one of the most common root causes of financial instability today. While most people are able to put both their emotional and their financial lives back together after the devastation of a divorce, all too many find themselves deprived of a home and, in the worst cases, a livelihood. Indeed, despite the stereotype that it's nearly always men who are financially harmed in divorces, many women still depend on their husbands for the majority of their finances and can find themselves broke after a marriage. In other cases, Car Cash Loans notes, increasingly women who have become the more significant breadwinner in a relationship might also find themselves paying steep alimony and/or child support in the wake of a divorce.

Car Cash Loans notes that people in all kinds of marital, premarital, and post-marital situations can find themselves in need of the kind of title loans they provide. They note that the beauty of these loans is that they are available to all kinds of people, including those who may not qualify for other types of loans because of poor credit or no credit at all. The lender adds that car title loans are secured by the value of a vehicle that has been completely paid for. Importantly, however, these kinds of loans allow the borrower to continue using their vehicle while they are paying off the loan. Thus, Car Cash Loans says, they are able to continue going to the jobs they need to regain their financial stability and also take care of important family obligations.

The firm notes, however, that title loans are not always the best solution, so it also offers pawn loans. In these cases, the vehicle is kept in a safe and secure location until the loan is paid off. Car Cash Loans notes that this option is typically best for people who own a vehicle they don't need to use on a regular basis, such as a second car, a motorcycle, or an RV.

Car Cash Loans concludes by noting that interested readers who may be in need of a short term cash solution are encouraged to call them at (800) 988-5020. Readers may also visit the lender's web site at https://carcashloans.com.  

Media Contact: Bob Westal, Cyberset, 8188837277, bob@cyberset.com

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SOURCE Car Cash Loans



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