Get The Cash You Need For The Holiday Season

The holiday season is almost upon us and that means that you are about to spend a lot more money than you would on an average month. Every holiday from Thanksgiving to Christmas and Hanukah have their expenses ranging from gifts to the feasts that go along with them. If you are unprepared for these annual expenses, you could find yourself on the losing end of some seriously steep credit card debt. You can easily get all the cash you need for the holiday season responsibly and affordably right here at Tennessee Title Loan. Our expert loan officers will help you get the cash you need today and give you all the information you need to quickly pay off your loans.

Travel

Depending on where your extended family lives, traveling may be one of the biggest expenses of the holiday season. Flying is normally expensive, but nothing compares to flight prices during the holidays. The airlines know that people will be traveling for the holidays, and flight prices can increase by 300-400%. You can negate some of these costs by buying your tickets well in advance or monitoring the tickets you are interested in buying to see if there are any dips in cost. If you need to get cash today to buy your holiday tickets, a title loan could be perfect for you.

Gifts

Depending on the size of your family, Christmas and Hanukah gifts can get expensive quick. According to the American Research Group, the average American spent just about $992 on holiday gifts in 2018. Online services like Amazon and other warehouse-style shipping companies have made it easier to quickly get access to these gifts, but it seems that Americans are still spending the same amount of money on gifts year over year. If you have children or have a large extended family, you could find yourself spending well over this estimate, and if you are unprepared or don’t have the savings to compensate for this expense, you might find yourself short on rent or your mortgage payments.

Most Americans make ends meet by using credit cards to bridge the gap. Using credit cards is healthy when you keep a low balance that you pay off at the end of the month, but any outstanding balance left on a credit card bill is subject to interest, which can vary between 10-30%, with an average of 19.24%. This astronomical interest rate means that if you aren’t careful, you could end up paying nothing but interest on your credit card debt, essentially never paying down the debt itself.

Meals

If you are hosting the holiday festivities this year, your friends and family are probably expecting a delicious meal and some festive drinks. The average cost of a Christmas dinner is $152 while hosting Thanksgiving costs an average of $5.00 per person invited (not including drinks).  Even if you aren’t hosting any of the holiday celebrations this year, it is traditional to bring a bottle of wine or a side dish to thank the host.

If you are looking to get some extra cash to help you get prepared for the holiday season, come into Tennessee Title Loan. Our loan experts will help you get all the money you need for the holidays in just a few short minutes. Make this holiday season special with some extra spending money from Tennessee Title Loan.