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Car Title Loans in Arlington heat my water (efficiently)

My house is about 25 years old, which is kind of like having an eight year old car.  Things start to go.  This is not a good time to be out of a job (for a year), with bills piling up and my credit bad enough to ding me out of the home equity market.

But I found a way to handle one problem, at least.  My old water heater is going to konk out completely at any minute. Everyone’s talking about the tankless, on-demand water heaters. They use a third less energy and reduce water consumption, so it’s a savings over the long haul.  

And right now, a savings in the upfront as well.  A store in Chantilly has tankless models at a 15-20% discount off the full price.  They run $800-$1400, depending on capacity, plus delivery and installation for another $250 or so.  Here’s the best part: buy one in 2009 to qualify for a $300 credit on your federal taxes (new next year). This store takes your order now with a $400 down payment to secure the discount, then you pay the balance on delivery in January.

In other words, if I had the money now to buy something I will have to buy anyway, very soon, I’ll save about $500 upfront.  All I had to do was find $400 now, and another $300 or $400 later. But I didn’t even have that to spare. So I searched online for “fast cash” and “money emergency,” and found Car Title Loans in Arlington to get the $800 I needed, using my car (a 2000 Taurus) for collateral. Fortunately, bad credit didn’t matter. I completed the online application and got instant approval (because there are no credit checks). The cash arrived by wire in one day.  I liked how the online approach avoids the title loans store on Mount Vernon Avenue.

Loans against car title work when you need fast cash.  Something tells me these will become pretty popular in the economic meltdown.

- Quinn R.

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