Studies have shown that many Americans wouldn’t know what to do if they were ever hit with a $1,000 bill out of the blue. More than 40% of people don’t have $1,000 saved up in an emergency fund to cover the cost of things like unexpected car repairs.

Does this sound like you? If so, you might be worried about what would happen in the event of an emergency. You might be especially worried if you don’t have good credit.

Fortunately, there are loans available for those who need emergency loans with bad credit. You can get access to the money you need when you’re in a bind, even if your credit score is less than perfect.

Here is how you can do it.

See Which Loans Might Be Out There for You

Those in need of emergency loans with bad credit will find that there are lots of loan options out there for them. One such loan is called a title loan.

A title loan can help those who have bad credit but own a car. They can put the title to their car up as collateral as part of a title loan.

Title loans are easy to apply for and can allow people to get their hands on hundreds, if not thousands, of dollars in most cases. You should look into this loan option first and foremost if you own your car outright.

Find the Right Company to Give You a Loan

Title loans can be very helpful to those who find themselves needing money in an emergency. But you shouldn’t just accept a title loan from the first company that comes along and offers one to you.

Look around for title loan companies and pick the one that offers the best interest rates to you on your loan. This will ensure that you’re able to pay down your title loan quickly so that you can regain control of your car again.

Make Sure You’re Prepared to Pay Off Your Loan

How are you going to pay off your emergency loan once you get it? That’s a question that you’re going to want to ask yourself before you fill out an application for one.

Come up with some kind of plan so that you’re not scrambling around later to pay off the loan. You can put your car at risk and hurt your credit score even more than you already have if you fail to pay off a title loan.

Apply for Emergency Loans With Bad Credit Today

It’s easy to lose your cool—and your temper!—when you’re faced with a car repair bill or a medical bill that you know you can’t afford. But you shouldn’t lose hope even in the most desperate of times.

Regardless of how bad your credit might be, you can find emergency loans with bad credit and pay off an expected bill with it. It’ll put out the fire and allow you to regroup before paying down your debt.

Learn about other loans you might want to consider the next time you need money by checking out our other blogs.