One in three Americans can't pay their bills despite the current state of the US health system. Many people have had to lose their jobs or take a pay cut. These situations can affect people of all income levels. 

 

Many Americans were facing financial difficulties even before the pandemic. In 2018, for example, 40% of US households struggled to pay $400 in unexpected expenses. 

 

It's time to find out what your options are and what you should do if you cannot pay your bills. This guide has the best strategies, so make sure you read on. 

 

Panhandle can help you get the best money using the equity in your vehicle. Their application process is quick, and they can provide funding the same day. 

 

Side Gig 

 

Nearly eight out of ten US workers are dependent on their paychecks. This may sound familiar. It might be time to look for a new job. Although many office jobs were eliminated, there are many side gigs available in the digital workplace. 

 

You might consider working online as a freelancer depending on your skill set. Remote employers can be found in nearly every niche, including accounting and marketing. You might even consider starting a blog or becoming an affiliate marketing specialist if you have the skills. 

 

Be sure to determine how much time you have available before you take on a second job. Your side gig should be part-time if you have full-time employment. You could end up compromising your health and both your jobs. 

 

Rent an Additional Room at Home 

 

According to the most recent count, 108.5 million Americans are renting. This means that renters now make up more than a third of the housing market. This means that there is a lot of potential for tenancy. If you have extra space, you might consider renting it. 

 

Renting out your property can be a great way to generate passive income over the long-term. You can pay your bills by renting out the property to tenants if you enter into a lease agreement. 

 

It is important to note that the US has strict laws regarding rental properties. California is one example of a state that has strict laws regarding renting and leasing. Before you rent a room to a lodger, make sure you have all the details. 

 

Get an Online Loan 

 

Online applications are available from traditional lenders such as banks. These institutions have many requirements. It's unlikely that a bank will extend credit to you if you don't meet these criteria. 

You can expect to wait a long time before you get approved for a loan from the bank. Traditional personal loans can take up to a month to process. 

 

Most emergencies will require fast access to funds. This is particularly true if your medical bills are not covered, or you require a refill on your medication supply. 

 

Other bills such as credit cards or utilities will not wait. Late payment penalties or charges may result in you spending more. 

 

You might consider applying online for a personal loan. It all depends on your needs, but you can either apply for a short or long-term loan. 

 

You can apply for most loans online, which is the best thing. You don't even need to travel to apply for these loans. The requirements can be uploaded digitally. 

 

Here's a great online loan option. You will need a computer, mobile device, or internet access to apply. 

 

Title Pawns 

Title Pawns can be a short-term solution. These lending options use the vehicle's title, hence the term. These loans allow you to borrow between $1,000 and $5,000, with the possibility of more. The vehicle's equity value will determine the amount you can borrow. 

 

The title of your car serves as security for the loan. However, you don’t have to give it up. Even if you have to pay off your debt, your car can still be driven. 

 

After you have submitted your online application and been notified that you have been approved, you will need to visit the lender's location to conduct a quick inspection. This will confirm the equity available so you can determine the maximum amount you can borrow. 

 

In today's economy many are facing financial stress. You can complete an Online application for a title-pawn and see how much you can qualify for to relieve some stress.