If you have a spare room or even a spare bed in your house, this might be the time to offer your extra space for rent. Getting a roommate is one of the fastest ways to earn good money enough to pay for your car title loan.
5. Get a Credit Card Advance
If you still have room in your credit card, getting a cash advance to pay off the loan in full can be one of your options. While getting a credit card cash advance is not always ideal, it is still much better than a title loan because a credit card cash advance only has 24% APR. This means that even with the upfront fees charged by credit card companies on top of the interest, it is still a better deal than paying 300% APR and risking your car.
Getting a personal loan with a lower interest rate is another avenue that you could explore. The first stop would usually be banks and credit unions but if you have bad credit or unemployed, this could be difficult.
However, there are online lenders and peer to peer lending companies that may be willing to grant you a personal loan that you can pay in monthly installments. These plans are usually better than rolling over your loan month after month and paying 25% interest. Try to avoid 
payday loans because the interest rates are usually equal or much higher than title loans.
Instead of defaulting on your title loan, try selling your car, paying off the title loan, then getting a cheaper model. Since your title and the copy of your keys are with the lender, it might be tricky to find a legit buyer but this is still a possibility. This option will work if you have a newer car model that you can still sell for a profit and the amount you could sell it for is much higher than what you owe the title loan lender.
8. Refinance Your Loan With Another Lender
Another option is to go for a car title loan refinancing. What this means is going to another car title loan company and transferring your car title loan. This is not a long-term solution because if you keep on missing payments with the new lender, you’re still at risk of losing your car.
So, how does this help you? This is a short-term solution that could buy you some time to find other means to get money. It is advisable, however, to find other sources of money to pay off the car title loan immediately rather than rolling it over.
9. Ask a Family or Friend to Refinance Your Loan
Can’t get a loan from a bank or a new lender? If all else fails and you’re at risk of losing your car, you could always try to ask a friend or a family member to be your financer. How is this different from just borrowing money? Instead of just borrowing money from them without any time limit or interest, propose an installment plan wherein you can pay the loan amount in monthly installments with interest. Even if you offer then 5-10% interest a month, that will still be better for you than paying 25% every month.
What Happens if You Don’t Pay Your Title Loan?
One of the most popular questions from people who missed their title loan payments is: “What happens if you don’t pay TitleMax back?” As mentioned earlier, TitleMax is a title loan lender that many people use. If you don’t pay your lender, you are therefore defaulting on your loan and this will often result in your car being repossessed. Aside from your car being taken from you, you might even be charged additional fees during the repossession process.