(800) 250-6279QUICK CASH FOR YOUR VEHICLE WITH A UTAH TITLE LOAN
We offer car title loans with instant funding. Apply online or call us at 800-250-6279!
UTAH TITLE LOANS WITH NO STORE VISIT!
Are you interested in getting a car title loan in Utah, but don't want to visit a local office? You may be able to complete the application and underwriting process online, with funds sent by direct deposit that same day. Loan amounts in Utah range from $2,500 to $25,000 and you don't need good credit!
Qualify For A Utah Title Loan & How Do They Work
Utah title loans are a great way for people to borrow cash using their vehicle as collateral. You don’t need good credit to be approved for these loans; there likely won’t even be a credit check. Loan amounts start at $2,000 and go to $25,000 for high-value cars and SUVs.
To qualify for a title loan in Utah with Premier Title Loans, you’ll need a lien free vehicle title and proof of employment with bank statements or income verification. The car’s title needs to be in your name, and there can’t be any other lienholders or lenders who claim ownership of the vehicle.
Loan Amounts With A Title Loan
Some customers can borrow up to $25,000 with a car title loan. Average loan amounts in Utah are around $3,000; most customers can qualify with a year 2010 or newer vehicle with less than 125,000 miles.
Your loan is mainly based on the equity value of your car, and you should be able to borrow up to 60% of the vehicle’s collateral. To determine the vehicle value, a licensed lender in Utah will likely go by the current resale value for comparable sales in the Beehive state! After determining the current value, they will schedule an in person inspection to verify the current value and ensure the vehicle runs and is in good working order.
While taking time to get your vehicle inspected can be a bit of a drag, it only helps speed up the underwriting process, and some lenders offer more significant loan amounts once they’ve conducted an inspection.
Interest Rates For Online Title Loans In Utah
The interest rates for online title loans in Utah range from 30% to 110% but can be higher depending on your credit score and ability to repay the loan. No doubt, title loans have high interest rates, and you can dig a hole if you miss payments or borrow more than you can afford. Shop for the best rates and get multiple quotes from local companies. Even saving a few percentage points on the APR can mean a much more affordable repayment term with less chance of defaulting on the payments.
One option that’s become popular over the past few years in Utah is a title loan refinance. Refinancing your title loan can reduce the interest rate and avoid a potential repossession if you’ve fallen behind. Even if you only just took out your title loan a few months ago, we may be able to save you thousands by connecting you with a local lender who can reduce your interest rate.
Call us at 800-250-6279 to lower your APR and save money. You can often get a new payment term half of what you’re currently dealing with.
Auto Title Loans Online With Bad Credit
Auto title loans are possible for anyone with poor credit, and you’ll have no issues getting approved for a title loan in Utah, even with a FICO of 700 or less. A title loan may be a good choice if you have less than perfect credit because your car’s collateral is what’s used to underwrite the loan! Unsecured lenders will solely focus on your credit history, while title loan lenders are more focused on the equity in your vehicle. There may be an initial credit check to look for past repossessions, bankruptcies, or credit lawsuits. Still, you shouldn’t worry about a poor credit score leading to your application being denied.
Apply For Online Title Loans In Utah Or Go With A Local Lender
Apply with Premier Title Loans to be matched with a licensed lender in Utah. You can apply online or over the phone, and as always, you can meet with a direct lender in person anywhere within the state. There are additional fees for nationwide customer service, processing paperwork, and wire transfers.
On the other hand, local lenders around Salt Lake City and St George often have physical locations, making it easier to get cash in writing quickly. If you’re comfortable applying online, research the best title loan companies and consider Premier Title Loans, as we can match you with a top local lender. With any company you choose, ensure you know who you’re working with and ask for the best reviews regarding title loan companies in Utah.
Another benefit of applying with a local title loan company in Utah is getting your funds immediately after signing the contract. The exact time frame depends on the lender you work with, but many title loans are funded in 24 hour or less if you have all the documents ready to go. With an online title loan company, transferring the money by bank wire or ACH to your account may take a few days.
When comparing online title loans in Utah, ask about funding times and associated fees so that you’re making an exact comparison. By applying with Premier Title Loans, we’ll do all this work for you and make getting a quote and lender comparison easy.
Apply Online Now With Premier Title Loans
Do you own a vehicle worth over $6,000, and can you verify your income? Is your car entirely paid off and registered with the Utah DMV? If so, you can start with our application online or call 800-250-6279. You can also use our car title loan lending calculator to see your estimated monthly payment and APR before you speak with a rep. Apply today!