Title Loans Holladay, UT
Financial emergencies can be extremely difficult to handle when you don’t have a savings account to fall back on all the time. Not everyone has the ability to take care of unexpected emergencies whenever they occur.
With millions of Americans living at or below the poverty line, just keeping all the bills paid up can be a chore in itself.
Title loans in Holladay, UT are one awesome way to bridge the never-ending (or so it seems) gap between paydays, especially for those who are paid every other week.
Car title loans in Utah offer borrowers the chance to take out a type of cash advance by using the current value of their paid off vehicle as collateral. A car title loan calculator is used to determine how much of a loan the car is worth.
Borrowers can bring the following to get car title loans in West Jordan:
- Sports car
- Sports utility vehicle
- Recreational vehicle
The only stipulation is that you must own the vehicle outright. No liens may be on the automobile, as you must have a hard copy of the title to turn over as collateral to Velocity Cash.
The Law in Utah Concerning Title Loans Holladay, UT
The state of Utah is strict when dealing with car title loan companies. Borrowers are protected under the law set forth by Utah Code 7-24-101.
- No motor homes are permitted to be used as collateral
- Borrowers must be 18 years of age
- All interest fees on the loan must be in clear writing
- A paper copy must be given to the borrower
- No limit on renewals
- No caps on Title loans
Why Holladay Title Loans Can Help
Cash car title loans are a huge help when disaster strikes. You may not have much in the way of assets, especially if you renting your place or already have a huge mortgage against your house.
If you own your vehicle, you are halfway there to being able to get a loan! You may use the loan for any of the following reasons:
- Rent payment
- Gas bill
- Electric bill
- Credit card bills
- Travel costs
- Funeral expenses
- Doctor bills
- Lawyer fees
This is just a sample of what title loans in Holladay, UT can be used for. Velocity Cash does not ask the reason why you need the loan, we simply provide you with the opportunity to apply.
Borrowers are able to apply online for title loans from Velocity Cash, day and night. You can even apply using your smartphone!
Gone are the annoying days of driving to the place of business, wasting time and gas, only to be given a paper check that you had to take to your bank.
Today you just fill out an easy online form and your loan will be processed and deposited within a day. You’ll supply your name, address, telephone number and zip code you live in.
You’ll also fill out the information on the vehicle you are using for a loan, specifically the make and model of the vehicle and the current mileage on it.
It doesn’t matter what type of condition the vehicle is in, as long as you have the title to it.
You don’t even have to mess with a credit report when you apply for a loan against your car. So even if you are dealing with a terrible score, you can still get the cash you need today.
We know that a bad score doesn’t mean that you won’t honor the Holladay, UT title loan agreement and repay the amount you owe. If you do have trouble, just request an extension and we will be happy to work out arrangements for you. Also, apply in Clinton and Spanish Fork, Utah.