Title Loans West Jordan, UT
If you are looking for a fast and way to borrow money, a title loan is an excellent solution. Compared to other financing options, an online title loan offers a number of perks.
When applying for title loans West Jordan, UT residents can set aside worries over being rejected because of their credit score. In fact, you do not even need to have established credit to be approved for a title loan.
At Velocity Cash, we are often able to approve title loan applications for applicants who have bad credit or no established credit.
The collateral for your loan is your vehicle title. In addition to accepting cars and trucks for title loans, we also accept recreational vehicles and motorcycles. Our repayment terms are extremely flexible.
We will also provide the option to refinance your title loan if you should ever need to make your payments more affordable in the future. We are also pleased to provide competitive title loan interest rates.
You may continue driving your vehicle throughout the entire length of your loan, provided you make your payments on time. Put aside your financial concerns and apply for a title loan today. We are here to make the process easy.
The Steps to Apply for Title Loans West Jordan
When applying for title loans West Jordan residents will find it only takes a few minutes to complete the online application. If you’re looking for fast cash title loans, you can complete the application in about 15 minutes.
The only information you are required to enter is your name, a primary phone number where you can be reached and information about the vehicle that will assist us in providing you with a loan estimate.
This information includes the make and model of the vehicle in addition to the number of miles currently on the vehicle. Curious about how much money you can borrow against your car with a title loan.
Using a title loan calculator can give you a fair idea regarding your possible loan amount. After you have entered all of the required information, a loan specialist from Velocity Cash will contact you to finalize your loan.
Thanks to the online application process, there is not even a need for you to leave your home or workplace to apply. You can use our online application whenever it is most convenient for you.
Title Loans West Jordan, UT Legal Requirements
To apply for car title loans in Utah, you do need to meet some legal requirements. For example, you typically need to own your vehicle and have no liens against in order to qualify for a title loan.
You must also be listed on the vehicle title. If you do not own the vehicle and you are not able to prove you are listed on the vehicle title, you may not be approved for a title loan. When applying for title loans West Jordan residents may also be asked to provide a source of identification.
You must be legally of age, which is at least 18 years old, to take out a title loan. Finally, we may ask you to verify a regular source of income.
We do this to ensure you will be able to pay back your loan. Wages are an acceptable source of income, but you could also be approved with the following income sources:
- Alimony
- Child support
- Unemployment benefits
- Disability benefits
- Social Security
The Perks of West Jordan Online Title Loans
By applying for title loans West Jordan, UT residents can take advantage of numerous perks. Among the most significant benefits of a title loan is how fast and easy it is to apply. When applying for other types of financing, including a bank loan, you often have to apply in person.
This can take time away from your job and family. Furthermore, the application process is often cumbersome and time-consuming. If you have urgent financial needs, you do not have time for this.
Along with the time involved in applying for a bank loan, it can be difficult to meet the latest bank underwriting guidelines. If your credit is less than perfect, you may not be approved. There are no such worries when applying for a title loan. Even people with bad credit can often be approved.
Title loans in West Jordan, UT are an extremely convenient way to obtain the financing you need. Using a title loan can even be more convenient than using your credit card.
If you need cash, a credit card isn’t always a great option because not only are they not accepted everywhere, but there is often a limit on the amount of cash you are able to withdraw using a credit card.
With a title loan, you will have easy access to the cash you need, which you can spend wherever you wish.
Banks may require you to list how the funds from a loan will be spent, but we do not at Velocity Cash. Your loan proceeds could be used for any of the following:
- Overdue bills
- Auto repairs
- Medical bills
- Home improvements
- Getaway
- Wedding expenses
- Graduation expenses
- Special event
- College tuition
- Large purchase
We also accept all types of vehicles as collateral for title loans, including motorcycles, RVs, cars, and trucks.
Concerned about making the payments on a title loan? We strive to make the repayment process easy. One of the ways we do this is by providing competitive interest rates. We do advise all applicants to be sure they understand the terms of the loan before accepting it.
This includes the repayment schedule as well as the loan payments and the due date for the payments.
We also understand that circumstances can arise in which you may find it difficult to make your loan payments. This is why we are often able to refinance title loans to lower your payments. If you should ever find you are having a difficult time making your loan payments, simply let us know.
It’s not uncommon for many people to have questions about title loans. It’s important to understand that everyone’s situation is different; however, the amount of a title loan is usually based on the value of the vehicle. This is why we ask you to provide the make, model, and mileage for the vehicle.
We do not charge application fees, which is sometimes the case with bank loans. This alone could save you a significant amount of money.
The length of time to provide a loan decision is usually quite fast. We also work to disburse the funds for approved loans as soon as possible. We understand that when you have an urgent financial matter, you need access to cash quickly. Loans can often be funded within about 24 hours.
Paying Back Your West Jordan, Utah Title Loan
While you are paying back your loan, we will not hold your vehicle. You are allowed to continue using it. As long as you are making regular loan payments, this is not a problem.
If you wish to pay off your loan in the future prior to the end of the loan term, you are allowed to do so. We will not charge a prepayment penalty or any extra fees should you decide to exercise this right.
Urgent financial matters can cause a lot of stress and worry and even take a toll on your health and your family. There is no need to continue living with this kind of stress. We are here to help by providing an easy and fast loan solution.
Applying for title loans in West Jordan, Utah can give you the peace of mind you need. It only takes a few minutes to complete our online application and you have a quick loan decision.
If you are approved for a title loan, you could have the funds you need to solve your financial problems in as little as 24 hours. Apply for a title loan today.