UTAH TITLE LOANS
WITH ONLINE PRE-APPROVAL!

Qualify For A Utah Title Loan & How Do They Work

Utah title loans are an excellent 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 range from $2,000 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 must be in your name, and there can’t be any other lienholders or lenders claiming ownership of the vehicle.

Loan Amounts With A Title Loan

Some customers can borrow up to $25,000 with a car title loan. Qualified customers have the best chance of qualifying with a 2015 or newer vehicle with less than 125,000 miles.

Your loan is based primarily on the equity in your car, and you should be able to borrow up to 60% of the vehicle’s value. To determine the vehicle’s value, a licensed lender in Utah will likely use the current resale value of comparable sales in the Beehive State! After selecting 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 the triple digits. No doubt, title loans that don’t require perfect credit 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 and a lower risk of defaulting on payments.

One option that’s become popular over the past few years in Utah is a title loan refinance. Refinancing your title loan can lower your interest rate and help you 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 can typically be approved for a title loan in Utah, even with a low FICO score. A title loan may be a good choice if you have less-than-perfect credit, because your car’s title is 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 by phone, and, as always, you can meet with a direct lender in person anywhere in the state. There are additional fees for nationwide customer service, processing paperwork, and wire transfers.

Local lenders around Salt Lake City and St George often have physical locations, making it easier to get cash quickly. If you’re comfortable applying online, start with Premier Title Loans, as we can get you pre-approved and match you with a top local lender 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 some title loans are funded in as little as one business dayf 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 to make an exact comparison. By applying with Premier Title Loans, we’ll handle all the work for you and make getting a quote and comparing lenders easy.

Apply Online Now With Premier Title Loans

Do you own a vehicle worth over $6,000, and can you verify your income and Utah residency? Is your car entirely paid off and registered with the Utah DMV? If so, you can start by applying online or by calling 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!