You are here: Home » Information » Up to How Much Money Can I Get for a Title Loan in Utah?

In Utah, title loans can be made for up to $25,000. There are a number of factors that determine the amount of money you will be able to borrow:

  • Income
  • Value of your vehicle
  • Loan Terms

The more your car is worth and the more money you make, the more you may get1. That said, there’s more to a title loan than simply showing up at a bank.

How do you get a Title Loan in Utah?

There are several ways you can get a title loan in Utah. You can go to a brick and mortar store; you can look online; you can call a loan company, etc. Unlike other types of loans, you may still get a title loan in Utah with bad credit. Lenders are more concerned with the value of your car and your ability to pay back your loan. Because they don’t always perform a credit check, you can get a title loan faster than many other types of loans. Before searching for a lender, make sure you are familiar with how title loans in Utah work and what you need to get a title loan.

What do I need to get a Title Loan?

There are a few documents you need if you want to get a title loan:

Call Our Team

Take the first step and call our toll-free hotline to speak with a specialist.

  • Qualifying title for the vehicle
  • Proof of Income
  • Proof of residency
  • Photos of the front, back, and sides of vehicle
  • Government-Issued I.D. (Driver’s License, State I.D., Passport, etc.)

What is considered proof of income for a Title Loan in Utah?

Many people think the only way to provide proof of income for a title loan is with a paystub. It is a common way, but there are a number of other ways to show you can repay your title loan:

  • Social Security
  • Inheritance
  • Annuity
  • Settlement/Court-Ordered Award
  • Workers’ Compensation

How do I get a copy of my vehicle’s title?

You may be able to get a duplicate title from your local Department of Motor Vehicles (“DMV”). There are DMVs that can even provide you with an expedited title, normally for a fee. Depending on the circumstances, LoanMart may be able to provide you with the location of the nearest DMV able to expedite the title for you, or even assist you in having the title expedited. If you are able to add LoanMart as a lienholder at that time, it may reduce the turnaround time on your loan.

Are there any costs other than the interest for a Title Loan in Utah?

There is no charge for applying for a title loan in Utah. If there are other charges or fees associated with your loan, your lender should reveal them during the application process before you commit to borrowing.

How long do I have to pay back my Title Loan in Utah?

There is no maximum length for a loan in Utah. Your lender will outline the duration of the loan.

What happens if I don’t pay back my Title Loan in Utah?

If you can’t pay back your title loan, your car may be repossessed by your lender. There is no right to cure period in Utah, meaning there is no grace period where you can repay the loan. Lenders can repossess your car and sell it without notice. Once they repossess it, they can sell it immediately. In Utah, if your car sells for less than the amount you owe, the lender may not continue asking you for money. If it sells for more than what you owe, the lender has to give the excess money to you.

How to get a Title Loan with LoanMart

Getting a title loan may be a fast and effective way to get emergency funds to cover an unexpected expense without having to go through a long application process. If you have a qualifying title to a car in your name, you may be eligible for a title loan of up to $25,0001. LoanMart uses a streamlined registration process that can potentially reduce the turnaround time between submitting your information and receiving your money to less than 24 hours3.

With our easy process, we give you three ways to contact us that make it convenient for you:

  1. Visit a participating store
  2. Call us at 1-855-422-7412
  3. Sign up online without leaving your home

Once you’ve decided how to get in touch, all you have to do is follow these steps to get the money you need1:

  1. Fill out the registration form.
  2. Submit the required documents to your LoanMart representative.
  3. Sign your LoanMart agreement
  4. Collect your funds!

Now that you know how much money you can get for a title loan in Utah, and a little bit more about title loans in general, don’t let an unexpected expense derail your financial plan. If you need emergency funds, LoanMart may be able to help.