Are Car Title Loans Easy to Get in Cedar City, Utah?
Car title loans in Utah have never been easier to get! Be like thousands of people from throughout the United States and go when you are looking for fast funding. It only takes 5 minutes to get started, and you’ll find out if you are approved right away!
There are several ways to find a title loan in Cedar City. You can search online, call a loan company directly, visit a brick and mortar location, etc. Before you begin searching, it’s important to understand the title loan requirements in Cedar City, UT.
How Much Money Can I Get for a Title Loan in Cedar City, Utah?
The amount your lender may be willing to lend you is based on a number of factors:
- Loan Terms
- Value of your vehicle
The absolute most you will be able to borrow is the value of your car. However, the amount your lender may be willing to lend will also depend on your ability to pay back the loan1.
How Can You Get a Title Loan Refinanced in Cedar City, Utah?
You may be able to get your title loan refinanced the same way you got your original loan1. When you contact over the phone or online, you’ll need to let them know that you want to refinance an existing title loan from another company. There will likely be an application process similar to the one you filled out to get your initial title loan.
What Do I Need to Get a Title Loan in Cedar City, Utah
There are only a few documents that you’ll need to get a title loan1:
- Qualifying title for the vehicle
- Proof of residency
- Proof of Income
- Photos of the front, back, and sides of vehicle
- Government-Issued I.D. (Driver’s License, State I.D., Passport, etc.)
How Do I Get a Copy of My Vehicle’s Title in Cedar City, Utah?
You may be able to get a duplicate copy of your car title by contacting your local Department of Motor Vehicles (“DMV”). Some are even capable of providing you with an expedited title.
What is Considered Proof of Income for a Title Loan in Cedar City, Utah?
People often think the only way to show proof of income for a title loan is through a paystub. In reality, there are a number of different ways to show you can repay your title loan:
- Social Security
- Settlement/Court-Ordered Award
- Workers’ Compensation
Are there Any Costs Other than the Interest for a Title Loan in Cedar City, Utah?
This lender does not charge you anything to apply for a loan. However, there may be fees from your original title loan from your current company, like early repayment fees, that you need to be aware of. The lender will inform you of any fees and charges other than interest associated with your loan.
What Happens if I Don’t Pay Back My Title Loan in Cedar City, Utah?
If you are unable to pay back your new loan, your car can still be repossessed by your lender. Utah has no right to cure period, meaning as soon as you miss a payment your lender can repossess and auction your vehicle without notice. Once they repossess it they can sell it immediately. Unlike other states, when a lender sells a repossessed car in Utah, if they recover less than the value of the debt, they cannot continue to pursue the borrower for payment. In contrast, if they sell your car for more than the value of the loan, they must return the excess funds to you.
What Happens When they Sell My Car in Cedar City, Utah?
If you contact your lender and ask them, the lender will let you know when and where the car is being auctioned.
Is there Any Way I Can Extend the Terms of My Title Loan in Cedar City, Utah?
If you are unable to pay your title loan in the allotted time, you should speak as soon as possible. It may be possible to extend the length of your loan. You may have to pay any interest and fees owed on the loan and will be responsible for new interest payments on the balance moving forward.
How to Get a Title Loan in Cedar City, Utah
Are you stuck with a title loan with too-high interest rates, poor customer service, or both? Don’t let an inconvenient loan add stress to your day or derail your budget. See what your refinance options are. You may qualify for a better interest rate and to take advantage of superior customer service1.
A title loan may be a quick and efficient way to get money to cover an unexpected bill while avoiding the long application processes of other loan types. If you have a car with a qualifying title in your name, you may be eligible for a car title loan1.
- Call us at 1-877-787-4923
- 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 apply for the money you need:
- Fill out the registration form.
- Submit your important documents to your representative
- Sign your agreement1
- Collect your funds1!
After that you can pick how you get your well-deserved auto title loan money. Get your funding via…
- Electronic deposit
- MoneyGram location
- Physical check sent through mail
Now that you know the title loan requirements in Cedar City, UT, you don’t have to let your budget be derailed by an unexpected expense. A car title loan is a simple way to get the money you need and get your budget back on track.
How Easy is it to Pay Off a Car Title Loan in Cedar City, Utah?
The answer: super easy! When you get approved for a car title loan, your agent will take the time and create a payment plan just for you. Using convenient terms and competitive rates, your auto title loan agent will work with you to determine the best payment plan that fits your unique schedule and financial capabilities. When your monthly installments are manageable, paying off your title loan is a breeze.
Here are a few tips on how you can pay back your auto title loan even faster.
- Get a second job part time – If you use the money you make on the side from a part time job, you won’t have to dip into your main salary from your full-time job in order to pay off your loan.
- Make the largest payments you can – When you make larger payments on your loan, the balance will go down faster, and you will end up paying less money in interest in the long run. The more you pay now, the less you will have to pay later.
- Keep track of your due dates – Sometimes when life gets busy, we can forget about the bills and payments we have to make. You want to avoid forgetting about your title loan installments, because this will just make things harder for yourself in the future. If you take advantage of the competitive rates and convenient terms, staying on top of your monthly installments will make your title loan process go smoother!