Accelerate Your Finances With Auto Collateral Cash Advances
If you need money in a hurry, you may be considering whether Utah Title Loans, Inc. could be able to help you out. The answer is that if you’ve got a vehicle you want to use as loan collateral, you can! We help customers with a variety of credit ratings unlock the cash value of their vehicles by providing cash advances.
Your vehicle serves as the collateral for the loan, and allows you to access funding even if you aren’t eligible for other kinds of loans. It’s a quick and easy process, and you can have the money in just a few days.
How Can You Use Your Vehicle For Cash?
Reach Out
If you want to unlock the cash value inherent in your vehicle, you can get in touch with us to start the process. We’ve created a simple online form for you to fill in, or if you’d rather speak to someone directly, you can find the telephone numbers for our Utah stores under the locations tab on the website.
Whichever option you choose, you’ll soon be connected with a helpful agent, who can address any questions or concerns you might have about the process. They will talk you through the things you need for a title loan. In general, all you’ll require is your vehicle, the title to that vehicle (in your name), and your state-issued, photo ID.
If you’ve got all these things, the next step is to meet with one of our trained agents so they can assess the car. Set up this meeting with the telephone agent helping you, and you’ll be well on your way to using your vehicle for a cash advance!
Meet With Us
Meeting with us is a quick and simple process, and can be done at a place of your choosing. If it’s not convenient for you to drive to one of our stores, just let the telephone agent know, and they can organize another location for the vehicle inspection.
You then simply need to attend this meeting with your paperwork and with the vehicle you wish to use for the cash advance. Note that the vehicle must be in your name; you can’t borrow money on somebody else’s vehicle. Get the title updated to your name before attending the meeting if necessary.
The agent will then quickly inspect your car, checking out its condition. They will look over your paperwork and determine whether you’re eligible for a loan, and how much money you can borrow. They will then be able to tell you straight away if you’re able to get a cash advance or not.
Fill In The Forms
There’s a bit of paperwork to finish off the process, but this should be quick and easy. Our agent will be there to help if you need any guidance. In total, the whole meeting can often be completed in as little as half an hour, although it may also take longer, depending on the circumstances.
Once the forms are done and signed, you’re all finished and you can go about your day as normal! The cash advance will be in your bank account within a couple of business days. You will keep the use of your vehicle as long as you meet your repayment schedule, so you can continue to run errands and drive to work as normal!
What Are Auto Collateral Cash Advances Used For?
You should use an auto collateral cash advance when you’ve hit an emergency that requires cash quickly. A few examples include things like: unexpected medical bills, unusually high utility bills, or home repairs that can’t wait.
In some cases, you might use this kind of cash advance to pay a vet bill, cover your rent, or something similar.
These cash advances shouldn’t be used to fund non-emergency purchases, or things like business startups. Luxury buys like gaming systems, designer outfits, etc., should be paid for in other ways.
Begin Your Application Now
Utah Title Loans, Inc. is here to meet all your needs for cash advances, getting you back on track financially. If you’ve had an unexpected bill to pay or you’ve hit an emergency where you need cash quickly, utilizing auto collateral can be a solution.
You may not want to sell your vehicle, especially if you need it to get to and from work, which is why auto loans are another option you might want to consider.
If you’ve got a vehicle that has some inherent value, we help you unlock that with our title loan options, allowing you to access fast cash when you need it, regardless of the emergency. All you need to do to get more information is fill out a quick form, and we’ll be in touch!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.