When And Why To Consider Emergency Installment Loans For Urgent Expenses

Life is unpredictable, and unexpected expenses can arise when you least expect them—be it medical bills, car repairs, or property damage. If you're struggling to cover these urgent costs, emergency installment loans can provide the fast financial relief you need. At Utah Title Loans, Inc., we simplify the process of obtaining these loans so you can focus on resolving your financial challenges without the hassle.

We make it easy to learn how to get installment loans, and if you are looking, where to find these installment loans near me? So, if you’d like to find out what it takes to qualify for these fast cash loans for emergencies, so you can handle your urgent expenses sooner rather than later, keep reading.

What Are Installment Loans?

When we say fast cash loans for emergencies, we mean just that. An installment loan, or unsecured installment loan for a better description, is designed to help you handle urgent expenses before they get worse. The way this loan works is, that you can a loan amount of up to $1,500 and repay it in monthly installments – hence the name.

If you have the required items for us to assess, you can find out if you can get approved the same day during an in-person meeting and have your money payment the same or the next business day. You can even begin the process for emergency installment loans online.

When Do You Need Emergency Installment Loans?

Emergency installment loans, as you might imagine, are best used for emergencies – as we have mentioned. There are many unexpected reasons you might need an emergency installment loan, but, you should only get an installment loan to pay off something important that you would only get worse if left unpaid.

Now that you know what an emergency installment loan is, let’s explore situations where they might be essential.

Medical Emergencies

Hospital bills are ridiculously expensive, especially if you need to go to the ER or have to have surgery done. These bills can range in the thousands of dollars, which most people don’t have on hand. You can expect to be getting bills for several weeks from the hospital since the billing department and the actual doctors treating you will bill separately.

The standard ER visit costs $1000, but if any medication or specialists need to be called in, you’re more likely looking at $3000-$4000. Medical emergencies for your dependents, parents, or pets can also be expensive, too. You don’t want to deny yourself or your loved one's necessary care, which is why these fast cash loans for emergencies are beneficial in these situations.

Funeral Expenses

Funeral expenses can be very high, ranging in the thousands of dollars. From flowers to the design of the casket, there are lots of elements that need to be accounted for when planning a funeral, and these expenses tally up quickly. The sudden passing of a loved one or pet is tragic, and emergency installment loans can help you have the cash on hand to ensure that they are properly honored in their passing and that the accommodations show due respect for the deceased.

Natural Disasters

Whether you have insurance or not, natural disasters can be incredibly expensive if they damage your property badly enough. And many of these repairs – like roof damage – need to be fixed as soon as possible. Certain types of natural disasters aren’t covered by insurance policies, which is where an emergency installment loan comes in to help you pay out for any necessary repairs.

Car Repairs

Some car troubles can be fixed pretty easily, but if your car suffers a catastrophic failure, then you might be looking at thousands of dollars to fix it. Transmission rebuilds or replacements, for example, can cost up to $7000, a sum most people don’t have squared away for emergencies. That’s where emergency installment loans can help — getting you the money you need now so that it can be a bit easier for you to get back on the road sooner rather than later.

How The Installment Loans Works At Utah Title Loans, Inc.

At Utah Title Loans, Inc. we can help you get the money you need to pay off your emergency expenses with our signature installment loans. The in-person meeting takes as little as 30 minutes and all you’ll need to find out if you can get an installment loan is:

• Your driver’s license or state-issued photo ID, 
• Proof of income 
• A blank statement from your checking account opened in your name

These personal loans are only available in-store, but we have multiple locations around Utah, so the chances of you living near one are pretty good. Be aware that you will need to have an active bank account open in your name to qualify for installment loans near me, and we will run a credit check before determining if you can get this loan. While a credit check may be necessary for funding, you apply and qualify for these emergency loans with bad credit, and the entire process can begin right online through our online form.

Get Started On Your Emergency Cash Loan Today

If you’re struggling with unexpected financial burdens, can’t make the payments you need, and are worried about qualifying for loans with bad credit, an emergency installment loan might offer the help you need. As you read earlier, learning how to get installment loans near me with our help was designed with this purpose in mind.

So don’t let your sudden medical expenses, mechanical breakdowns, or other expenses hold you back; get your financial stability back with an emergency installment loan. Fill out the online installment loan inquiry form now to begin the process for fast cash loans for emergencies. 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.