Can You Get Multiple Quick Cash Loans At Once?

Many people might wonder if getting multiple quick cash loans at one time is possible. However, when you come to Utah Title Loans, Inc., you will have to get a loan one at a time. This means you have to finish paying off one before you can get another loan.

But why is that? Well, to put it simply, it makes for more responsible borrowing when you have to get a loan and pay it off before you can get another one here. Keep reading this article to learn more right now!

Practice Responsible Borrowing With Your Loan

As we said, taking out one loan at a time will allow you to practice responsible borrowing. This means you won’t be able to bury yourself in the debt you’d experience from having more than one loan out.

Another way you can further practice responsible borrowing is by only using your quick cash loan for emergency expenses. This means you should not use your loan for frivolous spending like eating at restaurants or hanging out with friends.

Instead, use it for the following things:

• Medical bills
• Emergency travel
• Late utility bills
• Late rent or mortgage payments
• Emergency home repairs

Types Of Loans You Can Get At Utah Title Loans, Inc.

Now that you know you can’t get multiple quick cash loans at once, you should know the types of loans you can get. When you come to Utah Title Loans, Inc., you can actually choose from three different types of loans – just make sure to do it one at a time.

Here is more information on the types of loans you can get with us when you have emergency expenses to deal with quickly:

Utah Car Title Loans

The first kind of loan you can get here is a car title loan. This loan allows you to use your vehicle’s lien-free title as collateral. Title loans range from $300 to $15,000, depending on your vehicle's value and its overall condition. You will need your driver's license or state-issued photo ID, a lien-free title in your name, and the vehicle for a quick inspection. The good thing about this loan is, even if you are approved, you get to keep your vehicle and use it during loan repayment.

Utah Payday Loans

The next loan you can get is a payday loan. Payday loans can range from $100 to $500 and help bridge the gap between pay periods when you need emergency cash quickly. To find out if you can get this loan, you’ll need your driver's license or state-issued photo ID, your most recent pay stub, and a blank check from an active checking account that's in your name. When it comes to this loan, you will repay it when you receive your next paycheck – which is usually in two weeks.

Utah Signature Installment Loans

The last loan you can get here is a signature installment loan. A signature installment loan can go up to $1,500 and allow you to repay it in installments, instead of all at one time. To find out if you can get this loan, you must have your driver's license or state-issued photo ID, proof of income like your most recent pay stub, and an active checking account in your name. One thing to keep in mind is we will check your credit for a signature installment loan before determining if we can approve you.

Get Through The Process Easily And Quickly

The process to obtain any of these loans starts the same way here. You will need to fill out the online inquiry form from our website so we can get your information. While this isn’t the official application, this does allow the nearest store location to get you into our system. It also allows one of our friendly and knowledgeable loan representatives to give you a call to discuss the loan options with you and explain each type of loan more specifically. They can also answer any questions you may have.

They will also schedule a meeting to meet you in person. If you are going for a title loan, this meeting can happen either at the store or we can come to you instead. If you are going for either of our other two loans, you will have to come to the nearest store. Either way, we will assess your required items and let you know if you qualify for approval for any of our loans and how much we can lend to you. If you do get approved, you can get the money either later that day or the next working day.

Get The Utah Quick Cash Loan You Need Right Now

Even if you can’t get multiple quick cash loans at once, there’s no reason for you to deal with your own emergency expenses alone. Instead, we here at Utah Title Loans, Inc. can get you the help you need right now!

We will gladly let you know if you qualify for any of our loans as soon as possible. So, find out right now if you can get a title loan, a payday loan, or a signature installment loan now. Fill out the online form on our website to begin the process today.

 

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