What You Must Know About Getting An Online Loan
We handle title loans every day… but for most people, the online title loan industry can be confusing, even intimidating. You may be one of those people needing extra cash, wondering if an online loan might be right for you, but you don’t know who to ask.
Consider Utah Title Loans, Inc. your friend on the inside!
Let us explain what you need to know about getting a loan online in terms anyone can understand!
What WE Want YOU To Know About Online Title Loans
Don’t worry if you don’t know everything there is to know about the online loan process. Most people don’t when they first apply. That’s why we have put together a short list of things we wish everyone knew about title loans online.
You must own the car outright. There cannot be a lien on the vehicle title, and your name must be the only one on the title. So, before you think about getting an online title loan, make sure you have the original title to your vehicle and that it is free of any liens or co-signers.
You can qualify for up to $15,000. Our title loans range from $300 to $15,000. The amount you qualify for will depend on the value of your vehicle. The car’s make, model, year, and condition are all considered when determining the amount of money that you qualify for.
We should also mention that not everyone needs the full amount they qualify for. Our staff will tell you what your maximum loan amount is, and then you can decide how much of that you actually need.
You will have to meet with a loan representative before your application can be submitted. Understandably, the term “online loans” can be misleading. Some would-be customers are under the impression that an online loan can be done completely online and off-site.
While we wish that was true for their convenience, we must inspect the vehicle in person to verify the VIN and see its condition for ourselves. This inspection doesn’t take long, and it can be done anywhere you choose. Just arrange a time and meeting place with your loan agent, and they can work around you!
There are several ways to get started. Online is probably the most common. This option is very popular because what doesn’t start with an internet search these days? You’ve already come to the right place, so now use our convenient online inquiry form to send over your information, and you’ll already be halfway through the title loan process.
You can also call the office or come by an office nearby in person if you prefer. We have staff members ready to answer your questions and help you start the process in those ways.
How Do Online Title Loans Work?
We have touched on this, but let’s outline the entire online title loan process from start to finish.
First, you’ll fill out the form on our website. It’s simple and secure, and it puts you in direct contact with someone at the office nearest you. That staff member will take your information and devise a set of loan terms that will suit your unique situation.
Next, you will wait for a call from your loan agent who already has your information. This short conversation will clarify anything you still have questions about, and your agent will lay out the loan parameters they have already drawn up. If you are in agreement with them, you’ll also set up a time and place for your vehicle inspection.
Note that everything we have discussed so far can be done from home or on the go from your mobile phone. An online title loan really is one of the most convenient ways to get money fast.
Vehicle Inspection: The Last Step In Your Online Loan
At Utah Title Loans, Inc., we want it to be easy and convenient for our customers to get a title loan when money gets tight. That’s why we come to you for the vehicle inspection.
The last part of your online loan request requires us to visually inspect the vehicle. We will make sure everything is correct and up-to-date, and then we’ll tell you exactly how much you qualify for.
Many customers choose to come to our office to have their inspection done, but others have conflicts that make it difficult or impossible to make it into one of our locations. That’s ok! Your loan agent will meet you just about anywhere to perform the inspection.
So, whether it’s a scheduling conflict that keeps you from our office or you’d rather have a more private setting for the inspection, we can accommodate that!
And that’s how online title loans work. We’re so glad you have allowed Utah Title Loans, Inc. the opportunity to fill you in on what you must know about these loans.
Get Started Today!
If you need any more questions answered, contact us so that we can provide any additional information you need, or get your online title loan started now!
Use the online form to submit your loan inquiry and receive a call from one of our experienced and helpful representatives that can help you get started.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.