For a car title loan or personal loan, there’s no better stop than Loans for Less. Our loan experts offer low rates and professional advice on title loans, and our reputation and consistency have led us to over 19 years of high-quality service to Utah residents. Before you ever set foot in our office or give us a call to speak to one of our agents, though, you obviously will want to know why you’re in need of the quick cash we provide at Loans for Less. What are some of the most common expenses people use title and personal loans for? Let’s take a look.

Emergency

The most common need for fast cash is an emergency out of the blue. Maybe a family member is robbed and needs a little assistance with bills coming up, or maybe your pet becomes suddenly ill and needs expensive medication. No matter what the issue, a car title loan is a perfect way to fill that void.

Medical Expenses

For people with many different kinds of conditions, medical bills may seem manageable – until one day, they simply aren’t. Unexpected bumps are common for people who spend lots of time with the doctor or in the hospital, and they’ll often need a few extra dollars from a car title loan to make due.

Rent, Utilities or Other Home Bills

As you can see, we’re developing a theme here – immediate expenses that will cause immediate consequences if they’re not accounted for are some of the most common uses of title loans. Many items around the house can fall in this category as well: Everything from rent to sudden repairs can become a problem, and it’s rare that people have much leeway on these expenses before a serious event like eviction takes place.

Unemployment

Some percentage of folks will always be unemployed, unfortunately, and a title loan is a perfect way to stay afloat for a little while as you get back on your feet.

Funeral Expenses

Another sudden event that often leaves few alternatives is the death of a loved one, particularly related funeral expenses that will often come if the person was unable to leave any inheritance. At Loans for Less, we know that these and other financial struggles are sometimes simply unavoidable. Talk to one of our brokers today about a title loan to help you through a tough time.

It happens to the best of us—there comes a time in your life when something comes up and you need cash fast. Whether it’s an unexpected bill or you need cash for other expenses, car title loans are one of the greatest ways to get the cash you need quickly. If you are interested or thinking about a title loan, take a look at these benefits to car title loans:

Easy Access

Applying for a car title loan is fast and easy; you can either go online or make a phone call. The process is so simple you can be done in about 10 minutes. What’s even better is that you will typically get a fast response on your application and if approved funds could be picked up that same day.

You Qualify if You Have a Vehicle

You can qualify for an auto title loan whether you have a car, motorcycle, RV, SUV, or truck. These loans are based on collateral by using your vehicle’s title, not your credit.

Credit is a Not an Issue

If you are concerned about your credit or just don’t want to have an additional loan reported on your credit account, an auto title loan is known as a no-credit check loan and is based off of collateral – your vehicle’s title.

You Can Still Drive Your Car

Even if you get an auto title loan, you can still drive your car. The title is used as collateral in case you can’t pay the loan back. Once you make the final payment, the title is returned back to you. You don’t have to worry about how you are going to get around if you get a car title loan.

Cheaper than a Cash Advance

Auto title loans use your vehicle as collateral, and because of this, they have a layer of protection, so they don’t have to charge as high of interest rates.

Easy Repayment Options

Quick and efficient repayment options are offered. With these loans, you will have an upfront schedule, that way you will know when payments need to be made.

Alleviate Stress

Life gets hard at times. If you are going through a tough time financially, a cash title loan can help you get back on your feet. There is no reason to live with extra stress when you are in need of quick cash.

Just like treatment expenses for a health condition that’s not covered by insurance, people can turn to loan agencies that offer topnotch title loans in Salt Lake City for financial emergencies,. However, with a loan comes the weight and responsibility to pay off the loan in full and on time. That in mind, personal finance writer Ben Feldman offers a few tips: