Title Loans Bountiful, Utah
Are you pushed overboard by your existing financial situation? Are you at your wit’s end and don’t know what to do? You are absolutely not the only person in Bountiful, Utah going through this. You have company, but it doesn’t have to be that way for long because there is a title loan lender that wants to come to your rescue. Are you open to this? If not, then you may end up being in the same financial funk until it gets almost impossible to get out. So, contact a title loan lender in your area. There are several that serve your community of Bountiful. You have more to gain than to lose. Moreover, you owe it to yourself to obtain financial relief once and for all.
The City of Bountiful
The city of Bountiful is located in the Davis County within the state of Utah. The population was reported as 42,552 by the United States census department in the year 2010. This is an increase of three percent from the year 2000 when the population was 41,301. In the latter years of 1940 to 1960, the population experienced rapid growth. In 1985, the city of Bountiful was considered the largest city in Davis County, but was surpassed soon after by the city of Layton. Considered a bedroom community of Salt Lake City, today, the city of Bountiful is number 15 on the list of largest cities in the state of Utah. The roads extending from the city are narrow going into Salt Lake City and so, residents experienced traffic gridlock during normal rush hour.
Title Loan Laws
The Utah title loan industry in whole state is governed by Title Lending Registration Act, Utah Code §§ 7-24-101. The title lender can offer funding to a resident in Utah that fully owns a motor vehicle, motor boat or mobile home. The law mandates that the lender place the interest rate or fees that will be charged to the borrower in a conspicuous place, either on the website or the physical location. It should also be put in the written contract agreement in dollar amount and the yearly percentage rate (APR). The lender must provide a phone number to the potential borrower in case the person wants to file a consumer complaint.
Loan Process
A title loan was created specifically to help people with financial issues that have become quite burdensome. In comparison to a traditional lender, a title loan lender understands the impact of financial problems. For that reason, you will find that the title loan process is much easier and smoother. Title loan lenders have created an application process that can be done from the comfort of your home. You can go online and fill out the application and within minutes or in a few hours, you could have the money you need.
The Requirements
You will only be asked to provide a few documents. This would include:
- Proof of age (valid driver’s license or valid ID card)
- Proof of stable income (tax returns, pay stubs, unemployment benefits, disability benefits, social security benefits or worker’s compensation)
- Certificate of title
- Vehicle registration
Application Completion
After you complete the application and submit it, the lender will use the information provided to get an assessment of the value of the vehicle to determine the title loan quote. Your loan is reviewed and processed after paperwork requirement is met. Within 24 hours, you could have the money you need. So, take the next step by completing the application now.
