When a Title Loan Makes Sense

There are many kinds of loans out there, and one of the simplest and most straightforward is a car title loan? At Utah Money Center, we have many options to get you a quick title loan for that little bit of financial flexibility you need.
What are some of the key reasons why title loans can be preferable to many other formats? There are a few specific situations. Here are a few.

Bad Credit Score

Some people might be ashamed at having a bad credit score, but don’t get down on yourself if this is the case. Things happen, and life throws a lot of curveballs that can be tough to plan for financially. It’s not uncommon for people to have bad credit history, and it’s not some terrible reflection on you.

It is, however, often a good time for a car title loan to be used. If you’re on the way toward a more stable financial situation but just need a little bit more flexibility to get you over the top, a title loan can be perfect.

Car Needs Repairs

Issues with the car itself can signal some of the best potential opportunities for title loans. If you’re in a situation where delaying a repair might lead to further issues, and you have no other outlet to cover these repairs, it makes sense to put your car itself up as collateral. If the only alternative is being forced not to use your car, and paying for alternative sources of transportation, use a car title loan to handle repairs instead.


Probably the most common use of title loans is for unexpected emergencies. Maybe it’s a medical situation, or a large unforeseen expense in a variety of areas – whatever it is, there are few options available to get you money quicker and more easily than through a title loan.
Want to learn more about any of our car title loan programs? Speak to the brokers at Utah Money Center today.