Title Loan Terms in Utah. Defaulting on a Title Loan in Utah

HB0189 and also the Title Lending Registration Act don’t specify any type of term limitation for name loans in Utah. While what this means is name loan providers and their borrowers have actually the freedom to create terms which can be as brief or long while they want, the stark reality is that title loan providers more often than not put up terms which are thirty day period in total. This might be real in both Utah and a lot of other states over the country, with the exception of the ones that set longer minimal term lengths. Continue reading Title Loan Terms in Utah. Defaulting on a Title Loan in Utah