Rates & Fees
Transparency is important to us. Below you'll find detailed information about our rates and fee structure.
Title loans in West Valley City are governed by the Utah Title Lending Registration Act. While Utah does not currently impose a statutory interest rate cap on title loans, lenders are strictly required to disclose all costs, including the APR and any origination fees, before you sign. These loans are designed as short-term financial solutions. We recommend borrowers evaluate their ability to repay the full balance to avoid the risk of vehicle repossession.
Annual Percentage Rate (APR)
36% - 359% (Varies by lender)
Representative Example
| Loan Amount | Term | APR | Finance Charge | Total Repayment |
|---|---|---|---|---|
| $1,000 | 30 Days | 120% | $100 | $1,100 |
| $2,500 | 6 Months | 98% | $720 | $3,220 |
| $5,000 | 12 Months | 85% | $2,400 | $7,400 |
The rates and terms above are representative examples only. Your actual APR, monthly payment, and total loan cost will depend on the specific lender you are matched with, your vehicle's appraised value, and your verified income. Always read the fine print of your specific loan agreement.
State-Specific Information — Utah
Maximum Loan Amount: Based on vehicle value (typically up to $25,000)
Rate Cap: No statutory limit (Varies by lender)
Regulations: Utah Title Lending Registration Act (Title 7, Chapter 24)
Licensing: Utah Department of Financial Institutions