emergency installment loan

When You Need Emergency Installment Loans

There are moments where unexpected expenses arise in life, leaving you without the money on hand to pay off bills, medical expenses, damage to your property, or other expenses that need your immediate attention. When this happens, you can get emergency installment loans from us at Utah Title Loans, Inc. for help.

We make it easy to learn how to get emergency installment loans and we can help you out! So, if you’d like to see if you qualify for emergency installment loans so you can handle your urgent expenses sooner rather than later, keep reading this article.

What Are Emergency Installment Loans?

When we say installment loans for emergencies, we mean just that. This loan is designed to help you handle urgent expenses before they get worse. The way this loan works is, you can get anywhere up to $1,500 and repay it in installments – hence the name.

If you have the required items for us to assess, you can find out if you can get approved within the day during an in-person meeting and have your money the same or next day. You can even begin the process for emergency installment loans online.

When Do You Need Emergency Installment Loans?

Emergency installment loans, as you might imagine, are best used for emergencies – as we said in the beginning. There are a lot of unexpected reasons you might need an emergency installment loan, but in general, you should only get an installment loan to pay off something important that you would only get worse if you left them unpaid. Here are a couple of examples of ways you can use emergency installment loans online:

shaking hands with representative for emergency installment loan

Medical Emergencies

Hospital bills are ridiculously expensive, especially if you need to go to the ER or have to have surgery done. These bills can range in the thousands of dollars, which most people don’t have on hand. You can expect to be getting bills for several weeks from the hospital since the billing department and the actual doctors treating you will bill separately.

The standard ER visit costs $1000, but if any medication or specialists need to be called in, you’re more likely looking at $3000-$4000. Medical emergencies for your dependents, parents, or pets can also be expensive, too. You don’t want to deny yourself or your loved one's necessary care, which is why emergency installment loans are beneficial in medical emergencies.

Funeral Expenses

Funeral expenses can be very high, ranging in the thousands of dollars. From flowers to the design of the casket, there are lots of elements that need to be accounted for when planning a funeral, and these expenses tally up quickly. The sudden passing of a loved one or pet is tragic, and emergency installment loans can help you have the cash on hand to ensure that they are properly honored in their passing and that the accommodations show due respect for the deceased.

Natural Disasters

Whether you have insurance or not, natural disasters can be incredibly expensive if they damage your property bad enough. And many of these repairs – like roof damage – need to be fixed as soon as possible. Certain types of natural disasters aren’t covered by insurance policies, which is where an emergency installment loan comes in to help you pay out for any necessary repairs.

Car Breakdowns

Some car troubles can be fixed pretty easily, but if your car suffers a catastrophic failure, then you might be looking at thousands of dollars to fix it. Transmission rebuilds or replacements, for example, can cost up to $7000, a sum most people don’t have squared away for emergencies. That’s where emergency installment loans can help — getting you the money you need now so that it can be a bit easier for you to get back on the road sooner rather than later.

How Utah Title Loans, Inc. Can Help

We here at Utah Title Loans, Inc. can help you get the money you need to pay off your emergency expenses with emergency installment loans. The in-person meeting takes as little as 30 minutes and all you’ll need to find out if you can get an installment loan is your driver’s license or state-issued photo ID, proof of income, and a blank statement from your checking account currently opened in your name.

These loans are only available in-store, but we have multiple locations around Utah, so the chances of you living near one are pretty good. Be aware that you will need to have an active bank account open in your name to qualify for a loan, and we will run a credit check before determining if you can get this loan. And the entire process can begin right online through our online form.

wooden blocks spelling loans for emergency installment loans

Get Started Today With An Emergency Loan

If you’re struggling with unexpected financial burdens and can’t make the payments you need, then an emergency installment loan might be the right option for you. And as you just read, our emergency installment loan was designed with this purpose in mind.

So don’t let your sudden medical expenses, mechanical breakdowns, or other expenses hold you back; get your financial stability back with an emergency installment loan. Fill out the online form now to begin the process.

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.