Your Guide To Quick Loans In Utah     

When looking to get quick cash, one of the options available is a quick, online, Utah installment loan. With this type of loan, consumers will have the opportunity to get financing for living costs, repairs, medical expenses, and home improvement projects. 

Quick loans in Utah are widely available to those with poor or even no credit history. As well as offering quick cash, these short term installment loans are offered online with reasonable rates compared to other financing options. Quick installment loans can be an ideal option for those who need short-term additional funds immediately. 

What Is A Short Term Loan?

Before getting a short-term loan, it is important to know what this type of loan is and how it works. A short-term loan is a type of financing loan that provides consumers with an amount of up to $5,000. With this type of loan, you are able to get quick cash to pay bills and meet other financial obligations that you don’t have sufficient funds for. An example of this type of loan would be a quick loan of $1,000 to pay for a home repair. Another example is getting $2,000 to pay for some unexpected medical expenses. By getting this type of financing, you can pay unexpected expenses more easily. 

 

What Is An Installment Loan?

An installment loan is a short-term loan that you pay over a period of up to two years. Compared to other types of loans such as payday loans, you have more time to pay off the entire balance. As a result, you can get the funds you need to cover expenses as well as pay them back on the most affordable terms. 

 

What’s The Difference Between A Payday Loan And A Short Term Loan?

There is a difference between payday loans and short-term quick loans. One of the main differences between the two types of loans is the payment terms. A payday loan will usually require you to pay back the entire balance within 30 days. Compared to a payday loan, short-term loans offer a longer payback period. This type of loan will allow you to pay back the entire balance within 7 months to 26 months. Another difference is that payday loans usually charge an interest rate that is well in the double digits. Short-term quick loans are usually offered at rates that are below 10%. As a result, short-term loans are easier to pay back and have more flexible terms compared to payday loans. 

 

What If I Have Bad Credit Or No Credit?

One of the best things about quick loans is that they are available to those who have credit issues. For those with bad credit, short-term loans can provide needed financing at low-interest rates. As a result, you won’t have to worry about paying a very high interest rate that can make it more difficult to pay back in the future. As well as those with bad credit, a short-term loan can also help someone who has no credit history. Using a quick loan can allow you to get funding for everyday expenses or liabilities that you can pay back on affordable terms. This allows you to build your credit history and get your credit rating up over time. Today, there are plenty of short term loans for those with either bad credit or no credit at all. 

 

Who Is Nice Guys Loans?

When it comes to looking for a provider of short-term quick loans, there are many companies that you can consider. One of the short-term loan companies in Utah that stands out among the rest is Nice Guys Loans. This company has been in business for several years and is one of the leading short-term loan providers in Utah. With Nice Guys Loans, you can get financing at affordable rates, generous terms, and loan amounts that are sufficient to meet your financial needs. 

 

How Does It Work?

The process of getting a quick loan from Nice Guys Loans is very simple. First, you visit the website and apply online. It is important to fill out the application as completely as possible. After you fill out the application, you will then be contacted by Nice Guys Loans within one hour and told whether or not you have been approved. As soon as you are approved, you will get a contract emailed to you and then you just need to e-sign it. With the contract, you will be given the payment terms. These can include a period of 7 months to pay back the loan and either a weekly or bi-weekly payment schedule. 

 

What Are the Qualifications?

Like all types of loans, there are certain qualifications that you will need to meet. One of the qualifications that you will need is to have proof of income. You will need to send a pay stub as well as information about your employer. For those who are self-employed, a business license, business bank account, and tax returns will be sufficient. With a proven source of income, you should qualify for a short-term loan. 

 

Who Do We Service?

Nice Guys Loans serves people from all walks of life in the state of Utah. This company serves individuals, families, and business owners. Nice Guys Loans may also serve students as well. The main type of customer we serve are working adults who are in need of quick cash. Whether that is to cover the cost of everyday expenses such as bills or unexpected liabilities such as medical bills and car repairs. Nice Guys Loans focuses on serving the residents of Utah. 

 

How Do I Know If It’s Trustworthy?

Whenever you are looking to get a quick loan in Utah, it is important to do your research. You need to see which companies offer the loans you’re looking for. The first step in this process is to research the track record of the company. You will want to make sure that the company has no negative complaints as well as no history of fraud. It is important to make sure that the company has all the appropriate credentials and licenses. Fortunately for consumers, Nice Guys Loans meets all of these criteria so this company can be trusted to meet your short-term financial needs.

Nice Guys Loans holds and A+ rating from the Better Business Bureau, and is licensed by the Utah Department of Financial Institution.