Unsecured Loans in Utah

If you’re in need of emergency cash and you live in the state of Utah, TLC Loans has you covered.


Unsecured Loans vs Secured Loans

Unsecured loans are loans that are approved without the need for collateral. Instead of pledging assets, borrowers qualify based on their credit history and income.


What about secured loans? As the name implies, a secured loan is used for a property like a house or car that the lender can take if you default on your loan. Whereas for unsecured loans, lenders do not have the right to take physical assets (such as a home or vehicle) if borrowers stop making payments on unsecured loans.

Types of Unsecured Loans;

A personal loan is a common example of an unsecured loan. The reason you’re borrowing the money doesn’t matter; Perhaps you didn’t have the cash on hand to repair your car or your water bill spiked thanks to a leaking pipe. Maybe you didn’t have enough resources to get you through until your next paycheck, personal loans allow you to use the cash where and when you need it. Also, personal loans (also called signature loans) usually have lower interest rates than credit cards. (See TLC Loans low Utah rates and terms here.)


As well as personal loans, an unsecured loans come in other forms such as:

  • Credit card loans
  • Medical bills debt loans
  • Home improvement loans

Qualifying for an Unsecured Loan in Utah

To get a secured loan in Utah, you do not need to pledge anything as collateral. Instead, the lender will evaluate your loan application based on your ability to repay (as opposed to the lender’s ability to sell your assets and collect what you owe). Typically you need a good credit history to qualify for one, however, if you have bad credit, you can still apply to TLC Loans here. That’s because we recognize that sometimes bad things happen to people.

How to Apply

As mentioned, even with bad credit, Total Loan Company’s unsecured personal loans are a perfect way to respond to unexpected emergencies such as car repairs, medical expenses, or travel. So if you’re looking for a loan in Utah, TLC Loans has you covered.


Every loan from TLC has a fixed rate, which means your rate will not change for the entire term of your loan. Once you have applied online here, the approval process is fast and easy; Once we receive your application, our customer service representatives will contact you to verify your income and employment, you will sign your loan agreement electronically and be all set to receive your funds. Once you have signed online, you’ll receive your loan in your bank account on the next business day.


With TLC Loans, you are with a good company:

  • No Extra Fees, You Always Know What You Pay
  • 24/7 Customer Support
  • All Data is Fully Protected


Questions on our unsecured loan process? Get in contact with us. Or simply apply for your unsecured loan here today.