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Checkpoint One
-Signature Loans and Car Title Loans-
Making loans in Utah for over 33 years.
Checkpoint One- Corporate
Headquarters
324 N Main
Tooele, UT 84074
ph: 435-882-5560
alt: 435-833-9376
Headquarters
324 N Main
Tooele, UT 84074
ph: 435-882-5560
alt: 435-833-9376
Customer Notice:
Post-dated check loans and Car Title loans
are designed to be used for short-term
financial needs only, not as a long-term
financial solution. Customers with credit
difficulties should seek credit counseling.
Post-dated check loans and Car Title loans
are designed to be used for short-term
financial needs only, not as a long-term
financial solution. Customers with credit
difficulties should seek credit counseling.
Car Title Loans
Have you found yourself in need of some extra cash quickly and you don't have a
checking account? A Car Title Loan may be the solution. A car title loan is a financial
tool designed to allow people who have a full time job or some other reliable source of
income and who own a vehicle to obtain a short-term loan using the vehicle's title as
collateral. In most cases, you get to keep driving your vehicle for the duration of the
loan.
Do you have bad credit? No credit? Recent bankruptcy? No problem! What 's
important is the value of your vehicle and your ability to repay the loan.
checking account? A Car Title Loan may be the solution. A car title loan is a financial
tool designed to allow people who have a full time job or some other reliable source of
income and who own a vehicle to obtain a short-term loan using the vehicle's title as
collateral. In most cases, you get to keep driving your vehicle for the duration of the
loan.
Do you have bad credit? No credit? Recent bankruptcy? No problem! What 's
important is the value of your vehicle and your ability to repay the loan.
Loan Requirements:
In order to get a title loan, you must own the vehicle free and clear of all encumbrances. The vehicle
needs to be currently registered and titled in the state of Utah, and you must be in posession of the
title. The title must be in the person's name that wants to make the loan. If the title is in more than
one person's name, all persons on the title must sign to make the loan. You must have a current
valid driver's license and a source of income adequate to repay the loan. Finally, you must live in the
general area near one of our locations.
In order to do a Car Title Loan, you will need to bring the following items into one of our offices:
needs to be currently registered and titled in the state of Utah, and you must be in posession of the
title. The title must be in the person's name that wants to make the loan. If the title is in more than
one person's name, all persons on the title must sign to make the loan. You must have a current
valid driver's license and a source of income adequate to repay the loan. Finally, you must live in the
general area near one of our locations.
In order to do a Car Title Loan, you will need to bring the following items into one of our offices:
- Your vehicle
- A clear Utah title for the vehicle
- An extra set of keys for the door and the ignition of your vehicle
- A valid driver's license
- Your most recent paystub or other verification of income
How it Works:
You assign us as the Lien holder on the title, giving us a collateral interest in the loan, and in
exchange we give you immediate cash in the form of a check.
exchange we give you immediate cash in the form of a check.
Time Period:
Our Title loans are set up as a 30 day loan. You are welcome to pay the loan off early though using
cash or a certified bank check, and we will only charge you for the days you have used. We also give
you the option to extend the loan beyond the first 30 days by paying the interest for the prior 30 days,
and we will extend the due date forward another 30 days.
At any point in time, you also have the option to pay down on the principle of the loan by paying the
interest that has accrued up to the day you come in, and then anything you pay above that amount will
pay down on the principle of the loan, which will also reduce the interest for the next thirty days.
cash or a certified bank check, and we will only charge you for the days you have used. We also give
you the option to extend the loan beyond the first 30 days by paying the interest for the prior 30 days,
and we will extend the due date forward another 30 days.
At any point in time, you also have the option to pay down on the principle of the loan by paying the
interest that has accrued up to the day you come in, and then anything you pay above that amount will
pay down on the principle of the loan, which will also reduce the interest for the next thirty days.
Loan Amount:
We will loan up to 30% of the trade-in value of a car or truck (25% or less on vehicles ten years old or
older), or 50% of your gross monthly income, whichever is the lesser amount. The value of the
vehicle is determined by using the trade-in value found on Kelly Blue Book's web site on the internet.
If there is any damage to the vehicle, we would loan less depending on the nature of the damage.
older), or 50% of your gross monthly income, whichever is the lesser amount. The value of the
vehicle is determined by using the trade-in value found on Kelly Blue Book's web site on the internet.
If there is any damage to the vehicle, we would loan less depending on the nature of the damage.
Loan Cost:
We charge 304.1667% per year on Title Loans, which equates to $0.83 1/3 per hundred dollars you
borrow, per day. If you come in and pay the loan off in cash before the due date, we will pro-rate the
interest and charge you only for the days you have used.
We do not charge any set-up fees for our services. The only other fee that you will incur is the $6 fee
that we are charged by the State of Utah when we file a lien on your title. We do also charge a late fee
if you are more than 10 days late on making your payment.
borrow, per day. If you come in and pay the loan off in cash before the due date, we will pro-rate the
interest and charge you only for the days you have used.
We do not charge any set-up fees for our services. The only other fee that you will incur is the $6 fee
that we are charged by the State of Utah when we file a lien on your title. We do also charge a late fee
if you are more than 10 days late on making your payment.