Bill
SB 309
House-struck SB 309 would have modified Utah title lending rules, likely tightening consumer protections in high-cost vehicle-collateral borrowing, but died in March 2025.
SB 309 amends Utah's title lending regulations, which allow consumers to borrow money using their vehicle title as collateral. The bill modifies existing rules governing interest rates, loan terms, fees, or lender obligations in the title lending industry. The House struck the enacting clause on March 8, 2025, effectively killing the bill.
Title loans are a form of high-cost borrowing that disproportionately affects low-income households. Changes to title lending rules directly impact consumer debt traps—borrowers who cannot repay often lose their vehicles, creating cascading financial hardship. The outcome of this bill signals whether Utah prioritizes consumer protections or industry flexibility in short-term lending.
Compiled from official sources — confirm details with the bill’s official record.
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