Utah Payday Loans and Cash Advances

A payday loan is a universal financial help instrument that is used when money is needed urgently and for a short period. We help people in Utah apply and get approved for a payday loan even if they have a bad credit history.

Are payday loans legal in Utah?

Payday loans in Utah have legal status. The only limitations apply to the loan duration (10 weeks).

How to get a payday loan in Utah

You can apply for a payday loan online, which is convenient, discreet and given that you use a service like ours, it can guarantee you instant approval. Alternatively, you can apply for a loan in a physical payday loan lender store. If you choose the actual office, make sure that you compare the rates off multiple lenders, because even a small difference in APR can result in major savings – or overpaying!

A professionally developed system integrated into our website will automatically calculate the best deal for the amount you need. If you would like professional help, you can contact us by email and we will pick up the optimal lender together with you. Applying through our website always guarantees approval, bad credit history is OK.

The minimal requirements you need to meet are being of full age, an American citizen and a resident of Utah. All you will have to do is to fill out the blank containing information about your name, address, employment status, income details, and bank account information. Your data is collected and processed through a secure protocol connection.

What are the minimal and maximal loans I can count on in Utah?

The minimal and the maximal loan amounts in Utah are not capped by the state legislature. This may be good on the one hand, giving you access to bigger loans, but keep in mind that with APR unlimited by the state, the fees will rise steeply with the principal of the loan you are applying for.

What motivates Utah citizens to apply for a loan?

Anything starting from the need to buy a new tool of the trade to go on a family vacation with your wife and kids was quoted by out Utah consumers. The reasons are very diverse throughout the state, but the most common ones swirl around mundane things like urgent medical bills, car repairs, weddings, gifts for special ones, and unspecified consumer needs.

Users often ask us:

What is the number (%) of people who pay their payday loans on time in Utah

According to 2015 data reports, 7,927 borrowers in the state of Utah were unable to pay off their debts. The loan can be renewed within 10 weeks from the day the loan was taken out, which gives more possibilities for borrowers to collect money for repayment. At our website, we also help to find cheaper installment loans to skip the higher fees of your current loan if you are struggling to repay it.

How many payday loans can you have at once in Utah?

The maximal amount of payday loans in Utah is not limited by the regulatory bodies.

Here is how you calculate APR for your loan

In order to calculate the actual cost of any loan (CL), you need to divide the APR in its number form by 365 days in a year, then multiply the result by the number of days (LT, or loan term) you take the loan out for and the loan amount (LA):


With the average APR applied in the state (528%), your loan coast will amount to something like this:

  • Loan Amount: $346 (median payday loan amount in the state as of 2013)
  • Loan Term: 60 days
  • APR (Annual Percentage Rate): 528%
  • Total Repayments: $1,348.21
  • Cost of Loan: $348.21

The following example illustrates less expensive APR from one of the landing services linked to our platform, for the same outstanding loan amount and the loan term.

  • Loan Amount: $346
  • Loan Term: 60 days
  • APR (Annual Percentage Rate): 299%
  • Total Repayments: $1,348.21
  • Cost of Loan: $348.21

We hope this article gave you a clear understanding on the way payday loan lenders operate in Utah and how to qualify for a loan with the best terms of use. If you have any questions remaining, please ask them through a Contact Us form on our website – we will get back to you with the answers very shortly!