Utah

Loan Amount

Loan amounts in Utah can range from $100 to $1500.

Fees

Our fee is 25% of the amount of the loan. For example, the fee for a $100 loan is $25. A fee schedule is below.

Term of Loan

A loan in Utah can be from 8 to 35 days. You loan will be due on your next payday that is within 8 to 35 days.

Specifically for different paydays:

Weekly – Due back on the payday following the next payday.
Bi-Weekly – Due back on the next payday.
Semi-Monthly (1^st and 15^th etc.) – Due back on the next payday.
Monthly – Due back on the next payday.

If your next payday is less than 14 days, your advance will be due in 14 days.

Repayment

You must notify us at least two (2) business days before the due date if you wish to extend your advance. Otherwise, we will automatically debit your checking account for the full amount due.

Your advance may be renewed a maximum of 4 times by paying an additional fee if you are paid Weekly, Bi-Weekly, or Semi-Monthly. Your advance may be renewed a maximum of 2 times by paying an additional fee if you are paid monthly.

The maximum loan term including extensions can not exceed 12 weeks from the date of the original loan.

Once your advance has been paid in full, you may obtain another advance in two (2) business days. (Example: If paid in full on Monday, another advance can be made on Wednesday)

Fee Schedule and APR

		$100	$200	$300	$400	$500	$600	$700	$800	$900	$1000	$1100	$1200	$1300	$1400	$1500
Term In Days	APR*	Finance Charge/APR
8	1140.63%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
9	1013.89%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
10	912.5%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
11	829.55%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
12	760.42%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
13	701.92%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
14	651.79%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
15	608.33%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
16	570.31%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
17	536.76%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
18	506.94%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
19	480.26%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
20	456.25%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
21	434.52%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
22	414.77%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
23	396.74%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
24	380.21%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
25	365.0%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
26	350.96%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
27	337.96%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
28	325.89%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
29	314.66%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
30	304.17%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
31	294.35%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
32	285.16%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
33	276.52%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
34	268.38%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375
35	260.71%	$25	$50	$75	$100	$125	$150	$175	$200	$225	$250	$275	$300	$325	$350	$375

*Annual Percentage Rate: The APR is the cost of your loan expressed as a yearly rate.

License

Consumer Guide To Payday Lending In Utah

Governing Law

We are a licensed Deferred Deposit Lender in Utah. Loans made in Utah are governed by Utah law. Questions about the law may be directed to the Utah Department of Financial Institutions.