Utah Payday Loans
Utah is home to many interesting sites and with hundreds, if not thousands, of activities for the outdoor enthusiast. Utah has five national parks and 14 Alpine ski resorts and the snow in Utah is dry and considered some of the finest powder in the world. The Great Salt Lake covers 2,100 square miles and is 34 feet deep at its deepest point. The Mormon temple in Utah took some 40 years to complete.
Utah has very little restrictions on payday loans and cash advances. There is no limit to the amount of interest than can be charged nor was there limit to the amount a loan could be made in found. All lender stores must post a schedule of fees and charges in dollar amounts to include interest charges. This posting must also include a complaint number and must be provided to the customer in writing. Additionally, these conditions must be verbally explained to all customers.
Maximum Loan Amount
None was found.
Loan Terms
Maximum of 12 weeks.
Extensions and Rollovers
Are allowed but cannot extend the term past 12 weeks.
Fees and Charges
There are no limits on fees and charges a company may charge customers.
Fee Schedule and APR
In addition to no fee limits, Utah has no limits on APR so companies may charge as much as they wish.
Salt Lake City, UT 84107
Salt Lake City, UT 84107
Salt Lake City, UT 84123
Salt Lake City, UT 84107
Salt Lake City, UT 84123
Salt Lake City, UT 84107
Salt Lake City, UT 84119
Salt Lake City, UT 84123
Salt Lake City, UT 84119
Salt Lake City, UT 84106
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| Pay Schedule | ||||||||
| Average Loan | Average Age | Weekly | Bi-Weekly | Monthly | Twice Per Month | Home Owner | Renter | |
|---|---|---|---|---|---|---|---|---|
| 2012 | $673 | 38 | 17% | 50% | 13% | 21% | 30% | 70% |
| 2011 | $685 | 36 | 15% | 47% | 19% | 19% | 25% | 75% |
| 2010 | $738 | 38 | 13% | 51% | 19% | 18% | 31% | 69% |

