Loan Options in Utah

Are you looking for payday loans and other consumer loans in Utah? Look no further! Financer.com helps you find the best loan solution for you.

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Amount: $1,000 | Period: 6 Months
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recommended

Chosen 49,025 times

recommended

Chosen 49,025 times

Loan Amount

$1,000

APR:

5.99% - 35.99%

Total Payment

$1,017.54

for 6 months

Monthly payback

$169.59

for 6 months

Lowest cost

Customer type:

All

Borrow up to

$35,000

Estimated Payback

08/11/2021

Weekend Payout

Age

18

62 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

recommended

Chosen 70,709 times

recommended

Chosen 70,709 times

Loan Amount

$1,000

APR:

5.99% - 35.99%

Total Payment

$1,017.54

for 6 months

Monthly payback

$169.59

for 6 months

Most chosen

Customer type:

All

Borrow up to

$5,000

Estimated Payback

08/11/2021

Weekend Payout

Age

18

25 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

Chosen 20,970 times

Chosen 20,970 times

Loan Amount

$1,000

APR:

5.99% - 35.99%

Total Payment

$1,017.54

for 6 months

Monthly payback

$169.59

for 6 months

Best reviews

Customer type:

All

Borrow up to

$35,000

Estimated Payback

08/11/2021

Weekend Payout

Age

18

9 Reviews

Interest & Costs

Flexibility & Terms

Website & Functionality

Support & Service

Important

Please note that loan amounts, interest rates and other loan terms may vary according to your state and credit profile.

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$1,000
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Utah Loans

Everything You Need to Know about Consumer Loans in Utah

Consumers in Utah who are facing a financial crisis have various lending options at their disposal. The first option is to obtain a Utah payday loan. These types of loans often have minimal requirements and are meant to be short-term.

Another type of Utah personal loans available in the state is installment loans. These are paid back over a longer period of time in equal monthly installments. The Utah Department of Financial Institution regulates the financial institutions found within this state including banks, credit unions, and payday lenders. Learn more about the lending situation in Utah below.

payday loan in arizona Online Payday Loans in Utah

Utah’s cash advances are limited for a period of 10 weeks. There aren’t any restrictions on the sum of a loan a borrower may take and the loan may be rolled over several times as long as the loan term does not exceed 10 weeks.

There are certain regulations a lending company in Utah must follow so that they can keep doing business in the state:

  • Pay the registration fee
  • Supply the facts required, such as the full rundown of all fees
  • Supply a written agreement to the client
  • The client should be well informed of the payment dates, terms, and all fees

Lending Interest Rates in Utah

The state of Utah is pretty much an open season to the borrower since there is no limit on how much interest can be charged. Critics have said that this practice leads to huge APRS’s and forces a borrower to take out multiple loans to cover defaults.

Utah interest rates are determined by various factors, among them a borrower’s rating. If an applicant’s credit rating is poor, there will be a higher interest rate charged. However, other types of loans in Utah such as installment loans or title loans will still attract a high APR regardless of whether the rating is good or bad.

Although cash advances in Utah have no limit on APRS, the state has capped the interest rate on bank loans at 10% per annum in the absence of a contract specifying a different rate.

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