Best Payday Loan Lenders in Utah

In the era of cracking down on payday loans, the Beehive State seems to be going against the grain. Laws regulating the payday loans Utah has to offer are quite lenient when compared to the rest of the nation. This allows Utahns to obtain higher loan amounts. Still, they should be careful to borrow within their means. Weak legislation made us extremely careful to include only the cream of the crop. Our list consists of state-licensed lenders with the most favorable terms. Keep scrolling to discover what’s on the menu.

Best Payday Loans Providers in Utah

Check'n Go Logo

Check ‘n Go

Real solutions for real people

Check ’n go opened its doors to customers in 1994. Their first storefront was in Kentucky, and they’ve since expanded their business to over 20 states. This company offers quick payday loans, with interest rates that fall well within the industry average. With 26 years of experience and 1,000 stores across the US, you can’t go wrong with Check ‘n Go.

Available in: AL, CA, DE, FL, HI, ID, IL, IN, IA, KS, KY, ME, MI, MS, MO, NE, NV, ND, OH, OK, RI, SC, TN, TX, UT, WI, WY

Loan amount: $50-$1,500 (some states might have a lower cap)

Loan term: 10-35 days

APR: Depends on the loan term (214.68-661.80%)

Min. credit score: N/A

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

Check into Cash Logo

Check into Cash

Your One Stop Money Shop

A true trailblazer, Check into Cash is among the best payday loans providers out there. The company was established in 1993, and they operate over 800 stores across 20 states. It is a well-established brand with numerous storefronts, which is quite reassuring to many customers. On the downside, they do run credit checks on new customers.

Available in: AL, AK, CA, DE, FL, HI, ID, IN, KS, MS, MO, NV, OK, OR, TN, TX, UT, WA, WI, and WY

Loan amount: $50-$1,000 (some states might have a lower cap)

Loan term: 14-30 days

APR: Depends on the loan term (261-782%)

Min. credit score: 300

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

Advance America

Advance America

Money today, momentum tomorrow.

One of the industry pioneers, Advance America has been in business since 1997. With over 1,400 physical stores across the continent and millions of clients served, Advance America offers some of the top payday loans on the market. They run a full-disclosure, no-nonsense kind of business where the customer always comes first.

Available in: AL, CA, CO, DE, FL, ID, IL, IN, IA, KS, KY, LA, MI, MS, MO, NE, NV, OH, OK, RI, SC, TN, TX, UT, VA, WA, WI, WY

Loan amount: Up to $1,000 (some states have a lower cap)

Loan term: 2-4 weeks

APR: Depends on the loan term (231-495%)

Min. credit score: N/A

Approval time: Almost instant

Funds available in: Same or next business day

Online application: Yes

Check City Logo

Check City

Quick Cash Loans at Check City

Over 30 years ago, back in 1986, Check City opened its first store in Virginia. The company was a huge success from the get-go, and they quickly expanded the business. Nowadays, you can find the Check City storefronts in four states or get an online loan.

Loan amount range: $100 to $510

Loan term: up to 32 days

APR: 460% for a two-week loan

Min. credit score: N/A

Finance charge: $17.65 for every $100 borrowed

Approval time: Almost instant

Funds available in: Same or next business day

Number of Hawaii stores: Online only

Online application: Yes

24/7 open: No

Cash Central Logo

Cash Central

online lending made simple.

Looking for top online payday loans in the US? Cash Central could be an excellent place to start. This brand is state-licensed, which ensures the safety and credibility of its services. They operate solely as an online lender, meaning that in-store cash advances are unavailable.

Loan amount range: $100 to $200 (loan amount may increase based on personal qualifications)

Loan term: 14 to 30 days

APR: 486% on a 15-day loan

Min. credit score: N/A

Fees: $20 per $100 borrowed

Approval time: Almost instant

Funds available in: Same or next business day

Number of Mississippi stores: Online only

Online application: Yes

24/7 open: No

USA Cash Services Logo

USA Cash Services

Make Today Your Payday!

This company has been in business since 1995 and is also an online lending pioneer. USA Cash Services started offering these loans way back in 2001. Being a licensed lender and a member of CFSA ensures their trustworthiness and credibility. Their services are available in stores as well as online.

Loan amount range: $50 to $1,500

Loan term: 14 to 30 days

APR: 521% on average

Min. credit score: N/A

Finance Charge: $20 per $100 borrowed (for a 14 day loan) $42 per $100 (one month loan)

Approval time: Almost instant

Funds available in: Same or next business day

Number of Utah stores: 11

Online application: Yes

24/7 open: No

Utah Payday Loans Laws

Payday loans are legal in Utah and very “loosely” regulated if we do says so ourselves. Many aspects such as loan amounts and finance charges aren’t specified. Therefore caution is advised. Customers should be careful to choose state-licensed lenders exclusively, as this is their only insurance against exorbitant fees.

State Law

Payday Loan Requirements in Utah

Bad Credit Loans in Utah

Payday loans in Utah with no credit check are easily attainable. They were designed to answer this very problem. People with bad credit usually can’t get a bank loan, and that’s where payday loans come into play.

Failing to Repay a Payday Loan in Utah

There are several options for borrowers unable to repay their payday loan in Utah on the due date. Refinancing a loan is possible, provided that debtors pay the fees plus at least $5 of the principal amount. The loan cannot be extended for more than 10 weeks. Once a year, a customer can enter into a payment plan and pay the loan off in several equal installments. While criminal charges against borrowers are prohibited, they do happen. Such charges should be reported to the authorities.

Reviews of the Best Payday Loans Utah Has to Offer

Check ‘n Go

Check ‘n Go is an outstanding brand that offers both in-store and online cash advances. They operate 13 storefronts in the Beehive State, making their loans easily accessible. As a member of the Online Lenders Alliance, Check ‘n Go vows to uphold the best lending practices. The vendor is licensed by the Utah Department of Financial Institutions.

Pros

Cons

Lending Offer Overview

Without a doubt, one of the best-rated payday lenders Utah has to offer, Check ‘n Go, offers both in-store and online payday loans. State laws are somewhat lenient in Utah, resulting in a varied offer among lenders. This is what Check ‘n Go has on the menu. The APR depends on the loan term, and it ranges between 304% to 651%. This company’s payday loans in Utah online and in-store come with different loan terms. Borrowers will have between 5 and 35 days to repay their in-store loans, while online cash advances go from 10 to 40 days. Their clients can borrow as little as $50 and way up to $1,000. For every $100 borrowed, customers will have to pay a $25 fee. This company offers three extensions, which can increase the loan term up to 10 weeks.

Other Features

Check ‘n Go is an excellent choice regardless of your needs. You can complete their straightforward application process in less than 15 minutes — this applies to both in-store and online loans. Customers who need instant access to funds will almost definitely choose in-store loans. Online payday loans in Utah come with a longer repayment term, making them better for borrowers that need more time to reimburse their loans. Their customer support certainly deserves a mention, as many reviews sing praise about them.

Check into Cash

Check into Cash is a business leader with over twenty years of experience in their niche, which places them among the best payday loans Utah has to offer to residents. Their loans, however, are online only. As a co-founder of CFSA (Community Financial Services Association of America), they are dedicated to championing the best lending practices. The Utah Department of Financial Institutions has extended Check into Cash’s license until 2021.

Pros

Cons

Lending Offer Overview

Check into Cash is allegedly the founding father of payday loans in the US. Utah payday loans online are available on this lender’s menu too, and this is what they have to offer — the loan term goes from 13 to 30 days, while the APR ranges between 304% and 651%. Check into Cash offers loans from $100 to $1,500, and they come in $25 increments. Customers will need to pay an ample $25 fee per $100 advanced. Rollovers are allowed in Utah, making it possible to extend a loan for up to 10 weeks. Keep in mind that you’ll need to pay additional fees every time you decide to do so. Once the loan is due, the funds will be automatically debited from your account.

Other Features

Borrowers who seek convenient and readily available payday loans in Utah should look no further. Check into Cash offers excellent online payday cash advances, and this small cash injection could be only minutes away. Applying for a loan is simple, and you’ll only need a few basic things to get started. This company has developed an app for all of you smartphone aficionados out there, allowing easy on-the-go access to funds. For any additional inquiries, feel free to contact their expert customer support.

Advance America

Advance America has only two brick-and-mortar stores making them the least accessible lender in the state. Furthermore, their offer doesn’t include online payday loans in Utah. Lower-than-average fees are what gives them a competitive edge. Advance America is licensed by the Utah Department of Financial Institutions.

Pros

Cons

Lending Offer Overview

Advance America has been servicing Utahns since 2007, and they’ve established themselves well in the state. They offer in-store payday loans with no credit check in Utah. Customers can choose to apply on the spot or to do so online. The loan term can extend up to 30 days. Advance America allows up to 3 rollovers, increasing the loan length to 10 weeks at the very most  Conversely, the minimum loan duration isn’t clearly defined. Their clients can choose an amount between $100 and $1,000, with an accompanying fee of $18.50 per $100 increment. Unsurprisingly, the APR depends on the loan’s length — it ranges from 225% to 482%. Borrowers can repay the principal amount (plus fees) before the due date in the store where the loan originated.

Other Features

Advance America doesn’t offer online payday loans with no credit check in Utah, however, customers can still apply online. On the other hand, if you require assistance, the in-store application is on the table as well. Regardless of your choice, the entire process shouldn’t take more than 15 minutes. Their support team is indeed on the next level, showcasing utmost devotion to their customers. Advance America loves helping those in need, which they do through their “giving back” program. They assist both local foundations and national charities.

Check City

Out of all the payday lenders in Utah, Check City is the most readily available one. They operate 33 storefronts state-wide, making access to their excellent payday loans in Utah a piece of cake. Check City has been a state-licensed lender since 1994.

Pros

Cons

Lending Offer Overview

If you’re ever in need of a short-term loan, then Check City is an excellent place to start. Their offer is among the best in business, and this is what you can expect. The loan term is up to 30 days and can be extended up to 10 weeks. Customer caution is advised, as such extensions also incur additional fees. This might be a bit unusual, but this lender doesn’t have a cap on the loan amount. The minimum loan is $100, and the sky’s the limit for the payday loans Utah has to offer with this vendor. They meanwhile come with a $17.80 fee per every $100 borrowed, while the APR stands at 464% for a 14-day loan. Once the loan reaches maturity, the principal amount (with fees added) will be electronically withdrawn from your checking account.

Other Features

Before obtaining a loan, you must fill out an application form in-store or online. It doesn’t take long, and you’ll receive a decision in a matter of minutes. Customers who apply in person will get the funds on the spot, while online applicants have to wait one business day. Check City offers excellent repayment options in the Beehive State. This vendor’s Utah payday loans can be repaid in several installments once every 12 months. This brand runs a blog, which can help all the clients who seek basic financial education.

Cash Central

Cash Central is a state-licensed lender that offers online payday loans. They have decades’ worth of experience since this brand pioneered online lending in the US. The Utah Department of Financial Institutions has renewed their license through 2021.

Pros

Cons

Lending Offer Overview

Cash Central is among the best lenders in the industry, and this is what the company has in store. Its Utah online payday loans have a term of between 4 and 30 days, and the APR depends on the loan’s duration (328% to 703%). The only downside of their loans is the hefty fees that customers have to pay. It is a well above average $27 per $100 borrowed. Cash Central offers loans of between $100 and $800, or slightly lower than the state’s standard. Utah’s state laws allow customers to extend a loan up to 10 weeks which implies additional fees as well. There are several repayment options, with the two most common being the automatic withdrawal from the checking account or your debit card.

Other Features

This lender provides convenient online payday loans in Utah for customers with bad credit scores. To obtain a loan, borrowers need to submit an online application. The process is clear-cut, and it shouldn’t consume much of your time. Cash Central has lightning-fast approval times, hence you won’t have to wait longer than 5 minutes for their decision. Customers who cannot make their payments once the loan reaches maturity will be offered an extended payment plan. Keep in mind, however, that option is available only once per 12-month period. 

Utah Payday Loans Statistics

These statistics, which are courtesy of the Utah Department of Financial Institutions, give a pretty good overview of the state’s lending scene.

 

Year Number of Lenders Average Loan Amount Average APR Number of Loans Value in Millions
2015 92 $373 481.77% 53,777 $21.4
2016 79 $360 459.14% 49,187 $20.7
2017 82 $406 484.76% 53,293 $18.6
2018 73 $378 529.69% 43,664 $19.2
2019 48 $388 522.56% 25,487 $11.3
2020 46 $382 554.22% 19,297 $7.7

 

FAQ

Are online payday loans legal in Utah?

Yes, getting payday loans online in Utah is legal. That said, to be on the safe side, customers should always check if the lender is licensed.

How many payday loans can you have in Utah?

Utahns can have an unlimited number of outstanding payday loans. Still, one should always borrow within one’s means.

Conclusion

The lending industry seems to be alive and kicking in the Beehive State. Despite the myriad of payday loans Utah has to offer as a result, however, the ones on our list are indeed above and beyond the competition. We’re optimistic that you won’t go wrong with any of these top payday lending companies. The choice is yours.

Remember to always borrow responsibly and never take out more cash than you can reasonably pay back.

Your BalancingEverything Team

References:

Check ‘n Go

Check into Cash

Advance America

Check City

Cash Central

Utah State Laws

NMLSconsumeraccess

UtahStatePage