Legal Status: Legal(Applies to check cashers only)
Citation: Utah Code Ann. 7-23-101 et seq.
Utah State Licensed Online Lenders:
CashCentral.com, CashNetUSA.com, CheckCity.com, ChecknGo.com, QLoot.com, SpeedyCash.com
Maximum Loan Amount:No Limit
Loan Term: May not exceed 10 weeks
Maximum Finance Rate and Fees:No usury limit
Finance Charge for 14-day $100 loan:No Limit
APR for 14-day $100 loan: No Limit
Collection Fees: Not Specified
Criminal Action: Not Specified
Regulator: Utah Department of Financial Institutions
Address: 324 South State Street, Suite 201 Salt Lake City UT 84111
Utah Department of Financial Institutions
Consumer Lending List
Deferred Deposit Lending
The table below will display a representation of different loans with an annual interest rate of 35%*. Interest rates are set after assessing each customer's credit worthiness through traditional credit checks.
|Borrowed Amount||Loan Period||Monthly Payments||Total Payable Amount|
* The interest rate displayed in the examples table above is only representative. Not all customers will be eligible for a loan with the lowest interest rate. The APR and loan amount is determined by several factors such as: credit history, employment history, even state law.