Online Payday Loans Utah

Secure quick cash with online payday loans in Utah through zaving's hassle-free online application process.

Last updated by Zaving Editorial Team, on April 16th, 2024

In Utah, zaving provides online payday loans with a straightforward application process. Access quick funds and manage unexpected expenses effortlessly. Begin your financial journey with zaving!

What are online payday loans and can I get them in Utah?

Online payday loans are a type of short-term borrowing where the entire loan process, from application to funding, is conducted online. In Utah, online payday loans are legal, and borrowers can access them through various online lenders. Commonly known as ‘deferred deposit loans’ in the state, these loans offer convenience and accessibility, allowing borrowers to apply for funds from the comfort of their homes or on the go. With online payday loans, borrowers can typically complete the application process quickly, receive approval within minutes, and have the funds deposited directly into their bank accounts within one business day.

However, it's essential for borrowers in Utah to exercise caution when considering online payday loans due to the potential risks involved. Online payday loans often come with high fees and interest rates, which can add up quickly, making them an expensive form of borrowing. Additionally, some online lenders may engage in predatory practices, targeting individuals with poor credit or financial difficulties and trapping them in a cycle of debt.

Before applying for an online payday loan in Utah, borrowers should carefully review the terms and conditions of the loan, including the interest rates, fees, and repayment terms. It's crucial to ensure that the loan is affordable and that repayment is manageable within the specified timeframe. Borrowers should also research and compare multiple lenders to find the best possible terms and avoid falling victim to predatory lending practices. Additionally, exploring alternative financing options, such as personal loans from banks or credit unions, may provide more favorable terms and lower costs compared to online payday loans.

What are the rules for payday loans in Utah?

In Utah, payday loans are regulated by specific guidelines, albeit with relatively lax restrictions compared to other states.

Here are the rules governing payday loans in Utah:

  • Interest rate (APR): Not specified. However, the average APR in the state exceeds 600%.
  • Minimum loan amount: Not specified.
  • Maximum loan amount: There is no upper limit on the loan amount.
  • Minimum loan term: Not specified.
  • Maximum loan term: The maximum loan term is 70 days, which is equivalent to 10 weeks.
  • Number of rollovers: Rollovers are allowed, but they must not extend beyond 10 weeks or 70 days. However, a deferred deposit lender cannot roll over a loan without the borrower's explicit request.
  • Maximum finance rate and fees: There are no restrictions on financing fees, charges, or the total APR.

Borrowers should meticulously scrutinize their loan agreements to comprehend the total repayment obligations. Due to the absence of limitations on financing fees and charges, borrowers must exercise caution to avoid excessive expenses. While rollovers are an option, borrowers should be wary of potential debt traps. Understanding the terms and conditions of payday loans in Utah is essential for borrowers to make informed decisions.

What are the pros and cons of online payday loans in Utah?

When considering online payday loans in Utah, it's essential to weigh their advantages and disadvantages carefully.


  • Convenience: Online payday loans offer the convenience of applying from the comfort of your own home or anywhere with internet access, eliminating the need to visit physical storefronts.

  • Quick access to funds: The online application process is typically quick and straightforward, allowing borrowers to receive funds in their bank accounts rapidly, sometimes within the same business day.

  • Wide availability: Numerous online lenders operate in Utah, providing borrowers with a variety of options to choose from, potentially increasing the chances of finding a loan that meets their needs.

  • Privacy: Online payday loan applications can be completed discreetly, without the need for face-to-face interactions, offering a level of privacy that some borrowers may prefer.


  • Higher risk of fraud: Online payday loan scams are prevalent, and borrowers must exercise caution to avoid falling victim to fraudulent lenders who may misuse personal and financial information or charge excessive fees.

  • Limited regulation: Online payday lenders may operate across state lines, making it challenging to enforce state regulations effectively. Consequently, borrowers may be subject to less stringent consumer protections compared to loans obtained from licensed lenders.

  • Potential for predatory lending: Some online payday lenders may engage in predatory practices, such as offering loans with exceptionally high interest rates or fees, targeting vulnerable borrowers who may struggle to repay the loan.

  • Difficulty in resolving disputes: If issues arise with an online payday lender, such as unauthorized withdrawals or unfair lending practices, resolving disputes may be more challenging than with local storefront lenders, as online lenders may be located out of state or overseas.

More of your frequently asked questions about payday loans in Utah

Can I take out multiple payday loans in Utah?

Yes, individuals in Utah can usually obtain multiple payday loans concurrently. The state's regulations do not impose restrictions on the number of payday loans a person can have at any given time. However, borrowers should exercise caution when considering multiple loans, as this can escalate their debt levels and potentially lead to a cycle of indebtedness. It's essential for borrowers to carefully assess their ability to repay all loans promptly to avoid accruing additional fees and penalties.

What happens if I can't repay my payday loan in Utah?

Utah law provides some protections for borrowers encountering repayment difficulties. Once every 12 months, you have the option to enter a 60-day repayment plan, during which you must pay back the outstanding loan amount in four equal installments. Lenders cannot charge an additional fee for this arrangement, but if you default on the repayment plan, a $20 fee may be applied. Although payday lenders can't pursue criminal action, they can seek judgment for the loan amount, interest, attorney's fees, and court costs if you default. Therefore, if you're unable to repay your payday loan in Utah, it's essential to take action promptly and contact your lender to discuss your situation.

Can I get a payday loan in Utah with bad credit?

Yes, individuals with bad credit can potentially qualify for a payday loan in Utah. Payday lenders typically focus less on credit scores and more on the borrower's ability to repay the loan based on their income. Therefore, as long as you have a steady source of income, such as employment or regular benefits, you may still be eligible for a payday loan regardless of your credit score. However, it's essential to note that payday loans in the state can come with extremely high-interest rates and fees, so borrowers should carefully consider their ability to repay the loan on time before proceeding.

What are some alternatives to payday loans in Utah?

In Utah, individuals seeking alternatives to payday loans can explore various options. Credit unions often offer small-dollar loans with better terms, including lower interest rates and longer repayment periods. Banks and online lenders may provide personal installment loans, allowing borrowers to repay over an extended timeframe. Nonprofit credit counseling services offer financial advice and may assist with debt management plans. Local community organizations and government agencies also provide emergency assistance programs for those in need. Lastly, borrowing from family or friends could provide a flexible and affordable solution, but clear terms and repayment plans are crucial to maintain healthy relationships.