Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Payday loans in Orem, Utah
Utah payday loan rules that apply in Orem
- Max loan amount
- No state limit
- Min loan term
- N/A
- Max loan term
- 10 weeks
- Finance charge cap
- No state limit
- Max absolute fee
- N/A
- Typical APR
- ~652%+
- Rollovers (extensions)
- Up to 10 weeks
- Simultaneous loans
- No state limit
- Right to rescind
- Next business day
- Governing law
- Utah Deferred Deposit Lending Reg. Act
- Regulator
- UT Dept of Fin. Inst.
Orem at a glance
| Metric | Orem | Utah | United States |
|---|---|---|---|
| Population | 94,350 | 3.3M | 332.3M |
| Median household income | $80,913 | $95,410 | $85,275 |
| Median rent | $1,405/mo | $1,489/mo | $1,432/mo |
| Income spent on rent | 28.1% | 27.9% | 31.6% |
| Homeownership | 57.4% | 71.9% | 65.4% |
| Poverty rate | 10.3% | 8.7% | 12.6% |
| Unemployment rate | 3.9% | 3.4% | 5.3% |
| Without health insurance | 11.5% | 8.6% | 8.6% |
| Veterans | 3.1% | 4.8% | 6.5% |
Source: U.S. Census Bureau, American Community Survey, by ZIP code. City and state figures are population-weighted averages of ZIP code data and are approximate.
Payday loan cost calculator for Orem
Move the sliders to see what a payday loan would cost under Utah rules and how it compares with local incomes.
Example range up to $1,000
Utah sets no fixed fee; $15 is typical
- Fee
- $75
- Total to repay
- $575
- APR
- 391%
- Total fees with rollovers
- $75
- Share of a two-week household paycheck in Orem
- 2.4%
Estimate only. APR = fee ÷ amount × 365 ÷ term. Lenders may charge less than the state maximum; actual terms vary.
What a payday loan costs in Orem
- Fee on a $500 loan
- $75
- Share of a two-week household paycheck
- 2.4%
- Hours of work at the local median wage
- 4.9 hours
Utah sets no fixed fee in dollars, so this example uses a typical fee of $15 per $100 on a $500 loan and local median incomes: two-week paycheck = household income ÷ 26, hourly wage = individual income ÷ 2,080. Actual terms vary by lender.
Orem in context
- Population rank in Utah
- 8th
- of 19 Utah cities with 50,000+ residents
- Median household income rank
- 15th
- of 19 Utah cities with 50,000+ residents
- Households earning under $25,000
- 9.9%
- ▲ 0.9 pts vs UT
- Median home value
- $440,358
- ▼ 7% vs UT
- Home value to income
- 5.4×
- A $400 emergency expense
- 1.8 days
- of median household income
Payday loan stores in Orem, UT
Licensed storefront lenders in Orem with addresses, phone numbers and hours. We do not rank or recommend any lender; confirm each company's license with the UT Dept of Fin. Inst. before you borrow.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 15 S State St Orem, UT 84058 | (801) 221-9090 | — | 4.3 |
| 178 W Center St Orem, UT 84057 | (801) 226-6186 | — | 3.5 |
| 99 S State St Orem, UT 84058 | (801) 434-7146 | — | 4.9 |
Fast & secure payday loans in Orem, Utah
Unexpected expenses can happen anytime. If you need urgent cash in Orem, our service connects you with trusted, state-licensed lenders.
Apply online from the comfort of your home, get a fast decision and, if approved, receive funds in your bank account as soon as the next business day.
Why Orem residents use us
- Fast 5-minute request A simple online application, with no waiting in line at a storefront.
- Bad credit considered Lenders focus on your steady income, not just your credit history.
- Loans within Utah limits Loan terms must comply with the Utah Deferred Deposit Lending Reg. Act.
- Safe & confidential Your personal and financial details are sent over an encrypted connection.
Notice for Orem residents: Payday loans are designed for short-term emergency needs and should not be used as a long-term debt solution. Interest rates, fees and maximum loan amounts are governed by Utah law (Utah Deferred Deposit Lending Reg. Act). Always review the contract terms carefully before signing.
Orem payday loan FAQ
How much cash can I borrow in Orem?
Loan amounts in Orem are typically from $100 up to the Utah limit (No state limit), in line with Utah lending law. Your exact approved amount depends on your verifiable income, existing debt and the lender’s evaluation.
Do I need to visit a storefront in Orem to apply?
No. The whole process is handled securely online, so you don’t need to wait in line at a local check-cashing store or branch. If approved, your funds are deposited directly into your bank account by ACH transfer.
Can I qualify for a payday loan in Orem with poor credit?
Possibly. A traditional FICO score is not the only factor. Lenders in our network mainly look at whether you have a steady, recurring income and an active checking account to handle repayment. Approval is not guaranteed.
How quickly will I receive my funds in Orem?
Many applicants get a decision within minutes. Once you review and e-sign your agreement, lenders typically release the cash the same day or the next business day, depending on your bank’s transfer cutoff times.
What are the minimum requirements for Orem residents?
To qualify, you must:
- Be at least 18 years old.
- Live in Orem or the surrounding Utah area.
- Have an active checking account in your name.
- Provide proof of consistent monthly income (employment, benefits or recurring deposits).