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 Salt Lake City, Utah
Utah payday loan rules that apply in Salt Lake City
- 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.
Salt Lake City at a glance
| Metric | Salt Lake City | Utah | United States |
|---|---|---|---|
| Population | 502,532 | 3.3M | 332.3M |
| Median household income | $87,866 | $95,410 | $85,275 |
| Median rent | $1,474/mo | $1,489/mo | $1,432/mo |
| Income spent on rent | 28.3% | 27.9% | 31.6% |
| Homeownership | 60.8% | 71.9% | 65.4% |
| Poverty rate | 10.3% | 8.7% | 12.6% |
| Unemployment rate | 3.9% | 3.4% | 5.3% |
| Without health insurance | 10.6% | 8.6% | 8.6% |
| Veterans | 4.2% | 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 Salt Lake City
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 Salt Lake City
- 2.2%
Estimate only. APR = fee ÷ amount × 365 ÷ term. Lenders may charge less than the state maximum; actual terms vary.
What a payday loan costs in Salt Lake City
- Fee on a $500 loan
- $75
- Share of a two-week household paycheck
- 2.2%
- Hours of work at the local median wage
- 3.5 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.
Salt Lake City in context
- Population rank in Utah
- 1st
- of 19 Utah cities with 50,000+ residents
- Median household income rank
- 12th
- of 19 Utah cities with 50,000+ residents
- Households earning under $25,000
- 11.8%
- ▲ 2.7 pts vs UT
- Median home value
- $501,205
- ▲ 6% vs UT
- Home value to income
- 5.7×
- A $400 emergency expense
- 1.7 days
- of median household income
Payday loan stores in Salt Lake City, UT
Licensed storefront lenders in Salt Lake City 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 |
|---|---|---|---|
| 1296 E 3300 S Salt Lake City, UT 84106 | (801) 456-2358 | — | 4.6 |
| 2120 S State St Salt Lake City, UT 84115 | (801) 484-2424 | — | 4.5 |
| 2311 E 3300 S Holladay, UT 84109 | (801) 486-2020 | — | 4.6 |
| 2490 W 4700 S Taylorsville, UT 84129 | (801) 964-9700 | — | 4.7 |
| 5575 S Redwood Rd Taylorsville, UT 84123 | (801) 327-9030 | — | 4.7 |
| 6975 S Highland Dr Cottonwood Heights, UT 84121 | (801) 424-6200 | — | 4.9 |
| 98 E 4500 S Murray, UT 84107 | (801) 747-7135 | — | 4.6 |
| 1645 W 700 N K Salt Lake City, UT 84116 | (801) 364-7977 | — | 4.8 |
| 5443 S Redwood Rd D Taylorsville, UT 84123 | (801) 685-2323 | — | 4.7 |
| 757 E 3300 S Millcreek, UT 84106 | (801) 463-7774 | — | 4.8 |
| 1108 E 3300 S Salt Lake City, UT 84106 | (801) 478-9982 | — | 4.9 |
| 6630 S State St Murray, UT 84107 | (385) 282-4706 | — | 4.9 |
| 935 W North Temple St Salt Lake City, UT 84116 | (801) 355-0288 | — | 4.9 |
| 130 W 2100 S Expy Salt Lake City, UT 84115 | (801) 983-8939 | — | 4.5 |
| 6034 S 900 E Murray, UT 84121 | (801) 363-5626 | — | 4.6 |
| 237 W 2100 S Expy South Salt Lake, UT 84115 | (801) 467-4223 | — | 4.3 |
| 5672 S Redwood Rd Salt Lake City, UT 84123 | (801) 963-8599 | — | 3.1 |
| 1625 W 700 N STE C Salt Lake City, UT 84116 | (801) 328-9683 | — | 4.7 |
| 1899 W 4700 S B4 Taylorsville, UT 84129 | (801) 964-6323 | — | 4.9 |
| 3315 State St South Salt Lake, UT 84115 | (385) 474-2229 | — | 4.5 |
Fast & secure payday loans in Salt Lake City, Utah
Unexpected expenses can happen anytime. If you need urgent cash in Salt Lake City, 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 Salt Lake City 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 Salt Lake City 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.
Salt Lake City payday loan FAQ
How much cash can I borrow in Salt Lake City?
Loan amounts in Salt Lake City 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 Salt Lake City 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 Salt Lake City 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 Salt Lake City?
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 Salt Lake City residents?
To qualify, you must:
- Be at least 18 years old.
- Live in Salt Lake City or the surrounding Utah area.
- Have an active checking account in your name.
- Provide proof of consistent monthly income (employment, benefits or recurring deposits).