Salt Lake City Short-term Loan in 2025

Common Capital is a Help Organization dedicated to providing the public with comprehensive, accurate, and accessible online information about payday loans in Utah.

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Utah Salt Lake City

Eligibility Criteria for Personal Loans

  • Must be a registered member of our NGO with an active membership status.
  • Proof of identity such as a national ID card, passport, or driver's license.
  • Provide documentation of financial need, including recent pay stubs or bank statements.
  • Submit a written application detailing the purpose of the cash advance.
  • Recipients must be above 18 years of age.
  • A valid bank account for payment disbursement.
  • Immediate availability for a brief interview to discuss the application.

Trusted Short-term Loan Lenders in Salt Lake City, UT

Discover reliable and transparent payday loan lenders committed to responsible lending practices, ensuring you access financial assistance with confidence and peace of mind. Explore our vetted and trusted partners today.

Lender
User Ratings
Address
Phone
Category
1st Choice Money Center
User Raiting:
5.00
Address: 4071 W 5415 S, Salt Lake City, UT 84118
Phone: +1 (801) 968-1577
Category: Loan agency
1st Choice Money Center
User Raiting:
5.00
Address: 1244 S Redwood Rd, Salt Lake City, UT 84104
Phone: +1 (801) 886-1888
Category: Loan agency
1st Choice Money Center
User Raiting:
5.00
Address: 880 W 200 N, Salt Lake City, UT 84116
Phone: +1 (801) 521-0425
Category: Loan agency
Federal Student Loan Relief Center
User Raiting:
5.00
Address: 4548 Atherton Dr #240, Salt Lake City, UT 84123
Phone: +1 (801) 642-4606
Category: Loan agency
Smart Loans Financial LLC
User Raiting:
5.00
Address: 545 W 3900 S suite d, Salt Lake City, UT 84123
Phone: +1 (385) 355-9957
Category: Loan agency
Fast Bucks
User Raiting:
5.00
Address: 4083 S Redwood Rd, Salt Lake City, UT 84123
Phone: +1 (801) 973-4265
Category: Loan agency
1st Choice Money Center
User Raiting:
4.90
Address: 1423 S 300 W A, Salt Lake City, UT 84115
Phone: +1 (801) 487-4121
Category: Loan agency
World Finance
User Raiting:
4.90
Address: 350 E 200 S, Salt Lake City, UT 84111
Phone: +1 (385) 955-3481
Category: Loan agency
1st Choice Money Center
User Raiting:
4.80
Address: 1740 W 700 N, Salt Lake City, UT 84116
Phone: +1 (801) 532-2721
Category: Loan agency
Check `n Go
User Raiting:
4.80
Address: 5443 S Redwood Rd Ste D, Salt Lake City, UT 84123
Phone: +1 (801) 685-2323
Category: Loan agency
Dollar Loan Center
User Raiting:
4.50
Address: 130 W 2100 S Expy, Salt Lake City, UT 84115
Phone: +1 (801) 983-8939
Category: Loan agency
Utah Microloan Fund
User Raiting:
4.30
Address: 154 E Ford Ave Ste A, Salt Lake City, UT 84115
Phone: +1 (801) 746-1180
Category: Loan agency
Discover Financial Services 2500 Lake Park Blvd, Salt Lake City, UT 84120
User Raiting:
4.10
Address: 2500 Lake Park Blvd, Salt Lake City, UT 84120
Phone: +1 (801) 902-4494
Category: Financial institution
Security Finance
User Raiting:
3.40
Address: 1625 W 700 N STE C, Salt Lake City, UT 84116
Phone: +1 (801) 328-9683
Category: Loan agency
Goldman Sachs
User Raiting:
3.30
Address: 222 S Main St, Salt Lake City, UT 84101
Phone: +1 (801) 884-1000
Category: Financial institution
Latino Cash Center
User Raiting:
3.30
Address: 3898 W 5535 S # 6, Salt Lake City, UT 84129
Phone: +1 (801) 967-3125
Category: Loan agency
Utah Department Of Financial Institutions
User Raiting:
3.00
Address: 324 State St #201, Salt Lake City, UT 84111
Phone: +1 (801) 538-8830
Category: Financial institution
FastBucks
User Raiting:
2.00
Address: 1156 600 N, Salt Lake City, UT 84116
Phone: +1 (801) 363-9900
Category: Loan agency
Goldman Sachs
User Raiting:
1.80
Address: 111 S Main St, Salt Lake City, UT 84111
Phone: +1 (801) 884-1025
Category: Financial institution
King of Kash
User Raiting:
1.00
Address: 50 W Broadway #300, Salt Lake City, UT 84101
Phone: +1 (801) 606-2000
Category: Loan agency

What Are the Alternatives for Short-term Loans in Salt Lake City?

Explore sustainable, cost-effective solutions to payday loans, including credit unions, personal loans, and community resources, offering financial stability without the burden of exorbitant interest rates.

Installment Loans Quick

Installment loans are structured personal loans repaid through regular monthly payments. Quick approval processes make them accessible to those seeking predictable repayment schedules.

Fast Cash Loans

Fast cash loans are short-term financial solutions offering immediate funds, useful for urgent expenses. They provide swift access to money without lengthy application processes.

Instant Title Loans

Instant title loans involve using a vehicle as collateral, securing funds rapidly. The loan amount typically depends on the vehicle's value.

Emergency Loan no credit check

Emergency loans no credit check provide funds during unforeseen financial crises. They often don't require a strict credit evaluation, simplifying the approval process.

Payday Loans Online Guaranteed

Payday loans online guaranteed offer short-term loans accessible through digital platforms, providing fast financial relief with guaranteed approval for eligible borrowers.

P2P Loans Online

P2P loans online connect individual borrowers directly with investors through a digital platform, offering an alternative lending option without traditional banking institutions.

Debt Consolidation Loans Guaranteed

Debt consolidation loans guaranteed allow borrowers to combine multiple debts into one manageable payment, simplifying management and often lowering monthly payments.

Bad Credit Loans Instant

Bad credit loans instant are designed for individuals with poor credit scores, providing instant financial assistance without extensive credit scrutiny.

How to Apply for Online Short-term Loans in Salt Lake City

Research Lenders

Before applying for an online payday loan, start by researching various lenders to ensure you choose a reputable one. Look for reviews, ratings, and customer feedback to understand different lenders' reliability and trustworthiness. Pay attention to the interest rates, terms, and fees associated with each lender. Conducting thorough research will help you avoid predatory lenders and ensure you find a loan that best suits your financial situation. Make sure the lender is licensed to operate in your state or region.

Understand Loan Terms

Once you’ve identified potential lenders, take time to carefully read and understand the terms and conditions of the loan. Familiarize yourself with the interest rates, repayment schedules, and any associated fees or penalties for late payments. Being fully aware of the loan's terms will help you make an informed decision and prevent unexpected surprises that could lead to financial difficulties. If you have any questions or concerns, don’t hesitate to contact the lender for clarification before proceeding.

Gather Required Documents

Before beginning the application process, gather the necessary documents to expedite the approval process. Typically, you'll need proof of identity, income verification, bank statements, and employment details. Make sure these documents are up-to-date and readily accessible. Having all required documents on hand will streamline the application process and potentially reduce the time it takes for approval. Being organized demonstrates responsibility, which can be beneficial in securing a loan offer.

Complete the Application

Fill out the online application form provided by your chosen lender with accurate and complete information. Provide your personal details, employment information, and financial status as required. Double-check the information you provide to ensure its accuracy to avoid any processing delays or potential rejection. Once you've submitted the application, you should receive confirmation that it has been received. Most online applications are straightforward, allowing for a smoother process compared to traditional loan applications.

Review the Loan Offer

After submission, you'll receive a loan offer outlining the terms, interest rates, and repayment schedule. Carefully review this offer to ensure it aligns with your financial needs and capabilities. Consider whether the loan terms realistically fit your budget and repayment ability. If everything meets your expectations, accept the offer. If you find any discrepancies or if the terms are unfavorable, don’t hesitate to inquire further or explore other lender options before making your final decision.

Receive Funds

Once you’ve accepted the loan offer, follow the lender’s instructions to finalize the process, often requiring a digital signature. After completion, the funds are typically transferred directly into your designated bank account. This process can vary from a few minutes to a couple of days, depending on the lender’s procedures. Ensure you know when payments are due and commit to timely repayments to avoid late fees. Managing the loan responsibly is essential to maintain your financial health.

How to Use Short-term Loans - Useful Resources

Discover valuable resources on effectively utilizing personal loans. Gain insights into managing short-term financial needs responsibly with our comprehensive guide tailored for informed decision-making.

Industry
Address
Phone
American Restaurant
Address: 1701 West North Temple, Salt Lake City, UT 84116
Phone: +1 (801) 531-6901
Car Repair and Service
Address: 600 North 3700 West, Salt Lake City, UT 84116
Phone: +1 (801) 324-3441
Club & Association
Address: 716 East 4500 South, Salt Lake City, UT 84107
Phone: +1 (801) 281-1369
College/University
Address: 434 Greenpine Drive, Salt Lake City, UT 84123
Phone: +1 (385) 388-8420
Community Center
Address: 1635 Murray Holladay Road, Salt Lake City, UT 84117
Phone: +1 (385) 468-3130
Dentist
Address: 2120 South 700 East, Salt Lake City, UT 84106
Phone: +1 (801) 396-9321
Fitness Club & Center
Address: 715 East 3900 South, Salt Lake City, UT 84107
Phone: +1 (801) 265-3400
Government Office
Address: 239 South Main Street, Salt Lake City, UT 84111
Phone: +1 (801) 535-6110
Hospital
Address: 82 South 1100 East, Salt Lake City, UT 84102
Phone: +1 (801) 533-2002
Hotel
Address: 170 South West Temple, Salt Lake City, UT 84101
-
Movie Theater
Address: 210 East 400 South, Salt Lake City, UT 84111
Phone: +1 (801) 746-7600
Museum
Address: 922 East 700 South, Salt Lake City, UT 84102
Phone: +1 (801) 596-5014
Pharmacy
Address: 320 Wakara Way, Salt Lake City, UT 84108
Phone: +1 (801) 582-0753
Post Office
Address: 4956 West 6200 South, Salt Lake City, UT 84118
Phone: +1 (801) 966-3690
Rent-a-Car Facility
Address: 303 North 2370 West, Salt Lake City, UT 84116
Phone: +1 (801) 736-4689

How to Get to Salt Lake City

Complaints about Short-Term Loans in Utah

Issue Type
Amount of Complaints
Charged fees or interest you didn't expect
50
Struggling to pay your loan
34
Problem when making payments
33
Problem with the payoff process at the end of the loan
30
Getting a line of credit
19
Getting the loan
19
Incorrect information on your report
15
Received a loan you didn't apply for
10
Can't contact lender
9
Can't stop withdrawals from your bank account
6
The data is taken from consumer complaint database created by Consumer Financial Protection Bureau

Submit a Complaint for a Short-term lender in Salt Lake City

If you need to submit a complaint against a payday lender in Utah, the primary regulatory body is the Utah Department of Financial Institutions. They ensure compliance with state laws governing payday loans. You can reach them at:

  • Utah Department of Financial Institutions, 324 South State Street, Suite 201, Salt Lake City, UT 84111
  • (801) 538-8830
Submit a Complaint

Frequently Asked Questions about Short-term Loans

How Do Payday Loans Differ from Traditional Loans?

Payday loans are designed for short-term, quick access to funds, typically due on your next payday. Unlike traditional loans, which may require a lengthy application process and credit check, payday loans provide a faster, more accessible option, especially for those with bad credit history.

What Are the Typical Requirements to Apply for a Payday Loan?

Generally, to qualify for a payday loan, you'll need to be at least 18 years old, have a valid identification, a steady source of income, and an active checking account. Lenders typically do not require a credit check, making it easier for individuals with bad credit to apply.

How Can Payday Loans Provide Assistance During Emergencies?

Payday loans serve as a lifeline during financial emergencies when you require instant access to cash. Whether it's an unexpected medical bill or essential car repairs, these loans offer a quick solution to address urgent financial needs.

Are Payday Loans Available for Individuals with Bad Credit?

Yes, payday loans are often available for individuals with bad credit since they are primarily based on your income and ability to repay, rather than your credit score. This makes them a viable option for those who might not qualify for traditional personal loans.

What Is the Process for Obtaining a Payday Loan Online?

Applying for a payday loan online is simple and fast. You fill out an application on the lender’s website, submit the necessary documents, and upon approval, you receive a cash advance in your bank account, often within 24 hours.

What Fees Are Associated with Payday Loans?

Payday loans often come with higher fees compared to other loan types, due to their short-term nature and lack of credit checks. It's crucial to review the lending terms and ensure you understand the total repayment amount, including any related fees.

How Quickly Can I Receive Funds from a Payday Loan?

One of the primary features of payday loans is the speed of funding. Once approved, you can often receive your funds within a few hours or by the next business day, providing fast loans to cover immediate financial obligations.

Can Payday Loans Be Extended or Renewed?

While some lenders may offer the option to extend or renew your payday loan, doing so often incurs additional fees and interest. It's advisable to fully repay your loan by the due date to avoid increasing your debt.

What Amount Can I Typically Borrow with a Payday Loan?

The amount available to borrow through payday loans can vary but typically ranges from $100 to $1,500, depending on the lender and your income. These loans are intended for small amounts to meet immediate financial needs.

How Can I Safely Choose a Payday Loan Provider?

Research reputable lenders by checking online reviews, verifying their licensing, and reviewing their terms and conditions. Ensure they adhere to local regulations and clearly explain all fees and repayment terms to avoid unexpected costs.

How Do I Repay a Payday Loan?

Repayment of a payday loan is usually done through an automatic debit from your checking account on the due date, typically aligned with your payday. Ensure sufficient funds are available to avoid overdraft fees or additional penalties.