Payday Loans in Utah

Yes, payday loans are legal in Utah, online and in stores, from lenders registered with DFI. There's no cap on the fee, but no loan can be extended or charge interest past 10 weeks.

The Price of a Utah Payday Loan, From DFI's Figures

Each Utah lender sets its own fee and must post it in dollars and as an APR. The rates lenders reported to DFI ran from 16.57% to 1,642%. Here's what those rates mean in dollars:

Worked out at the APRs Utah lenders reported to DFI, since Utah law sets no cap. These aren't offers from lenders in our network; your rate can be lower or higher.

• The finance charge comes due again each time you extend. DFI suggests paying more than the charge when you do, to cut the principal.
• You can pay down the loan in amounts of $5 or more at any time without extra finance charges.
• A bounced check or payment costs no more than $20.

How Utah's 10-Week Clock Works

The clock starts the day the loan is made. Extensions are allowed until it runs out, and after 10 weeks no more interest can be charged. At the average APR, a $465 loan kept the full 10 weeks would cost about $418.31 in interest.

• No new loan on the day you pay one off if the two together would mean more than 10 straight weeks of interest.
• No new loan to pay off or refinance an old one if the combined interest would run past 10 weeks.
• No new interest-bearing loan in the 7 days before the 10-week period ends, a rule added in 2020.

DFI's 2026 report counted 4,442 loans, worth $2.87 million, that ran the full 10 weeks. Need longer? An installment loan is repaid monthly; see Utah loan options.

Can't Repay? Ask for the Interest-Free Plan

• When you can get it. Once every 12 months, or any time you've paid 10 weeks of interest on a loan.
• What it looks like. No interest, and at least 4 payments spread over at least 60 days.
• Calls at work. If the loan goes to collection, you or your employer can ask the lender or collector not to contact you at work.
• Notice before court. The lender must tell you by mail or email at least 30 days before suing, including that you can use a payment plan.

A lender can't threaten criminal charges over a bounced payment. In DFI's 2026 report, 3.30% of borrowers used a plan, and the average plan was $268.

Three Steps to a Utah Payday Loan Request

1. Have your ID, proof of income and bank account details ready. Expect a credit report pull if it's your first loan with that lender.
2. Submit one request through LendUp. Lenders in our network review it, and any offer shows the APR, payments and total cost before you sign.
3. Check the APR, the date your payment is due and your deadline to cancel: 5 p.m. the next business day.

Is an Online Payday Lender Registered in Utah?

DFI registers internet payday lenders as well as stores, so an online lender should show up in the same lookup.

1. Search NMLS Consumer Access by the lender's legal name or NMLS number.
2. Look for a Utah Deferred Deposit Lender Registration.
3. Match the name and address on the record to the website or store you're using.

A payday loan from a lender that must register and hasn't is void: it can't collect or keep any principal, interest or fees. DFI takes complaints only in writing: email [email protected], or send its complaint form by mail or fax to (801) 538-8894.

Common Questions

Official Sources

← Utah loan rules