Payday Loans in Bluffdale, Utah

Incidents happen, and we usually find ourselves in a situation where we must cover some unexpected expenses. Consider applying for a payday loan in Bluffdale, UT, to see if you meet the requirements.

The loan request process is swift and straightforward. To be qualified, borrowers must satisfy a couple of simple requirements.

What is a Cash Advance Loan? What Can It Be Put Towards?

A cash advance loan is where the borrower will get a small amount of funds on a short-term contract. This is thought of as an unsecured personal loan due to the fact that no collateral is needed.

When unexpected financial needs come up, for example missed rent or utility expenditures, car fixes, medical or vet expenditures, and so on, individuals commonly seek out paycheck advance loans.

Payday Loan Requirements In Bluffdale, Utah

In Bluffdale, Utah, cash advance loan borrowers are required to meet a few criteria to be eligible for a loan.

The borrower is required to:

• Prove that they are a resident of Bluffdale, Utah
• Must be 18 years of age
• Have an income that they can provide proof of being at least $1,000/month
• Provide current contact information such as cell phone number and email address
• Provide their SSN

If a borrower does not meet the above criteria, they will automatically be denied a paycheck advance loan. Make sure you can provide the documents needed when applying for a loan.

Laws and Regulations Regarding Paycheck Advance Loans in Bluffdale, Utah

The State of Utah has deemed cash advance lending legal. Although, they have put forth the below rules and laws for the payday lending market:

• An individual lender can't extend a loan for more than $600. Borrowers may not possess greater than two outstanding loans from different lenders. There is no minimum loan amount.
• The minimum loan term is not set, the longest loan term length is 31 days. In Utah, borrowers may not rollover their loans.
• The fees and charges change for each loan lender. The service costs enacted by lenders on a loan are not considered interest. The service fees apply to every $100 borrowed and can vary between 11-15%.
• An interest rate is required to be mutually settled upon. APR can range up to 369%.

Will Cash Advance Lenders in Bluffdale, Utah, Complete Credit Checks? What If I Have Dismal/No Credit History At All?

Yes, the lenders we partner with will do a credit check on you, but, even if you possess no credit or bad credit, you may still be approved for a loan given that you can show that you are able to repay the loan. Lenders are usually unbothered by your credit history if you offer proof of income and a strategy to pay back the loan.

Lenders will perform a soft credit inquiry, which will have no impact on your credit score. This is only to get an idea of your credit history and general information.

A hard credit pull, alternatively, needs your explicit consent. These credit pulls are performed for a plethora of purposes, including mortgages, credit cards, and more.

You may still qualify for a payday loan with poor credit in Bluffdale, Utah, as long as you have proof of repayment.

Therefore, when you apply, whether it is in person or online, ensure that you have your income information available and any other documents proving that you can pay back the loan. The more evidence you have, the more likely you are to be approved.

When Will I Get My Cash in Bluffdale, Utah?

When you receive your funds truly relies on the lender as some lenders offer same-day payday advance loans, which means you will receive your paycheck advance loan on the same day you submit your application, as long as you receive an approval.

Most of the time, however, lenders will send the borrower their lump sum on the next business day. Businesses usually close for holidays and weekends. Because of this, if you submit your application on a Friday, you may not receive your money until Monday.

If you're looking for a same-day paycheck advance loan in Bluffdale, Utah, you will need to ensure you're applying by 10:30 am. Any and all same-day loans going out that day will be approved by that time. However, you should request a loan earlier than that if able, as it will boost the likelihood that you see your funds on the same day that you apply.

One additional consideration that you should understand is even if the lender grants your loan request and posts the credit to your checking account, sometimes the bank won't release that credit at that time. It's paramount that you let your bank know that you plan to receive a cash advance loan, so they might make an exception in releasing the loan earlier.

On the whole, it's wise to prepare ahead of time to receive money on the next business day. That way, you're not left in the lurch if you cannot receive it on the same day.

Think About Working With Us

If you have underwhelming credit or no credit and are needing to get a payday loan, think about applying with us, as you most likely have a better chance of approval.

We work with hundreds of different lenders who offer their services online. Often you will get your money on the next business day so ensure that you plan appropriately.

However, you can always find the nearest paycheck advance loan storefront to you and apply in person to increase the chances of seeing your cash on the same business day. When applying in person, make sure that you have your government ID or driver's license; a passport will work as well. Now and again, lenders may request proof of address, so bring a utility bill to the store as well.

To find the nearest cash advance loan storefront, please use the list below and search for your city.

Payday Loan Direct Lender Companies in Bluffdale, UT

Below you will find a list of payday loan companies offering their services in Bluffdale, Utah. If you can't find a lender near your location in Bluffdale, consider applying in a nearby city in Utah. Alternatively, you can apply online on our website and get a decision almost instantly.