Personal Cash Loans in Utah
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Store Locations:
St George
Store Hours
Monday | 9 AM–6:30 PM |
Tuesday | 9 AM–6 PM |
Wednesday | 9 AM–6 PM |
Thursday | 9 AM–6 PM |
Friday | 9 AM–6:30 PM |
Saturday | 9 AM–3 PM |
Sunday | Closed |
Location
2736 E. Red Cliffs Drive Suite 3
St. George UT 84790
See Our Different Types Loans
Line of Credit
- Prequalify for a certain amount of money.
- Borrow up to this amount as needed.
- Repay with simple interest in regular payments, similar to a credit card.
Installment Loans
- Access up to $5,000 (amounts vary by state).
- Repay over a period of time.
- Use for short-term emergencies like home or car repairs, medical or dental bills, or avoiding bank overdraft fees.
Minute Loan Center works harder to Say YES!
We offer both online and in-store personal loans in Utah to get you the funds you need.
MLC offers a variety of personal loans, including cash loans in Utah. There are minimal requirements for each, and you are more likely than not to qualify. We have an incredibly high approval rate of 97%, and you can receive a deposit within minutes of application.
Line of Credit
The primary reason for seeking a personal line of credit is to cover unforeseen expenses that do not typically feature in your budget. A line of credit improves your cash flow, ensuring that you and your Utah family have working capital to use whenever the need arises. Another advantage over a personal loan is that, if you run a business in Utah, having a personal line of credit is a way to keep your personal and business expenses separate for better financial assessment.
Like a credit card, a line of credit allows you to access funds when needed. The line of credit presets a borrowing limit for a specified period, say, a year, and during that time, you can take an advance against your credit line, pay down, and borrow more as you need it, up to your credit limit.
Interest Rates and Interest Charges | |
Annual Percentage Rate (APR) for Advances | For balances up to $5,000, between 179.00% and 701.5625%, depending on your creditworthiness. |
Paying Interest | We will begin charging interest on advances on the transaction date. |
Itemization of Charges – Revolving Credit as of XXXXXX #2, 20##
Fees | |
| Set-up and Maintenance Fees | |
| Account Set-Up Fee | $9.95 (one-time fee) |
| Annual Fee | $24.95 |
| Transaction Fees | |
| Advance Fee | Either 10% or $1 of each Advance, whichever is greater. |
| Penalty Fees | |
| Late Payment | $30 |
| Other Fees | |
| Credit Limit Increase Fee | $4.95 each time we agree, at your request, to increase the credit limit. |
| Paper Statement Delivery Fee | $9.95 for each paper statement we print and mail to you, if you cancel or withhold consent for us to prepare and deliver electronic statements. |
Interest Charges for Advances
Your Account is subject to Interest Charges (periodic rate Finance Charges). The Interest Charges for Advances are based on the Annual Percentage Rate(s) and corresponding Daily Periodic Rate(s) we include in your Account Opening Disclosures. We figure the Interest Charges on your Account by applying the Daily Periodic Rate to the “Daily Balance” of unpaid Advances in your Account for each day in the Billing Cycle
To get the “Daily Balance,” we take the beginning balance of your Account each day, add any new Advances, and subtract any unpaid Interest Charges, Fees, and Other Charges, and any payments or credits. This gives us the “Daily Balance.” Then, we multiply the Daily Balance for each day by the Daily Periodic Rate to obtain the “Daily Interest Charge” for the day, rounding the Daily Interest Charge to the nearest whole cent. At the end of each Billing Cycle, we add together the Daily Interest Charges for each day in the Billing Cycle to determine the total Interest Charges due for your Account during the Billing Cycle.
A personal line of credit can also be a smart way to consolidate your debt. In fact, this is the most popular reason to pursue a line of credit in Utah. You only need to use the amount you get to pay off other multiple loans and have only the line of credit to repay at a favorable rate. To start working on your debts today and/or a damaged credit score, take advantage of MLC’s line of credit loans in Utah.
Installment Loans
Minute Loan Center offers installment loans. These Utah cash loans extend credit of up to $1,000 with flexible repayment options for up to 9 months. MLC’s Utah installment loans carry a low fixed interest rate and the ability to obtain more frequent advances if needed. The loan is repaid in regular equal scheduled payments, called installments, each including a portion of the principal amount and the interest charged over the loan.
Installment loans are an especially useful resource for those in Utah who wish to:
- Consolidate other personal loans into one low and easy installment loan.
- Buy furniture, electronics, or appliances versus renting them.
- Assist with down payments for cars, boats, housing, or other substantial items.
- Assist with unexpected bills.
Installment Loan Fee Schedule as of February 21, 2024
| Amount Financed | # of Payments | Payment Frequency | Payment Amount | Final Payment Amount | Interest Total | Total Loan Amount | APR |
|---|---|---|---|---|---|---|---|
| $100.00 | 6 | Bi-Weekly | $26.79 | $26.82 | $60.77 | $160.77 | 403.47% |
| $700.00 | 6 | Bi-Weekly | $207.39 | $207.44 | $544.39 | $1,244.39 | 504.54% |
| $400.00 | 10 | Bi-Weekly | $83.66 | $83.87 | $436.81 | $836.81 | 423.66% |
| $800.00 | 10 | Bi-Weekly | $186.98 | $186.98 | $1,069.80 | $1,869.80 | 504.54% |
| $600.00 | 15 | Bi-Weekly | $113.06 | $113.22 | $1,096.06 | $1,696.06 | 443.88% |
| $1,000.00 | 15 | Bi-Weekly | $191.76 | $192.10 | $1,876.74 | $2,876.74 | 453.99% |
| $700.00 | 20 | Bi-Weekly | $124.84 | $125.26 | $1,797.22 | $2,497.22 | 443.88% |
| $1,000.00 | 20 | Bi-Weekly | $129.81 | $129.74 | $1,896.13 | $2,896.13 | 464.09% |
| $1,000.00 | 33 | Bi-Weekly | $119.44 | $121.11 | $2,943.19 | $3,943.19 | 302.32% |
| $5,000.00 | 33 | Bi-Weekly | $597.22 | $598.76 | $14,709.80 | $19,709.80 | 302.32% |
Example assumes exact period terms for a 14 day Bi-Weekly pay cycle. The finance charge includes fees charged based on a Tiered Contractual APR which can range between 238% to 519%.
Examples listed MAY have an OPTIONAL fee assessment for ACH services of $1.00. See associate for details.
Examples listed MAY have an OPTIONAL fee assessment for Minute Money services of $9.95. See associate for details.
Minute Loan Center reserves the right as outlined in section 6 of the loan agreement that in the event a payment is late by Five (5) days or more, we MAY assess a 5% fee on the unpaid portion of the payment.
Minute Loan Center reserves the right in the event a payment is returned for Insufficient Funds, we MAY assess a $25 fee for the returned item.
Examples are assumed based on exact on time payments. Finance charges will differ from examples if payments are made before the scheduled due date or after the scheduled due date.
Premier Loans
Minute Loan Center offers another of the most attractive and large-scale Utah personal loans for consumers – the “Premier Loan.” This product has gained popularity and is among Utah cash loans. It carries a borrowing maximum of $5,000, and repayment can be made in small, flexible increments over a 15-month term.
Premier loans are an especially useful resources for those who wish to:
- Consolidate other loans into one low and easy payment to get cash loans from our loan store in Utah.
- Buy furniture, electronics, or appliances versus renting them.
- Assist with down payments for cars, boats, housing, or other substantial items.
- An alternative to refinancing your home or second mortgages.
Frequently Asked Questions
How much money can I borrow?
We offer different types of cash loans in Utah. If you are eligible for one of our Premier Loans, you may receive up to $5,000.
How much does a line of credit Advance cost?
Minute Loan Center’s Line of Credit fees are determined by taking accrued Fees and Charges as of the Closing Date of the Billing Cycle, plus five percent (5%) of the outstanding Advance balances up to $1,499.99, plus three percent (3%) of the outstanding Advance balances above $1,500.00. Therefore, it helps to pay your debt on time and to pay more than the minimum balance. This way, you save money and have more credit available when needed!
When will my loan be due?
At MLC, we work to offer the most convenient personal loans in Utah. You can schedule automatic payments on your statement due date or have your statement’s minimum payment divided and presented on your pay dates. Choosing the pay date option makes it generally easier to manage your budget.
How will I maintain my line of credit?
When it comes to Utah personal loans, to maintain or increase your line of credit, make your payments on time, and always leave some room for borrowing by keeping your outstanding loan balance lower than the overall credit limit. In this way, you always have room to borrow money and build your credit relationship with us.
How can I get more cash?
MLC’s line of credit is open-ended, meaning you can access funds anytime as long as there’s some available credit. As long as your Minute Loan Center online line of credit is active, you can withdraw cash up to your credit limit. In addition, as you pay down your advances, you immediately get access to more funds.
Besides the questions above, please see more of Minute Loan Center’s frequently asked questions to enhance your understanding of our cash loans in Utah.
