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Best Online Short-term Loans in South Salt Lake

Need quick cash without the hassle? That's where our Best Cash Advance Short-term Loans come in! Finding yourself in a financial jam can be stressful, and waiting for traditional loan approval isn't an option. Our service swiftly tackles this problem by offering short-term loans tailored to your immediate needs. Experience relief from financial burdens with our hassle-free application process and swift approvals. With our loans, you have a reliable solution that doesn't keep you waiting. Say goodbye to financial stress and apply now to get back on track with our speedy cash advance service!

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Best Online Short-term Loans in South Salt Lake

KeyX Financial
Loan agency
5.00
18 reviews

Address: 2716 S State St, South Salt Lake, UT 84115

Phone Number: +1 (801) 364-2200

Website: keyxf.com

Services:

Installment loans Line of credit Payday loans Signature loans Title loans Check Loans Consolidation Loans Credit Union Loan Current Loan
Merchant Cash Advance - Small Business Loans Utah
Loan agency

Address: 2324 Heatherglen Dr, South Salt Lake, UT 84119

Today's Business Hours: 9:00 AM - 7:00 PM

Phone Number: +1 (801) 515-2672

Website: utah-merchant-cash-advance.business.site

OneMain Financial
Loan agency
3.70
10 reviews

Address: 237 W 2100 S Expy, South Salt Lake, UT 84115

Today's Business Hours: 9:00 AM - 5:30 PM

Phone Number: +1 (801) 467-4223

Website: onemainfinancial.com/branches/ut/south-salt-lake/84115/4737

Services:

Flex loans Installment loans Line of credit Payday loans Signature loans Title loans Auto Refinance Loans Auto Repair Loans Boat Loans Building Credit Car Purchase Loans Careers Loan Cash Out Refinance Consumer Loan Credit Cards Debt Consolidation Loans Document Preparation Emergency Loans Moving Loans Family Support Financial Loans Funeral Loans Loan Applications Loan Insurance Loan Originated Loan Processing Loan Specialist Medical Loans Mortgage Loan Servicer Mortgage Originated Mortgage Payment Motorcycle Loans Online Account Management Payment Plan Personal & Auto Loans Personal Loans Online Real Estate Mortgage Loan Refinance Home Repayment Plan Rv Loans Secured Loan Total Finance Unsecured Loan Vacation Loans Wedding Loans

Alternatives to Short-term Loans in South Salt Lake

Short-term loans are financial solutions designed to address immediate cash needs, typically with repayment terms under one year. Personal loans offer quick funding without requiring collateral and can be used for a variety of purposes, although they often come with higher interest rates due to their unsecured nature. Installment loans are repaid over a set period with regular payments, providing a structured payoff plan that can help with budgeting, with terms often ranging from a few months to several years. Title loans, secured by the borrower's vehicle title, allow for quick access to funds but carry the risk of losing the vehicle if the loan is not repaid, and these typically have high interest rates and short repayment durations.

Best Personal Loan

LIQUID LOANS
5.00
10 reviews

Short-term loans come in various forms, catering to different financial needs. Among the best personal short-term loans, one option stands out for its flexibility and quick approval process. Typically, these loans are unsecured, meaning they do not require collateral, and they allow borrowers to access funds swiftly to cover unexpected expenses or emergencies. They usually offer loan amounts ranging from a few hundred to a few thousand dollars with relatively higher interest rates due to the shorter repayment periods. Personal short-term loans are ideal for those who need immediate financial assistance and have a clear plan to repay the amount quickly.

Best Car Title Loan

American Title Loans
4.80
39 reviews

Title loans are short-term loans where borrowers can use their vehicle title as collateral to secure the funding they need. These loans are often sought by individuals who may not qualify for traditional loans due to poor credit history or limited income. With title loans, lenders typically do not perform rigorous credit checks, making them accessible but also potentially risky due to high interest rates. If borrowers are unable to repay the loan, they risk losing their vehicle as lenders have the right to repossess and sell it to recover the debt. Therefore, it's important for borrowers to consider alternative options and fully understand the terms before proceeding with a title loan.

Loan Regulations in Utah

The short-term loan industry is subject to Utah state regulations that do not specify a maximum loan amount nor cap the interest rates lenders can charge. Lenders are permitted to offer loans that must be repaid within a maximum term of 10 weeks, although there is no minimum loan term. There are also no limitations on the finance charges or APRs that lenders can impose on their short-term loans. This means that the costs associated with these loans can be very high compared to other states.

To be eligible for a short-term loan in Utah, a borrower typically needs to provide proof of income, a state-issued ID, and a bank account. There are no set state-wide limitations on the number of loans a borrower can have out at one time, nor are there legal requirements for a cooling-off period between loans.

Short-Term Loan Calculator

day(s)
%
$

Estimated Payment

$327.12
Total Principal Paid: $300.00

Financial Charge: $27.12

Loan Term: 150 day(s)

APR: 22.00%

Where to Use Short-term Loan

If you've secured a short-term loan, there are several local service providers where you might allocate these funds effectively. You can use the loan to cover medical expenses at your local healthcare facilities, handle emergency car repairs at nearby auto shops, or pay for legal assistance through local law services. Additionally, the loan can help manage costs for unexpected funeral services and essential household appliance repairs or replacements.

Bodyshop
3099 South 300 West, South Salt Lake, UT 84115
+1 (801) 466-9195
Community Center
2531 South 400 East, South Salt Lake, UT 84115
+1 (801) 412-3295
Convenience Store
420 East 2700 South, South Salt Lake, UT 84115
+1 (801) 486-1422
Dentist
3195 South Main Street, South Salt Lake, UT 84115
+1 (801) 467-2255
Fast Food
3890 South State Street, South Salt Lake, UT 84115
Fitness Club & Center
2531 South 400 East, South Salt Lake, UT 84115
+1 (801) 412-3217
Government Office
2274 South 600 West, South Salt Lake, UT 84115
+1 (801) 483-6024
Shopping Center
2964 South State Street, South Salt Lake, UT 84115
+1 (801) 322-2729
Theater
3605 South State Street, South Salt Lake, UT 84115
+1 (801) 532-6000

FAQ

What is a Short-Term Loan?

A short-term loan is a type of lending that typically lasts for a brief period, often ranging from a few weeks to a few months. It is designed to cover urgent financial needs and is usually for smaller amounts compared to traditional loans.

Can I Get a Short-Term Loan with Bad Credit?

Yes, you can often secure a short-term loan even with bad credit. Many lenders offer flexible terms and consider your current financial situation rather than just your credit score. However, interest rates may be higher to offset the lender's risk.

What are Same-Day Short-Term Loans?

Same-day short-term loans are designed to provide quick cash availability. Upon approval, the funds can be transferred into your bank account on the same day, helping to address immediate or unexpected expenses.

How Do Short-term Loans Work?

Short-term loans are a type of short-term loan typically due on your next payday. They are designed for emergency expenses and involve borrowing a small amount that you agree to repay with interest within a short time frame, usually two to four weeks.

What are the Costs Associated with Short-Term Loans?

Short-term loans often come with higher interest rates and fees than traditional loans. They may include service fees, origination fees, and penalty charges for late payments. It’s crucial to review the loan terms carefully before accepting the loan.

What Should I Consider Before Taking a Short-Term Loan?

Before taking a short-term loan, consider your ability to repay the loan, the interest rates, fees, and terms of the loan. Ensure that it is the best option available and not a cycle of debt by understanding all conditions and evaluating your financial situation.

Are There Alternatives to Short-Term Loans?

Yes, alternative options include borrowing from friends or family, negotiating a payment plan with your creditors, or using a credit card for urgent needs. Some credit unions and non-profit organizations also offer low-interest emergency loans.

Find Short-term Loans Near Me

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South Salt Lake ZIP Codes

84106
84115
84119
84165
84190