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PayDay One

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Loan Cost and Terms

Utah

PayDay One is committed to providing great rates to our customers. In fact, we are the only online lender that offers a Great Rate Guarantee. We shop around so you don’t have to. But if you do find a lower price from another online lender we'll match it.

Maximum Loan Amount

The maximum loan amount for Utah residents is $500.

Below is the Fee Schedule for a 14 day loan. To view different terms, change the days of loan below.

Days of Loan:

Loan
Amount
Total
Interest
and Fees
Total Due APR
$100 $22.50 $122.50 586.61%
$150 $33.75 $183.75 586.61%
$200 $45.00 $245.00 586.61%
$250 $56.25 $306.25 586.61%
$300 $67.50 $367.50 586.61%
$350 $78.75 $428.75 586.61%
$400 $90.00 $490.00 586.61%
$450 $101.25 $551.25 586.61%
$500 $112.50 $612.50 586.61%

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Repayment Option(s)

  • Pay your loan in full
  • Refinance your loan and pay just the interest and fees*
  • Refinance your loan, pay the interest and fees plus 10% or more towards the principal*

*Note: You may only use a conbination of these options a maximum of 3 times provided your loan is not extended beyond 12 weeks.

If you wish to extend your loan, you must pay all interest earned at the time of extension. Upon extension, you will be charged for all interest due and the principal will be rolled over into a new loan contract. This new loan will carry with it an additional fee. Extension requests must be received at least 1 business day prior to your due date. You may request this by logging into your personal account. It is in your best interest if you pay an extra amount (in excess of interest due) to reduce the principal balance and the interest for the extension period. You may prepay your loan at any time and may be entitled to a rebate of interest.

Complaints

For complaints, please contact us at 888-PAYDAY1.

Utah residents may contact the Utah State Department of Financial Institutions at 801.538.8830.

Residents of other states may contact the regulatory agencies of the states in which they reside.


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© 2002 - 2009 PayDay One All Rights Reserved.

IMPORTANT DISCLOSURES: PayDay One and its affiliates offer payday advances, installment loans and credit services only to residents in those states where permitted by law. To obtain a loan, you must have a valid checking account and email address. In most cases loans will be funded the next business day without requiring any faxing of information unless we are unable to verify your application information. Great Rates refers to rates as compared to other similarly licensed online lenders.

CONSUMER NOTICE: Payday advances should be used for short-term financial needs only, not as a long-term financial solution. Customers with credit difficulties should seek credit counseling.

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