Questions or complaints regarding payday loans may be directed to the Utah Department of Financial Institutions by calling (801) 538-8830.
Frequently Asked Questions:

What does it cost to get a Payday Loan in Utah?

Your cost for a payday loan would vary depending on the amount you wish to borrow and the length of your loan. The annual percentage rate, or “APR,” will also vary. The APR is the cost of your loan expressed as a yearly rate. For example, if you borrow $300.00 for 14 days, we would charge you $45.00, which equals an APR of 391.07%. The APR in that example is based upon an example term of one payment due in 14 days. The APR on your loan will increase if the actual loan term is shorter than these examples, and will decrease if your loan term is longer. Please see our Fee Schedule [below] for additional payday loan examples and related costs.

Can I pay off my loan before the due date?

Yes. You may prepay your loan at any time without penalty. You may also make partial early payments in increments of at least $5. You may even be entitled to a rebate of a portion of the loan fee if you pay off early. To make payments on your loan before the due date, simply bring your payment to one of our Utah store Locations, [click here for locations] or call us at 1-866-722-CASH (1-866-722-2274). After you call us, if you wish to prepay your entire loan, we will debit your account for the “Total of Payments” shown on your loan agreement, less any rebate due to you as a result of the early payoff.
Fee Schedule

The following table shows the interest charged for a typical loan. The table shows the interest as an Annual Percentage Rate* and as a dollar amount:
In-Store Loans
3-14 Days
LOAN
AMOUNT
INTEREST
CHECK
AMOUNT
APR*
LOAN TERM
LOAN TERM
LOAN TERM
(Amount Financed)
(Finance Charge)
(Total of Payments)
7 Days
14 Days
30 Days
$100.00
$15.00
$115.00
782.14%
391.07%
182.50%
$200.00
$30.00
$230.00
782.14%
391.07%
182.50%
$300.00
$45.00
$345.00
782.14%
391.07%
182.50%
$400.00
$60.00
$460.00
782.14%
391.07%
182.50%
$500.00
$75.00
$575.00
782.14%
391.07%
182.50%
*ANNUAL PERCENTAGE RATE: The APR is the cost of your loan expressed as a yearly rate. The APRs are based on example loan terms of one payment (“Check Amount”) due in 7 and 14 days. The APR will increase if the actual loan term is shorter than these examples, and will decrease if your loan term is longer.
Checkmate Express Loans
3-30 Days
LOAN
AMOUNT
INTEREST
CHECK
AMOUNT
APR*
LOAN TERM
LOAN TERM
LOAN TERM
(Amount Financed)
(Finance Charge)
(Total of Payments)
7 Days
14 Days
30 Days
$100.00
$15.00
$115.00
782.14%
391.07%
182.50%
$200.00
$30.00
$230.00
782.14%
391.07%
182.50%
$300.00
$45.00
$345.00
782.14%
391.07%
182.50%
$400.00
$60.00
$460.00
782.14%
391.07%
182.50%
$500.00
$75.00
$575.00
782.14%
391.07%
182.50%
*ANNUAL PERCENTAGE RATE: The APR is the cost of your loan expressed as a yearly rate. The APRs are based on example loan terms of one payment (“Check Amount”) due in 7, 14 and 30 days. The APR will increase if the actual loan term is shorter than these examples, and will decrease if your loan term is longer.