Online Installment Loans in Salt Lake City
Dealing with an emergency expense you haven’t planned for can be difficult, but MoneyKey may be able to help. We offer Installment Loans in Salt Lake City, Utah and throughout the entire state. Our Installment Loans range between $200 and $2,000 to help you handle unforeseen expenses when your emergency savings can’t cover them.
This personal Installment Loan is paid off in either 11 or 23 scheduled installments, depending on whether you are paid monthly, semi-monthly, bi-weekly or weekly. Online installment loans have a predictable payment schedule, which may make paying off your loan more manageable. Read and learn more about the benefits of installment loans and when they can be an effective solution to pay for unexpected and short-term expenses before making a decision about which type of loan to choose.
We make the application process for Salt Lake City loans simple. It only takes a few minutes to complete the application, and if you’re approved, you’ll have the cash you need as soon as the same business day*.
As you move through your credit journey, you may also be eligible for a reduced cost of credit and/or increased loan amounts based on your payment history over time†.
Why Choose Online Loans Available Through MoneyKey?
Details of Our Installment Loans in Salt Lake City, UT
Sitting along the Wasatch Mountains in Utah, Salt Lake City occupies one of the many vibrant natural scenes in the country. This area is home to five national parks and is a popular destination for skiers.
Because of this, many residents and tourists alike take full advantage of the surrounding nature, with skiing being one of the central activities at their disposal.
This is reflected in the numbers, as Utah saw a total of 5.1 million visits by skiers in the winter of 2018-19. Of course, with activities like skiing, a risk of injury is present. Unfortunately, not everyone has the necessary savings to tackle an unforeseen medical bill.
Luckily, if you’re faced with a medical bill and you don’t have the emergency funds to handle it, a MoneyKey Installment Loan in Salt Lake City, Utah may be able to help!
If you’re looking to apply for a Salt Lake City Installment Loan, click here or call us at 1-866-255-1668 for more information.
Loan Amount of Our Installment Loan in Salt Lake City
As a payday loan alternative, Installment Loans in Salt Lake City with MoneyKey allow you to borrow between $200 and $2,000. After reviewing your application, we will let you know how much you are eligible for. After approval, you can expect to receive funds by the same business day*.
Cost of Salt Lake City Installment Loans
Interest will be charged on your Installment Lon, with a maximum annual percentage rate (APR) of 295%.
The APR, repayment amount and payment schedule will vary depending on the specific details of your loan, which are available in your loan agreement.
As you move through your credit journey, you may also be eligible for a reduced cost of credit and/or increased loan amounts based on your payment history over time†.
Payment Schedule and Length of Loan
The length of your Installment Loan in Utah will span approximately 12 months.
- You can expect 11 scheduled installments over that time period if you get paid monthly.
- If you’re paid weekly, bi-weekly, or semi-monthly, you can expect your term to include 23 scheduled installments.
Here are some examples:
Annual Percentage Rate | Finance Charge | Amount Financed | Total of Payments | |
---|---|---|---|---|
The cost of your credit as a yearly rate
291.19% |
The dollar amount the credit will cost you
$1,820.88 |
The amount of credit provided to you on your behalf
$1,000.00 |
The amount you will have paid after you have made all payments as scheduled
$2,820.88 |
Payment Schedule
Payment Date | Payment Amount | |
---|---|---|
08/27/2020 | $122.68 | |
09/10/2020 | $122.68 | |
View More |
Annual Percentage Rate | Finance Charge | Amount Financed | Total of Payments | |
---|---|---|---|---|
The cost of your credit as a yearly rate
291.89% |
The dollar amount the credit will cost you
$1,627.56 |
The amount of credit provided to you on your behalf.
$1,000.00 |
The amount you will have paid after you have made all payments as scheduled
$2,627.56 |
Payment Schedule
Payment Date | Payment Amount | |
---|---|---|
10/02/2020 | $238.79 | |
11/04/2020 | $238.78 | |
View More |
Online Installment Loans in Salt Lake City are Not Intended to Meet Long-Term Financial Needs
At MoneyKey, we strongly urge you to use this form of credit only as a stopgap to cover unexpected expenses. It is not intended to help you meet long-term financial needs or those that require a large loan amount.
Frequently Asked Questions
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What are the minimum requirements to qualify for an Online Installment Loan in Salt Lake City, UT?
In order to qualify for an online Loan with MoneyKey in Salt Lake City, borrowers must:
- Be at least 18 years old
- Be a US citizen or a permanent resident
- Be a resident of Utah
- Have an active bank account
- Have a regular source of income
- Have a valid contact number and an active email address
Please note that currently, no credit products offered through MoneyKey have rates that would meet the requirements applicable to lend to covered members of the US Armed Forces and their dependents.
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Where can I find cash loans near me?
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If you need money quickly to help you manage an emergency expense, MoneyKey may be able to help. Avoid dealing with lines, business hours that don’t work with your schedule, and lengthy application processes by applying for an online loan in just minutes from the comfort of your own home.
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Can I qualify for an Installment Loan in Salk Lake City with a bad credit score?
Yes, you may. If you meet the minimum requirements, you may be able to qualify for a Salt Lake City Installment Loan through MoneyKey. To learn more, read our article about how to qualify for an installment loan even with poor credit.
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How long will it take to get a cash advance with a Salt Lake City Installment Loan?
For details on specific funding cut-off times, visit MoneyKey’s FAQs here.
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Do I need to make an appointment to apply for an online Installment Loan through MoneyKey?
No appointment is required to apply for an online loan through MoneyKey. You can start the online application process by clicking here. The process is simple, and the application may take only a few minutes to complete.
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Learn About Cash Loan Services in Salt Lake City, UT
When you’re in a tricky spot with your finances, applying for a personal Installment Loan in Utah is a big decision. At MoneyKey, we may be able to help. If you need any more information or guidance throughout this process, reach out to us at 1-866-255-1668 and our Customer Care team will be happy to help. You can also find more information about MoneyKey and our products and/or services by visiting our general FAQs page.