Loans in Utah: payday, personal & title loan laws (2026)

Payday loans (called deferred deposit loans) are legal in Utah from lenders registered with the Department of Financial Institutions under the Check Cashing and Deferred Deposit Lending Registration Act. There is no cap on the interest or fees, but interest must stop 10 weeks after the loan is made.

No rate or fee cap in the payday statute. Utah's Consumer Credit Code lets the parties agree to any finance charge unless another provision restricts it. The lender must post its full schedule of interest and fees in dollar amounts.

Rollovers are allowed only if you ask for one, and only within the 10-week limit. A lender may not get around the limit by making a new loan to pay off an old one.

Title loans are legal in Utah from lenders registered with DFI under the Title Lending Registration Act. There is no rate cap, but a title loan may not be larger than the vehicle's fair market value, and on default the lender's only remedy is to take and sell the vehicle.

A title loan may not exceed the fair market value of the vehicle, and a lender may not make more than one title loan on the same vehicle at a time.

No rate cap: parties may agree to any finance charge; lenders must notify DFI.

Not a license as such: a creditor subject to the Consumer Credit Code must file a notification with DFI at least 30 days before starting business in Utah, renew it by December 31 each year, and show it is registered with NMLS. A creditor that fails to file may not extend credit to Utah consumers. Federally insured depository institutions and their wholly owned subsidiaries are exempt.