Utah Installment Loan

  • Installment Loans from $600 to $3,000
  • Same Day Funding Available
  • Rapid Processing & Approvals
  • Limited Requirements
  • No Prepayment Charges
  • Funds Deposited Directly into Your Checking Account

Utah Installment Loan

  • Installment Loans from $600 to $3,000
  • Same Day Funding Available
  • Rapid Processing & Approvals
  • Limited Requirements
  • No Prepayment Charges
  • Funds Deposited Directly into Your Checking Account

Utah Installment Loan

    Remember that time you broke a ski on the slopes but couldn’t afford to buy a new pair because you’d spent all your money on the lift ticket? If you are a non-military federal worker, Coast 2 Coast Lenders could have put you back on the mountain the following day.

    For over 30 years, we’ve provided non-military federal workers with easy-to-obtain, medium-term installment loans. You pay off the loans through deductions from your paycheck, typically over a period of 11 months. You can choose, however, to pay off your loan at any time, without being charged for the early payoff. It’s your loan, so you get to choose how you manage the funds and payments.

    Because we focus our service solely on non-military federal workers, we’ve been able to streamline our program to simplify the entire loan process. With DocuSign, you need only to fill in all necessary documents and submit them electronically. The following day, the amount you have borrowed is deposited directly into your checking account. Under certain circumstances, if you provide all the information we need in a timely manner, you could receive your loan the same day.

    When you know you’ve got something coming up and there’s a possibility you might need extra cash, verify that we service the federal agency you work for, then complete your loan application. You’ll receive the funds the following day, which ensures your next outdoor adventure will be a success!

    Financial Institutions

    PO BOX 146800
    Salt Lake City, UT 84114-6800
    TEL 801.538.8830
    FAX 801.538.8894
    http://dfi.utah.gov/

    Coast 2 Coast Lenders, LLC Complaint Information

    Loan related:
    Pamela Gutierrez, VP of Operations
    800-818-1908, ext 501
    pgutierrez@coast2coastlenders.com

    All other complaints:
    Kevin Gordon, CEO
    800-818-1908, ext 505

    Utah Installment Loan

    An installment loan is a medium-term loan, usually with a higher principal amount than short-terms loans. It is repaid gradually in installments over 22 payroll deductions (allotments) for a period of roughly 11 months. This loan may be repaid early at any time with no prepayment charges.

    Coast 2 Coast Lenders is licensed in State of Utah Financial Institutions

    Utah Rates & Terms

    * Actual loan terms may vary based on applicant’s qualifications
    ** APR’s may vary based on calendar days between loan funding and first payment as well as the State of residence of the borrower.

    Loan Amount- $600-$3000

    Loan Term- 22 Payroll Deductions (allotments)

    Annual Percentage Rate- 95%-200%**

    If a minimum payment over $25 is 10 days late, you will be charged a $10 fee. You will be charged a $5 fee if the late payment is less than or equal to $25.

    What it Costs

      The chart represents an illustrative example of the cost of a $600 loan. Please see your loan agreement for the annual percentage rate (APR) and other terms applicable to your loan. If you have any other questions or would like more information, please ask. Make certain the questions are answered. Make sure you understand the terms and cost of your loan.

      If you repaid biweekly through payroll allotments, you would make 22 payments of $41.33 and one payment of $41.27

      With an actual installment loan, your repayment might look different that the example above.  For instance, you may be able to borrow more money, or have a longer or shorter repayment period. 

      APR
      94.484%

      Finance Charges
      $309.20

      Amount Financed
      $600.00

      Total Payments
      $909.20

      Potential Fees

      Application Fee - $0

      Payroll Deduction Fee (Allotment Processing) $3.00 per payment

      Return Payment Fee - $25.00

      If a minimum payment over $25 is 10 days late, you will be charged a $10 fee. You will be charged a $5 fee if the late payment is less than or equal to $25.

      Terms Explained

       

      Amount Financed

      This is the loan amount.  In our example, Joe Borrower is approved for a $600 loan.  The $600 is the amount financed

      Loan Term

      Your loan term is the amount of time over which you are scheduled to repay your loan. You may also repay early with no penalty. In the example, Joe’s loan is for 22 payroll deductions (allotments) over a period of roughly 11 months.

      Finance Charge

      The finance charge is the dollar amount your loan will cost you, in addition to the amount financed. In the example, Joe’s amount financed will be $309.20 in interest as his finance charge.

      Total of Payments

      This is the sum of the amount financed and the finance charge. It is the total amount you must repay. In this example, Joe’s amount financed, and finance charge equals a total of payments of $909.20

      APR

      APR (annual percentage rate) is a measure of the cost of credit, expressed as a yearly rate.