Pay Day Loans Utah: Restrictions Against The Lender
Regarding pay day loan in Utah, the lending company is not allowed to charge or threaten to charge the borrower with anything criminal if your check bounces. The lender must drop the finance charge on the loan if you pay the loan back the following day. The lender cannot give a loan extension to the borrower for more than 12 weeks. When you apply for a pay day loan in Utah you must be given a phone number in which you can file a grievance against the lender if so desired. The lender cannot add any extra finance charges if you make at least $5 payments on your borrowed amount. If you get a deferred deposit loan, you must be shown a list of fees for this loan.