Online Personal Loans in Utah
A financial product designed for borrowers with above average credit scores, personal loans in Utah meet the financial needs of those borrowers that are looking for a fast loan, with a better interest rate that is completely online and requires no faxing or paperwork. Personal loans that can be accessed through 36MonthLoans.com offer a maximum borrowable amount of $25,000, a maximum loan term of 36 months and interest rates as low as 36%. This makes personal loans a much better alternative than the small and expensive payday loans.
Utah - Rates & Terms
$1,000 - $25,000
Interest Rate / APR:
Variable (more details
12 months - 36 months
If you meet the requirements and qualify for one of our personal loans we will provide you with a financial solution tailored to your needs, based on your financial eligibility. Once approved for a loan you will be provided the full details of the offer including: interest rate, repayment term, payment amount and the total cost of the loan.
Credit Scores in Utah:
According to research performed by Experian, one of the world's leading credit agencies, the average credit score for the entire state of Utah was 694 at that time (2011). This was 7 points above the 687 U.S. average at that time. Utah's average credit score was in concordance with the trend discovered which showed northern states having better average scores than southern ones. While Utah is not a northern state it still shows an above average score when compared to southern ones.
More about Installment Loans in Utah
The state of Utah was the 45th state to join the Union on January 4th 1896, it is currently the 13th largest state by area, the 33rd largest by population and the 10th least densely populated state. Utah is one of the USA's largest transportation hubs and it is also a great center for education, education technology and research and a major U.S. tourist destination.
The state of Utah was also the top state in the USA for Economic Dynamism, a statistic determined by "the degree to which state economies are knowledge-based, globalized, entrepreneurial, information technology-driven and innovation-based" and was also ranked 1st in Forbes' list of "Best States for Business".
The top industries that drive most of Utah's revenue are: mining, cattle ranching, salt extraction and production and government services. The petroleum industry also has a significant presence especially in eastern Utah. The largest part of the petroleum production occurs near Salt Lake City while Central Utah is responsible for most of the coal production.
One other interesting fact about the State of Utah is that it ranked first out of all U.S. states by income given to charity by the wealthy according to information gathered by the Internal Revenue Service. A state with such a large variety of industries and workplaces will also have a significant different between high and low incomes. Low and medium income residents in some cases will require financial help and Utah has something to offer to all borrowers, from one month loans for low credit borrowers to easy online personal loans for above average borrowers.
State of Utah Economic Indicators:
- Income per capita: $32,595 (2010); 
- Average weekly wage: $783 (Second quarter of 2013); 
- Average household income: $55,869; 
- State expenditures ($ in millions): 13,227; 
- Unemployment rate: 4.7% (June 2013)