2716 S. State Street, Salt Lake City, UT 84115

Frequently Asked Questions

KeyX is exclusively an installment lender. What does that mean?

Every KeyX loan will provide affordable payments that include both principal and interest.

Do I need a certain credit score to qualify for a loan?

No, we don’t have a credit score requirement. We look at your overall application and do our best to get you approved.

What are the main advantages of a KeyX installment loan?

There are several, including: (1) Much easier to qualify for than a bank or credit union loan, (2) 70% to 80% less expensive than a payday loan, (3) Your rate will never increase, (4) Affordable, flexible payments, and (5) We never hold your check.

Why is the average KeyX loan 75% less expensive than a payday loan?

As a long established installment lender, KeyX has a much larger loan volume, lower overhead, and lower default rate than most payday loan stores. These factors allows us to provide our customers personal installment loans at a dramatically lower cost.

Can KeyX help me re-establish my credit?

Yes, once you have been a KeyX loan customer for three months or more, we will be pleased to provide you a personal credit reference, either by phone or in writing.

If my loan is paid off, and I have a good payment history, do I need to re-apply to borrow again?

Not at all; just ask for a cash advance, and we’ll cut you a check. We may request an updated paystub or bank statement, but you never have to re-apply.

Is there a guarantee of how much I can save with a KeyX loan?

Yes, every KeyX Consolidation Loan or Credit Line of $1,500 or more is guaranteed to be at least 70% lower cost than a payday loan. Depending on loan amount your savings can range from 70% to over 90%!