Federal Employee Loans

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 Loans
for Federal Employees

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 6 years, we’ve provided non-military workers with easy-to-obtain, medium-term installment loans for federal employees and postal workers in Utah and 8 other states. 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 loan service for Utah federal employees and postal workers 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!

Utah Installment

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

Financial Institutions

PO BOX 146800
Salt Lake City, UT 84114-6800
TEL 801.538.8830
FAX 801.538.8894
Coast 2 Coast Lenders, LLC Complaint Information

Loan related:
Pamela Gutierrez, VP of Operations
800-818-1908, ext 501

All other complaints:

Kevin Gordon, CEO
800-818-1908, ext 505

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.


Percentage Rate

Loan Term- 22
Payroll Deductions

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 21 payments of $43.81 and one payment of $43.70

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
  • Finance

  • Amount

  • Total

Potential Fees

Fee – $0

Return Payment
Fee – $25.00

Payroll Deduction Fee
(Allotment Processing)
$3.00 per payment

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 $363.71 in interest as his finance charge.

Total of payment

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 $963.71


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


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