Cedar Fort at a glance
- Population: about 417, 207th by size in Utah of 255 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 427 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: population fell about 2.3% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Utah places: 207th of the state's 255 Census places (US Census Bureau).
- Size percentile: ahead of around 19% of Utah places in population terms (US Census Bureau).
- Coordinates: mapped at 40.3414, -112.1086 by the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Eagle Mountain, UT (5 mi); Saratoga Springs, UT (10 mi); Herriman, UT (11 mi); Bluffdale, UT (13 mi); Lehi, UT (14 mi) (US Census Bureau).
- Nearest smaller towns: Fairfield, UT (7 mi); Vernon, UT (25 mi); Alta, UT (31 mi) — US Census Bureau populations.
What a personal loan costs in Cedar Fort
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Utah lending rules that apply in Cedar Fort
The table lists the Utah rules that apply to a loan made in Cedar Fort, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Utah Department of Financial Institutions (DFI) Source says: The Department of Financial Institutions regulates 19 banks, 22 credit unions, 17 industrial banks and 1 trust company. | Utah Department of Financial Institutions (DFI) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | No general cap — parties may agree to any rate; 10% per annum legal rate if no rate is specified (Utah Code § 15-1-1) Source says: The parties to a lawful written, verbal, or implied contract may agree upon any rate of interest for the contract | Utah State Legislature as of 2026-09-16 |
| Payday lending status | Legal; deferred deposit lenders must register with the Utah DFI (Utah Code Title 7, ch. 23) Source says: It is unlawful for a person to engage in the business of cashing checks or the business of deferred deposit lending in Utah | Utah State Legislature as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer lenders under the Utah Consumer Credit Code (Title 70C) must file a Consumer Credit Notification via NMLS Source says: Entities subject to the UCCC's notification requirement must file a Consumer Credit Notification (CCN) through the Nationwide Multistate Licensing System (NMLS). | Utah Department of Financial Institutions (DFI) as of 2026-09-16 |
How to compare offers in Cedar Fort
The order below is a sensible way to approach a loan in Cedar Fort:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Utah using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.