Cornish at a glance
- Population: roughly 282 people; 225th of 255 places in Utah (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 276 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: about 2.2% more residents than the 2020 Census base (US Census Bureau).
- Rank among Utah places: 225th of the state's 255 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 12% of Utah's Census places by population (US Census Bureau).
- Coordinates: it sits at 41.9672, -111.9587 in the US Census Bureau Gazetteer.
- Nearest larger cities: Lewiston, UT (4 mi); Trenton, UT (4 mi); Weston, ID (5 mi); Clarkston, UT (6 mi); Newton, UT (8 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Oxford, ID (20 mi); Howell, UT (28 mi); St. Charles, ID (31 mi) (Census populations).
What a personal loan costs in Cornish
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Utah lending rules that apply in Cornish
Each row below is a Utah rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Cornish
Run through this list before signing anything in Cornish:
- 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.