Fairfield at a glance
- Population: 157 people, the 246th-largest place among Utah's 255 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 160 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 1.9% lower than the 2020 Census base (US Census Bureau).
- Rank among Utah places: 246th by size among 255 communities (US Census Bureau).
- Size percentile: larger than about 4% of the Census places in Utah (US Census Bureau).
- Coordinates: 40.2360 latitude, -112.0752 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Eagle Mountain, UT (6 mi); Cedar Fort, UT (7 mi); Saratoga Springs, UT (11 mi); Lehi, UT (16 mi); Vineyard, UT (18 mi) — straight-line distances, US Census Bureau populations.
- Smaller places nearby: Independence, UT (43 mi); Lynndyl, UT (53 mi); Scofield, UT (60 mi), per US Census Bureau estimates.
What a personal loan costs in Fairfield
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Utah lending rules that apply in Fairfield
The table lists the Utah rules that apply to a loan made in Fairfield, each with the regulator that published it.
| 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 Fairfield
The order below is a sensible way to approach a loan in Fairfield:
- 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.