Kamas at a glance
- Population: 2,145 people, the 119th-largest place among Utah's 255 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 2,095 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: a gain of roughly 2.4% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Utah places: the 119th-largest of 255 (US Census Bureau, 2023 estimate).
- Size percentile: larger than about 53% of the Census places in Utah (US Census Bureau).
- Coordinates: 40.6500, -111.2734 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Heber, UT (10 mi); Park City, UT (12 mi); Midway, UT (14 mi); Cottonwood Heights, UT (28 mi); Holladay, UT (29 mi); each population is a US Census Bureau estimate.
- Nearest smaller towns: Francis, UT (3 mi); Oakley, UT (6 mi); Hideout, UT (7 mi) (US Census Bureau).
What a personal loan costs in Kamas
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Utah lending rules that apply in Kamas
The sourced rows below are the rules a licensed lender must follow when lending in Utah, and therefore in Kamas.
| 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 Kamas
Run through this list before signing anything in Kamas:
- 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.