Levan at a glance
- Population: 907 residents, the 159th-largest of 255 places in Utah (US Census Bureau, Vintage 2023).
- 2020 Census base: 865 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 4.9% growth over the 2020 Census base (US Census Bureau).
- Rank among Utah places: 159th-largest of 255 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 38% of places in Utah rank below it by population (US Census Bureau).
- Coordinates: 39.5562, -111.8606 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Nephi, UT (10 mi); Fountain Green, UT (13 mi); Moroni, UT (15 mi); Mona, UT (18 mi); Ephraim, UT (20 mi) — straight-line distances, US Census Bureau populations.
- Smaller places close by: Wales, UT (13 mi); Leamington, UT (23 mi); Fayette, UT (23 mi) (US Census Bureau).
What a personal loan costs in Levan
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
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.
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.
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 Levan
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| 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 Levan
The order below is a sensible way to approach a loan in Levan:
- 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.