Vernon at a glance
- Population: a Census-estimated 293, placing it 223rd among Utah's 255 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 257 (US Census Bureau).
- 2020 to 2023 change: a gain of roughly 14.0% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Utah places: 223rd largest of 255 (US Census Bureau).
- Size percentile: about 13% of Utah's Census places are smaller (US Census Bureau).
- Coordinates: 40.0956, -112.4458 (Census Gazetteer, US Census Bureau).
- Nearest larger cities within 120 miles: Rush Valley, UT (18 mi); Eureka, UT (20 mi); Stockton, UT (24 mi); Cedar Fort, UT (25 mi); Eagle Mountain, UT (27 mi) (US Census Bureau).
- Nearest smaller towns: Fairfield, UT (22 mi); Leamington, UT (40 mi); Lynndyl, UT (41 mi) — US Census Bureau populations.
What a personal loan costs in Vernon
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
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.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Utah lending rules that apply in Vernon
Where a figure is not published by the state, the row points to the source instead of guessing.
| 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 Vernon
The order below is a sensible way to approach a loan in Vernon:
- 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.