Wallsburg at a glance
- Population: about 296 residents, ranking 221st of 255 Census places in Utah (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 289 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: up roughly 2.4% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Utah places: 221st by size among 255 communities (US Census Bureau).
- Size percentile: about 13% of Utah's Census places are smaller (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 40.3869, -111.4195.
- Nearest larger cities: Daniel, UT (6 mi); Charleston, UT (6 mi); Midway, UT (10 mi); Heber, UT (11 mi); Provo, UT (15 mi); each population is a US Census Bureau estimate.
- Smaller towns nearby: Independence, UT (7 mi); Interlaken, UT (11 mi); Alta, UT (17 mi) (US Census Bureau).
What a personal loan costs in Wallsburg
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
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.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Utah lending rules that apply in Wallsburg
The table lists the Utah rules that apply to a loan made in Wallsburg, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Wallsburg
A few practical steps will make the process in Wallsburg less costly:
- 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.