Washington Terrace at a glance
- Population: the Census estimates 9,070 residents, ranking 72nd of 255 places in Utah (Vintage 2023).
- 2020 Census base: 9,264 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: down about 2.1% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Utah places: 72nd-largest of 255 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: ahead of around 72% of Utah places in population terms (US Census Bureau).
- Coordinates: mapped at 41.1683, -111.9782 by the US Census Bureau Gazetteer.
- Nearest larger cities: South Ogden, UT (1 mi); Riverdale, UT (1 mi); Roy, UT (4 mi); Ogden, UT (4 mi); West Haven, UT (5 mi); each population is a US Census Bureau estimate.
- Nearest smaller places: South Weber, UT (3 mi); Uintah, UT (3 mi); Sunset, UT (3 mi) (US Census Bureau estimates).
What a personal loan costs in Washington Terrace
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Utah lending rules that apply in Washington Terrace
The Utah rate caps and licensing rules that reach Washington Terrace are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Washington Terrace
The order below is a sensible way to approach a loan in Washington Terrace:
- 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.