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Personal loans in Amalga, UT

In Amalga, a personal loan turns a one-time expense into predictable monthly payments, and the rate you get depends on your credit, income and debts. The Census counts about 507 residents in Amalga, ranking it 195th among the 255 places in Utah. Rate caps and licensing for consumer lenders in Utah come from state law, and the sourced rows below set them out.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Amalga at a glance

  • Population: 507, the 195th-largest community in Utah out of 255 (US Census Bureau, Vintage 2023).
  • 2020 Census base: 483 people (US Census Bureau, 2020 Census count).
  • 2020 to 2023 change: a gain of roughly 5.0% between the 2020 count and the 2023 estimate (US Census Bureau).
  • Rank among Utah places: 195th in population of 255 places (US Census Bureau).
  • Size percentile: it is larger than about 24% of the places in Utah (US Census Bureau).
  • Coordinates: it sits at 41.8563, -111.8972 in the US Census Bureau Gazetteer.
  • Nearest larger cities (120-mile radius): Smithfield, UT (4 mi); Trenton, UT (4 mi); Newton, UT (5 mi); Hyde Park, UT (6 mi); Richmond, UT (7 mi) (US Census Bureau).
  • Nearest smaller towns: Cornish, UT (8 mi); Plymouth, UT (13 mi); Deweyville, UT (15 mi) — US Census Bureau populations.

What a personal loan costs in Amalga

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.

Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.

A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.

Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.

Utah lending rules that apply in Amalga

The Utah rate caps and licensing rules that reach Amalga are listed below, each with its source and retrieval date.

RuleDetailSource
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 statusLegal; 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 licensingConsumer 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 regulatorUtah 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 Amalga

Here is a short checklist for comparing personal loans in Amalga:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Utah using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Amalga?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Amalga are the same as elsewhere in Utah.
How much can I borrow with a personal loan in Amalga?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Amalga require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Amalga hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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