Beaver at a glance
- Population: the Census estimates 3,676 residents, ranking 102nd of 255 places in Utah (Vintage 2023).
- 2020 Census base: 3,596 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: about 2.2% more residents than the 2020 Census base (US Census Bureau).
- Rank among Utah places: 102nd out of 255 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 60% of Utah's Census places by population (US Census Bureau).
- Coordinates: 38.2759 latitude, -112.6381 longitude (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Enoch, UT (42 mi); Richfield, UT (45 mi); Cedar City, UT (48 mi); Delta, UT (75 mi); La Verkin, UT (80 mi) (US Census Bureau).
- Nearest smaller towns: Minersville, UT (19 mi); Circleville, UT (21 mi); Milford, UT (22 mi) — US Census Bureau populations.
What a personal loan costs in Beaver
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Utah lending rules that apply in Beaver
The sourced rows below are the rules a licensed lender must follow when lending in Utah, and therefore in Beaver.
| 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 Beaver
A few practical steps will make the process in Beaver 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.