Cannonville at a glance
- Population: 193 residents, the 239th-largest of 255 places in Utah (US Census Bureau, Vintage 2023).
- 2020 Census base: 183 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: roughly 5.5% higher than at the 2020 Census (US Census Bureau).
- Rank among Utah places: 239th in population of 255 places (US Census Bureau).
- Size percentile: larger than about 6% of the Census places in Utah (US Census Bureau).
- Coordinates: 37.5548 / -112.0538, per the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Henrieville, UT (3 mi); Tropic, UT (6 mi); Bryce Canyon City, UT (11 mi); Panguitch, UT (28 mi); Escalante, UT (29 mi) (US Census Bureau populations).
- Nearest smaller towns: Hatch, UT (22 mi); Alton, UT (27 mi); Antimony, UT (38 mi) — US Census Bureau populations.
What a personal loan costs in Cannonville
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
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 Cannonville
The table carries the Utah rate and licensing rules that apply to consumer loans made in Cannonville.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Cannonville
The steps below are worth completing first when you borrow in Cannonville:
- 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.