Cedar City at a glance
- Population: roughly 39,942 people; 23rd of 255 places in Utah (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 35,247 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: up about 13.3% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Utah places: 23rd out of 255 Census places (US Census Bureau).
- Size percentile: about 91% of Utah's Census places are smaller (US Census Bureau).
- Coordinates: latitude 37.6838, longitude -113.0955 (US Census Bureau Gazetteer).
- Nearest larger cities: St. George, UT (50 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Enoch, UT (6 mi); Kanarraville, UT (11 mi); Brian Head, UT (14 mi) (Census populations).
What a personal loan costs in Cedar City
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Utah lending rules that apply in Cedar City
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| 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 Cedar City
Before you commit to a personal loan in Cedar City, work through these steps:
- 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.