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Personal loans in Centerfield, UT

Borrowers in Centerfield use personal loans to consolidate balances or cover a one-time cost, and the terms depend on your credit, income and existing obligations. At about 1,419 residents, Centerfield is the 140th-largest of the 255 Census places in Utah. Every lender serving Utah must observe the state's rate caps and licensing rules, shown with their sources below.

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

Advertising disclosure: Personalloaned may receive a referral fee if you apply through a link on this page. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. The lowest rates are only available to the most qualified applicants. Read the full disclosure.

Centerfield at a glance

  • Population: a Census-estimated 1,419, placing it 140th among Utah's 255 places (Vintage 2023 subcounty estimate).
  • 2020 Census base: the 2020 Census recorded 1,336 residents here (US Census Bureau).
  • 2020 to 2023 change: roughly 6.2% higher than at the 2020 Census (US Census Bureau).
  • Rank among Utah places: the 140th-largest of 255 (US Census Bureau, 2023 estimate).
  • Size percentile: roughly 45% of places in Utah rank below it by population (US Census Bureau).
  • Coordinates: it sits at 39.1275, -111.8184 in the US Census Bureau Gazetteer.
  • Nearest larger cities: Gunnison, UT (2 mi); Salina, UT (13 mi); Manti, UT (14 mi); Ephraim, UT (20 mi); Richfield, UT (29 mi) — straight-line distances, US Census Bureau populations.
  • Nearest smaller towns: Mayfield, UT (6 mi); Fayette, UT (7 mi); Sterling, UT (8 mi) — US Census Bureau populations.

What a personal loan costs in Centerfield

Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.

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.

Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.

Utah lending rules that apply in Centerfield

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

RuleDetailSource
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
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 Centerfield

The steps below are worth completing first when you borrow in Centerfield:

  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 Centerfield?
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 Centerfield are the same as elsewhere in Utah.
How much can I borrow with a personal loan in Centerfield?
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 Centerfield 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 Centerfield 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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