Grantsville at a glance
- Population: a Census-estimated 15,267, placing it 53rd among Utah's 255 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 12,635 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: up about 20.8% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Utah places: 53rd of 255 by population (US Census Bureau, Vintage 2023).
- Size percentile: about 79% of places in Utah are smaller (US Census Bureau).
- Coordinates: mapped at 40.6113, -112.4691 by the US Census Bureau Gazetteer.
- Nearest larger cities within 120 miles: Tooele, UT (10 mi); Magna metro, UT (18 mi); Kearns metro, UT (24 mi); West Jordan, UT (25 mi); West Valley City, UT (25 mi) (US Census Bureau).
- Smaller places nearby: Erda, UT (8 mi); Lake Point, UT (12 mi); Stockton, UT (13 mi), per US Census Bureau estimates.
What a personal loan costs in Grantsville
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Utah lending rules that apply in Grantsville
The Utah rate caps and licensing rules that reach Grantsville are listed below, each with its source and retrieval date.
| 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 Grantsville
Before you share your details with a lender in Grantsville:
- 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.