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Personal loans in Hyde Park, UT

Borrowers in Hyde Park use personal loans to consolidate balances or cover a one-time cost, and the terms depend on your credit, income and existing obligations. With roughly 5,677 people, Hyde Park ranks 90th of 255 Census places in Utah. The sourced table below lists the Utah rate caps and licensing rules a lender must follow on a loan made here.

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

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Hyde Park at a glance

  • Population: about 5,677, 90th by size in Utah of 255 places (Census Vintage 2023 subcounty estimate).
  • 2020 Census base: the 2020 Census recorded 5,235 residents here (US Census Bureau).
  • 2020 to 2023 change: roughly 8.4% higher than at the 2020 Census (US Census Bureau).
  • Rank among Utah places: 90th by size among 255 communities (US Census Bureau).
  • Size percentile: it is larger than about 65% of the places in Utah (US Census Bureau).
  • Coordinates: 41.8011 latitude, -111.8099 longitude (US Census Bureau Gazetteer).
  • Nearest larger cities (within 120 miles): North Logan, UT (2 mi); Smithfield, UT (3 mi); Logan, UT (5 mi); Providence, UT (7 mi); Nibley, UT (9 mi) (US Census Bureau populations).
  • Nearest smaller communities: River Heights, UT (5 mi); Amalga, UT (6 mi); Millville, UT (8 mi), each a US Census place.

What a personal loan costs in Hyde Park

A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.

The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.

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.

A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.

Utah lending rules that apply in Hyde Park

Each row below is a Utah rule with its publisher and the date it was retrieved.

RuleDetailSource
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
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

How to compare offers in Hyde Park

Before you commit to a personal loan in Hyde Park, work through these steps:

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