La Verkin at a glance
- Population: the Census estimates 4,510 residents, ranking 97th of 255 places in Utah (Vintage 2023).
- 2020 Census base: 4,344 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: roughly 3.8% higher than at the 2020 Census (US Census Bureau).
- Rank among Utah places: 97th of the state's 255 Census places (US Census Bureau).
- Size percentile: ahead of around 62% of Utah places in population terms (US Census Bureau).
- Coordinates: 37.2315 / -113.2506, per the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Hurricane, UT (8 mi); Washington, UT (15 mi); St. George, UT (21 mi); Santa Clara, UT (23 mi); Ivins, UT (24 mi) (US Census Bureau populations).
- Nearest smaller communities: Toquerville, UT (3 mi); Virgin, UT (4 mi); Leeds, UT (5 mi) (Census populations).
What a personal loan costs in La Verkin
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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 La Verkin
Read the table as the compliance picture for a lender serving La Verkin: label, sourced figure, publisher and date.
| 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 La Verkin
The steps below are worth completing first when you borrow in La Verkin:
- 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.