Leamington at a glance
- Population: about 274 residents, ranking 226th of 255 Census places in Utah (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 262 residents here (US Census Bureau).
- 2020 to 2023 change: roughly 4.6% higher than at the 2020 Census (US Census Bureau).
- Rank among Utah places: 226th of 255 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 11% of Utah's places have fewer residents (US Census Bureau).
- Coordinates: latitude 39.5313, longitude -112.2852 (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Oak City, UT (11 mi); Delta, UT (18 mi); Scipio, UT (22 mi); Levan, UT (23 mi); Hinckley, UT (25 mi) (US Census Bureau).
- Smaller towns nearby: Lynndyl, UT (6 mi); Fayette, UT (31 mi); Fairfield, UT (50 mi) (US Census Bureau).
What a personal loan costs in Leamington
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed 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.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Utah lending rules that apply in Leamington
The Utah rate caps and licensing rules that reach Leamington are listed below, each with its source and retrieval 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 Leamington
The order below is a sensible way to approach a loan in Leamington:
- 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.