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Personal loans in Pleasant Grove, UT

A personal loan in Pleasant Grove is an unsecured installment loan for consolidation or a planned expense, and what it costs follows your credit, income and debts. Census data place Pleasant Grove's population near 37,294, the 28th-largest among Utah's 255 Census places. The rate caps and licensing requirements that apply to a lender in Utah are set out in the sourced table below.

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

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Pleasant Grove at a glance

  • Population: 37,294 (US Census Bureau, Vintage 2023 subcounty estimate), the 28th-largest of 255 places in Utah.
  • 2020 Census base: 37,724 residents (US Census Bureau, 2020 Census).
  • 2020 to 2023 change: about 1.1% lower than the 2020 Census base (US Census Bureau).
  • Rank among Utah places: 28th by size among 255 communities (US Census Bureau).
  • Size percentile: it is larger than about 89% of the places in Utah (US Census Bureau).
  • Coordinates: it sits at 40.3715, -111.7413 in the US Census Bureau Gazetteer.
  • Nearest larger cities: American Fork, UT (3 mi); Orem, UT (6 mi); Lehi, UT (8 mi); Saratoga Springs, UT (9 mi); Provo, UT (10 mi); US Census Bureau population estimates.
  • Nearest smaller communities: Lindon, UT (2 mi); Cedar Hills, UT (3 mi); Vineyard, UT (5 mi) (Census populations).

What a personal loan costs in Pleasant Grove

A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.

The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.

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.

Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.

Utah lending rules that apply in Pleasant Grove

The table lists the Utah rules that apply to a loan made in Pleasant Grove, each with the regulator that published it.

RuleDetailSource
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
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

How to compare offers in Pleasant Grove

A few practical steps will make the process in Pleasant Grove less costly:

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