Personalloaned Compare rates

UT · city page

Personal loans in Scofield, UT

For residents of Scofield, a personal loan is a lump sum with a fixed repayment schedule, and its cost reflects your credit, income and debt-to-income picture. At about 27 residents, Scofield is the 255th-largest of the 255 Census places in Utah. 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

Compare rates Run the numbers first

Advertising disclosure: Personalloaned may receive a referral fee if you apply through a link on this page. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. The lowest rates are only available to the most qualified applicants. Read the full disclosure.

Scofield at a glance

  • Population: 27 (US Census Bureau, Vintage 2023 subcounty estimate), the 255th-largest of 255 places in Utah.
  • 2020 Census base: 26 people counted in the 2020 Census (US Census Bureau).
  • 2020 to 2023 change: about 3.8% growth over the 2020 Census base (US Census Bureau).
  • Rank among Utah places: 255th largest of 255 (US Census Bureau).
  • Size percentile: roughly 0% of Utah's places have fewer residents (US Census Bureau).
  • Coordinates: mapped at 39.7198, -111.1623 by the US Census Bureau Gazetteer.
  • Nearest larger cities: Fairview, UT (16 mi); Helper, UT (16 mi); Mount Pleasant, UT (20 mi); Price, UT (21 mi); Spring City, UT (24 mi) — straight-line distances, US Census Bureau populations.
  • Nearest smaller towns: none within 120 miles of Scofield (US Census Bureau).

What a personal loan costs in Scofield

Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.

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

A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.

Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.

Utah lending rules that apply in Scofield

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

RuleDetailSource
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
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

How to compare offers in Scofield

Before you commit to a personal loan in Scofield, 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 Scofield?
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 Scofield are the same as elsewhere in Utah.
How much can I borrow with a personal loan in Scofield?
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 Scofield 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 Scofield 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

Related