Tropic at a glance
- Population: 512 (US Census Bureau, Vintage 2023 subcounty estimate), the 194th-largest of 255 places in Utah.
- 2020 Census base: 489 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: a gain of roughly 4.7% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Utah places: the 194th-largest of 255 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 24% of places in Utah rank below it by population (US Census Bureau).
- Coordinates: 37.6331 latitude, -112.0880 longitude (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Panguitch, UT (23 mi); Escalante, UT (28 mi); Circleville, UT (38 mi); Orderville, UT (41 mi); Paragonah, UT (41 mi) (US Census Bureau).
- Nearest smaller communities: Bryce Canyon City, UT (5 mi); Cannonville, UT (6 mi); Henrieville, UT (7 mi) (Census populations).
What a personal loan costs in Tropic
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Utah lending rules that apply in Tropic
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| 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 Tropic
Here is a short checklist for comparing personal loans in Tropic:
- 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.