Wellington at a glance
- Population: 1,630 people, the 131st-largest place among Utah's 255 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,611 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 1.2% more residents than the 2020 Census base (US Census Bureau).
- Rank among Utah places: 131st of the state's 255 Census places (US Census Bureau).
- Size percentile: it is larger than about 49% of the places in Utah (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 39.5359, -110.7344.
- Nearest larger cities: Price, UT (6 mi); Helper, UT (13 mi); Huntington, UT (19 mi); Mount Pleasant, UT (38 mi); Moroni, UT (45 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Elmo, UT (11 mi); Cleveland, UT (14 mi); East Carbon, UT (16 mi), each a US Census place.
What a personal loan costs in Wellington
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Wellington
The table lists the Utah rules that apply to a loan made in Wellington, each with the regulator that published it.
| 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 Wellington
Before you share your details with a lender in Wellington:
- 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.