Woodruff at a glance
- Population: 173, the 240th-largest community in Utah out of 255 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 170 residents here (US Census Bureau).
- 2020 to 2023 change: about 1.8% more residents than the 2020 Census base (US Census Bureau).
- Rank among Utah places: 240th out of 255 Census places (US Census Bureau).
- Size percentile: it is larger than about 6% of the places in Utah (US Census Bureau).
- Coordinates: mapped at 41.5212, -111.1639 by the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Randolph, UT (10 mi); Bear River, WY (12 mi); Evanston, WY (21 mi); Laketown, UT (23 mi); Garden City, UT (31 mi) (US Census Bureau populations).
- Nearest smaller towns: Opal, WY (47 mi); Granger, WY (62 mi); Oxford, ID (67 mi) (US Census Bureau).
What a personal loan costs in Woodruff
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
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 Woodruff
The sourced rows below are the rules a licensed lender must follow when lending in Utah, and therefore in Woodruff.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Woodruff
These steps are the ones that most affect the offer you receive in Woodruff:
- 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.