Personal loans in Ferron, UT

Work out your debt-to-income ratio first; lenders weigh it heavily, and Ferron's 1,519 residents are no exception. State law, not city hall, decides what a lender may do to Ferron's roughly 1,519 residents, and a state regulator supervises it. Census figures put the 2020-to-2023 increase in Ferron at about 2.8%. The next larger city is Castle Dale, UT about 11 miles away.

Local context for Ferron

What follows is Ferron's place in the Census record, alongside the Utah rules that govern a personal loan made here.

• Population: the Census counts 1,519 residents in Ferron (Vintage 2023 subcounty estimate), the 138th-largest figure among Utah's 255 places.
• Population trend: A gain of roughly 2.8% between 2020 and 2023.
• Change in people: the 2020-to-2023 comparison is a gain of about 41 residents.
• Size percentile: Ferron sits ahead of around 46% of Utah places, at 1,519 people.
• Population density: 645 people per square mile on 2.4 square miles of land.
• By land area: Ferron ranks 180th among Utah's 255 places, at 2.4 sq mi.
• Share of state population: Ferron's 1,519 residents are about 0.0% of Utah.
• National rank: Ferron is the 8,644th most populous of the 19,457 Census places covered here.
• Growth rank: Ferron ranks 164th among Utah's 255 places for the 2020-to-2023 change.
• State comparison: Utah's places average +5.3% for 2020-to-2023, against Ferron's 2.8%.
• Density in Utah: Ferron ranks 136th by people per square mile.
• Density in context: Ferron's 645 people per square mile sit against a Utah median of 705.
• Location: 39.0916, -111.1336 (US Census Bureau Gazetteer).
• Nearest larger cities: Castle Dale (11 mi); Huntington (19 mi); Manti (29 mi); Ephraim (30 mi); Mount Pleasant (35 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller places close by: Clawson (3 mi); Orangeville (10 mi); Emery (13 mi).
• Smaller neighbours: 17 places smaller than Ferron sit within 50 miles.
• Within 100 miles: 41 places are larger than Ferron.

What to do before borrowing in Ferron

A sensible order of operations for a loan in Ferron, home to about 1,519 people:

1. Pull your credit reports first and correct any error before a lender sees the file.
2. Model the payment on the calculator before a lender models it for you.
3. Get several pre-qualifications and compare APR side by side before choosing.
4. Confirm the Utah licence with the regulator named above before committing.
5. Write down the purpose of the loan and your repayment plan before you apply.
6. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
7. Read the disclosure for an origination fee and any prepayment penalty before signing.

What differs between Ferron and the rest of Utah is not the process but the borrower's own file, among the 1,519 people here.

Ferron in state context

Against Utah's other places, Ferron accounts for about 0.0% of the state's population and ranks 138th of 255 by size. Its 2020-to-2023 change ranks 164th of 255 Utah places, putting it near the 36th percentile for growth. At about 645 people per square mile, Ferron is the 136th most densely settled place in Utah. Between 2020 and 2023 the count changed by roughly 41 residents.

Utah consumer-lending rules applied in Ferron

The rows below set out what a licensed lender must follow in Utah, and so for Ferron's roughly 1,519 residents.

Ferron on the map

Ferron covers about 2.4 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. With 1,519 residents, the land area yields roughly 645 people per square mile. The largest place in Utah, Salt Lake City, lies about 124 miles away. Within 50 miles of Ferron there are 12 larger Census places. Within the same 50 miles lie 17 smaller Census places.

What a Ferron borrower is actually offered

A Ferron personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 1,519 residents. The rate you see advertised is a range, not a promise, until a lender reviews your file in Ferron. Because the payment is fixed, the total cost of a Ferron loan is knowable in advance — unlike a revolving card balance.