Personal loans in Orem, UT
Orem is a mid-sized city of about 95,519 residents, and a personal loan taken out here is governed by Utah statute. Orem ranks 6th of 255 places in Utah, with a population near 95,519. The next larger city is Provo, UT about 5 miles away.
The trend for Orem between 2020 and 2023 is downward by roughly 2.7%. A lender that serves Orem operates under Utah lending statutes and a Utah supervisor. Pull your credit reports and line up at least three offers before you apply from Orem.
Orem by the numbers
Orem is a mid-sized city; the notes below cover its population profile and the statewide rules that apply.
- Population: 95,519 — Orem ranks 6th of 255 communities in Utah (US Census Bureau, Vintage 2023).
- Population trend: Down about 2.7% from the 2020 Census base to the 2023 estimate.
- Change in people: the 2020-to-2023 comparison is a loss of about 2,618 residents.
- Size percentile: Orem sits ahead of around 98% of Utah places, at 95,519 people.
- Land and density: 18.6 square miles of land carry roughly 5,131 residents per square mile.
- Land area: Orem covers 18.6 square miles, the 36th-largest area among Utah's 255 places.
- Share of Utah: Orem holds about 3.0% of the state's population, some 95,519 people.
- National rank: Orem sits 347th by population among the 19,457 places in this dataset.
- Growth in Utah: Orem stands 240th by percentage change from 2020 to 2023, among 255 places.
- Against the state trend: Orem's 2.7% change compares with a Utah average of +5.3% across its 255 places.
- Density in Utah: Orem ranks 5th by people per square mile.
- Against the state median: Orem runs about 5,131 residents per square mile, where the Utah median is 705.
- Location: mapped by the US Census Bureau at 40.2981, -111.6994.
- Nearest larger cities: Provo (5 mi); West Jordan (26 mi); West Valley City (32 mi); Salt Lake City (35 mi). Living near a larger metro rarely changes what is available in Orem.
- Smaller places close by: Vineyard (3 mi); Lindon (3 mi); Pleasant Grove (6 mi).
- Within a 50-mile radius: 75 smaller Census places.
- At 100 miles: 4 larger Census places fall inside that radius.
How personal loans work in Orem
In Orem, a mid-sized city of about 95,519, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The rate you see advertised is a range, not a promise, until a lender reviews your file in Orem. Because the payment is fixed, the total cost of a Orem loan is knowable in advance — unlike a revolving card balance.
Getting a loan in Orem
Orem is a densely built community of about 95,519 people, with 4 larger places inside a 50-mile radius. Distance to a branch rarely matters for Orem's 95,519 residents: the application is online and the price follows your credit file. The nearest larger city, Provo, UT about 5 miles away.
The geography behind Orem
Orem's land area is roughly 18.6 square miles, and the Gazetteer records no significant water area within it. With 95,519 residents, the land area yields roughly 5,131 people per square mile. For the state's biggest city, Salt Lake City, the distance is roughly 35 miles. Counting outward 50 miles, 4 larger communities surround Orem. The 100-mile radius contains 4 larger places.
The state rulebook for Orem
These are Utah's sourced lending facts as they reach Orem's 95,519 residents; the state has no city-level rate rule.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How Orem compares across Utah
Set beside Utah's 255 places, Orem ranks 6th by population and holds about 3.0% of the state total. For population change between 2020 and 2023, Orem ranks 240th of 255 in Utah (about the 6th percentile). At about 5,131 people per square mile, Orem is the 5th most densely settled place in Utah. Within 50 miles sit 75 smaller Census places, alongside the 4 that are larger.
Common questions
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Nearby places
- Lindon, UT — population 11,734
- Vineyard, UT — population 14,500
- Provo, UT — population 113,343
- Pleasant Grove, UT — population 37,294
- American Fork, UT — population 38,549
- Cedar Hills, UT — population 9,800
- Springville, UT — population 35,471
- Highland, UT — population 20,217