Personal loans in Craig, IA

Craig is a small community of about 76 residents, and a personal loan taken out here is governed by Iowa statute. By population, Craig sits at 856th in Iowa, with an estimated 76 residents.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

For a bigger market, look to Ireton, IA about 6 miles away. Craig lost roughly 1.3% of its population across the 2020-to-2023 comparison. A lender that serves Craig operates under Iowa lending statutes and a Iowa supervisor. Read the disclosure for an origination fee and any prepayment penalty before signing in Craig.

Craig by the numbers

Only a few things actually differ by place — population, area, location, and the Iowa rules a lender must follow — and they are below.

Land, water and location for Craig

Inside Craig's boundaries lie about 0.1 square miles of land, with no significant water area recorded. That land carries about 864 people per square mile. Des Moines, the largest place in Iowa, is about 166 miles from Craig. A 50-mile radius around Craig takes in 105 places that are larger. By land area it ranks 930th of 940 Iowa places.

What a Craig borrower is actually offered

A Craig personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 76 residents. The APR tracks your credit score rather than Craig's rank of 856th in Iowa: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Craig loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Craig against the rest of Iowa

Craig is the 856th-largest of 940 Census places in Iowa and contains about 0.0% of the state's people. Its 2020-to-2023 change ranks 485th of 940 Iowa places, putting it near the 48th percentile for growth. By density, at about 864 people per square mile, it ranks 345th in Iowa. Between 2020 and 2023 the count changed by roughly 1 residents.

Which Iowa laws govern a loan in Craig

The rows below set out what a licensed lender must follow in Iowa, and so for Craig's roughly 76 residents.

RuleDetailSource
State lending regulatorIowa Division of Banking (IDOB), Iowa Department of Insurance and Financial Services
Source says: "As part of the 2023 state government realignment, the IDOB became part of a new Department of Insurance and Financial Services".
Iowa Division of Banking
as of 2026-09-16
Payday lending statusPermitted under license (delayed deposit services; must be physically located in Iowa)
Source says: "A person shall not operate a delayed deposit services business in this state unless the person is physically located in this state and licensed by the superintendent".
Iowa Legislature (Iowa Code)
as of 2026-09-16
Small-loan / installment lender licensingRegulated Loan Act license required (superintendent of banking)
Source says: "shall not engage in the business of making loans ... without first obtaining a license from the superintendent of banking".
Iowa Legislature (Iowa Code)
as of 2026-09-16

Lender access in Craig

Craig is a moderately settled community of about 76 people, with 105 larger places inside a 50-mile radius. Lenders licensed in Iowa reach Craig's 76 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Ireton, IA about 6 miles away.

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Craig if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Craig is the same as anywhere in Iowa.
What loan size can I expect in Craig?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Craig?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Craig cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

Related