Personal loans in Diagonal, IA

Personal loans in Diagonal are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 338 population. A lender that serves Diagonal operates under Iowa lending statutes and a Iowa supervisor.

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.

The Census estimates 338 residents in Diagonal, which ranks it 537th of 940 places in Iowa. Work out your debt-to-income ratio first; lenders weigh it heavily, and Diagonal's 338 residents are no exception. From the 2020 Census base to the 2023 estimate, the population declined by about 0.3%. A larger market lies at Mount Ayr, IA about 9 miles away.

The Diagonal data picture

Most of what governs a Diagonal loan is written in Iowa law rather than in the city; the sourced notes below make that split concrete.

How Iowa law applies in Diagonal

When Iowa does not publish a figure, the row links to the source instead of inventing a number; Diagonal is bound by the same rules.

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
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
Delayed deposit fee capFee cap: $15 on first $100 of check face amount; $10 on subsequent $100 increments
Source says: "fifteen dollars on the first one hundred dollars ... or more than ten dollars on subsequent one hundred dollar increments".
Iowa Legislature (Iowa Code)
as of 2026-09-16

What is available to Diagonal borrowers

Diagonal is lightly settled, with about 370 people per square mile and 42 larger places within 50 miles. Whether Diagonal has a local branch or not, a Iowa-licensed lender can serve its 338 people online on the same terms. The nearest bigger place is Mount Ayr, IA about 9 miles away.

How Diagonal compares across Iowa

Within Iowa, Diagonal holds roughly 0.0% of all residents, the 537th-largest share among 940 places. For population change between 2020 and 2023, Diagonal ranks 314th of 940 in Iowa (about the 67th percentile). By density, at about 370 people per square mile, it ranks 681st in Iowa. In land area, Diagonal ranks 448th among Iowa's 940 places.

The geography behind Diagonal

Diagonal's land area is roughly 0.9 square miles, and the Gazetteer records no significant water area within it. Spread across it are roughly 370 residents per square mile. For the state's biggest city, Des Moines, the distance is roughly 65 miles. Within 50 miles of Diagonal there are 42 larger Census places. Within the same 50 miles lie 72 smaller Census places.

A pre-application checklist for Diagonal

Complete these steps first when you borrow in Diagonal (338 residents):

  1. Start with the credit file: order the reports, fix the errors, then apply.
  2. Use the loan calculator to test the payment on your intended amount and term.
  3. Collect three or more offers and compare them on APR, not on the advertised rate.
  4. Confirm the lender holds a Iowa licence by checking the regulator named above.
  5. Test the payment against your current bills before you commit.
  6. Pick the shortest term whose payment you can comfortably afford.
  7. Borrow only what the purpose requires, not the maximum you are offered.

The process is identical across Iowa; what changes is your credit file, not the fact that Diagonal holds 338 people.

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 Diagonal 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 Diagonal is the same as anywhere in Iowa.
What loan size can I expect in Diagonal?
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 Diagonal?
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 Diagonal 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

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