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Personal loans in Lacona, IA

If you are weighing a personal loan in Lacona, start from the payment you can carry; its 334 residents face the same statewide rules. When Iowa caps or restricts a product, lenders either change the terms or withdraw it from Lacona as from the rest of the state. The Census counts 334 people in Lacona, the 541st-largest figure among Iowa's 940 places. Begin with the payment, then weigh APR and total interest across the lenders that reach Lacona's 334 residents. From the 2020 Census base to the 2023 estimate, the population declined by about 2.6%. The next larger city is Milo, IA about 7 miles away.

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

Compare loan offers Run the numbers first

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 Lacona data picture

Read the local figures below as context; read the sourced Iowa table as the rulebook a lender here must follow.

How Iowa law applies in Lacona

Iowa has no separate rate rule for Lacona; the sourced rows below are what reach every lender that serves its 334 people.

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
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
Maximum legal interest rate (usury cap)2 percentage points above the monthly average 10-year U.S. Treasury constant maturity rate (written agreements)
Source says: "The maximum lawful rate of interest ... in any written agreement ... shall be two percentage points above the monthly average ten-year constant maturity interest rate".		Iowa Legislature (Iowa Code)
as of 2026-09-16

Lacona on the map

The Census Gazetteer records about 0.3 square miles of land within Lacona, with no significant water area listed. The resulting density is about 1,009 people per square mile. For the state's biggest city, Des Moines, the distance is roughly 29 miles. Within 50 miles of Lacona there are 74 larger Census places. The 100-mile radius contains 247 larger places.

Lacona against the rest of Iowa

Among Iowa's 940 places, Lacona sits at 541st for population, a share of roughly 0.0% of the state. Its 2020-to-2023 change ranks 762nd of 940 Iowa places, putting it near the 19th percentile for growth. By density, at about 1,009 people per square mile, it ranks 267th in Iowa. In land area, Lacona ranks 768th among Iowa's 940 places.

Getting a loan in Lacona

At roughly 1,009 people per square mile, Lacona is moderately settled; 74 larger places lie within 50 miles. Lenders licensed in Iowa reach Lacona's 334 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Milo, IA about 7 miles away.

What shapes a Lacona personal loan

Most loans made to Lacona's 334 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The APR tracks your credit score rather than Lacona's rank of 541st in Iowa: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. A longer term lowers the monthly payment on a Lacona loan but raises total interest, so the smallest payment is not the cheapest loan.

Compare personal loan offers Run the numbers first

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