Personal loans in Murray, IA

With roughly 624 residents, Murray is a small community, and the lending rules its borrowers live under are written in Iowa, not by the city. Price two or three terms so you can see which payment is truly affordable in Murray. Lenders active in Murray report to a Iowa supervisor, identified in the sourced rows below. A larger market lies at Osceola, IA about 8 miles away.

Murray: the sourced local profile

Two layers matter for a Murray borrower: the local population picture and Iowa's consumer-lending statutes.

• Population: 624 residents; Murray is the 401st-largest of 940 places in Iowa (US Census Bureau, Vintage 2023).
• Population trend: A drop of about 8.5% from 2020 to 2023.
• People gained or lost: about 58 fewer since the 2020 base.
• Size percentile: bigger than about 57% of the places in Iowa, with 624 residents in Murray.
• Density: the Census land area of 0.8 sq mi holds about 780 people per square mile.
• Land area: Murray covers 0.8 square miles, the 474th-largest area among Iowa's 940 places.
• Share of state population: Murray's 624 residents are about 0.0% of Iowa.
• Nationally: Murray is the 12,262nd-largest of 19,457 Census places in the dataset.
• Growth rank: Murray ranks 940th among Iowa's 940 places for the 2020-to-2023 change.
• Against the state trend: Murray's 8.5% change compares with a Iowa average of -0.7% across its 940 places.
• Density rank: Murray is the 400th most densely settled place in Iowa.
• Density vs Iowa: Murray's 780 people per square mile compare with a state median of 672.
• Location: 41.0413, -93.9488 (Census Gazetteer coordinates).
• Nearest larger cities: Osceola (8 mi); Afton (13 mi); St. Charles (19 mi); Winterset (22 mi); Creston (22 mi). For most borrowers the comparison happens online, not at a branch.
• Nearest smaller towns: Thayer (5 mi); Lorimor (8 mi); Truro (13 mi).
• Within a 50-mile radius: 73 smaller Census places.
• Larger places within 100 miles: 163.

Borrowing reach in Murray

With about 780 residents per square mile, Murray is moderately settled, and 47 larger Census places sit within 50 miles. What is available to Murray's 624 borrowers is set by Iowa licensing and your own credit, not by how many branches are nearby. The nearest larger city, Osceola, IA about 8 miles away.

What Iowa law requires in Murray

Below are the Iowa rules that apply to a loan made in Murray, each with the regulator that issued it.

Where Murray sits

Inside Murray's boundaries lie about 0.8 square miles of land, with no significant water area recorded. Spread across it are roughly 780 residents per square mile. The largest place in Iowa, Des Moines, lies about 41 miles away. Counting outward 50 miles, 47 larger communities surround Murray. By land area it ranks 474th of 940 Iowa places.

How personal loans work in Murray

Murray is a small community of about 624 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Two numbers drive a Murray loan: the APR, which includes fees, and the term, which decides how long you keep paying. A longer term lowers the monthly payment on a Murray loan but raises total interest, so the smallest payment is not the cheapest loan.

Murray in state context

Among Iowa's 940 places, Murray sits at 401st for population, a share of roughly 0.0% of the state. For population change between 2020 and 2023, Murray ranks 940th of 940 in Iowa (about the 0th percentile). Its roughly 780 residents per square mile place it 400th among Iowa's places. By land area, its 0.8 square miles rank 474th of 940 places in Iowa.